Skip to Primary Navigation

OPINION: Closing the friction gap – the new rules of fund administration in the retail era

New York skyline
Photo: Getty Images

Andrew Dipkin argues the “retailization” of private markets is transforming fund administration from a back-office function into critical infrastructure.

As institutional allocations hit their natural ceilings, GPs (general partners) have pivoted toward the estimated $100 trillion held in individual wealth globally.

However, as we move into this “retail era,” a dangerous rift has emerged. It is the gap between the sophisticated, high-friction reality of private assets and the “on-demand,” frictionless

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience