Fund of Funds Administration

Fund Administration for Fund of Funds

FUND ACCOUNTING

Daily, Weekly, Monthly, Quarterly or Inter - Period NAVs
Calculation of fund performance(daily, monthly, year to date, and since inception)
Management & Performance Fee Calculation
Income / Expense Allocations to Investors
Cash Reconciliation
Partnership, Multi - Series, and Equalization Accounting
Secure online portal access to accounting packages, reporting, and interactive data tools
Complete Audit Support

INVESTOR SERVICES

Process Subscriptions and Redemptions
Investor Due Diligence (AML, KYC, OFAC, ERISA)
Secure Investor Reporting & Investor Web Portal
Direct Transaction Confirmations

COMPLIANCE & REGULATORY SUPPORT

US FATCA, UK FATCA & CRS Compliance
OPERA Reporting
SEC Form PF

MIDDLE OFFICE SUPPORT

Cash Management via dual-controlled wire processing
Create and maintain waterfall models; realized and unrealized
Preparation of cash disbursements and receipts for FOF's
Recording of unrealized G / L on Investments
Prepare carried interest calculations
Calculation of Investment IRR
Maintaining complete Ledger for FOF investment
Locking period and documents management of underlying Investment funds
Verification of Fee charged by FOF's
Tracking of FoF's by Strategy or Sub-Strategy
PERA Report(Private Equity Return Analysis)
Complete Support for investor due diligence and onsite visits

FINANCIAL STATEMENT PREPARATION

GAAP and IFRS Reporting
Computation of financial highlights
Preparation of footnotes to financial statements

TAX REPORTING SERVICES

Prepare and file of US Partnership Federal tax return and state returns
Prepare and distribute Investor’s Schedules K - 1
Provide quarterly and year-end tax estimates to investors
Calculate and arrange payment of foreign partner withholding and file Form 1042,1042 - S,1042 - T for foreign investors
Responding to notices from Internal Revenue Service and states tax authorities on behalf of client
Prepare and file Composite State Returns
Prepare and File Foreign Bank Account Reports(FinCEN 114)
Prepare PFIC Annual Information Statements
Prepare and file 1099 - MISC Forms

Zero setup or transition fees
Unlimited logins to web portal for the fund and investors
No additional AML/KYC fees per investor
Audit support included

PROOF OF CONCEPT

NAV offers a complimentary, risk-free trial for existing hedge and private equity funds.

LEARN MORE >

“Engaging NAV to handle our fund administration is one of my best operations decisions. The quality of their work is impeccable and customer service requests are always handled in a very timely manner.”

mark patton, patton fund management, inc.

"I have worked with NAV for 20+ years and seen them grow exponentially during this time. What has remained constant is the value and service they provide. I recommend them without any hesitation."

Hemal Gala, Pulse Capital Partners LLC

VIEW OUR CLIENT TESTIMONIALS