Fund Administration Service
Fund Administration Service
For Accuracy and Transparency
Managing one fund or
multiple
funds for venture capital
(VC)
and private equity
(PE)
firm is not simple
and easy tasks. On top of that
gaining and keeping investors trust in VC and PE firm relies on how their
money managed and how transparent the firm is in terms of providing information about their
investment. When comes to fund administration, VC and PE firm needs person with knowledge
of the
operation as well as great organization skills to stay on top of that.
Our Fund administration service will not only help
VC and PE firm
stay on top tracking commitment,
capital call, collection of capital call, banking transactions, but also help
you keep track of all
SPV (sidecar
investment)
and General Partner (GP)
shares,
management
fee, investment
portfolio
(
with
each round
of funding and
its
valuation
)
. We work as part of the team and communicate with investor and portfolio
company on regularly when needed. We focus on
giving you peace of mind by taking care of the tedious
tasks of fund management.
Fund Accounting and CFO Service
Trusted Advisor for Better Decision-making
Every VC And PE firm needs trusted advisor that they can count on when making financial decision about investment or internal business operation. Accurate accounting related to fund and operation is critical for any VC and PE firm since they require to issue periodic financial reports to investors as well as for the year end audit. Having CFO as part of your team help you gain trust of investors and give you insight into your financial status for current and future. Our CFO service allows you to have trusted advisor by your side for not just keeping accounting records up to date but help you prepare and issue periodic reports with confidence. We also liaise with auditor during audit process for effortless completion.
Fund Administration Roles & Responsibilities
- Investor Commitment Tracking
- Capital calls notice prepare and send
- Collection of capital call
- Management Fee calculation
- Distributions notice and payments processing on Exit
- Carried interest calculation
- Sidecar (SPV) tracking
- Portfolio tracking – Initial investment, follow - up round etc.
- Closing documents completion verification and filing
Fund Accounting and CFO Roles & Responsibilities
- Bank and account reconciliation of fund and operation
- Preparation of periodic financial statement
- General partner’s capital account balance tracking
- Investment valuation adjustment tracking and recording
- Analysis of portfolio returns
- Processing and recording of fund expenses as per partnership agreement
- Water fall analysis
- Managing yearend audit process with auditor
- Prepare and distribute Yearend tax slips
- Review term sheets and closing documents