Administration Services
Our fund services
- Preparation and/or review of constitutional documents
- Assistance with and completion of licence applications
- Management of structure and fund formation
- Access to and establishment of bank accounts
- Review of and assistance with offering documentation
- Assistance with establishment of principal manager and the ongoing administration thereof
- Investor administration and relationship management
- Registrar and transfer agency
- Investor portal access to secure document storage repositories and NAV reporting
- Customised investor reporting and capital summary reports (branded with client logo)
- Calculation and payment of dividends and distributions
- Preparation of information for inclusion in Factsheets, Termsheets, PRIIPs and KIDs
- NAV calculation and publication
- Preparation and distribution of capital call/distribution notices
- Calculation and payment of fees and expenses, including sales commissons and trailer fees
- Trade execution and settlement
- Automated trade reconciliation and reporting together with bank account reconciliations
- Oversight and management of foreign exchange exposure and cash management, including forecasting
- Portfolio performance and risk statistics and benchmark comparisons
- Calculation of TER and ongoing charges
- Company secretarial services
- Directorial services
- Registered office services
- Board reporting
- SPV and corporate services
- Services to listed companies, including stock exchange announcements
- Review and oversight of appointed service providers
- Management Information and KPIs
- Fund accounting, bookkeeping and valuations
- Preparation of audited financial statements (IFRS, US GAAP and FRS 102)
- Preparation of management accounts and capital account statements
- Equalisation accounting including waterfall structures, contributions, capital calls, commitments and distributions across any number of master-feeder layers
- Reporting requirements for UK reporting fund status
- Analysis of P&L allocation and contribution by Partner, Asset Type, Industry, Sector, Geography and Currency or custom rules
- Support of all IRS approved partnership tax allocation methods, including aggregate full netting and tax lot layering
- K1 Reporting
- Client onboarding and CDD
- Provision of compliance officer, MLRO and MLCO
- FATCA and CRS reporting
- Regulatory compliance oversight, compliance and regulatory reporting
- Real time AML / CFT transaction monitoring
- Review of compliance with listing rules and filing deadlines
- ESG portfolio monitoring and reporting
- Oversight of investment portfolio
- Cashflow monitoring
- Safe custody/verification of fund assets
Sustainable funds
- ESG portfolio monitoring and reporting
- Exclusionary screening on potential funds
- Monitoring compliance with Guernsey green fund rules
- Reporting in relation to EU regulations for sustainability disclosures for the financial services sector
- Monitoring compliance with the UN Principles for Responsible Investment
Listed funds
- Listing support, including liaising with all stakeholders as necessary
- Responsive and experienced corporate secretarial services to support the Board and the nominated committees
- Ensure compliance with appropriate codes of corporate governance
- Co-ordination of investor related meetings as well as board and committee meetings
- Monitor compliance with continuing obligations and listing rules
- Maintain statutory and investor registers in conjunction with the Registrar
- Calculation and payment of dividends and other distributions
- Production of interim and audited financial statements
- Consolidation and transfer pricing
- ESG monitoring and reporting
All of the above provided by dedicated client service individuals with specialist skills to meet your needs.
We are also able to offer a hosting platform to funds or managers and the ability to manage and monitor portfolio risk. In fact, because we have a bespoke approach tailored to each individual client we are able to provide a number of services not limited to fund and portfolio administration.
Please contact us for further details.