Fund Administration

We Serve

Propel your investment strategy forwardwith precision, transparency, and expert financial oversight.

We operate as an integrated extension of your team, taking the weight of accounting and administrative tasks off your shoulders. Backed by the strength of a full-service CPA firm our fund administration team offers access to deeper financial expertise and broader resources than traditional standalone administrators or large institutions can provide.

Portfolio Company Tracking & Valuation Assistance

We assist in tracking underlying portfolio companies, updating valuations, and maintaining detailed investment histories to support performance analytics and investor disclosures.

Capital Account Statement Preparation

Provides clear, accurate, and investor-ready reporting for partnerships, funds, and multi-member entities. We track and report each partner’s capital position by capturing all contributions, distributions, allocations, and changes throughout the year. Whether your fund operates under GAAP, tax basis, or IRC Section 704(b) standards, we ensure compliance while delivering statements that are easy for investors to understand.

Compliance & Regulatory Filings (as applicable)

We assist with necessary regulatory filings and compliance documentation, ensuring your fund remains in good standing and avoids regulatory pitfalls.By customizing your chart of accounts, we help improve the accuracy of financial reporting, streamline data entry, and ensure compliance with industry standards.

Investor Reporting & Portal Support

We help prepare investor notices, capital account summaries, and performance updates, and can coordinate with third-party portals to distribute documents securely and professionally.

Audit & Tax Support Coordination

Rune CPA acts as your liaison with auditors and tax professionals, organizing schedules, providing support documentation, and responding to inquiries to streamline annual compliance.

Fund Performance Reporting (IRR, MOIC, etc.)

We deliver clear, investor-ready metrics like Internal Rate of Return (IRR) and Multiple on Invested Capital (MOIC), helping you demonstrate fund performance with confidence and consistency.

Carried Interest Tracking & Reporting

Our team monitors and reports on carried interest allocations, helping fund managers understand current entitlements and potential upside distributions.

Communication Support for Investor Queries

Our team supports investor relations by fielding financial and operational inquiries, ensuring timely, professional, and accurate communication.

Management Fee & Expense Calculations

We calculate and track management fees, fund expenses, and allocations to ensure compliance with your fund’s operating agreement and transparency with investors.

WHY HIRE US

We bring the expertise and internal controls needed to support your growth and success.

How Can My Business Benefit from Rune?

Expert Financial Strategy: Unlock the full potential of your fund with driven strategies designed for sustainable growth and smart decision-making.
Precise, Effortless Bookkeeping: Trust our meticulous bookkeeping to manage transactions, capital calls, distributions, and investor data with clarity and accuracy, ensuring smooth operations.
Investor-Centric Reporting & Fundraising Support: Strengthen investor relationships with tailored, transparent reports that enhance trust and streamline your capital-raising process.
Flexible, Scalable Solutions: Our services grow with your fund, seamlessly adapting to increasing complexity as you scale and diversify your investment portfolio.
Risk Mitigation & Regulatory Compliance: Stay ahead of potential financial risks with proactive strategies and ensure your fund remains compliant with tax laws and industry regulations.

How it Works

Due Diligence

We conduct a thorough assessment for each client request to ensure alignment with your values, goals, and capacity.

Onboarding Process

Our onboarding process ensures a seamless start by assessing your needs, aligning on goals, and establishing clear communication for a strong partnership foundation.

Assessment

We evaluate several factors when determining pricing for fund services, including the complexity of your fund's operations, the volume of transactions, the level of service required, and your specific investment goals. By considering these elements, we develop a tailored pricing structure that provides the right level of support at a cost aligned with your fund’s needs. Whether you are managing a new fund or an established portfolio, our approach ensures that you receive maximum value for your investment.