Auction fund manager services
In 2017, the U.S. Securities and Exchange Commission opened the door (via the grant of certain exemptive relief) to auction funds, an investment solution designed to provide financial advisors and high-net-worth investors access to private equity, real estate, infrastructure and private credit without the drawbacks of other already existing vehicles such as: limited liquidity, performance cash drag, and redemption gates.
Auction funds must operate within the parameters defined by the ’40 Act. With over 30 years of expertise serving ’40 Act vehicles, we have an established operational infrastructure in place to support these funds.
You can choose between two fund operations outsourcing options:
- Basic accounting and fund administration services
- Cost-effective, turnkey operational infrastructure offered through our series trust, Advisors’ Inner Circle Fund® (AIC) platform
Access to private market investments has been primarily limited to very large institutional and ultra-high-net-worth investors, but now our operating infrastructure can help you and your investors leverage the benefits of auction funds in creating alpha and diversifying portfolios.