With a closed-end interval fund or tender-offer fund, investment advisors can offer a retail vehicle with limited liquidity.
With a closed-end interval fund or tender-offer fund, investment advisors can offer a retail vehicle with limited liquidity.
We’ve been servicing interval funds and their complexities for more than 20 years. You will benefit from our team’s technical experience, our state-of-the-art systems and our commitment to outstanding client service.
We handle the behind-the-scenes functions, from fund accounting and administration, to transfer agency and tax reporting, so you can focus on growing assets.
For managers seeking a streamlined experience, we deliver a turnkey solution to support the launch and servicing of your registered closed-end interval or tender-offer fund.
Closed-end funds are unique investment vehicles. They can be complex to administer and manage. To deliver the specialized expertise you need, we offer a closed-end fund servicing platform: Registered Fund Solutions.
Registered Fund Solutions provides the full spectrum of professional services to launch and service a closed-end fund such as an interval or tender-offer fund.
Platform benefits
UMB Fund Services and its affiliates provide overall sponsorship, coordination and program management, fund accounting, administration, transfer agent, fund registration, Blue Sky, tax reporting, distribution and custody services*. Participating professional partners provide fund registration and legal counsel, CCO and compliance consulting services and audit services.
UMB Fund Services is the #1 TA for U.S. registered closed-end funds based on number of accounts serviced. Source: 2020 Mutual Fund Service Guide
Awarded 2019's Best Interval Fund Administrator in the Fund Intelligence Operations and Services Awards
UMB's proprietary system for unlisted closed-end funds won the 2018 FIS Impact Award for innovative use of technology to automate processing and serve clients.
As the landscape of the asset management industry has changed, so has the shape of the fund services industry that serves it. Perhaps the only true constant in asset servicing right now is this: ultimately, the work has to be done.
Growth in unlisted closed-end funds continues to accelerate even through unprecedented challenges the COVID-19 pandemic has created for the asset management space. Access the latest market update plus insight into regulatory changes, investment categories and asset managers influencing the category.
We offer strategic asset raising support to help you plan and execute a successful distribution strategy.
Explore fund distribution servicesUMB Bank’s institutional custody team focuses on structuring custody solutions that suit your unique needs.
Explore custody solutionsCustody services provided by UMB Bank, n.a.
Statutory distribution services provided by UMB Distribution Services, LLC.