fund administrationApril 7, 2026
What Emerging Managers Get Wrong About Compliance
The most common compliance mistakes emerging VC and PE managers make and how to avoid them before SEC exam findings.
FundCore TeamRead →
Blog
Insights & Perspectives
Expert thinking on fund administration, AI in operations, and the future of private equity infrastructure.
fund administrationApril 7, 2026
Capital Calls and Distribution Notices: Getting Them Right the First Time
How to issue capital calls and distribution notices correctly. Avoid LP disputes, wire failures, and compliance gaps.
FundCore TeamRead →
fund administrationApril 6, 2026
QSBS and Your Fund Structure: What Emerging GPs Need to Know
QSBS can shield up to $10M in gains from federal tax. What GPs need to know about fund structure and Section 1202.
FundCore TeamRead →
fund administrationApril 4, 2026
Why Your Investor Portal Matters More Than You Think
Most emerging managers treat the investor portal as a document storage afterthought. After 22 years in fund administration, we can tell you that your LPs are forming opinions about your next fund every time they log in — or fail to.
FundCore TeamRead →
fund administrationApril 3, 2026
The Real Cost of Running Fund Operations on Spreadsheets
Spreadsheets cost emerging managers more than they realize. See the hidden operational, compliance, and investor costs.
FundCore TeamRead →
fund administrationApril 2, 2026
NAV Calculation Errors That Could Cost You Your Next Fundraise
NAV errors do more than create restatements. They kill LP trust. How emerging managers avoid the most common mistakes.
FundCore TeamRead →
fund administrationApril 1, 2026
Should a First-Time GP Hire a Fund Administrator or DIY?
First-time GPs face a critical choice: hire a fund administrator or DIY. What 22 years of fund ops experience says.
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fund administrationMarch 31, 2026
The Future of Fund Administration Technology
Fund admin technology is shifting from disconnected legacy tools to AI-native platforms. What emerging managers need to know.
FundCore TeamRead →
fund administrationMarch 28, 2026
What Happens During Quarter-End at a Fund Administrator
Quarter-end is the most painful operational period for emerging VC and PE managers. Here is exactly where 15 to 20 days go and why it should take 3 to 5.
FundCore TeamRead →
fund administrationMarch 24, 2026
What LPs Actually Look at When They Evaluate Your Back Office
LPs review your back office before they write a check. Here is what they look at during fund admin due diligence.
FundCore TeamRead →
fund administrationMarch 17, 2026
How to Switch Fund Administrators Without Losing Your Mind
Switching fund administrators takes 60-90 days when done right. Here is the exact process, common traps, and what to verify.
FundCore TeamRead →
fund administrationMarch 12, 2026
Top Fund Administration Platforms for Emerging VC and PE Managers in 2026
An honest look at the fund administration options available to emerging VC and PE managers in 2026 — from legacy giants to AI-native platforms.
FundCore TeamRead →
fund administrationMarch 10, 2026
Managing a VC Fund as an Individual vs Under a Management Company
Should you manage your VC fund as an individual or through a management company? Here is what 22 years of fund admin experience says.
FundCore TeamRead →
fund administrationMarch 3, 2026
Carried Interest Calculation: The Math Your Admin Should Handle
Carried interest calculation is the most consequential math in private funds — and it is frequently done wrong.
FundCore TeamRead →
fund administrationFebruary 17, 2026
LP Reporting Best Practices That Institutional Allocators Expect
Institutional allocators evaluate fund managers on more than returns. The quality, cadence, and clarity of LP reporting signals operational maturity.
FundCore TeamRead →
fund administrationFebruary 10, 2026
The Back Office Setup Nobody Tells First-Time GPs About
Most first-time GPs spend six months perfecting their investment thesis and 48 hours on back office setup. After 22 years in fund administration, we can tell you exactly what that gap costs — and what a proper setup actually looks like.
FundCore TeamRead →
fund administrationFebruary 5, 2026
How to Choose a Fund Administrator in 2026
Most GPs pick a fund administrator based on price and a referral from counsel. That is how you end up with 20-day quarter-end closes and reports you cannot trust. Here is what to actually evaluate.
FundCore TeamRead →
complianceJanuary 27, 2026
What Is an Exempt Reporting Adviser and Do You Need One?
An exempt reporting adviser is a fund manager that avoids full SEC registration by meeting specific thresholds. Most emerging US VC and PE managers qualify — but the filing obligations trip up first-time GPs every year.
FundCore TeamRead →
complianceJanuary 20, 2026
SEC Compliance for Emerging Fund Managers: What You Cannot Ignore
SEC compliance is not optional and it is not simple. Emerging VC and PE managers face registration requirements, custody rules, and recordkeeping obligations that carry real enforcement consequences.
