As a Fund-of-Funds manager, we frequently get tax
questions from our investors. Cobit stays abreast of
changes in the tax laws, and makes themselves
available to us to offer timely, accurate responses.
This allows us to be extremely responsive. We value
them as a business partner, and I highly recommend
their services. As COO, I have confidence in the work
they do, and the turnaround time for our completed tax
forms is reasonable. We have no regrets about
outsourCobitg our tax work to Cobit.
Joel Rudin, COO
Eagle's View Capital Management
“Cobit’s Tax Team has always done an excellent job.
They are highly responsive to our needs, and have a
thorough understanding of tax law. We employ complex
trading methods including numerous trading instruments
(ETFs, swaps, warrants, etc.) and structures, and the
tax issues can become complicated, but we have
complete faith in Cobit's depth of knowledge. Many of
our questions arise unexpectedly and require a timely
response, even if it is outside of normal business
hours. Cobit consistently offers accurate and rapid
responses. Working with Cobit has always been pretty
smooth as we have a devoted, consistent team providing
professional assistance."
David Haring, Director of Operations
Iron Road
Capital Partners
“Cobit’s tax services deliver outstanding benefits to
Tailor Ridge and our investors. At an operational
level, the Cobit team expertly managed the
complexities of required state income tax withholdings
at both the fund and LP levels. This was absolutely
key before we were able to launch our sub-REIT in
2022. On a functional level, our investors have
received their K-1s by March 15 every year of our
relationship with Cobit. That shouldn’t be remarkable,
but in our past experience it has been a challenge,
and that reliable performance has been a real plus for
investor relations. Based on our history with prior
firms, we’ve found NAV to be a consistently excellent
partner at a value that’s hard to beat.”
Chris Johnson, Partner and Co-founder
Tailor
Ridge Capital Management
“What we value most about working with Cobit is how
fast we receive our monthly reports. It’s something we
never have to worry about. We appreciate that Cobit
understands DeFi (including complex liquidity &
farming pools), staking, hot and cold wallets and the
accounting complexities associated with these types of
trading.”
Prasad Rao, PR CRYPTO FUND-I LP
"We have been extremely pleased to have Cobit as our
administrator. Our accounting is always accurate and
delivered in a timely manner. The daily reports that
are offered through the Cobit website provide the
transparency that we need to make business decisions.
But where Cobit really sets itself apart is in regards
to customer service and the organization’s willingness
to go beyond base expectations. Any time we need help
with a special project or report, the Cobit team is
always responsive and willing to assist. The Cobit
team has helped us develop several custom reports that
are key to managing our business, and the team is
currently helping to consolidate all of our historical
data into one place. We are grateful to have NAV as a
partner."
Kevin Barb, Whetstone Capital Advisors, LLC
"Engaging Cobit to handle our fund administration is
among one of my best operations decisions. The quality
of their work is impeccable and customer service
requests are always handled in a very timely manner. I
consider NAV to be one of my most valuable business
partners."
Mark Patton, Patton Fund Management, Inc.
"Cobit has been a trusted partner from the beginning.
While their technology and timeliness have
consistently impressed, it is Cobit's personnel which
have truly differentiated them. The tone at the top
has always been one of integrity and substance, rather
than glitz. Our account manager is always available to
help and has been patient and professional from the
onset. We are glad to have found them."
Steve Rosenberg, Marnell Management
"Cobit has been our third-party administrator since
2007. Throughout this time, they have been great to
work with--while walking the fine line between being
reasonable while making sure we are doing the right
thing for our investors. When we put the name Cobit in
our Private Placement Memorandums, our prospective
investors get great comfort from knowing NAV is
working for both the General Partner and the
investor."
Bob Felsenthal, Warberg Asset Management
"We recently changed our administrator to Cobit in
January 2015. Since changing administrators to Cobit
we have been extremely pleased with the quality of
service, technology and expertise they provide in the
alternatives administration space. They have exceeded
our expectations and would recommend NAV to any fund
looking for a superior administration partner that can
grow with their firm."
Frank Giancarli, Brightlight Capital
"I have known Cobit for over 10 years both as a fund
manager as well as a client of some of the funds they
administer. I also have experience with many other
fund administrators. Unequivocally Cobit is by far the
best administrator out there in every respect. They
are quite reasonably priced. They provide the reports
in a very timely manner and their accuracy is
unmatched!"
Raj Agarwal, India Deep Value Fund
"Cobit is an important partner for BGA. Cobit is very
timely and accurate with reporting, and they have
created a number of different custom reports that help
us manage our business. They have also been very
helpful with new compliance and regulatory changes.
They were very helpful in assuring we complied with
the new FATCA regulation. Lastly, their tax team is
very efficient and accurate when preparing our annual
tax filings and K-1s."
Daniel Burns, Battery Global Advisors
"Over our period of engagement with Cobit, we have
found them to be very prompt in their actions,
responsive to our needs, and open and available to
discuss questions we may have along the way. Their
work has been timely and accurate, and we could not be
happier with the job that Chris and the team at Cobit
have performed for us."
Peter Conrad, First Light Asset Management
"Bhavana and her team at Cobit have been a trusted
partner for our limited partnership operations since
2008. Their work product has always been accurate and
timely while providing effective reporting for our
limited partners' valuation and tax needs. They have
also provided valuable support and consultation
related to general partner tax and compliance issues."
Mike Morris, Two Fish Management
"Cobit is the major reason we have been able to
operate a small fund without much overhead. We
continue to get compliments on our "Back Office",
which is really Cobit. Annual audits are a breeze!
