Asset Manager

Updated:

Formidium Corp.

Formidium Corp. is a global fund administrator founded in 2016, serving 700+ alternative fund managers with $34B+ in assets across 25+ jurisdictions.

Formidium Corp.

We provide global fund administration services and advanced technology solutions to support front and back-office operations for alternative investment funds and managers

General information

Firm type

Asset Manager

Year founded

2016

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Downers Grove

Corporate office

Downers Grove, IL, United States

Sector focus

Private EquityVenture CapitalHedge FundsReal EstateDigital Assets

Frequently asked questions

What investment services does Formidium provide?

Formidium offers fund administration including NAV calculation, tax and financial reporting, and investor communications for venture capital, private equity, hedge funds, digital assets, SPVs, multi-strategy, and real estate funds. The firm is cloud-native and aims for faster onboarding compared to legacy administrators (per the firm, 2026).

How large is Formidium's asset administration?

Formidium administers $34B+ in assets across over 1,850 entities, serving 700+ fund managers across 25+ jurisdictions (per the firm, 2026). The firm's own AUM is not disclosed.

Which fund types does Formidium specialize in?

Formidium specializes in venture capital, private equity, hedge funds, digital assets, SPVs, multi-strategy vehicles, and real estate funds. Its platform is designed to handle diverse alternative investment strategies.

What is Formidium's geographic footprint?

Formidium has a global presence with offices in the U.S., EU, and Asia, operating across 25+ jurisdictions. This allows it to support fund managers internationally (per the firm, 2026).

Is Formidium structured as a family office?

No. Formidium is a fund administration and technology services firm for alternative investment funds. It is not a family office or asset manager; its role is operational—handling back-office and reporting functions.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on asset managers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More Downers Grove Asset Manager profiles