COMPANY HISTORY
Nottingham has been assisting investment advisers with establishing registered and non-registered investment companies since 1989. Headquartered in North Carolina, and currently one of the largest independently-owned unitized accounting providers in the United States, we administer at present $21 billion in assets. In our tenure, we have helped organize and administer over approximately 150 funds.
1989 – Realizing that many investment advisors were facing the same issues and needed a way to pool accounts together, Nottingham began offering positions within a series Massachusetts business trust.
1993 – Enhanced our fund accounting and shareholder services operations with information technology staff in order to provide improved reporting and web functionality to our clients. An innovator in the industry, Nottingham was one of the first administrators in the industry to offer Internet portal customization as a value-added service.
1996 - Became involved with our first offshore funds, organized as Cayman exempted companies.
1996 – Began using Delaware for most domestic organized funds, registered and non-registered
1997 - Began applying our unitized accounting expertise in an insurance company separate account environment, accounting now for approximately 30% of our assets under administration.
1998 - Leveraged our capabilities to pool investment assets for a large state utility agency.
1999 - Began providing customized accounting solutions for one of the largest state treasuries on the east coast, as well as the endowment pool for the nation’s largest state university system. Non-profit and state and local government investment pools now account for over 35% of Nottingham-administered assets.
2001 – Significant expansions to include in-house legal and tax/audit departments in order to better serve our clients and save them significant costs by assisting with the draft prospectuses, annual reports, initial prospectuses, and board meetings.