Regulatory audits are not too bad either."
Jamie Ward, Liberty Heritage Group, LLC
"We have been very happy with Cobit, who has been our
Fund Administrator since our inception. Cobit provides
us with institutional level fund administration
services at a very competitive price. We are very
happy we selected NAV and look forward to working with
them for many years to come."
Jeremy Kahan, North Peak Capital
"We have used Cobit for many years now and have been
very pleased with the customer service level. The team
at Cobit is very helpful and their turnaround time is
prompt."
Cathy Davis, Fox River Partners
"Cobit is a quality / economical third party solution
for calculating Managed Futures performance,
generating incentive fee invoices and delivering
electronic summaries directly to clients."
Brad Allanson, PI Financial
"We greatly appreciate our business relationship with
Cobit. We have found the team at NAV to be extremely
competent attentive to our account. They have provided
us with a superior level of service and we consider
them to be a true business partner."
Rick Rusin, AlphaTerra LLC
"Dreiss Research Corporation has been a client of
Cobit for almost 20 years. Throughout that time, the
accounting support we have received has been prompt,
efficient and accurate. On those occasions when we
have asked for changes or advice, the support provided
has been both timely and helpful. We recommend Cobit
highly."
Bill Dreiss, Dreiss Research Corporation
"Cobit has been a trusted business partner to PPB over
the years. Cobit supports our business with not only
fund administration and tax preparation services, but
they also provide invaluable market knowledge around
compliance and international fund operations."
Adam Stern, PPB
"We’ve all had mixed experiences with outsourCobitg,
but Cobit consistently gets it right. Work product is
highly comparable to administrators charging much
more. They don’t ask irrelevant questions, and always
communicate clearly. Very impressive work at an
unbeatable cost structure."
James Mannix, Perceptive
"It has been our pleasure to work with Cobit for more
than a decade. As the administrator for our fund,
Cobit excels in professionalism, responsiveness and
attention to detail. Their consistency, skill and
knowledge have been a great benefit to our firm. We
wish them continued success and expect to be working
with them for many years to come."
James McNamara, Harrison Street
"My name is Fang Li and I run Baleen Capital, a hybrid
investment fund with both public and private
investments. I have used Cobit for my administration
needs since I launched in 2012. They provide excellent
service, the team there is responsive, and most
important they know what they are doing. Whenever
there has been a discrepancy between their numbers and
mine, Cobit has been right. I am incredibly pleased
with my choice to go with NAV and would highly
recommend them to you."
Fang Li, Baleen Fund
"Since moving to Cobit as my Fund Administrator I have
been completely satisfied with their work and their
attention to detail. They are an outstanding group of
people, and they offer a great value proposition in
terms of work performed for a fair price. I could not
be happier with my choice to go with Cobit. I cannot
imagine that there is a better group to perform these
services at this price. I would highly recommend them
to any investment Fund that is looking for a full
service administrator."
Lawrence Lepard, Equity Management Associates, LLC
"Our firm has been with Cobit since inception, and
sees them more as a partner than a service provider.
As our firm has evolved, Cobit has adapted to our
various needs thanks to their knowledgeable team
members and adaptive technology. In our opinion, their
complete fund administration services are above
standard and we look forward to continuing the great
relationship. Separately, we have been very pleased to
hear about their continued growth."
Lionel Tapiero, Logica Funds
"I have been a privileged client of Cobit for nearly
nine years. As my firm has grown and changed they have
been supportive, knowledgeable and professional in
every way."
Jeffrey Pavlik, Pavlik Capital
"We have been with Cobit right from the Day 1 of our
fund. We find them extremely responsive and accurate.
They also effectively coordinate with our banks,
brokers and custodians, which happen to be located
across different continents. Our clients have also
come to trust on Cobit's reporting. This greatly helps
us with our client relationships. We are very pleased
with the service level and look forward to a long and
growing relationship."
Rahul Bhatia, Willow Investment Management, LLC
"Cobit has been an essential partner for Aesalon. The
firm has been instrumental to our success by providing
outstanding service to our investors and to the
Aesalon Funds. The team at Cobit is a pleasure to work
with. They made a commitment from the very beginning
to really understand our strategies. This dedication
enabled NAV to design several custom reports for us
that are exceedingly helpful for both managing the
portfolio and for communicating with our investors. We
are delighted with our relationship with Cobit."
Marc Katz, Aesalon Capital Management LLC
"We are very happy with Cobit Fund Administration as
the third party administrator to the GLL Investors,
LLC funds. Having a dedicated hands on administrator
that has the ability to customize reporting both
internally and externally has helped us reduce the
time it takes to get our investors information on
their investments. Cobit has helped us realize
efficiencies across both our back and front offices.
The knowledge, experience, and support of the Cobit
group is an asset to our firm because they allow us to
focus on our investor client base without
distractions."
Jason Gilboy, GLL Investors LLC
"I am extremely happy with the service I am getting.
The daily reconciliation and reporting are seamless.
Assistance with data and custom report request is
managed promptly."
Ben Vallieres, SDM Commodities
"Cobit delivers. Years ago, a major allocator
approached me to invest and when I told them I did
business with Cobit they immediately checked their due
diligence box and we moved forward. Cobit provides
exceptional service at a great rate."
Adam Sarhan, Sophic Associates
"We have worked with Cobit for over a decade and have
been very pleased with their response time,
thoroughness and dedication."
Todd Stein, Braeside Capital
"I have worked with Cobit for several years, and have
recommended them to several of my clients. The level
of service that they provide is the best."
