Introduction to Transfer Agents Services for Private Equity and Venture Capital Funds
A transfer agent is a third party that transfers securities from one investor to another but the role is often expanded to a variety of additional back-office activities for an investment fund.
A transfer agent is technically a third-party firm that handles the transfer of securities from one investor to another. Often, in the case of investment funds, the role is expanded to cover various other back-office activities. A transfer agent services provider’s obligations vary depending on a fund’s business needs and industry area (private equity, venture capital, hedge fund, etc.). A transfer agent is often involved only in the investor services side of back-office functions but in the more expanded role of some transfer agents duties may include fund accounting, financial reporting, sales team support and other needs of the fund sponsor.