The primary service we provide is Fund Accounting and Fund Valuation. All fund accounting processes are fully automated and integrated on a single technology platform allowing us to take a fund analyst approach rather than a purely fund accountant viewpoint.

Each of our fund accountants are involved in the end-to-end process of a particular fund, allowing them to understand the process more clearly, and acting as a single point of contact for the fund manager. We employ multiple quality control procedures including supervisor review and manager review to ensure that at least three sets of eyes approve every report before it is sent to the client.

Elements of our portfolio accounting services are:

• Upload of daily trading activity from manager and/or prime broker
• Reconciliation of cash balances and positions with prime broker(s)
• Independent pricing of the investment portfolio
• Processing of corporate actions, such as dividends and stock splits
• Calculation of interest on interest-bearing securities
• Calculation of performance fees in accordance with fund documents:
• Multi-series share method
• Equalization method
• Calculation of management fees in accordance with fund documents
• Calculation of other fees, including administration, legal, audit, custody and other fees
• Daily, weekly and monthly net asset value calculations
• Coordinate and assist with annual audit
• Income allocation and tax return preparation
• Varied fund structures:
• Unitized limited partnership
• US-style limited partnership
• Unit trusts
• Master-feeder structures
• Income allocation and distribution calculations for trusts
• Income allocation for partnerships

We are focused on using technology to automate many of these functions, thus allowing our employees to perform primarily exception and review functions.