FundCore TeamRead →
fund administrationJanuary 15, 2026
What Is AI-Native Fund Administration?
AI-native fund administration replaces disconnected legacy tools with a single connected platform. Emerging VC and PE managers save $75K+ annually while cutting quarter-end close times by 75%.
FundCore TeamRead →
ai operationsJanuary 13, 2026
How AI Is Changing Fund Administration in Ways Nobody Expected
AI fund administration is delivering gains in places most managers never anticipated — not in the headline workflows, but in the quiet, error-prone tasks that consume the most time.
FundCore TeamRead →
industry analysisJanuary 13, 2026
Your Fund Administrator Is Not Fine. You Are Just Used to Broken.
Most emerging fund GPs describe their administrator relationship as fine. Reports arrive on time. Capital calls process without major errors. Investor questions get answered eventually. But fine is not a standard. Fine is what happens when broken processes run long enough to feel normal.
FundCore TeamRead →
AI & OperationsJanuary 6, 2026
The Capital Call That Never Happened: When AI Agents Catch What Humans Miss
A general partner was 72 hours from issuing a $23 million capital call based on faulty data. An AI agent caught the error at 11:47 PM on a Sunday night. This is what fund operations looks like when machines check the work humans thought was finished.
FundCore TeamRead →
fund administrationJanuary 6, 2026
A Guide to Side Letters and What Your Fund Admin Needs to Know
Side letters are a normal part of raising a fund, but they create real operational complexity for your administrator. This guide explains what fund admins need to track.
FundCore TeamRead →
technologyDecember 23, 2025
We Built 89 Features Nobody Asked For Before We Built the One Thing That Mattered
The FundCore platform launched with 89 features built from assumptions about what fund administrators need. Then we talked to actual GPs. Exactly one feature mattered more than all the others combined: the ability to close a quarter without drowning in reconciliation.
FundCore TeamRead →
fund operationsDecember 15, 2025
The NAV Calculation Bottleneck: Why Mid-Market Funds Are Three Years Behind
Most mid-market PE and VC funds managing $75-150M still calculate NAV manually each quarter. While enterprise funds deploy AI-driven automation, the middle market remains stuck in a technology gap that costs time, introduces errors, and limits scale.
FundCore TeamRead →
fund administrationDecember 15, 2025
K-1 Preparation for PE and VC Funds: What Actually Takes So Long
K-1 preparation for PE and VC funds typically takes three to six months after fiscal year-end. Here is an inside look at every layer of complexity that drives that timeline.
FundCore TeamRead →
technologyDecember 9, 2025
321 API Endpoints Later, We Know What Fund Admin Software Actually Needs
FundCore's platform includes 321 API endpoints covering investor accounting, portfolio tracking, capital events, distributions, compliance, and reporting. This endpoint count reflects the actual complexity of fund administration done right — not the simplified version that most software vendors build.
FundCore TeamRead →
fund administrationDecember 8, 2025
What Is an SPV and When Should a GP Use One?
A special purpose vehicle lets a GP pool capital from multiple LPs into a single investment without complicating the main fund.
FundCore TeamRead →
fund administrationDecember 1, 2025
Waterfall Distribution Calculations: A Practitioner's Guide
Waterfall distribution calculations determine how fund proceeds flow from portfolio exits to LPs and GPs. This guide breaks down American and European waterfalls, preferred return tiers, carried interest, and clawback provisions.
FundCore TeamRead →
fund administrationNovember 17, 2025
A Guide to VC Fund Accounting and Tax Reporting
VC fund accounting and tax reporting is more operationally demanding than most first-time GPs expect. This guide covers the full cycle from capital call accounting to K-1 delivery.
FundCore TeamRead →
fund administrationNovember 3, 2025
Capital Account Maintenance: What Every GP Should Know
Capital account maintenance is one of the most technically demanding responsibilities in fund administration, directly affecting LP trust and regulatory standing. This guide covers allocation methods, waterfall mechanics, and reconciliation protocols every GP needs to understand.
FundCore TeamRead →
fund administrationOctober 20, 2025
Understanding the Delaware LP Structure for Venture Capital Funds
The Delaware LP is the near-universal legal structure for US venture capital funds, offering flexible governance, pass-through taxation, and a predictable legal framework that institutional LPs expect.
FundCore TeamRead →
fund administrationOctober 8, 2025
What Does a Fund Administrator Actually Do?
Fund administration covers the back-office infrastructure that keeps a private fund legally compliant, financially accurate, and investor-ready. For emerging managers, understanding what a fund administrator actually does is essential before you close your first LP check.
FundCore TeamRead →