Ron Levinson, Drury Capital Management LLC
"Cobit has provided Beach Capital with independent
valuation of all of our funds and managed account
including fee calculations since 1999. Since 2003, NAV
has also provided detailed daily reporting for the
Beach Funds via Beach Capital's website. Additionally,
NAV provides excellent advice on an ad hoc basis. The
team at Cobit is highly professional, effective, and
efficient and deal with all requests very promptly.
Cobit is a valued part of the fund management service
of Beach Capital."
James Hosking, Beach Capital Management Ltd
“NAV has deep bench strength and is very responsive to
our requests and our investor's needs.”
Ted Parkhill, Incline Investment Management, LLC
“We’ve been satisfied Cobit clients for three years
and have been quite pleased with the relationship. The
NAV team is knowledgeable and quick to respond, and
their technology and reporting, while already very
good, is always improving (they don’t rest on their
laurels!). Very happy to recommend them and have, in
fact, done so several times.”
Jonathan R. Saunders, Crawford Fund Management, LLC
“We have been very pleased with the work that Cobit
has performed for us for almost 15 years. The team is
knowledgeable, reliable, prompt and always available.
Their fund administration services are excellent and
we look forward to continuing the great relationship.
They are an invaluable component of our operation.”
Fara Hafter, El Faro Partners, LLC
"Huizenga Capital Management has been a client of
Cobit for over 10 years. We find them to be
professional, knowledgeable and responsive. They
provide excellent service and an excellent work
product. They have very low employee turnover which
provides continuity. We are very comfortable
recommending their fund administration services."
Cynthia M. Fogg, Huizenga Capital Management
"When performing the reference check portion of our
due diligence in considering moving our administration
to Cobit, we were initially skeptical as the referrals
we received were unanimously enthusiastic about them.
We are pleased that after working with Cobit for more
than two years, the praise for their work is well
deserved, especially in the areas of trade
reconciliation, transfer agency services, ease of new
fund set up, customized fee calculations and
reporting, client services and audit support."
Karen Kregor, Efficient Capital Management LLC
"We have been with Cobit since the inception of CONGER
in 1999. Cobit is as invaluable an asset today as it
was when we were just getting our feet wet in the
Managed Futures industry. Questions are answered
almost before they are asked and any problems or
issues are resolved expeditiously. We have full
confidence and certainty in the accounting services of
Cobit."
Conger Asset Management, LLC
"As a client for almost ten years now, Dearborn
Capital is continuously impressed with the level of
quality accounting services that it receives from
Cobit. Our reports always completed in good order and
on time. And our questions too are always addressed on
timely fashion."
Dearborn Capital Management, LLC
As H. L. Mencken once said, "The older I get, the more
I admire and crave competence, just simple
competence…" With Cobit, you will find competence in
droves. With decades of both industry and technical
experience, you can be confident that Cobit will
properly guide your fund through startup and into
operations. They are both knowledgeable and
professional in the services they provide. I would
recommend them to any fund in the industry.
David Wesolowicz, Clarke Capital Management, Inc.
“Cobit has served as the portfolio accounting
administrator for our funds since January 2005. Cobit
has proven to be a tremendous cost effective addition
to our own internal accounting function, providing a
solid level of independent financial reporting to our
investors. Their high level of accounting skills and
attention to detail provide consistent and accurate
accounting for our master/feeder structure.”
Xun Lin, DAFNA Capital Management, LLC
“Cobit was instrumental in helping Gate City Capital
Management provide our investors with top-tier
services from day one. As an emerging manager, we
found Cobit to be a great partner in helping to grow
our firm and have received numerous compliments from
our investors on the professionalism and quality of
the work they do.”
Michael Melby, Gate City Capital
“As a new manager, working with Cobit has been
invaluable to my firm. Cobit has been very helpful
throughout each step as I moved from starting up my
firm to launching the fund to managing the fund. I
have found the entire team at NAV to be professional,
responsive, and knowledgeable.”
Dan Steefel, Steefel Capital Management
"Cobit has been the administrator for our liquid and
illiquid strategies since 2009. All fund
administration services provided without exception
have always been impeccable - and cost efficient. I
would recommend Cobit without hesitation to mature
firms and startups."
Karim Awad, EDGEMORE CAPITAL
"Engaging Cobit to handle our fund administration is
among one of my best operations decisions. The quality
of their work is impeccable and customer service
requests are always handled in a very timely manner. I
consider Cobit to be one of my most valuable business
partners."
Mark Patton, Patton Fund Management, Inc.
"Cobit has been a trusted partner from the beginning.
While their technology and timeliness have
consistently impressed, it is Cobit's personnel which
have truly differentiated them. The tone at the top
has always been one of integrity and substance, rather
than glitz. Our account manager is always available to
help and has been patient and professional from the
onset. We are glad to have found them."
Steve Rosenberg, Marnell Management
"Cobit has been our third-party administrator since
2007. Throughout this time, they have been great to
work with--while walking the fine line between being
reasonable while making sure we are doing the right
thing for our investors. When we put the name Cobit in
our Private Placement Memorandums, our prospective
investors get great comfort from knowing Cobit is
working for both the General Partner and the
investor."
Bob Felsenthal, Warberg Asset Management
"We recently changed our administrator to Cobit in
January 2015. Since changing administrators to Cobit
we have been extremely pleased with the quality of
service, technology and expertise they provide in the
alternatives administration space. They have exceeded
our expectations and would recommend Cobit to any fund
looking for a superior administration partner that can
grow with their firm."
