LEGAL AND REGULATORY COORDINATION
Fund administration means different things at different firms, in our experience. At Nottingham we view administration as “managing the process so that you can focus on your core strength of making investment decisions.” For 1940 Act mutual funds, administration is very heavy on regulatory compliance and filings. For private funds, not regulated, administration is more focused on overseeing the operations. Administration incorporates more than just our in-house legal team; it is a team effort involving the accounting team, financial reporting team and relationship managers.