Case Studies

Case Study 1 - Fund Administrator Migration

Case Study 1 – Fund Administrator Migration

(Delivered by Felhurst founder in a previous in-house role).

Client Profile

A UK-based emerging venture debt fund manager.

Objective

To manage a full-service migration from a legacy fund administrator to a modern provider offering enhanced reporting, tech stack scalability, and investor servicing.

Challenges

⦁  Complex fund structures with bespoke LP terms.
⦁  Legacy data quality and mapping inconsistencies.
⦁  Time-sensitive transition ahead of fundraising deadline.
⦁  Need to maintain investor confidence throughout.

Felhurst Advisory’s Approach

⦁  Conducted a comprehensive due diligence review of administrator options.
⦁  Led the RFP and negotiation process with providers.
⦁  Built and managed a detailed migration plan with all stakeholders.
⦁  Designed and implemented a parallel testing process to validate data integrity.
⦁  Acted as point of contact for investors to ensure continuity of communication.

Outcome

⦁  Successful migration completed within 12 weeks.
⦁  Improved LP user experience for onboarding and ongoing AML/KYC requirements.
⦁  Established scalable processes for future fund launches.
Case Study 2 - Fund Reporting System Implementation

Case Study 2 – Fund Reporting System Implementation

(Delivered by Felhurst founder in a previous in-house role).

Client Profile

A well-established European private equity firm with over €5 billion in AUM.

Objective

To select and implement a comprehensive fund reporting solution that could centralise data across entities, streamline quarterly reporting, and enhance transparency for senior management and LPs.

Challenges

⦁ Disparate data sources and heavily manual reporting processes.
⦁  Increasing reporting demands from LPs and internal stakeholders.
⦁  Need for a scalable, centralised system to support future fund launches.
⦁  Requirement to demonstrate clear ROI to senior leadership.

Felhurst Advisory’s Approach

⦁  Defined a clear set of system requirements across finance, IR, and portfolio teams.
⦁  Managed the vendor selection and procurement process.
⦁  Led end-to-end implementation including configuration, user testing, and data migration.
⦁  Developed bespoke reporting templates and analytics dashboards.
⦁  Presented project outcomes and efficiency gains to senior management, securing full buy-in.

Outcome

⦁  System implemented on time and within budget.
⦁  Centralised single source of truth data repository – improved accuracy and decision-making.
⦁  Received strong internal endorsement and positioned the firm for scalable growth.

Case Study 1 - Fund Administrator Migration

(Delivered by Felhurst founder in a previous in-house role).

Client Profile

A UK-based emerging venture debt fund manager.

Objective

To manage a full-service migration from a legacy fund administrator to a modern provider offering enhanced reporting, tech stack scalability, and investor servicing.

Challenges

⦁  Complex fund structures with bespoke LP terms.

⦁  Legacy data quality and mapping inconsistencies.

⦁  Time-sensitive transition ahead of fundraising deadline.

⦁  Need to maintain investor confidence throughout.

Felhurst Advisory’s Approach

⦁  Conducted a comprehensive due diligence review of administrator options.

⦁  Led the RFP and negotiation process with providers.

⦁  Built and managed a detailed migration plan with all stakeholders.

⦁  Designed and implemented a parallel testing process to validate data integrity.

⦁  Acted as point of contact for investors to ensure continuity of communication.

Outcome

⦁  Successful migration completed within 12 weeks.

⦁  Improved LP user experience for onboarding and ongoing AML/KYC requirements.

⦁  Established scalable processes for future fund launches.

Case Study 2 - Fund Reporting System Implementation

(Delivered by Felhurst founder in a previous in-house role).

Client Profile

A well-established European private equity firm with over €5 billion in AUM.

Objective

To select and implement a comprehensive fund reporting solution that could centralise data across entities, streamline quarterly reporting, and enhance transparency for senior management and LPs.

Challenges

⦁ Disparate data sources and heavily manual reporting processes.

⦁  Increasing reporting demands from LPs and internal stakeholders.

⦁  Need for a scalable, centralised system to support future fund launches.

⦁  Requirement to demonstrate clear ROI to senior leadership.

Felhurst Advisory’s Approach

⦁  Defined a clear set of system requirements across finance, IR, and portfolio teams.

⦁  Managed the vendor selection and procurement process.

⦁  Led end-to-end implementation including configuration, user testing, and data migration.

⦁  Developed bespoke reporting templates and analytics dashboards.

⦁  Presented project outcomes and efficiency gains to senior management, securing full buy-in.

Outcome

⦁  System implemented on time and within budget.

⦁  Centralised single source of truth data repository – improved accuracy and decision-making.

⦁  Received strong internal endorsement and positioned the firm for scalable growth.

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Felhurst Advisory is a trading name of The Silver Grange Ltd, a company registered in England and Wales (No. 13884458).