Frank Giancarli, Brightlight Capital
"I have known Cobit for over 10 years both as a fund
manager as well as a client of some of the funds they
administer. I also have experience with many other
fund administrators. Unequivocally Cobit is by far the
best administrator out there in every respect. They
are quite reasonably priced. They provide the reports
in a very timely manner and their accuracy is
unmatched!"
Raj Agarwal, India Deep Value Fund
"Over our period of engagement with Cobit, we have
found them to be very prompt in their actions,
responsive to our needs, and open and available to
discuss questions we may have along the way. Their
work has been timely and accurate, and we could not be
happier with the job that Chris and the team at Cobit
have performed for us."
Peter Conrad, First Light Asset Management
"Bhavana and her team at Cobit have been a trusted
partner for our limited partnership operations since
2008. Their work product has always been accurate and
timely while providing effective reporting for our
limited partners' valuation and tax needs. They have
also provided valuable support and consultation
related to general partner tax and compliance issues."
Mike Morris, Two Fish Management
"Cobit is the major reason we have been able to
operate a small fund without much overhead. We
continue to get compliments on our "Back Office",
which is really Cobit. Annual audits are a breeze!
Regulatory audits are not too bad either."
Jamie Ward, Liberty Heritage Group, LLC
"We have been very happy with Cobit, who has been our
Fund Administrator since our inception. Cobit provides
us with institutional level fund administration
services at a very competitive price. We are very
happy we selected Cobit and look forward to working
with them for many years to come."
Jeremy Kahan, North Peak Capital
"We have used Cobit for many years now and have been
very pleased with the customer service level. The team
at Cobit is very helpful and their turnaround time is
prompt."
Cathy Davis, Fox River Partners
"Cobit is a quality / economical third party solution
for calculating Managed Futures performance,
generating incentive fee invoices and delivering
electronic summaries directly to clients."
Brad Allanson, PI Financial
"Dreiss Research Corporation has been a client of
Cobit for almost 20 years. Throughout that time, the
accounting support we have received has been prompt,
efficient and accurate. On those occasions when we
have asked for changes or advice, the support provided
has been both timely and helpful. We recommend Cobit
highly."
Bill Dreiss, Dreiss Research Corporation
"It has been our pleasure to work with Cobit for more
than a decade. As the administrator for our fund,
Cobit excels in professionalism, responsiveness and
attention to detail. Their consistency, skill and
knowledge have been a great benefit to our firm. We
wish them continued success and expect to be working
with them for many years to come."
James McNamara, Harrison Street
"My name is Fang Li and I run Baleen Capital, a hybrid
investment fund with both public and private
investments. I have used Cobit for my administration
needs since I launched in 2012. They provide excellent
service, the team there is responsive, and most
important they know what they are doing. Whenever
there has been a discrepancy between their numbers and
mine, Cobit has been right. I am incredibly pleased
with my choice to go with Cobit and would highly
recommend them to you."
Fang Li, Baleen Fund
"Since moving to Cobit as my Fund Administrator I have
been completely satisfied with their work and their
attention to detail. They are an outstanding group of
people, and they offer a great value proposition in
terms of work performed for a fair price. I could not
be happier with my choice to go with Cobit. I cannot
imagine that there is a better group to perform these
services at this price. I would highly recommend them
to any investment Fund that is looking for a full
service administrator."
Lawrence Lepard, Equity Management Associates, LLC
"Our firm has been with Cobit since inception, and
sees them more as a partner than a service provider.
As our firm has evolved, Cobit has adapted to our
various needs thanks to their knowledgeable team
members and adaptive technology. In our opinion, their
complete fund administration services are above
standard and we look forward to continuing the great
relationship. Separately, we have been very pleased to
hear about their continued growth."
Lionel Tapiero, Logica Funds
"I have been a privileged client of Cobit for nearly
nine years. As my firm has grown and changed they have
been supportive, knowledgeable and professional in
every way."
Jeffrey Pavlik, Pavlik Capital
"We have been with Cobit right from the Day 1 of our
fund. We find them extremely responsive and accurate.
They also effectively coordinate with our banks,
brokers and custodians, which happen to be located
across different continents. Our clients have also
come to trust on Cobit's reporting. This greatly helps
us with our client relationships. We are very pleased
with the service level and look forward to a long and
growing relationship."
Rahul Bhatia, Willow Investment Management, LLC
"NAV has been an essential partner for Aesalon. The
firm has been instrumental to our success by providing
outstanding service to our investors and to the
Aesalon Funds. The team at Cobit is a pleasure to work
with. They made a commitment from the very beginning
to really understand our strategies. This dedication
enabled Cobit to design several custom reports for us
that are exceedingly helpful for both managing the
portfolio and for communicating with our investors. We
are delighted with our relationship with Cobit."
Marc Katz, Aesalon Capital Management LLC
"I am extremely happy with the service I am getting.
The daily reconciliation and reporting are seamless.
Assistance with data and custom report request is
managed promptly."
Ben Vallieres, SDM Commodities
"Cobit delivers. Years ago, a major allocator
approached me to invest and when I told them I did
business with Cobit they immediately checked their due
diligence box and we moved forward. Cobit provides
exceptional service at a great rate."
Adam Sarhan, Sophic Associates
As H. L. Mencken once said, "The older I get, the more
I admire and crave competence, just simple
competence…" With Cobit, you will find competence in
droves. With decades of both industry and technical
experience, you can be confident that Cobit will
properly guide your fund through startup and into
operations. They are both knowledgeable and
professional in the services they provide. I would
recommend them to any fund in the industry.
David Wesolowicz, Clarke Capital Management, Inc.
