Fund Accounting

Fund Accounting:

  • Calculate fund level Net Asset Value (NAV)
  • Allocate gross profit to investors including hot issue income and side pockets
  • Calculate investor level management fees and incentive fees/carried interest
  • Calculate performance statistics for the fund and investors
  • Prepare GAAP or IFRS year-end financial statements
  • Prepare Fund Fact Sheets
  • Coordinate audit activities with the fund’s auditor
  • Maintain general ledger level reporting and a comprehensive audit trail

Portfolio Accounting:

  • Independently verify prices and corporate actions for listed securities
  • Capture trading activity from OMS systems
  • Maintain security positions with support of a variety of tax-lot relief methods
  • Reconcile cash, positions, and transactions
  • Deliver robust portfolio level reporting including period-end positions and P&L