We have a very experienced and knowledgeable team that can help with all aspects of fund administration through a combination of people, technology and credentials.
Need to share the load, but maintain control?
Private fund accounting and administration is complex, specialised work, and there are clear benefits of outsourcing. Mainspring specialises in this work, has dedicated teams, processes and years of experience to support your fund’s needs. Through our fund manager portal, we give you live access to the underlying fund accounting data so that you have full oversight and retain control.
You need a sophisticated fund accounting system?
Mainspring uses a number of market-leading systems to provide its service and, by using the fund manager portal, makes the power of these systems available to its fund manager clients. The core systems we use, and the power of which is available to our clients are FIS Private Equity Suite (previously called ‘Investran’), Data Exchange and Tableau as the portal, K2 for workflow processes, Automation Anywhere for RPA, and Encompass to manage investor AML processes.
Why outsource to Mainspring?
Mainspring is an independent, London based, specialised private fund administrator, with sector expertise and a strong focus on technology to drive automation and consistent processes, and uses its portal to provide real transparency for the fund manager.
Do we support new fund managers?
Mainspring has worked with many first time and start-up fund managers (half of our clients were first-time fund teams), and over the recent years has also migrated a significant number of existing funds to our platforms. Mainspring can provide services over each stage of a fund’s life from support pre-startup through to closing the fund.
Do you need assistance with operating an AIF?
Mainspring works with a number of expert partners to support investment teams in a number of jurisdictions, to ensure the regulatory infrastructure required is in place, and to ensure the operating processes are appropriate. We are happy to work with other sub-threshold or full-scope AIFMs to support your fund and can introduce you to appropriate depository service providers.
Do we support co-investments?
Mainspring can provide accounting and administration for co-investment vehicles such as limited companies, LLPs and partnerships.
We are also able to support fund managers who wish to give investors access to multiple investment opportunities using a unique custody model.
Using its fully administered custody platform Mainspring is able to hold client money and assets on behalf of investors, allowing them to build up a portfolio of investments, with all reporting and regulatory infrastructure provided by Mainspring.