Private Equity Fund Services

As RCP Advisors scaled rapidly in private equity – growing to $17bn AUM across fund of funds, secondaries, and co-investments – complexity didn’t just increase. Expectations did too.

In this conversation, Andrew Nelson, CFO of RCP Advisors, and Isabel Gomez Vidal, Chief Commercial Officer at Alter Domus, reflect on the inflection point where growth demanded a new operating model – and a partner who could think ahead, not just respond.

See how our scale and expertise support leading PE managers across the industry.

87%

of the largest private equity managers serviced

4,950+

PE, VC, and FOF funds under administration

$1.15tn

PE assets under administration

900+

Private equity clients

Alter Domus offers comprehensive private equity solutions designed to meet the needs of global PE investment firms and their portfolios.

PE firms today face rising complexity—from growing investor reporting demands to evolving regulatory requirements and talent shortages. Our private equity fund services are engineered to reduce operational burden, strengthen transparency, and improve scalability across your entire fund lifecycle.

By combining specialist expertise with modern technology platforms, we help you streamline operations, accelerate reporting, and minimize risk, so your teams can stay focused on sourcing deals, managing portfolios, and driving returns.

We can support every facet of your private equity back-office needs, across an array of PE  strategies. Here are just a few PE strategies we service and ways we can deliver those services. 

PE strategies served

  • Buyouts
  • Growth equity
  • Venture capital
  • Secondaries
  • Mandates
  • Co-investments

Fund administration services

  • Fund accounting and financial reporting 
  • Investment processes 
  • Investor KYC/AML  
  • Transfer agency
  • Cash management
  • Tax and regulatory support
  • Consolidation, IFRS, liquidation
  • ESG reporting solutions
  • 3rd party agency

Capital Administration Services

  • Waterfall administration and reporting
  • GP carried interested administration and reporting 
  • Capital forecasting

Service model design

  • Regulatory guidance
  • Bespoke operational know-how on defining and implementing:
    • Outsourcing models
    • Co-sourcing models
    • Managed service models

Choose the partnership model that complements your team without sacrificing control, visibility, or data ownership.

Under an outsourcing model, your firm can cede the day-to-day fund operational duties – such as financial statements and investor reporting – to Alter Domus teams and our own technology, while we report progress and updates to your key back-office contacts. 

Co-sourcing exists at the intersection of insourcing and outsourcing. Under the co-sourcing model, the administrator handles the day-to-day back- and middle-office operational activities while the fund manager retains ownership and control of their in-house technology and data solutions. 

We also work with asset managers to lift out their operational teams, making them our own employees. Although the staff would fall under our overhead as the administrator, they remain completely dedicated to the fund and its activities. 

technology colleagues analyzing data stairwell

Private Equity: 2026 Outlook

architecture buildings clouds

Challenges in private equity

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The next generation of investment vehicles

Elliott Brown

Elliott Brown

United States

Global Head, Private Equity