Orova Fund Services is a boutique fund administration company delivering tailored back-office solutions for private equity and private debt funds — so managers can scale without the overhead.
Orova Fund Services (Pty) Ltd is a boutique fund administration company which provides tailored back-office solutions, specialising in private equity and private debt funds. With over 40 years of industry experience, we understand the pain points that fund managers face — lack of capacity and focus, compliance complexity, tight budgets, and the need for emerging managers to appear institutional from day one.
We offer a streamlined, cost-effective service that helps managers scale without investing heavily in non-core capabilities like fund administration, compliance and investor reporting. Our approach is personal, tech-enabled, and deeply rooted in a commitment to excellence.
Orova is a licensed financial services provider (FSP No. 54902) providing intermediary services.
South African asset managers are navigating a complex regulatory environment, including compliance with FSCA regulations, FATCA, CRS and POPIA. Staying abreast of these regulations is crucial for operational integrity.
There is an increase in black-owned or first-time fund managers, driven by transformation and increased access to capital.
Despite market growth, fund managers face declining profitability due to increased competition, which has led to a focus on cost reduction and operational efficiency.
Limited human resources for core and non-core functions.
Regulatory complexity, fragmentation and reporting pressures.
High admin costs and expensive service providers.
Time spent on admin and reporting instead of fundraising or dealmaking.
Orova bridges the gap between fund managers, their investor partners, and portfolio companies — delivering institutional-grade support at a fraction of the cost.
Fund structuring and legal support, investor acceptance and onboarding protocols, coordination of fund launch and documentation.
Investor queries and due diligence support, investor KYC and subscription documentation, data migrations.
Fund accounts and records, performance fee and carried interest calculations, monthly NAVs and capital accounts, IFRS-compliant annual reports.
Capital calls / distribution notices, investor reporting, manager and investor queries.
Key indicator tracking, financial analysis, impact reporting, IPEV and IFRS compliant valuations.
AML / FICA / FATCA / CRS / POPI compliance support and streamlined audit process.
General tax administration, FATCA / CRS compliance, withholding taxes.
Final distribution, audit assistance, investor communication.
