Outsourcing Administration
Thank you for taking the time to understand how Gemini Fund Services, LLC (”Gemini”)
can help you grow your business. Gemini partners with investment companies to deliver
successful, comprehensive pooled alternative investment solutions. We are a customer-focused,
full service provider specializing in partnering with Investment Advisors with established
funds ranging from $50 million to $2 billion in assets under management.
Gemini started as a mutual fund servicing company in 1983. Since that time, we have
leveraged this immense knowledge and experience into the hedge fund and alternative
investment industry. Your investors are probably demanding increased transparency
and independent oversight. And choosing Gemini will help you meet those demands.
We are SAS 70 compliant, can offer daily NAV services if required and we have even
helped advisors convert existing alternative strategies into registered 40-Act mutual
funds.
Gemini differs from some service providers who only focus on hedge funds because
we are able to leverage our pre-existing accounting, administration, and transfer
agency systems. This allows us to provide additional services to you, at no additional
cost, rather than referring you to third-party vendors or charging you additional
fees in order to build the technology in house. We administer a variety of strategies,
ranging from distressed debt to asset backed securities to foreign equity to private
placements. We are confident that our services, customer service and general passion
for the fund industry will provide the best solutions for your alternative investment
solution.
Gemini’s goal is to wrap around your business. We take our talent, technology and
knowledge and deliver that to you, our customer. Why do we do that at Gemini? Because
that is what outsourcing is about: helping your business by understanding it and
delivering what is important to you. Our mission and passion is to provide the best
service in the industry. We have been in the business of creating and servicing
funds for over 25 years and take pride in our company which shows in our service.
Gemini is small enough to deliver personalized attention but large enough to attract,
retain, and deploy world-class talent. Unlike big firms, we do not lose you in layers
of bureaucracy or impose the huge overhead costs of a mega-organization.
All of our professionals are highly trained and hands-on in their involvement with
our clients, adding value to their work with you and proving we are committed to
service. The quality of our work is proven by the success of our business. Great
diligence is maintained to ensure we have done what is required in the best way
possible. While providing objective, accurate and truthful analysis of the systems
and controls in place, we are continually working to identify potential opportunities
and implement new solutions, proving our commitment to your future. We enable you
to focus on managing portfolios and raising assets.
How We Can Help You Outsource Administration
Once you’ve decided to outsource administrating your fund, a few things become clear.
You need a service provider who cares as much about your product as you do. You
also need servicing that is accurate and cost effective.
For more detail, please
click here to download our latest thought piece “10 Questions Advisors Need
to Ask When Outsourcing Fund Administration.”
Gemini’s attrition rate over the last few decades has been very low, which is a
testament to our focus on excellence and client service. You are welcome to talk
with a range of our reference accounts as we believe our best advertising comes
from our clients.
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Amount of Time
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Gemini’s Tasks
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Your Tasks
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Immediately
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- Dedicate a person from our team to the relationship with you
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- Dedicate a person from your team to the relationship with Gemini
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One to three months
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- Coordinate weekly calls during the implementation process
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- Work with outside counsel to add Gemini to all necessary legal documents
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Two to four weeks (towards end of one to three months)
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- Review all legal documents.
- Set up all necessary bank accounts and verify current assets.
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- Send all legal documents to Gemini for review
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