Division 03 · Fund Administration

Spero Fund Admin

A back-office your LPs trust — anchored on Juniper Square, run by senior fund accountants, accountable to the standard your firm publishes.

Schedule a Call → See what we do

No deck · Direct to a partner · 30 min

Who this is for

GPs who treat their LP relationship as a product.

  • Emerging managers raising Fund I–III who need institutional-grade administration from day one.
  • Established sponsors transitioning off legacy platforms or in-house spreadsheets.
  • Real estate, private equity, and credit funds standardizing on Juniper Square.
  • Co-invest vehicles, SPVs, and parallel structures requiring disciplined waterfall and reporting work.

What we do

A fund operating standard — front to back.

IR

Investor Relations

Quarterly letters, statement delivery, and LP support — operated under your brand on the platform LPs already trust.

CALLS

Capital Calls

Drafted, reviewed, and executed on schedule — with allocations, side-letter mechanics, and reconciliation built in.

DISTROS

Distributions

Waterfalls modeled, reviewed, and run — recallable capital, carry, and recyclable proceeds tracked at the position level.

K-1

K-1 Coordination

Managed liaison with your tax preparer through filing — clean schedules, on time, with auditable supporting work.

How we work

From wire instructions to LP statement — under one accountable team.

01

Discovery

Diagnostic across documents, vehicles, and current admin state. We map every fund, SPV, and side letter before we touch the books.

02

Onboarding

Migration to Juniper Square, opening balance reconciliation, and LP onboarding — sequenced to a clean cutover.

03

Embedded

Senior fund accountants own the cadence — calls, NAVs, reporting, and audit support — with embedded CFO oversight at the firm level.

Why Spero Fund Admin

Three commitments LPs notice within a quarter.

i.

Senior accountants, not a queue

Your fund accountant has a name, a phone number, and the authority to make decisions for your LPs.

ii.

Juniper Square, used well

We use the platform LPs prefer — and operate it to a standard your back-office team would set internally.

iii.

CFO oversight at the firm level

Embedded CFO review on controls, allocations, and disclosures — so your LP communications are right the first time.

What LPs receive

The artifacts your investors expect — produced on a calendar.

Every Fund Admin engagement publishes a defined set of investor-facing deliverables on Juniper Square — versioned, audit-ready, and reviewed by senior staff before release.

  • Per Event Capital call noticesDrafted, reviewed, and issued through Juniper Square with audit trail. PDF · LP-PORTAL
  • Per Event Distribution noticesCalculation, waterfall application, wire instructions, and tax characterization. PDF · LP-PORTAL
  • Quarterly Capital account statementsPosition, contributions, distributions, allocations, NAV. PDF · 2 pp / LP
  • Quarterly Investor letterPerformance, deployment, marks, and forward look — drafted with the GP. PDF · 6–10 pp
  • Annual K-1 coordinationWorked with fund counsel and tax preparers, distributed on schedule. DATA ROOM

An LP-grade back office.

SALES @ SPEROCFO.COM · DIRECT TO THE FUND ADMIN TEAM

For Emerging GPs

I'm launching a fund.

First or second close — need an institutional back-office setup before you take a wire.

Discuss launch → For Established Managers

I'm considering a switch.

Existing fund, current admin under-delivering — looking for senior process and Juniper Square depth.

Confidential migration call →