Services

Fund Services / Fund of Hedge Funds / Specialized Fund of Hedge Funds Administration

Specialized Fund of Hedge Funds Administration

Posting of trade and non-trade activities

• Recording of Corporate Actions
• Receipt/Payment of Dividends
• Booking of Interest Received/Paid on Cash Balances
• Booking of Purchases, Sales, Transfers, Switches and Purchases in kind
• Booking of Fees and Rebates
• Booking of FX Cash Transfers and other Cash Movements
• Booking of Bank Accounts
  1. Follow-up of pending trades with Custodian
  2. Portfolio reconciliation with Custodian
  3. Fee Calculations (Accruals for Administration, Custody, Management, Performance etc.)
  4. Monthly investor level P&L attribution (client dependant)
  5. Processing investors' capital transactions
  6. Compliance to offering document review, including monitoring of Investment Restrictions
  7. Monthly independent reconciliation of all bank and cash accounts
  8. Tracing of estimated and final month-end prices of underlying non-listed hedge funds
  9. Monthly financial statement preparation
• Balance sheet
• P/L statement
• Statement of changes in net assets
• Supporting schedules
• Investor/class/series reports
  1. Assist auditors with annual audit
  2. Arranging payment of Fund's operational expenses
  3. Web enabled reporting for investment manager