Scale faster.
Operate smarter.

CFO, COO, and full back-office operations for alternative asset managers. Built to institutional standards, so you can focus on what you do best: investing.

Schedule a 30-minute strategy call
Who we serve

Built for emerging managers raising the bar.

We work with emerging and growing alternative asset managers, typically from launch through approximately $500M AUM.

01

Hedge Funds

Daily operations, trade reconciliations, and shadow NAV that stand up to institutional diligence.

02

Private Equity

Fund structuring, capital flows, and reporting built for the long hold and the next close.

03

Venture Capital

A lean back office and LP-ready reporting that scale from first fund to follow-on.

04

Hybrid Funds

Multi-strategy structures handled by one accountable partner across every mandate.

What we do

An institutional back office, without the institutional headcount.

From fund formation to monthly close, Lumen Partners runs your finance and operations function as an embedded extension of the team.

01CFO + COO Services→
02Fund Structuring→
03Technology Implementation→
04Middle + Back Office Support→
05Service Provider Management→
06Audit + Tax Coordination→
07Trade Reconciliations→
08Shadow NAV Calculations→
09Strategic Tax Planning + Forecasting→
10Cash Movement + Controls→
11Books + Records Management→
12Pitch Decks + Marketing Strategy→
Why Lumen Partners

The advantage of an embedded partner.

Embedded Leadership

Fractional CFO and COO support that becomes part of your team.

Institutional Infrastructure

Processes, controls, reporting, and governance built to institutional standards.

Scale Without Overhead

Avoid hiring a full operations team before you're ready.

Investor Confidence

Audit-ready reporting and investor relations support that build trust with current and prospective LPs.

How we work

Your monthly close, on time. Every time.

We run the full cycle as your embedded team and hand you numbers that are always audit-ready. No in-house operations build required.

  • Every transaction captured and categorized
  • Accounts reconciled to the penny
  • Independent shadow NAV verification
  • LP-ready reporting, delivered on schedule
Monthly Close · Jun 2026 Live
Capture transactions1,284
Reconcile accounts100%
Shadow NAVVerified
LP reportingReady
Net Asset Value ✓ In balance
$0.0M
Clarity, refracted
Meet the partners

When you work with Lumen Partners, you work with a partner.

Lumen was built on a simple conviction: emerging managers deserve a finance and operations partner who knows their book cold, not a rotating bench of junior staff at a faceless outsourcer. Every engagement is led personally by one of our three partners.

Mary M. Matranga
Founder & CEO
  • Former CFO, COO & CCO of a Houston hedge fund
  • Scaled fund AUM from $20M to $200M
  • MBA in Finance, Rice University
Max Michael
Principal
  • 23+ years in middle- and back-office operations
  • Builds institutional-grade operating frameworks
  • Expert in controls, reporting & vendor oversight
Ash Thaker
Principal
  • 25+ years building institutional investment platforms
  • Former COO, CFO & CCO at multi-billion-dollar funds
  • Began his career as a Director at Credit Suisse
The Lumen mission
To empower alternative asset managers to achieve sustainable growth and long-term success, by delivering exceptional support that lets them focus on what they do best: investing.

Trusted by emerging managers across hedge funds, venture capital, and private equity

Book a discovery call.

Tell us about your fund and where you're headed. We'll show you what an embedded partner looks like.

Schedule a 30-minute strategy call ops@lumenpartners.co