FD Fund Administration Opens Minneapolis Office

Leading fund administrator expands to Minnesota

(February 25, 2019) – FD Fund Administration (FD-FA), a leading provider of outsourced fund administration services, announced today the opening of a new office in Minneapolis, Minnesota.

The Minneapolis office supports the overall growth strategy of FD-FA, expanding the firm’s geographic footprint beyond existing offices in Philadelphia, New York, and Atlanta.

“FD Fund Administration supports leading private equity and real estate funds across the country,” said Tom DiEgidio, Partner with FD-FA.  “Our Minneapolis office is consistent with our expansion strategy and positions us well to better serve our clients in the Midwest.”

The Minneapolis office includes two new leadership team members for FD-FA.  Andy Huss and Jon Haidet both join FD-FA as Principals.  Mr. Huss and Mr. Haidet formed the Minneapolis office by bringing over a core team of middle and back office professionals from Wayzata Investment Partners.  Wayzata Investment Partners is a Minneapolis-based SEC-registered investment adviser to private funds which specialize in investments in debt of distressed companies, companies undergoing bankruptcy or reorganization, and special situations.  Each of the team members joining the FD-FA Minneapolis office have more than 10 years of experience in private equity.

“The team joining FD Fund Administration is well-versed in all aspects of fund accounting, operations, and compliance and we are excited to continue leveraging their knowledge and abilities through our relationship with FD-FA. This strategic opportunity allows the team to use the extensive experience gained through their long tenure at Wayzata to service other private equity firms in Minneapolis and beyond,” said Pat Halloran, Managing Partner and founder of Wayzata Investment Partners.

FD-FA is one of the only leading private equity and real estate fund administration providers associated with a leading CPA firm. FD-FA is a subsidiary of Frazier & Deeter, a nationally ranked CPA and advisory firm that serves clients across all industries.

 

About FD Fund Administration

FD Fund Administration (www.fd-fa.com) provides highly customizable fund administration services to meet the needs of complex real estate and private equity funds. FD-FA offers a robust suite of services including fund accounting, investment reporting, tax administration, valuation services, investor servicing, company reporting and portfolio analytics and other services. FD-FA is headquartered in Philadelphia, Pennsylvania.

About Frazier & Deeter

Frazier & Deeter is a nationally recognized CPA and advisory firm headquartered in Atlanta, Georgia. The firm provides a wide range of tax, audit, accounting and advisory services to help clients reach their unique financial goals. Frazier & Deeter’s professionals focus on investing in relationships to make a difference™.

Frazier & Deeter is an award-winning firm that has been named one of the Top Accounting Firms to Work For and one of the Fastest Growing CPA firms among the top 100 firms in the U.S. by Accounting Today magazine. Frazier & Deeter has also been repeatedly named a Best of the Best CPA firm by INSIDE Public Accounting and a Top Firm for Women by The MOVE project.