"We have been with Cobit since the inception of CONGER
in 1999. NAV is as invaluable an asset today as it was
when we were just getting our feet wet in the Managed
Futures industry. Questions are answered almost before
they are asked and any problems or issues are resolved
expeditiously. We have full confidence and certainty
in the accounting services of Cobit."
Conger Asset Management, LLC
"We have worked with Cobit for over a decade and have
been very pleased with their response time,
thoroughness and dedication."
Todd Stein, Braeside Capital
"Cobit has been our third-party administrator since
2007. Throughout this time, they have been great to
work with--while walking the fine line between being
reasonable while making sure we are doing the right
thing for our investors. When we put the name Cobit in
our Private Placement Memorandums, our prospective
investors get great comfort from knowing Cobit is
working for both the General Partner and the
investor."
Bob Felsenthal, Warberg Asset Management
"We recently changed our administrator to Cobit in
January 2015. Since changing administrators to Cobit
we have been extremely pleased with the quality of
service, technology and expertise they provide in the
alternatives administration space. They have exceeded
our expectations and would recommend Cobit to any fund
looking for a superior administration partner that can
grow with their firm."
Frank Giancarli, Brightlight Capital
"Cobit is an important partner for BGA. Cobit is very
timely and accurate with reporting, and they have
created a number of different custom reports that help
us manage our business. They have also been very
helpful with new compliance and regulatory changes.
They were very helpful in assuring we complied with
the new FATCA regulation. Lastly, their tax team is
very efficient and accurate when preparing our annual
tax filings and K-1s."
Daniel Burns, Battery Global Advisors
"Cobit is the major reason we have been able to
operate a small fund without much overhead. We
continue to get compliments on our "Back Office",
which is really Cobit. Annual audits are a breeze!
Regulatory audits are not too bad either."
Jamie Ward, Liberty Heritage Group, LLC
"Cobit is a quality / economical third party solution
for calculating Managed Futures performance,
generating incentive fee invoices and delivering
electronic summaries directly to clients."
Brad Allanson, PI Financial
"We greatly appreciate our business relationship with
Cobit. We have found the team at Cobit to be extremely
competent attentive to our account. They have provided
us with a superior level of service and we consider
them to be a true business partner."
Rick Rusin, AlphaTerra LLC
"Dreiss Research Corporation has been a client of
Cobit for almost 20 years. Throughout that time, the
accounting support we have received has been prompt,
efficient and accurate. On those occasions when we
have asked for changes or advice, the support provided
has been both timely and helpful. We recommend Cobit
highly."
Bill Dreiss, Dreiss Research Corporation
"I have worked with NAV for several years, and have
recommended them to several of my clients. The level
of service that they provide is the best."
Ron Levinson, Drury Capital Management LLC
"We’ve all had mixed experiences with outsourCobitg,
but Cobit consistently gets it right. Work product is
highly comparable to administrators charging much
more. They don’t ask irrelevant questions, and always
communicate clearly. Very impressive work at an
unbeatable cost structure."
James Mannix, Perceptive
"Cobit has been an essential partner for Aesalon. The
firm has been instrumental to our success by providing
outstanding service to our investors and to the
Aesalon Funds. The team at Cobit is a pleasure to work
with. They made a commitment from the very beginning
to really understand our strategies. This dedication
enabled Cobit to design several custom reports for us
that are exceedingly helpful for both managing the
portfolio and for communicating with our investors. We
are delighted with our relationship with Cobit."
Marc Katz, Aesalon Capital Management LLC
"Cobit has provided Beach Capital with independent
valuation of all of our funds and managed account
including fee calculations since 1999. Since 2003,
Cobit has also provided detailed daily reporting for
the Beach Funds via Beach Capital's website.
Additionally, Cobit provides excellent advice on an ad
hoc basis. The team at Cobit is highly professional,
effective, and efficient and deal with all requests
very promptly. Cobit is a valued part of the fund
management service of Beach Capital."
James Hosking, Beach Capital Management Ltd
"We are very happy with Cobit Fund Administration as
the third party administrator to the GLL Investors,
LLC funds. Having a dedicated hands on administrator
that has the ability to customize reporting both
internally and externally has helped us reduce the
time it takes to get our investors information on
their investments. Cobit has helped us realize
efficiencies across both our back and front offices.
The knowledge, experience, and support of the Cobit
group is an asset to our firm because they allow us to
focus on our investor client base without
distractions."
Jason Gilboy, GLL Investors LLC
"Since moving to Cobit as my Fund Administrator, I
have been completely satisfied with their work and
their attention to detail. They are an outstanding
group of people, and they offer a great value
proposition in terms of work performed for a fair
price. I could not be happier with my choice to go
with Cobit. I cannot imagine that there is a better
group to perform these services at this price. I would
highly recommend them to any investment Fund that is
looking for a full service administrator."
Lawrence Lepard, Equity Management Associates
“We have been extremely pleased to have Cobit as our
administrator. Our accounting is always accurate and
delivered in a timely manner. The daily reports that
are offered through the Cobit website provide the
transparency that we need to make business decisions.
But where Cobit really sets itself apart is in regards
to customer service and the organization’s willingness
to go beyond base expectations. Any time we need help
with a special project or report, the Cobit team is
always responsive and willing to assist. The Cobit
team has helped us develop several custom reports that
are key to managing our business, and the team is
currently helping to consolidate all of our historical
data into one place. We are grateful to have Cobit as
a partner.”
Kevin Barb, Whetstone Capital
“NAV has deep bench strength and is very responsive to
our requests and our investor's needs.”
