2026 Guide to Fund Migrations: How Venture Firms Decide to Migrate Admins and What to Expect | AngelList

Guide

The 2026 Guide to Fund Migrations

How Venture Firms Decide to Migrate Admins and What to Expect

This guide provides fund operators with a decision framework, service quality benchmarks, and practical evaluation criteria for assessing administrator changes, drawn from CFOs and experts who've managed these transitions.

Download guide

What's inside

Migration Decision Framework

Learn how to evaluate whether service quality issues justify the business case for migration.

Five Standards for Seamless Migration

Discover what defines excellence: zero LP disruption, complete accuracy, and proactive support.

The Migration Timeline: Four Phases

Understand the four phases from data assessment through go-live with validation checkpoints.

Administrator Evaluation Checklist

Get key questions to assess service quality, operational capabilities, and technology fit.

A glimpse into what CFOs are saying about migrations

Most funds I work with wait too long to evaluate their admin setup. They should have had clean quarterly financials from day one, but without it, they end up having to do cleanup work. If your current admin isn't getting clean and accurate reporting to LPs, you need to know before raising your next fund.

Dave Perretz

Signal Fund Services

I've supported multiple fund migrations - responsiveness from the fund admin really matters! Having a fund admin team that can support you with quick, tactical responses to questions & open items is crucial. With that, things can keep moving forward to the ultimate end goal of a smooth and accurate transition.

Doug Dyer

@TheFundCFO

I see this pattern repeatedly: firms tolerate subpar administration because they assume migration is too disruptive. Meanwhile, they're spending 15 hours per month compensating for their administrator's gaps... time that could be spent on fundraising or portfolio support.

Matt DiNardo

Satori CFO