Panoptic Fund Administration

What Panoptic Fund Administration does

Panoptic Fund Administration, Inc. is a privately held, Los Angeles-based fund administration firm founded by industry veterans that provides outsourced back-office services to investment funds, family offices, and professional traders. Its core offerings center on Net Asset Value (NAV) calculation, fund accounting, balance sheet and income statement preparation, investor capital account statements, subscription and redemption processing, management and performance fee computation and disbursement, AML compliance monitoring, and audit coordination. The firm also extends into onshore and offshore fund services, broader fund management and operations support, accounting and consulting for management companies and advisers, and serves a customer base ranging from family offices to major international funds, administering approximately $4.5 billion in assets.

Panoptic's technology footprint is anchored by a proprietary web-based reporting portal at reports.panopticadmin.com, where fund managers and investors can access performance reports, financial statements, capital account data, and related records with export to Excel and PDF. Sample report sets include Performance by Security, Cash Ledger, and Income and Expense views. The firm is an AICPA SOC 1 audited administrator and received an unqualified opinion on its SOC 1 Type 2 report for the period ending December 31, 2025, providing the control attestation institutional clients typically require.

The business model is managed-services B2B, sold through direct proposal-based engagement to fund managers and investment advisers; pricing is custom-tailored, multi-year, and not publicly disclosed, with revenue likely structured as recurring asset-based or flat retainer fees. Distribution is entirely direct (phone, email, website contact) with no channel partners or resellers. The firm operates with a small team of approximately 1-10 employees, including Managing Director Jeff Lambert (37+ years experience, ex-CFO/COO of Strome Partners and ex-CFO of Kayne Anderson) and Director of Operations Georgia Goodman (30+ years, ex-Strome), collectively representing 125+ years of fund administration experience.

Name

Panoptic Fund Administration

Legal name

Panoptic Fund Administration, Inc.

Website

https://panopticadmin.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Panoptic Fund Administration is a Los Angeles-based fund administration firm providing NAV calculation, fund accounting, investor reporting, AML, and compliance services to fund managers, family offices, international funds, and professional traders, administering approximately $4.5 billion in assets under a SOC 1 Type 2 audited control environment.

Ownership category

akta.pro rank

Product category

Fund Administration Services

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Open-End Investment Funds (52591)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Fund Accounting & NAV Calculation (FSAAAMAB)

akta.pro secondary industries

Fund Services & NAV Support (Fund Accounting Interfaces) (FSAFALAJ), Fund Accounting & NAV Services (Asset Servicing) (FSAAAOAF)

Keywords

• Fund administration services
• NAV calculation
• Fund accounting
• Investor reporting
• Fund compliance

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Fund Administration Services: Comprehensive fund administration services including NAV calculations, fund accounting, investor reporting, compliance support, and audit coordination. Revenue generated through managed services contracts with fund managers, likely structured as recurring fees based on assets under administration or flat retainer fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Panoptic Fund Administration provides fund administration services for investment funds, including NAV calculation, fund accounting, balance sheet and financial statement preparation, investor capital account statements, subscription/redemption processing, management fee and performance allocation calculation and disbursement, AML compliance, and audit coordination. The firm administers approximately $4.5 billion across family offices, international funds, management companies, investment advisers, high net-worth individuals, and professional traders, supported by a proprietary web-based reporting portal.

Product overview

Panoptic Fund Administration is a fund administration firm offering a suite of integrated services centered around NAV calculation and reporting, fund accounting, and fund operations management. The core offering is the Fund Administration Services platform, which is supported by a proprietary Web-Based Statement and Reporting System accessible via client portal. The product portfolio includes specialized modules for Onshore Fund Services, Offshore Fund Services, Fund Management & Operations, Fund Compliance Services, and Accounting & Consulting Services. The company administers approximately $4.5 billion in assets under administration and targets fund managers, family offices, investment advisers, high net-worth individuals, and professional traders. The firm has approximately 125 years of combined experience among its principals and is an AICPA SOC 1 audited administration firm.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Administration Services Core fund administration services including NAV calculation, fund accounting, balance sheet preparation, investor statements, fee calculations, and regulatory compliance support for investment funds of all sizes.
• Web-Based Statement and Reporting System Proprietary client portal providing web-based statements and reporting for fund managers and investors, with sample reports including Performance by Security, Cash Ledger, Income and Expense, and investor statements available in PDF and Excel formats.
• Onshore Fund Services Fund administration services tailored for domestic (U.S.) fund structures, including compliance with U.S. regulations and preparation of required state and federal tax documentation.
• Offshore Fund Services Fund administration services for offshore fund structures, including investor statements and compliance support for non-U.S. regulatory requirements.
• Fund Compliance Services Compliance support including AML compliance monitoring, regulatory reporting, and assistance with annual audits and communications with regulatory agencies.
• Accounting and Consulting Services Accounting and consulting services available to management companies, investment advisers of funds, high net-worth individuals, family offices, and professional traders.

Quantifiable outcome

• Approximately $4.5 billion in assets under administration
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Emerging players

• Juniper Square: Juniper Square is a modern fund operations platform offering fund administration, investor reporting, and LP management software primarily for private equity and venture funds — an emerging technology-enabled competitor overlapping with Panoptic's fund administration scope but with a SaaS-first model.
• Carta: Carta provides fund administration, cap table management, and investor services for venture and private equity funds — an emerging fintech player entering traditional fund administration territory that competes for similar emerging manager and fund-of-funds clients as Panoptic.
• Allvue Systems: Allvue provides fund accounting, portfolio monitoring, and investor reporting software for alternative investment managers, including outsourced administration workflows — an emerging technology-enabled player competing for similar fund administration mandates with greater software scale.

Direct peers

• Circle Partners: Circle Partners is a fund administration and corporate services provider offering NAV, accounting, and compliance support to investment managers — a comparable mid-sized administrator targeting overlapping hedge fund and offshore fund clients.
• Opus Fund Services: Opus is a mid-market independent fund administrator specializing in hedge fund and private equity fund accounting, NAV, and investor services — a closely comparable boutique-to-mid-market competitor targeting the same emerging manager and family office segments as Panoptic.
• Standish Management Services: Standish is an independent fund administration firm offering NAV calculation, fund accounting, and investor servicing to hedge funds and pooled investment vehicles — a closely comparable boutique competitor serving similar emerging and mid-sized fund clients.
• NAV Consulting: NAV Consulting is an independent fund administration firm offering NAV calculation, fund accounting, and investor reporting to hedge funds and fund-of-funds — a direct boutique competitor with overlapping services and customer profile to Panoptic.
• DMS Fund Administration: DMS (now part of Waystone) provides fund administration, NAV calculation, and regulatory services to alternative investment funds — a comparable boutique-to-mid-market administrator serving the same hedge fund and alternative investment segments as Panoptic.

Broad incumbents

• Citco Fund Services: Citco is a global incumbent providing fund administration, NAV calculation, and investor reporting primarily to hedge funds and alternative asset managers, with deep international coverage — a benchmark large-scale competitor for Panoptic's middle-market and offshore fund clients.
• SS&C Technologies (GlobeOp): SS&C is one of the world's largest fund administrators via its GlobeOp franchise, offering NAV calculation, investor servicing, middle-office, and reporting across hedge funds, private equity, and institutional mandates — directly comparable to Panoptic's core NAV and fund accounting services at vastly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/panoptic-fund-administration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Panoptic Fund Administration