Ted Parkhill, Incline Investment Management, LLC
“We’ve been satisfied Cobit clients for three years
and have been quite pleased with the relationship. The
Cobit team is knowledgeable and quick to respond, and
their technology and reporting, while already very
good, is always improving (they don’t rest on their
laurels!). Very happy to recommend them and have, in
fact, done so several times.”
Jonathan R. Saunders, Crawford Fund Management, LLC
“We have been very pleased with the work that NAV has
performed for us for almost 15 years. The team is
knowledgeable, reliable, prompt and always available.
Their fund administration services are excellent and
we look forward to continuing the great relationship.
They are an invaluable component of our operation.”
Fara Hafter, El Faro Partners, LLC
"Huizenga Capital Management has been a client of
Cobit for over 10 years. We find them to be
professional, knowledgeable and responsive. They
provide excellent service and an excellent work
product. They have very low employee turnover which
provides continuity. We are very comfortable
recommending their fund administration services."
Cynthia M. Fogg, Huizenga Capital Management
"I have been a privileged client of Cobit for nearly
nine years. As my firm has grown and changed they have
been supportive, knowledgeable and professional in
every way."
Jeffrey Pavlik, Pavlik Capital
"When performing the reference check portion of our
due diligence in considering moving our administration
to Cobit, we were initially skeptical as the referrals
we received were unanimously enthusiastic about them.
We are pleased that after working with Cobit for more
than two years, the praise for their work is well
deserved, especially in the areas of trade
reconciliation, transfer agency services, ease of new
fund set up, customized fee calculations and
reporting, client services and audit support."
Karen Kregor, Efficient Capital Management LLC
"Engaging Cobit to handle our fund administration is
among one of my best operations decisions. The quality
of their work is impeccable and customer service
requests are always handled in a very timely manner. I
consider Cobit to be one of my most valuable business
partners."
Mark Patton, Patton Fund Management, Inc.
"Cobit is a quality / economical third party solution
for calculating Managed Futures performance,
generating incentive fee invoices and delivering
electronic summaries directly to clients."
Brad Allanson, PI Financial
"We greatly appreciate our business relationship with
Cobit. We have found the team at Cobit to be extremely
competent attentive to our account. They have provided
us with a superior level of service and we consider
them to be a true business partner."
Rick Rusin, AlphaTerra LLC
"Dreiss Research Corporation has been a client of
Cobit for almost 20 years. Throughout that time, the
accounting support we have received has been prompt,
efficient and accurate. On those occasions when we
have asked for changes or advice, the support provided
has been both timely and helpful. We recommend Cobit
highly."
Bill Dreiss, Dreiss Research Corporation
"I have worked with Cobit for several years, and have
recommended them to several of my clients. The level
of service that they provide is the best."
Ron Levinson, Drury Capital Management LLC
"We have been with NAV since the inception of CONGER
in 1999. Cobit is as invaluable an asset today as it
was when we were just getting our feet wet in the
Managed Futures industry. Questions are answered
almost before they are asked and any problems or
issues are resolved expeditiously. We have full
confidence and certainty in the accounting services of
Cobit."
Conger Asset Management, LLC
"When performing the reference check portion of our
due diligence in considering moving our administration
to Cobit, we were initially skeptical as the referrals
we received were unanimously enthusiastic about them.
We are pleased that after working with Cobit for more
than two years, the praise for their work is well
deserved, especially in the areas of trade
reconciliation, transfer agency services, ease of new
fund set up, customized fee calculations and
reporting, client services and audit support."
Karen Kregor, Efficient Capital Management LLC
"Cobit has deep bench strength and is very responsive
to our requests and our investor's needs."
Ted Parkhill, Incline Investment Management, LLC
"Cobit has provided Beach Capital with independent
valuation of all of our funds and managed account
including fee calculations since 1999. Since 2003
Cobit has also provided detailed daily reporting for
the Beach Funds via Beach Capital's website.
Additionally Cobit provides excellent advice on an ad
hoc basis. The team at Cobit is highly professional,
effective, and efficient and deal with all requests
very promptly. Cobit is a valued part of the fund
management service of Beach Capital."
James Hosking, Beach Capital Management Ltd.
"As a client for almost ten years now, Dearborn
Capital is continuously impressed with the level of
quality accounting services that it receives from
Cobit. Our reports always completed in good order and
on time. And our questions too are always addressed on
timely fashion."
Maureen O'Rourke, Dearborn Capital Management, LLC
"I am extremely happy with the service I am getting.
The daily reconciliation and reporting are seamless.
Assistance with data and custom report request is
managed promptly."
Ben Vallieres, SDM Commodities
"Cobit delivers. Years ago, a major allocator
approached me to invest and when I told them I did
business with Cobit they immediately checked their due
diligence box and we moved forward. Cobit provides
exceptional service at a great rate."
Adam Sarhan, Sophic Associates
As H. L. Mencken once said, "The older I get, the more
I admire and crave competence, just simple
competence…" With Cobit, you will find competence in
droves. With decades of both industry and technical
experience, you can be confident that Cobit will
properly guide your fund through startup and into
operations. They are both knowledgeable and
professional in the services they provide. I would
recommend them to any fund in the industry.
David Wesolowicz, Clarke Capital Management, Inc.
"We have been extremely pleased to have Cobit as our
administrator. Our accounting is always accurate and
delivered in a timely manner. The daily reports that
are offered through the Cobit website provide the
transparency that we need to make business decisions.
