Experience the New Age of Fund Administration
OpEff is not a typical fund administrator. We are a technology company. That means we don't depend on third-party accounting technology — and we pass on the cost savings to you. OpEff provides fund administration services to hedge funds, private equity, and venture capital firms.
Our key differentiator is the use of proprietary technology built on artificial intelligence that automates administration tasks using agentic AI, delivering the most efficient and accurate operations available — completing month-end tasks in as little as two business days. AI enablement also allows our technology to catch errors throughout the month and during the closing and NAV striking process, before they ever reach your investors or auditors.
Zero Reliance on Third-Party Technology
Most fund administrators use the same off-the-shelf software — Advent Geneva, FIS Investran, or Allvue — that your team could license directly. OpEff operates entirely on its own Perfona platform: a purpose-built, cloud-native accounting and investor management system. This means faster turnaround, tighter integration between portfolio accounting and investor allocations, and a direct feedback loop between our technology and operations teams when something needs to change.
What's Included
Every OpEff fund administration engagement covers the full accounting and operations lifecycle — from daily trade reconciliation and accrual loading through to month-end NAV packages, investor statements, and year-end financial statements. Services are not modular add-ons billed separately; they are a single, fully-managed operation.
How OpEff Compares to a Typical Fund Administrator
| Feature | OpEff Fund Administration | Typical Fund Administrator |
|---|---|---|
| Portfolio Accounting | ||
| Artificial Intelligence | ✓ Yes | No |
| Proprietary GL Technology | ✓ Yes | No |
| Automated NAV Striker | ✓ Yes | No |
| Automated Trade Reconciliations | ✓ Yes | No |
| Accrual Loaders | ✓ Yes | Some |
| Tax Lot Accounting | ✓ Yes | Some |
| Investment Projections Technology | ✓ Yes | No |
| Tax Accounting Technology | ✓ Yes | No |
| Automated Financial Statements | ✓ Yes | No |
| Investor Management | ||
| Proprietary Waterfall Technology | ✓ Yes | No |
| Private Equity Technology | ✓ Yes | No |
| Proprietary Investor Portal | ✓ Yes | No |
| Automated Investor Statements | ✓ Yes | No |
| CRM for Clients | ✓ Yes | No |
| Investor Liquidity Projections | ✓ Yes | No |
| Data Warehouse & Automation | ||
| Data Room | ✓ Yes | Some |
| OMS Integration | ✓ Yes | Some |
| Quickbooks Integration | ✓ Yes | No |
| Automated Daily Reports | ✓ Yes | No |
| Bespoke Report Designs | ✓ Yes | No |
| Value-Added Services | ||
| Year-End Financial Statements | ✓ Yes | Some |
| Daily P&L Reports | ✓ Yes | Some |
| Fund / Investor FP&A | ✓ Yes | No |
| Tax Accounting / Estimates | ✓ Yes | No |
| Access to Backend | ✓ Yes | No |
| Application Development | ✓ Yes | No |
| Outsourced IT / Programming | ✓ Yes | No |
Who Is This Service For?
OpEff's fund administration service is designed for alternative investment managers who want institutional-quality operations without the overhead of a large, slow-moving administrator. Our clients include:
- Emerging hedge fund managers launching their first fund and needing a complete operations setup from day one
- Established hedge funds and private equity firms replacing a legacy administrator that cannot keep pace with their technology requirements
- Real estate and credit funds with complex waterfall structures that require custom calculation logic
- Fund of funds and family offices needing consolidated reporting across multiple underlying vehicles
Ready to Learn More?
Contact us to discuss your fund's structure, current operations, and what a transition to OpEff's fund administration service would look like. We respond within one business day.