This chapter provides an overview of the different third-party service providers utilized by alternative investment firms. The role of fund administrators in areas including accounting, shareholder services, and valuation support will be discussed. Next, we outline the role of third-party valuation consultants and the types of assurance services they provide. We then discuss the common duties of compliance consultants including assisting with personal trading program oversight and electronic communication monitoring. Finally, we discuss the role of legal counsel, auditors and other service providers that may be utilized.
The Role of Service Providers in Alternative Investment Operations