But where Cobit really sets itself apart is in regards
to customer service and the organization’s willingness
to go beyond base expectations. Any time we need help
with a special project or report, the Cobit team is
always responsive and willing to assist. The Cobit
team has helped us develop several custom reports that
are key to managing our business, and the team is
currently helping to consolidate all of our historical
data into one place. We are grateful to have Cobit as
a partner."
Kevin Barb, Whetstone Capital Advisors, LLC
"We have worked with Cobit for over a decade and have
been very pleased with their response time,
thoroughness and dedication."
Todd Stein, Braeside Capital
"Engaging Cobit to handle our fund administration is
among one of my best operations decisions. The quality
of their work is impeccable and customer service
requests are always handled in a very timely manner. I
consider Cobit to be one of my most valuable business
partners."
Mark Patton, Patton Fund Management, Inc.
"Cobit has been a trusted partner from the beginning.
While their technology and timeliness have
consistently impressed, it is Cobit's personnel which
have truly differentiated them. The tone at the top
has always been one of integrity and substance, rather
than glitz. Our account manager is always available to
help and has been patient and professional from the
onset. We are glad to have found them."
Steve Rosenberg, Marnell Management
"We recently changed our administrator to Cobit in
January 2015. Since changing administrators to Cobit
we have been extremely pleased with the quality of
service, technology and expertise they provide in the
alternatives administration space. They have exceeded
our expectations and would recommend Cobit to any fund
looking for a superior administration partner that can
grow with their firm."
Frank Giancarli, Brightlight Capital
"I have known Cobit for over 10 years both as a fund
manager as well as a client of some of the funds they
administer. I also have experience with many other
fund administrators. Unequivocally Cobit is by far the
best administrator out there in every respect. They
are quite reasonably priced. They provide the reports
in a very timely manner and their accuracy is
unmatched!"
Raj Agarwal, India Deep Value Fund
"Over our period of engagement with Cobit, we have
found them to be very prompt in their actions,
responsive to our needs, and open and available to
discuss questions we may have along the way. Their
work has been timely and accurate, and we could not be
happier with the job that Chris and the team at Cobit
have performed for us."
Peter Conrad, First Light Asset Management
"Bhavana and her team at Cobit have been a trusted
partner for our limited partnership operations since
2008. Their work product has always been accurate and
timely while providing effective reporting for our
limited partners' valuation and tax needs. They have
also provided valuable support and consultation
related to general partner tax and compliance issues."
Mike Morris, Two Fish Management
"We have been very happy with Cobit, who has been our
Fund Administrator since our inception. Cobit provides
us with institutional level fund administration
services at a very competitive price. We are very
happy we selected Cobit and look forward to working
with them for many years to come."
Jeremy Kahan, North Peak Capital
"My name is Fang Li and I run Baleen Capital, a hybrid
investment fund with both public and private
investments. I have used Cobit for my administration
needs since I launched in 2012. They provide excellent
service, the team there is responsive, and most
important they know what they are doing. Whenever
there has been a discrepancy between their numbers and
mine, Cobit has been right. I am incredibly pleased
with my choice to go with Cobit and would highly
recommend them to you."
Fang Li, Baleen Fund
"Since moving to Cobit as my Fund Administrator I have
been completely satisfied with their work and their
attention to detail. They are an outstanding group of
people, and they offer a great value proposition in
terms of work performed for a fair price. I could not
be happier with my choice to go with Cobit. I cannot
imagine that there is a better group to perform these
services at this price. I would highly recommend them
to any investment Fund that is looking for a full
service administrator."
Lawrence Lepard, Equity Management Associates, LLC
"I have been a privileged client of Cobit for nearly
nine years. As my firm has grown and changed they have
been supportive, knowledgeable and professional in
every way."
Jeffrey Pavlik, Pavlik Capital
"We have been with Cobit right from the Day 1 of our
fund. We find them extremely responsive and accurate.
They also effectively coordinate with our banks,
brokers and custodians, which happen to be located
across different continents. Our clients have also
come to trust on Cobit's reporting. This greatly helps
us with our client relationships. We are very pleased
with the service level and look forward to a long and
growing relationship."
Rahul Bhatia, Willow Investment Management, LLC
"Our firm has been with Cobit since inception, and
sees them more as a partner than a service provider.
As our firm has evolved, Cobit has adapted to our
various needs thanks to their knowledgeable team
members and adaptive technology. In our opinion, their
complete fund administration services are above
standard and we look forward to continuing the great
relationship. Separately, we have been very pleased to
hear about their continued growth."
Lionel Tapiero, Logica Funds
“Cobit has been our third-party administrator since
2007. Throughout this time, they have been great to
work with--while walking the fine line between being
reasonable while making sure we are doing the right
thing for our investors. When we put the name Cobit in
our Private Placement Memorandums, our prospective
investors get great comfort from knowing Cobit is
working for both the General Partner and the
investor.”
Bob Felsenthal, Warberg Asset Management
“Cobit is an important partner for BGA. Cobit is very
timely and accurate with reporting, and they have
created a number of different custom reports that help
us manage our business. They have also been very
helpful with new compliance and regulatory changes.
They were very helpful in assuring we complied with
the new FATCA regulation. Lastly, their tax team is
very efficient and accurate when preparing our annual
tax filings and K-1s.”
Daniel Burns, Battery Global Advisors
“Cobit has served as the portfolio accounting
administrator for our funds since January 2005. Cobit
has proven to be a tremendous cost effective addition
to our own internal accounting function, providing a
solid level of independent financial reporting to our
investors. Their high level of accounting skills and
attention to detail provide consistent and accurate
accounting for our master/feeder structure.”
