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Top Fund Administrators for private funds

Ranked by the number of private funds that name each firm as a fund administrator in SEC Form ADV filings.
#Fund AdministratorFunds servedAdvisers
1SS&C4,618784
2Citco3,228335
3Gen II Fund Services2,830212
4SEI Global Services1,987112
5State Street1,942190
6Standish Management1,826191
7NAV Consulting1,444353
8U.S. Bank1,330172
9BNY Mellon1,239169
10Northern Trust1,086185
11Morgan Stanley763230
12Alter Domus69097
13Apex Group58287
14HedgeServ Cayman567120
15Carta Investor Services54654
Rankings refresh monthly from SEC Form ADV. Full client lists per provider are a member feature.