Fund administration
Opus Fund Services
Opus Fund Services is an independently owned fund administrator working with hedge, private equity, private credit, venture capital, real estate and family office clients. Its private markets group supports closed-end, hybrid and evergreen structures, and it states that it supports hedge fund strategies without limits on complexity, volume or time-zone coverage.
The administration runs on a platform Opus develops in-house. Trained RPA routines handle daily operational tasks while digital agents complete longer processes such as NAV calculation, and staff review the work rather than key it. Private markets clients get digital capital calls, real-time cap tables, automated waterfall calculations and SPV administration; family offices get tailored service models, workflows and reporting. Opus describes an open due diligence process in which prospective clients watch how the work is actually done.
Opus launched its technology-based fund administration platform in 2006 and describes a twenty-year track record. It says more than half of its assets under administration come from managers who moved across from a previous administrator. Beyond its US locations in Naperville, Fort Myers, Brentwood and New York, the contact page lists offices in Hamilton, Halifax, Bedford, Mumbai, Dublin, Enniscorthy, Quatre Bornes, Taguig City, Cape Town and Glasgow.
No fee schedule is published. Ask which team and time zone would cover your fund day to day, what a conversion from an existing administrator involves, and how the automated NAV process is reviewed before numbers go to investors.
Best for
Emerging and established fund managers — hedge, private equity, private credit, venture and real estate — who want administration run on an automated platform and global time-zone coverage. Managers wanting a single-office local administrator should look elsewhere.
What they do
- Hedge fund administration
- Private equity and private credit fund administration
- Real estate and venture fund administration
- Fund accounting and NAV calculation
- Investor services and digital capital calls
- Cap table and waterfall calculation
- SPV administration
- Family office reporting
Details
| Attribute | Value |
|---|---|
| Ownership | Private |
| Offices | New York, NY, Naperville, IL, Fort Myers, FL, Brentwood, CA |
What stands out
- Launched its technology-based fund administration platform in 2006 and describes a twenty-year track record.
- Says more than 50% of assets under administration come from managers who switched from a prior administrator.
- States that automation handles 80% of processes, with staff handling the 20% that requires judgement.
- Lists offices outside the United States in Hamilton, Halifax, Bedford, Mumbai, Dublin, Enniscorthy, Quatre Bornes, Taguig City, Cape Town and Glasgow.