Fund Accounting

FD Fund Administration is skilled and experienced in managing the critical accounting functions that accompany both large and small funds.

Our expertise in financial and operational practices, as well as our platform of industry leading technology, software and analytical tools, enables highly complex funds to focus on their core business: investment management.

Fund Set-up

  • Review of offering materials for operational integrity and best practices
  • Liaise with Legal Counsel, Placement Agents and Advisors
  • Model fund economics; review and agree on processes and information flows
  • Design custom communications packages for investor notices, financial reporting, and other reports
  • Transition support; data conversion/reconciliation

Accounting & Fund Administration Services

  • Maintenance of accounting books and records
  • Capital call and distribution processing
  • Cash receipts and disbursement processing
  • Maintain Investment Ledger
  • Compute Management Fee
  • Compute Preferred Return and Waterfall
  • Compute Partner allocations
  • Prepare financial, investor and investment reporting
  • Compute IRRs and performance metrics
  • Coordinate with independent auditors