Changing Your Fund Administrator: Steps and Factors to Consider

Alternative asset management firms develop and evolve in a variety of ways: evolution in investment strategies, encountering new regulatory environments, expansion of investor base, including new investor types and domiciles, creating new fund structures and larger assets under management, to name a few. Consequently, what a firm or fund needs in terms of its third-party service providers can also change over time. Why might an alternative asset management firm consider a new fund administration partner and what is needed for a smooth transition?

另类资产管理公司会以多种方式发展演变：投资策略演变、面临新的监管环境、投资者群体扩大（包括新的投资者类型和注册地）、建立新的基金结构以及管理资产规模扩大，等等。因此，公司或基金对第三方服务提供商的需求也可能随着时间推移而变化。