Manage interval funds with coordinated support across fund accounting and administration, transfer agency, and compliance.
Interval and Tender Offer Funds
Interval and tender offer fund administration
Comprehensive support for interval and tender offer funds
Interval and tender offer funds provide traditional and alternative managers with a flexible wrapper for delivering distinct investment solutions. Ultimus supports you from initial fund design through ongoing administration, aligning your operating model with investor expectations and long-term strategic objectives.
Our service offering unifies fund-level and shareholder data, supporting accurate NAV calculations, audit readiness, and clear communications. With deep experience in registered closed-end fund structures, we streamline capital activity, reporting, and compliance workflows so you can scale efficiently and focus on portfolio management.
Draw on extensive experience in retail alternatives
Design and structure interval and tender offer funds
Align your fund structure, liquidity terms, and regulatory requirements from the start. We’ll help you evaluate options, prepare for registration, and establish a scalable operating foundation that supports long-term scalability.
Execute capital activity with integrated recordkeeping
Run capital calls and repurchases/tenders with accuracy and control. With Ultimus, you reduce operational risk and improve efficiency through integrated capital activity and transfer workflows.
Simplify financial and regulatory reporting
Access comprehensive support for SEC filings such as N-CSR, N-PORT, and N-CEN. Streamlined financial and regulatory reporting processes help you maintain compliance and meet ongoing regulatory requirements with confidence.
Scale operations with coordinated support and infrastructure
As your fund expands, operational complexity often follows. We help you streamline workflows, centralize operations, and maintain visibility with integrated systems and coordinated support.
Services and solutions
Fund accounting
Cash forecasting, accrual processing, and NAV reporting aligned to alternative fund structures.
Fund administration
Preparation of annual and semi-annual financial statements, coordination of SEC filings such as N-CSR, N-PORT, and N-CEN, audit coordination, expense oversight, and treasury services.
Transfer agent and investor servicing
Integrated investor recordkeeping, transaction processing, and communications supporting capital calls, repurchase offers, and ongoing servicing.
Compliance, legal, and governance support
Structured compliance oversight, board reporting, legal coordination, and audit readiness aligned to evolving regulatory requirements.
Tax reporting and compliance
Post-trade compliance monitoring for SEC, prospectus, Statement of Additional Information (SAI), and IRS code requirements; fiscal year-end (FYE) and excise tax provision support; preparation of disclosures for financial reporting; and review of tax returns prepared by an independent public accounting firm.
Statutory distribution
Technology-driven support for statutory distribution, including FINRA advertising review, order approval, AP agreement execution, registered representative oversight, and consultative guidance through the Ultimus Distribution Advantage (UDA) program.
Strategic solutions
Leverage Ultimus Gateway to launch and scale your fund
Ultimus Gateway delivers a turnkey launch path for interval and tender offer funds, combining trust governance and fund administration in one framework. Advisors gain a faster route to market and a coordinated operating model across board oversight, compliance, and day-to-day administration.
Benefits of partnering with Ultimus
Accelerate time to market
Launch interval and tender offer funds faster by leveraging comprehensive support services, an existing board, CCO, and a full set of industry leading partners.
Achieve cost efficiency with a shared service infrastructure
Reduce startup and ongoing operational expenses through a shared service model.
Operate with confidence in a regulated structure
Navigate complex regulatory requirements with integrated compliance, reporting, and governance support aligned to the Investment Company Act of 1940 (’40 Act) and RIC standards.
Leverage deep operational expertise
Access experienced teams with specialized knowledge across complex fund structures, providing consultative guidance from fund formation through ongoing operations.
Deliver a superior investor experience
Provide timely reporting, clear communications, and responsive servicing through an integrated, high-touch transfer agency model.
Frequently asked questions
What services are included in interval and tender offer fund administration?
Interval and tender offer fund administration typically includes transfer agency, fund accounting, fund administration, legal administration, tax, and compliance tailored to meet your needs.
Can Ultimus support complex liquidity and distribution structures?
Yes. Ultimus supports a range of repurchase, fee, and distribution models, providing transparent calculations.
How does Ultimus support intermittent liquidity events?
Our teams manage the full lifecycle of repurchase offers and capital calls, maintaining accurate records and supporting audit readiness.
Can interval and tender offer fund administration scale as portfolios expand?
Yes. Ultimus provides a flexible operating environment designed to adapt as your portfolio, strategies, and structures become more complex.
How does Ultimus support distribution for interval and tender offer funds?
Ultimus supports connectivity to intermediaries, platforms, and investor channels through Ultimus AltsLink, helping you meet requirements for distribution while maintaining consistent servicing and reporting across your network.