For limited partners.
Consulting on operational functions for UAE family offices, holding companies, wealth advisors, and corporate treasuries holding positions across private equity, private credit, venture capital, real estate, infrastructure, hedge funds, and open-ended fund structures. The practice is built for limited partners who require institutional-grade record-keeping, reconciliation, and consolidated reporting across multiple managers and jurisdictions, without the headcount of a full in-house operations team.
The work of being a limited partner, done properly.
Most limited partners holding more than three or four fund positions encounter the same operational gap. Each manager reports in its own format, on its own cycle, through its own portal. Capital calls arrive on short notice. Distribution notices arrive without context. Capital account statements drift between quarters and require independent reconciliation to be trusted. Side letter entitlements go untracked. Tax documents, audited financials, and counterparty correspondence accumulate without a coherent system. The cumulative operational load is substantial, but rarely justifies a full-time hire.
The result is typically one of two unsatisfactory outcomes; the limited partner absorbs the operational burden internally and lets some of it slip, or the limited partner lives with limited independent reconciliation of what each manager reports.
Fundtec is built to close that gap. The consulting framework gives limited partners the senior judgment of a back-office CFO, the operational discipline of an institutional family office function, and the reconciliation rigour of a fund accountant, applied to the limited partner's positions rather than to any fund.
Senior advisory work is the engagement's purpose. Where ongoing execution is required, it sits inside the consulting engagement with defined scope and oversight, not as a standalone outsourcing service.
Four consulting practices.
Each practice is a complete consulting engagement on its own. Most clients engage Fundtec across two or three; some take all four as an integrated arrangement.
Portfolio record-keeping
Subscription documents, side letters, capital calls, distribution notices, statements, tax documents, and counterparty correspondence; organised, version-controlled, and accessible through a single channel.
↗ 02 ⁄ 04Capital account reconciliation
Independent quarter-on-quarter reconciliation of each fund's capital account; identification of fee, expense, distribution, and NAV-roll discrepancies for the client's follow-up with the manager.
↗ 03 ⁄ 04Consolidated portfolio reporting
Cross-manager consolidation of commitments, drawn capital, distributions, NAV, IRR, and TVPI as reported by underlying managers; reports prepared for the client, family principals, investment committees, or auditors.
↗ 04 ⁄ 04Subscription and KYC administration
Administrative support for new fund subscriptions, ongoing KYC and re-KYC, tax residency documentation, and counterparty onboarding with fund administrators.
↗Limited partner profiles served by the practice.
Single-family offices
SFOs with diversified portfolios requiring consolidation across direct holdings, fund positions, and managed accounts.
Multi-family offices and wealth advisors
MFOs and wealth advisors managing client positions in private funds, requiring operational support delivered under their own client relationships.
Holding companies and corporate treasuries
Holding entities and treasuries with strategic fund positions or co-investment commitments alongside operational businesses.
Foundations, endowments, and charitable structures
Limited partners with limited internal administrative capacity but multi-fund portfolios across alternative strategies.
External asset managers acting for private clients
Licensed external asset managers running private client portfolios where fund positions form a meaningful share of the book.
Quasi-institutional limited partners
Smaller institutional limited partners operating below the threshold at which a full investment office is supportable.
A separate practice, by design.
This practice serves limited partners. Fundtec does not accept compensation from fund managers in respect of limited-partner-side engagements, and does not provide limited-partner-side services for any fund where Fundtec is engaged on the manager side. The separation is documented in the engagement letter for every limited partner client.
An operational conversation.
A 30-minute discovery call to understand the structure of your positions, your current operational setup, and what is prompting the conversation. No slide deck.