Fund Administration

Regulators in the UAE mandate the use of recognized third-party fund administrators to ensure independent NAV calculation and AML/KYC compliance.

The Role of the Administrator

In DIFC and ADGM, the administrator often acts as the first line of defense for the regulator regarding AML (Anti-Money Laundering) checks on incoming LPs.

• NAV Calculation: Independent valuation of assets, crucial for PE and Real Estate funds.
• Capital Calls & Distributions: Managing the flow of funds and maintaining the LP register.
• FATCA/CRS Reporting: Handling global tax reporting obligations.

Cost Considerations

Administrators typically charge a setup fee plus an annual basis point (bps) fee based on AUM, subject to a minimum floor. Use our Fund Admin Cost Calculator to estimate these fees.