Protege Fund Services
Protege Fund Services is a Singapore-based independent boutique fund administrator serving hedge funds, crypto funds, PE/VC, fund of funds, family offices, and asset managers across Asia with fund accounting, valuation, corporate secretarial, financial accounting, and risk management services.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Protege Fund Services does
Protege Fund Services is a Singapore-based, privately held independent fund administrator serving Asia-based fund managers, family offices, asset managers, and individual private clients. The firm operates across five integrated service pillars: Fund Services (fund accounting, investor relations, NAV calculation, corporate actions, FATCA/CRS reporting for hedge funds, crypto funds, private equity, venture capital, fund of funds, managed accounts, and family offices); Valuation Services (IVS- and IPEV-compliant business, instrument, startup, IP and purchase price allocation work); Corporate Secretarial Services (SPV and fund entity setup, ACRA lodgements, GST registration); Financial Accounting Services (IFRS and US GAAP compilations, monthly/quarterly accounting, corporate tax, GST, XBRL filing); and Risk Management Services (credit, market, liquidity reporting with a risk dashboard). Technology is limited to an investor/client reporting portal (portal.protegefs.com); no proprietary platform or AI/ML capabilities are disclosed.
The business model is subscription / annual recurring revenue. Fund administration is priced on a per-fund basis: non-complex funds from USD 16,000 per annum, complex funds (hedge, crypto, PE, VC) from USD 21,000, and fund of funds from USD 18,000. Ancillaries layer on top: valuation from USD 5,000, financial accounting from USD 500 per month, corporate secretarial from USD 1,000, corporate tax from USD 800, GST from USD 150 per quarter, XBRL from USD 400, and risk management quoted per fund. Risk-management fees vary by complexity and frequency.
Distribution is sales-led and referral-driven, with Business Development Manager coverage out of Singapore and Hong Kong, supplemented by LinkedIn presence, website content (MAS and Singapore Budget commentary), and selective industry events such as the HED Conference of Asia. The firm operates from a Singapore headquarters (161 Kallang Way), with a Malaysia office in Petaling Jaya and a regional Hong Kong office at Infinitus Plaza (Sheung Wan). Headcount sits in the 11–50 range. Leadership includes CEO Henry Young (CFA, CVA), COO Bryan Lim (ACCA, ISCA; previously at a tier-1 global fund administrator), Hong Kong MD Eric Chow (Chairman of The Association of Fund Administrators of Hong Kong and the Greater Bay Area), Compliance Director Karen Leong (ex-Binance Global MLRO, ex-J.P. Morgan AML), and Operations Director Chuah Chongjyn, with former Binance Global CCO Samuel Lim and Digital Asset Advisor Alvin Hui (CAMS) reinforcing the crypto compliance bench. The firm holds AICPA SOC 1 Type II certification.
Protege Fund Services firmographics
Firmographics- Name
- Protege Fund Services
- Legal name
- Protege Fund Services
- Website
- https://protegefs.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Protege Fund Services is a Singapore-based independent boutique fund administrator serving hedge funds, crypto funds, PE/VC, fund of funds, family offices, and asset managers across Asia with fund accounting, valuation, corporate secretarial, financial accounting, and risk management services.
- Ownership category
- akta.pro rank
Protege Fund Services industry classification
Industry- Product category
- Fund Administration Services
- NAICS
- Other Investment Pools and Funds (5259)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Fund Services & NAV Support (Fund Accounting Interfaces) (FSAFALAJ)
- akta.pro secondary industry
- Fund Governance Support (Board/Trustee, Minutes, Policies, Oversight) (FSAAAMAH)
Keywords
Where Protege Fund Services is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices3 records
Markets served
Protege Fund Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Fund Administration Services: Protege Fund Services generates revenue through annual fee-based fund administration services billed on a per-fund basis. Non-complex funds start from USD 16,000 per annum, complex funds from USD 21,000, and fund of funds from USD 18,000. Additional revenue streams include valuation services (from USD 5,000), financial accounting services (from USD 500 per month), corporate secretarial services (from USD 1,000), and risk management services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Non-Complex Fund Administration - Annual fee from USD 16,000 per annum |
| Subscription | Annual | Complex Fund Administration (Hedge Fund / Crypto / Private Equity / Venture Capital) - Annual fee from USD 21,000 per annum |
| Subscription | Annual | Fund of Funds Administration - Annual fee from USD 18,000 per annum |
| One time/ perpetual license | Pay-as-you-go | Financial Statement Compilation (Unaudited) - From USD 1,500 |
| Subscription | Monthly | Regular Financial Accounting Services (Monthly / Quarterly) - From USD 500 per month |
| One time/ perpetual license | Pay-as-you-go | Corporate Tax Submission - From USD 800 |
| Subscription | Pay-as-you-go | GST Computation & Submission - From USD 150 per quarter |
| One time/ perpetual license | Pay-as-you-go | XBRL Filing - From USD 400 |
| One time/ perpetual license | Pay-as-you-go | Independent Valuation Services - From USD 5,000 |
| Subscription | Annual | Risk Management Services - Fees quoted on a per-fund basis |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Protege Fund Services product offering
Product offeringCore offering
Protege Fund Services is a Singapore-based independent fund administrator providing customized fund administration, valuation, corporate secretarial, financial accounting, and risk management services. The company services hedge funds, crypto funds, private equity, venture capital, family offices, fund of funds, and managed accounts across Asia, with NAV calculations, investor relations, and FATCA/CRS reporting as core deliverables. Services are billed on annual subscription fees ranging from USD 16,000 to USD 21,000 per fund depending on complexity.
