Fund Administration

Fund Structuring and Pre-Launch

  • Review/Edit legal documents; working with lawyers
  • Assist in selection of auditor(s); both first- and second-tier, according to clients’ preferences
  • Arrange FATCA registration and obtain required code(s)
  • Prepare relevant tax filing and forms

Onboarding and Checking on Investors

  • Perform anti money laundering (AML) checks and know your customer (KYC) reports on new investors
  • Input investors’ information to firewalled database
  • Track/Account for investors’ side letters, if apply
  • Confirm receipt of subscription/redemption documents with investors, with official Contact Notes issued
  • Maintain investors’ documents, in files and electronically

Regular and Repetitive Processing

  • Review and accrue for fund expenses
  • Prepare complex allocations and fee calculations
  • Calculate the net asset value (NAV) of the funds

Annual and Ongoing Services

  • Prepare financial statements (i.e. balance sheet, income statement, general ledger, etc.)
  • Prepare audit work papers and footnotes under GAAP or IFRS standards
  • Coordinate audit processes
  • Assist in FATCA reporting
  • Assist with regulatory compliance
  • Monitor investors profile against AML watchlist(s)

 

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