IPS Fund Services LLC | 297 followers on LinkedIn. IPS Fund Services (IPS) provides outsourced fund administration and accounting services to small and mid-sized private equity and venture capital funds. As an independent firm comprised of experienced CPAs, we take a hands-on approach in delivering practical and cost-effective back-office solutions that help clients operate efficiently. Our services are backed by a trusted team of professionals known for proactive, accurate, and thorough reporting and analysis.