FMA /
Service
Fund Formation & Structuring
- Assistance and advice on fund structure and setup
- Review of fund documentation, agreements and procedures
- Liaise with investors and assistance with anti-money laundering requirements
- Coordination of fund establishment with lawyers, auditors and bankers
- Coordination of licence application with regulatory authorities
- Assistance with appointment of non-executive directors
Fund Accounting & Financial Reporting
- Bookkeeping & maintenance of accounting records
- Coordination with auditors on statutory audit
- Prepare distribution schedule
- Preparation of monthly, quarterly and annual unaudited fund accounts
- Automation of Performance and Management fees calculation
- Cash Management
- Preparation of annual financial statements including audit support
Investor Services
- Conduct AML screening to verify investor compliance with money laundering regulations.
- Create and distribute investor statements.
- Maintenance of shareholder registers.
- Handle subscriptions, redemptions, transfers, and switches.
- Facilitate payments of redemption proceeds in alignment with the Offering Memorandum.
- Conduct upfront and ongoing screening of investors and associated parties.
- Conduct periodic risk reviews and AML checks on investors.
- Respond promptly to investor requests.
- AML and World Check screening.
Shadow NAV
- The shadow Net Asset Value (NAV) is a calculation conducted to validate the NAV officially generated by the Administrator. This process may be undertaken by the fund manager or outsourced to a specialized service provider.
- Certain investors mandate that a fund manager establishes a robust shadow NAV accounting procedure.
- This requirement stems from the assurance that the NAV generated by the Fund administrator is accurate, minimizing the likelihood of NAV restatements.
- Through proactive collaboration between the Administrator and the Shadow NAV Accounting provider in independent cross-checking, potential NAV errors are significantly reduced, leading to faster NAV delivery times.
Corporate Services
- Keeping and maintaining statutory books and registers.
- Documentation of board meetings.
- Bank account opening assistance.
- Changes of fund information.
- Assisting to make annual payment to fund local authority.
Wanna Talk To Us?
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