Hedge Funds

Comprehensive depth of service for investment partners and hedge funds

We provide a comprehensive range of domestic and offshore accounting and administrative services for private investment trusts or partnerships. Each Nottingham fund accountant is responsible for a strictly limited number of portfolios—to enable a strong focus on providing the highest level of client service. The fund accountant maintains strict internal controls to ensure accurate portfolio accounting for each fund. More than that, we work closely with each hedge fund adviser to develop a personalized solution that fits the needs of the adviser and the shareholders/partners.

Services

Portfolio accounting

Maintain portfolio records
Handle portfolio transactions
Calculate gain/loss on portfolio sales
Record amortization interest and dividend accruals
Process capital changes
Provide reports of available cash

Expense accrual and payment processing

Issue payments for account expenses
Process expense accruals
Support periodic expense accrual review
Prepare and maintain expense budget

Fund valuation and financial reporting

Allocate earnings/losses
Provide customized reporting
Calculate book gains and losses
Maintain a general ledger for each fund
Determine net investment income and periodic distributions to shareholders
Disseminate information to advisers and authorized third parties
Maintain certain tax accounting records
Assist in K-1 preparation
Prepare monthly reports

Ongoing compliance documentation and reporting

Prepare financial statements and supporting documentation
Maintain books and records of the fund as required by federal and state laws
Assist with investment adviser registration and chief compliance officer support
Work closely with external audit and tax preparers
Coordinate the preparation, filing and distribution of proxy materials and periodic reports