Comprehensive back- and middle-office support for emerging fund managers
About us
East River Advisors offers a range of outsourced solutions to manage non-investment functions for emerging managers in the alternative investments space. As your fund's outsourced COO we offer comprehensive back- and middle-office support. At East River Advisors we believe that by achieving operational alpha, we enable your focus to remain on your core competencies: portfolio management and capital raising. We work to establish a robust operational framework which allows you to keep headcount modest until you have crossed your target AUM threshold, at which point we can assist in hiring and transitioning to your in-house team. Daniela Goldinger
Founder
Prior to founding East River Advisors, Ms. Goldinger was head of trade operations at Kerrisdale Capital Management, a global long/short equity fund known for their research activism. While at Kerrisdale, she spearheaded talent acquisition for the firm, with additional responsibilities within operations and compliance. Previously, Ms. Goldinger was the senior research analyst at Meridian Capital Partners, a fund of hedge funds which managed $3.5 bn at its peak, where she focused on hedged equity manager diligence and selection. Ms. Goldinger began her career as a business analyst for financial services companies at FischerJordan, a management strategy consulting firm. Ms. Goldinger holds a Bachelor of Arts in Economics (cum laude) from New York University.
Our Services
Our outsourced COO will provide support tailored to the specific needs of your fund, but we invite you to review some of our general services.
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-Assist with relationship management of current and prospective investors
-Utilize CRM software to build out a process for logging meetings, scheduling follow-ups, and closing investors over a multi-year duration from initial meeting through regular follow-ups until prospect invests
-Marketing materials review, including marketing presentation, monthly tear-sheet and due diligence questionnaire
-Investor due diligence support
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-Determine and process fund-level expenses, including vendor invoice and expense report review
-Oversee bookkeeping for investment manager utilizing QuickBooks
-Assist with broker onboarding, administer soft dollar commission sharing agreements
-Selection, oversight, and relationship management of legal, audit, administrator and prime brokerage relationships
-Audit management and coordination
-Review and approve Net Asset Values
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-Liaise with legal counsel to draft and file state and federal Form D notice filings, as well as Blue Sky filings, as required; maintain additional regulatory filing requirements following registration with the SEC
-Onboard new limited partners, collect KYC documentation to ensure adherence to AML requirements, and track PPM distributions
-Maintain books and records, and update compliance logs
-Administer compliance program
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-Trade operations: manage your order management system via trade capture, and security master maintenance, trade allocations, reconciliations
-Talent acquisition: software selection, creation and management of job postings, phone screens