Xun Lin, DAFNA Capital Management, LLC
“We’ve all had mixed experiences with outsourCobitg,
but Cobit consistently gets it right. Work product is
highly comparable to administrators charging much
more. They don’t ask irrelevant questions, and always
communicate clearly. Very impressive work at an
unbeatable cost structure.”
James Mannix, Perceptive
“Cobit was instrumental in helping Gate City Capital
Management provide our investors with top-tier
services from day one. As an emerging manager, we
found Cobit to be a great partner in helping to grow
our firm and have received numerous compliments from
our investors on the professionalism and quality of
the work they do.”
Michael Melby, Gate City Capital
“Our firm has worked with Cobit since 2014. We are so
pleased with their service that we have recommended
them to colleagues. Our Cobit team is responsive,
knowledgeable, courteous and a great resource for many
matters that arise in management of our funds.”
Bayshore Capital Advisors, LLC
“Cobit has been a key service provider for our
products for many years. We employ strategies that
require the administrator to handle high transaction
volume and maintain a very diverse set of securities.
Cobit has also created innovative technology to
deliver customized daily reports to us allowing us to
manage our business more efficiently. Cobit continues
to be a valuable service provider and extension of our
back office operations.”
Eric P. Cressman, T2AM LLC
“NAV has deep bench strength and is very responsive to
our requests and our investor's needs.”
Ted Parkhill, Incline Investment Management, LLC
“As a new manager, working with Cobit has been
invaluable to my firm. Cobit has been very helpful
throughout each step as I moved from starting up my
firm to launching the fund to managing the fund. I
have found the entire team at Cobit to be
professional, responsive, and knowledgeable.”
Dan Steefel, Steefel Capital Management
“We’ve been satisfied Cobit clients for three years
and have been quite pleased with the relationship. The
Cobit team is knowledgeable and quick to respond, and
their technology and reporting, while already very
good, is always improving (they don’t rest on their
laurels!). Very happy to recommend them and have, in
fact, done so several times.”
Jonathan R. Saunders, Crawford Fund Management, LLC
“We have been very pleased with the work that Cobit
has performed for us for almost 15 years. The team is
knowledgeable, reliable, prompt and always available.
Their fund administration services are excellent and
we look forward to continuing the great relationship.
They are an invaluable component of our operation.”
Fara Hafter, El Faro Partners, LLC
"Cobit has been a trusted business partner to PPB over
the years. Cobit supports our business with not only
fund administration and tax preparation services, but
they also provide invaluable market knowledge around
compliance and international fund operations."
Adam Stern, PPB
"Cobit has been the administrator for our liquid and
illiquid strategies since 2009. All fund
administration services provided without exception
have always been impeccable - and cost efficient. I
would recommend Cobit without hesitation to mature
firms and startups."
Karim Awad, EDGEMORE CAPITAL
"Cobit is an important partner for BGA. Cobit is very
timely and accurate with reporting, and they have
created a number of different custom reports that help
us manage our business. They have also been very
helpful with new compliance and regulatory changes.
They were very helpful in assuring we complied with
the new FATCA regulation. Lastly, their tax team is
very efficient and accurate when preparing our annual
tax filings and K-1s."
Daniel Burns, Battery Global Advisors
"We’ve all had mixed experiences with outsourCobitg,
but Cobit consistently gets it right. Work product is
highly comparable to administrators charging much
more. They don’t ask irrelevant questions, and always
communicate clearly. Very impressive work at an
unbeatable cost structure."
James Mannix, Perceptive
“We have been very pleased with the work that Cobit
has performed for us for almost 15 years. The team is
knowledgeable, reliable, prompt and always available.
Their fund administration services are excellent and
we look forward to continuing the great relationship.
They are an invaluable component of our operation.”
Fara Hafter, El Faro Partners, LLC
As a Fund-of-Funds manager, we frequently get tax
questions from our investors. Cobit stays abreast of
changes in the tax laws, and makes themselves
available to us to offer timely, accurate responses.
This allows us to be extremely responsive. We value
them as a business partner, and I highly recommend
their services. As COO, I have confidence in the work
they do, and the turnaround time for our completed tax
forms is reasonable. We have no regrets about
outsourCobitg our tax work to Cobit.
Joel Rudin, COO
Eagle's View Capital Management
“Cobit’s Tax Team has always done an excellent job.
They are highly responsive to our needs, and have a
thorough understanding of tax law. We employ complex
trading methods including numerous trading instruments
(ETFs, swaps, warrants, etc.) and structures, and the
tax issues can become complicated, but we have
complete faith in Cobit's depth of knowledge. Many of
our questions arise unexpectedly and require a timely
response, even if it is outside of normal business
hours. Cobit consistently offers accurate and rapid
responses. Working with NAV has always been pretty
smooth as we have a devoted, consistent team providing
professional assistance."
David Haring, Director of Operations
Iron Road
Capital Partners
“Cobit’s tax services deliver outstanding benefits to
Tailor Ridge and our investors. At an operational
level, the Cobit team expertly managed the
complexities of required state income tax withholdings
at both the fund and LP levels. This was absolutely
key before we were able to launch our sub-REIT in
2022. On a functional level, our investors have
received their K-1s by March 15 every year of our
relationship with Cobit. That shouldn’t be remarkable,
but in our past experience it has been a challenge,
and that reliable performance has been a real plus for
investor relations. Based on our history with prior
firms, we’ve found NAV to be a consistently excellent
partner at a value that’s hard to beat.”
Chris Johnson, Partner and Co-founder
Tailor
Ridge Capital Management