Fund Administration

Independent Fund Administration for Private Credit and Structured Finance

Concord Servicing’s Fund Administration services provide private credit funds, asset managers, and capital markets participants with accurate, independent, and transparent management of fund-level operations. By handling everything from data aggregation and cash management to reconciliations, investor reporting, and compliance oversight, Concord delivers the operational backbone that funds need to scale efficiently while meeting the governance standards investors demand.

Whether for structured credit vehicles, private debt funds, or specialty finance portfolios, Concord ensures that financial data, capital flows, and investor communications are managed with precision, independence, and compliance rigor.

Our Fund Administration offering includes:

• Data Aggregation & Reconciliation: Consolidating data from multiple servicers, custodians, and portfolio systems to provide a single source of truth for fund operations.
• Cash Management & Accounting: Handling fund-level cash flows, reconciliations, and capital account management, including fee calculations and allocations.
• Capital Calls & Distributions: Administering investor capital calls, subscription line drawdowns, and periodic distributions in line with fund documentation.
• Investor Reporting: Preparing accurate, timely reporting packages for LPs, GPs, lenders, and rating agencies, including NAV statements and compliance certifications.
• Compliance & Audit Support: Supporting audits, regulatory reporting, and investor due diligence processes with clear, auditable records.
• Integration with Servicing & Collateral Oversight: Coordinating with Concord’s Verification Agent, Calculation Agent, and Custodial Services to align portfolio-level performance with fund-level reporting.

Key Benefits:

• Transparency & Confidence: Independent administration ensures investors have clear, accurate, and timely insights into fund operations, NAV, and capital flows.
• Governance & Compliance: Supports LP, trustee, and regulatory requirements with robust reporting and controls, aligning with best practices in private credit and structured finance.
• Operational Efficiency: Streamlines fund operations, reducing back-office burdens and allowing managers to focus on origination, underwriting, and growth.
• Reduced Risk of Errors: Independent reconciliations and accounting reduce the risk of misstatements, improving audit readiness and investor trust.
• Scalability Across Structures: Suitable for private credit funds, securitization vehicles, subscription finance facilities, and hybrid capital markets structures.
• Investor & LP Trust: Accurate and timely investor reporting strengthens relationships with LPs, rating agencies, and lenders—supporting fundraising and secondary market execution.