Switching Fund Administrators, Without the Disruption

Most GPs assume switching admins mid-fund is too risky to attempt. It isn't — if the migration reconciles before anything goes live. Here's exactly how it works.

Why Emerging Managers Switch

Fees that climb with every markup, weeks of turnaround from a rotating account team, PDF statements instead of a portal, or an admin built for $500M funds treating a

5M vehicle as an afterthought. If one of those sounds familiar, the switch itself is usually less risky than GPs expect.

Read the full guide on when and how to migrate

Switching to Abax, Specifically

The general mechanics of switching are covered in the guide above. Here's what it looks like when the destination is Abax.

1

We pull your fund history

LP registry, capital account balances, prior capital calls and distributions, and historical NAVs — sourced from your current admin's reports, spreadsheets, or data export, whatever you have.

2

We reconcile before anything goes live

Every LP's capital account is tied out against your last statement before your funds go live on Abax. If numbers don't match, we flag it and resolve it with you — nothing ships until it reconciles.

3

You pick the cutover date

Most funds switch between a quarter-end and the next capital call, so LPs never see a gap in reporting. We work around your calendar, not the other way around.

4

Your next LP statement comes from Abax

Once the migration reconciles, your quarterly statements, capital calls, and portal access all run on Abax going forward. No re-entry, no restated history.

Common Questions

Will my LPs notice anything?

They'll get a new portal login and (if you choose) a note from you about the switch. Their capital account history carries over — balances, contributions, and distributions read the same before and after.

What if my current admin is slow to hand over data?

We've built this migration around the fact that most incumbent admins aren't fast responders. We work from whatever exports, PDFs, or spreadsheets you can get — a full data export isn't a prerequisite to start.

Is there a bad time in the fund lifecycle to switch?

Mid-capital-call or mid-distribution is the one time we'd suggest waiting a few weeks. Otherwise — pre-close, between quarters, between funds — there's no wrong time.

Does switching cost extra?

No. Migration is part of onboarding at the standard flat $5,000/fund/year — it isn't a separate line item.

Thinking About Switching?

Tell us where your fund data lives today. We'll tell you what the migration and cutover would look like before you commit to anything.