About US

Fund Accounting Services

As a freelancer, we specialize in gathering financial statements from banks, brokers, and other fund service providers for reconciliation with internal records at the close of each accounting period. Our approach employs a tailored accounting system designed specifically to cater to the unique requirements of your hedge fund. We meticulously record all investor and financial transactions in this accounting system to compute incentive and management fees, as well as carry forwards in accordance with your fund's offering documents and corresponding accounting procedures.

Investment Accounting

Our team possesses extensive experience in accounting for a diverse range of financial instruments, including but not limited to:

  • Options
  • Equities
  • Corporate bonds
  • Fund of Funds
  • US and non-US government securities
  • Repos
  • Futures and futures options
  • Foreign exchange trading
  • Cash contracts
  • Derivatives and derivative options

The Investment Manager collaborates with us to determine the precise method for entering investment transactions into our fund accounting system. These transactions can be entered either on an aggregate basis, an individual basis, or a combination of both, tailored to best suit your fund's needs. Typically, investment data is directly imported from a prime broker into our software, ensuring the timeliness and reliability of our reports.

We generate a variety of investment reports, including but not limited to:

  • Position Listing (Open Lot)
  • Realized Gain-Loss Report
  • Unrealized Gain-Loss Report
  • Closed Position Report
  • Security Position
  • Security Cost

These reports are generated at a master fund level but can be customized upon request.

Investor Accounting

Accurate and punctual investor reporting is critical for an advisor to attract and retain capital for the fund. The intricacies involved in providing investors with precise fee calculations and income-expense allocations can be quite complex, especially within the framework of hedge fund structures. Therefore, outsourcing this process is a prudent choice. We offer a fully-integrated fund accounting system programmed to automatically allocate income and expenses according to each individual investor's requirements, while aligning with the terms outlined in the fund's offering documents and generally accepted accounting principles.

We accommodate various needs, including:

  • Subscription Confirmation
  • Cash Receipt Confirmation
  • Redemption Acknowledgment
  • Subscription and Redemption Contract Notes
  • Monthly NAV Statements
  • Side Pocket Calculations
  • Multiple classes
  • Hurdle rates
  • Fee exceptions for individual investors

We readily provide customized statements, tailoring formatting, level of detail, or any other cosmetic aspects to meet the unique preferences of individual investors.

Reporting to Investment Managers

While the types of reports may vary based on the Investment Manager's preferences and the specific fund requirements, the following reports are typically generated:

  • Calculation of NAV (including full accruals of operating expenses, incentives, commissions, and other fees)
  • General Ledger Listing
  • Investor Summary Report
  • Balance Sheet
  • Income Statement
  • Trial Balance Report
  • Statement of Changes in Partner's Capital
  • Performance Table

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Equalization accounting

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PERFORMANCE FEE EQUALISATION

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Equity Swap - Accounting

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