Day 1 to first close in 30 days.

A diversified vehicle (multiple deals, multiple share classes, side letters) typically takes 45-60 days to first close. We'll tell you on day 0.

That's what the 0.30% / 0.50% operator fee buys. Included on an ongoing basis:

Monthly and quarterly fund accounting · K-1 preparation · Form D and state notice filings · Ongoing investor reporting · Audit support and coordination · Tax preparation oversight · The Fundviews technology suite (investor portal, document management, ops intelligence) · Ad hoc consulting and support on operational and structuring questions as they come up.

No. Fundviews is the operations and administrative partner. The GP / RIA role stays with you. Legal work is handled by independent counsel (Riveles Wahab LLP is our default partner; clients may use counsel of their choosing). Fundviews Capital LLC is registered as an Exempt Reporting Adviser with the SEC. See /disclosures for our regulatory posture.

A fund administrator handles a specific, well-defined function: fund accounting, NAV calculations, capital activity, and investor recordkeeping. They're excellent at it. We coordinate the relationship with them; they're a sub-vendor, not someone you manage.

What a fund admin doesn't do is everything else a fund needs to run. Fundviews replaces what would otherwise be your internal operations team: coordinating across all service providers (admin, auditor, tax preparer, counsel, custodian, banking), managing cash flow between stakeholders and vendors, overseeing each provider's deliverables, running the back- and middle-office between LP requests and provider outputs, and being a single accountable point of contact for everything that isn't strictly investment management.

Most fund managers staff this work in-house, typically one to three operations people at an emerging firm and five to ten at scale. That's the role we replace.