Product overview
Protege Fund Services is a Singapore-based independent fund administrator offering a unified suite of fund administration services across Asia. The core offering consists of five integrated service pillars: Fund Services (fund accounting, investor relations, fund advisory), Valuation Services (IVS-compliant business and instrument valuation), Corporate Secretarial Services, Financial Accounting Services (IFRS and US GAAP compliant), and Risk Management Services. The company services multiple fund types including hedge funds, crypto funds, private equity, venture capital, family offices, and fund of funds. A client portal provides investor statement delivery and reporting access. The company is headquartered in Singapore with operations in Malaysia and Hong Kong.
Differentiator
Problem solved
Functional benefit
Products and services
- Fund Services
Companies that use Protege Fund Services
Customer profileSegments7 records
Ideal customer profiles5 records
Protege Fund Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Protege Fund Services partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
Protege Fund Services competitors and assessment
Company assessmentDirect peers
- Alter Domus: Specialist fund administrator focused on alternative investment funds (private equity, real estate, debt, infrastructure) across Europe, the Americas and Asia. Directly comparable to Protege's PE/VC and complex fund administration offering.
- Maples Group: Hong Kong and Singapore-headquartered provider of fund administration, fiduciary and corporate services to investment funds. Strong geographic overlap with Protege and a similar full-service fund administration model.
- IQ-EQ: Global independent fund administrator serving alternative asset managers (hedge, PE, VC, real estate) with NAV, valuation, corporate secretarial and investor reporting. Highly comparable to Protege's core fund services across multiple jurisdictions and fund structures.
- Trident Trust: Independent provider of fund administration, corporate services and investor reporting with offices across Asia. Similar boutique-mid positioning and directly comparable service menu to Protege.
- SS&C GlobeOp: SS&C's fund administration arm providing NAV, investor servicing and middle-office for hedge funds and private funds globally. Comparable in services offered to alternative fund managers, including complex structures relevant to Protege.
- Citco Fund Services: One of the world's largest independent fund administrators, with strong hedge fund and private fund coverage and a Singapore/Hong Kong APAC footprint. Closest direct competitor for Protege's hedge fund and complex fund administration mandates.
Broad incumbents
- Apex Group: One of the largest global fund servicing platforms following multiple acquisitions (including Sanne, Citi's hedge fund admin business). A scaled incumbent that competes for the same fund administration mandates as Protege across APAC.
- TMF Group: Large global provider of fund administration, corporate secretarial, accounting and compliance services with deep APAC presence. Broader portfolio with significant scale advantage over boutique players like Protege.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Protege Fund Services social profiles
Digital presenceProtege Fund Services compliance and trust
Trust signalCompliance1 record
Protege Fund Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Protege Fund Services leadership team
Management profileNumber of profiles
Profiles11 records
Protege Fund Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Protege Fund Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Protege Fund Services
What does Protege Fund Services do?
Protege Fund Services is a Singapore-based independent fund administrator providing customized fund administration, valuation, corporate secretarial, financial accounting, and risk management services. The company services hedge funds, crypto funds, private equity, venture capital, family offices, fund of funds, and managed accounts across Asia, with NAV calculations, investor relations, and FATCA/CRS reporting as core deliverables. Services are billed on annual subscription fees ranging from USD 16,000 to USD 21,000 per fund depending on complexity.
Is Protege Fund Services a public or private company?
Protege Fund Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Protege Fund Services founded?
Protege Fund Services was founded in 2019. It employs 11 to 50 people.
Where is Protege Fund Services based?
Protege Fund Services is headquartered in Singapore, Singapore, in the Asia region.
How does Protege Fund Services make money?
One revenue line is on record: fund Administration Services.
Who are Protege Fund Services's main competitors?
Direct peers on record are Alter Domus, Maples Group, IQ-EQ, Trident Trust, SS&C GlobeOp and Citco Fund Services. Broad incumbents are Apex Group and TMF Group.
Does Protege Fund Services have an API?
No public API is recorded for Protege Fund Services.
What industry is Protege Fund Services in?
Protege Fund Services's product category is Fund Administration Services. Its primary akta.pro industry code is FSAFALAJ, Fund Services & NAV Support (Fund Accounting Interfaces), with a secondary code of FSAAAMAH, Fund Governance Support (Board/Trustee, Minutes, Policies, Oversight). Its NAICS code is 5259 and its SIC code is 6199.