Fund Administration for Singapore VCCs, Built for Emerging Managers

Singapore's fund administration market is built for large, multi-strategy VCCs. If you're running one venture sub-fund under $50M, you're paying institutional minimums for a fraction of the complexity. Abax prices flat instead.

Built for One Kind of Fund

A good fit if you're

  • A first-time or emerging venture manager raising a sub-fund under $50M
  • Structuring under a Singapore VCC, whether as a standalone or umbrella sub-fund
  • Operating under MAS's venture capital fund manager exemption, or via a licensed host platform
  • Looking for a flat, published price instead of a custom bps-on-NAV quote

Better served elsewhere if you're

  • Running a large, multi-strategy VCC with many sub-funds and complex asset types
  • A PE, real estate, or hedge fund manager — Abax is venture-only, by design
  • Above roughly $50M in fund size

What Abax Handles vs. Your Local Compliance Team

A VCC has mandatory local roles — corporate secretary, auditor, and often a licensed fund manager. Abax runs alongside them as your fund's LP-facing back office; it isn't a replacement for statutory Singapore compliance work.

Abax does (fund economics & LP reporting)

  • Fund accounting and the books of record for your sub-fund
  • LP capital accounts, capital calls, and distributions
  • NAV calculation and performance metrics (TVPI, DPI, IRR)
  • Quarterly LP statements and a self-service investor portal
  • Audit-ready records for your auditor

Your corporate secretary / auditor does

  • Corporate secretary duties for the VCC
  • MAS filings and VCC regulatory compliance
  • SFRS-compliant statutory financial statements
  • The statutory audit itself
  • 13O/13U tax-incentive filings and GST treatment

Don't have a corporate secretary or fund management license path yet? We can point you to what to look for.

Go Deeper

Flat Fee vs. AUM Pricing

What Singapore fund admins typically charge, and what a flat fee costs instead.

What to Look For

A buyer's checklist for evaluating fund admins for a Singapore VCC sub-fund.

13O/13U Fund Admin Costs

Where fund admin sits in a 13O/13U fund's cost stack, and what it typically costs.

Corporate Secretary vs. Fund Admin

Clearing up who does what for a Singapore VCC.

Talk Through Your Sub-Fund Structure

Bring your VCC structure and current admin quote — we'll tell you plainly whether Abax is a fit.