Fund Management

To Scale, or Not to Scale?

By |2024-01-24T09:30:04-06:00January 23rd, 2024|Fund Management|0 Comments

In this turbulent market, fund managers are asking themselves whether to double down or buckle down. Manageable growth and increased market share are typically the goals of every new and existing fund manager. But in the current market, whether to grow and expand a company’s footprint and assets under management or to hunker down and [...]

By |2024-01-24T09:30:04-06:00January 23rd, 2024|Fund Management|0 Comments

How Will Investors Enter and Exit Your Debt Fund?

By |2025-03-24T08:44:12-05:00July 12th, 2023|Fund Management, Operations|0 Comments

Answering this question is a critical first step in successfully launching your debt fund. When launching a debt fund, you must understand when and how investors will enter and exit the fund. In addition to being one of the key mechanics behind the operations of your fund, it will be one of the questions investors [...]

By |2025-03-24T08:44:12-05:00July 12th, 2023|Fund Management, Operations|0 Comments

Fund Management Journey Phase 2: Operations Technology, White Labeling, and Attorneys

By |2025-03-24T08:51:14-05:00June 28th, 2023|Fund Management, Operations|0 Comments

Second in a series detailing how one lender is navigating the daunting task of establishing a private money fund. In Phase I of our fund management journey, my fund partner Eric Saiki and I relied heavily on the American Association of Private Lenders (“AAPL”) as a resource. AAPL provided the tools and connections to help [...]

By |2025-03-24T08:51:14-05:00June 28th, 2023|Fund Management, Operations|0 Comments

Tax Obligations and Strategies for Funds Lending in Multiple States

By |2025-03-24T08:51:14-05:00May 17th, 2023|Fund Management, Operations|0 Comments

Filing, withholding, and composite regulations can change from year to year—and from state to state. Fund managers need to understand the tax impacts, withholding obligations, and filing requirements of conducting business or owning property in multiple states. A private lending fund is generally set up as a limited liability company (LLC) or limited partnership (LP), [...]

By |2025-03-24T08:51:14-05:00May 17th, 2023|Fund Management, Operations|0 Comments

Featured Member Discount: Fund Administration with High Divide Management

By |2025-03-24T08:51:15-05:00March 6th, 2023|Fund Management, News|0 Comments

High Divide Management is this month's featured member discount partner from the American Association of Private Lenders. High Divide provides high touch, boutique fund administration and accounting services to debt funds and specializes in private real estate lending. Today, High Divide has ~$2B in committed capital under administration, including funds of all sizes and stages. [...]

By |2025-03-24T08:51:15-05:00March 6th, 2023|Fund Management, News|0 Comments

Starting My Fund Management Journey: Research, Research, Research

By |2025-03-24T08:51:15-05:00February 7th, 2023|Fund Management, Operations|0 Comments

Here's how one lender is navigating the daunting task of establishing a private money fund. Last spring, I began meeting twice a week with a longtime friend and colleague, Eric Saiki, to pursue the establishment of a private mortgage fund. Saiki is a litigation attorney who represents businesses in a variety of matters. There is [...]

By |2025-03-24T08:51:15-05:00February 7th, 2023|Fund Management, Operations|0 Comments

Member Spotlight | Kevin Kim

By |2025-03-24T08:51:24-05:00February 1st, 2023|Fund Management, Member Spotlight|0 Comments

Our February Member Spotlight shines on Kevin Kim, Partner at Geraci LLP. If you think Kevin Kim looks familiar, he probably is... because he is everywhere! You may know him from various AAPL webinars that he hosts, or it could be from his podcast, "Lender Lounge with Kevin Kim", or maybe you've worked with the [...]

By |2025-03-24T08:51:24-05:00February 1st, 2023|Fund Management, Member Spotlight|0 Comments

Does your Debt Fund Qualify as an “Investment Company”?

By |2025-03-24T08:51:16-05:00December 21st, 2022|Compliance, Fund Management|0 Comments

Assessing whether your fund is an investment company is just the beginning of the journey to ensure complete and accurate financial reporting for your fund. A key, but often overlooked component of running a direct lending fund is fully understanding what your investors and relevant regulatory bodies expect and require in terms of financial [...]

By |2025-03-24T08:51:16-05:00December 21st, 2022|Compliance, Fund Management|0 Comments

Hot Tax and Accounting Trends in Debt Fund Structures

By |2025-03-24T08:51:16-05:00December 7th, 2022|Compliance, Fund Management|0 Comments

Staying on top of REIT and CECL trends is a good “defensive” move. Earlier this year, we said goodbye to Bill Russell, the biggest winner in the history of basketball. Russell was never the flashiest player, but by relying on strong fundamentals and a disciplined defense, he consistently won two high school state championships, two [...]

By |2025-03-24T08:51:16-05:00December 7th, 2022|Compliance, Fund Management|0 Comments

Understanding Your Ethical Responsibilities to Investors and Partners

By |2025-03-24T08:51:24-05:00October 26th, 2022|Ethics, Fund Management, Honesty|0 Comments

Transparency is key when an adverse event occurs. The worst has happened. You have had a significant adverse event that may affect your company’s financials and threatens the very existence of your company. If you are a fund manager, what do you tell your investors? How much do you tell your investors? What steps do [...]

By |2025-03-24T08:51:24-05:00October 26th, 2022|Ethics, Fund Management, Honesty|0 Comments

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