VALUATION AND ACCOUNTING SERVICES

We have the personnel and systems to provide valuation and accounting services to all types of hedge funds, no matter how complex or esoteric the investment strategy. Our services consist of:

  1. • Recording trades through electronic interfacing with an investment manager’s trading platform and/or prime broker systems

  2. • Maintaining security positions on either an average cost, FIFO, LIFO, specific lot ID, high cost or low cost basis

  3. • Reconciling all management-generated activity with that recorded by a prime broker

  4. • Controlling, recording and reconciling all cash activity

  5. • Maintaining multi-currency subledgers with translation to a base currency

  6. • Independently pricing securities via electronic interface with a third party pricing service and a detailed manual scrutiny of hard-to-price securities/p>

  7. • Calculating accruals, including all types of performance fee structures

  8. • Calculating net asset value per share and partner allocations

  9. • Preparing full valuations on either a daily, weekly, monthly or quarterly basis, supplemented by estimates, if required

  10. • Providing a full valuation package including a trial balance and supporting schedules

  11. • Preparing interim financial statements, if required, and a full set of year-end financial statements that conform to relevant generally accepted accounting principles

  12. • Overseeing and assisting with the annual audit of the affairs of a hedge fund

  13. • Preparing data (in electronic form whenever possible) for use in tax or regulatory reporting

  14. • Providing expert advice and assistance as needed


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