The FundBank advantage
Prospective clients and fund administrators often ask the question, “Why FundBank? Why should we choose you and what makes you different?” It’s a simple answer; this is all we do. Our sole focus is to serve funds, asset managers, and family offices. We don’t do this as an accommodation or ancillary to other services or business lines – your business is our business. FundBank has no exposure to lending or duration risk. Unlike retail and commercial banks that are leveraged by design, FundBank holds all client funds in trust. It does not engage in any lending, or leverage activities. This ensures client funds are secure and available, even during market volatility. With client assets held in trust and off balance sheet, invested in government money market funds and overnight treasury REPOs, clients can sleep at night knowing that their funds are safe.
* Non U.S. Dollar accounts are invested in similar high quality liquid assets denominated in the currency of the account
What we provide
We provide banking, custody, and trade execution to the asset management industry.
Who do we serve?
- hedge funds
- private equity funds
- venture capital funds
- real estate funds
- special purpose vehicles (SPVs)
- private fund management firms
- liquidators
- insurance and reinsurance structures
- family offices.
Streamlined account opening
Prospective clients will often ask how long it takes to open an account with FundBank. Once all required documentation has been received, an account can typically be opened within five business days. This is due to FundBank’s technology and onboarding portal as well as our team of relationship managers who provide our clients with unparalleled support throughout the account opening process.
Banking solutions for the global asset management industry
FundBank’s service offering is comprehensive. We provide institutional banking solutions for investment managers and their managed funds. From subscription and redemption accounts to custodial and escrow accounts, we serve a wide range of financial needs. FundBank has top-tier correspondent relationships with leading institutions, offering unparalleled expertise, seamless transactions, regulatory compliance, and innovative solutions.
Experience the FundBank advantage
If you would like to learn more about FundBank and how we provide our clients with a seamless banking experience, please reach out.