An Evolved Concept of Fund Administration

Fundamentally, the concept of fund administration is becoming more complex with every next release in regulatory norms related to investments. Today, fund administration is not limited to accounting and transfer agencies. It requires a thorough knowledge of calculation and management of the funds, income and expense accruals, financial reporting, financial statements, reports to shareholders and audit liaison, to name a few skills that the alternative investment fund administrator must-have. 

But have you ever thought what is the need to improvise the role beyond the required traditional expertise? Because Fund Solution Provider require all the statistical and financial data to perform the Net-Asset-Value calculation process effectively, they are also dependent on data from the diverse field to evaluate Risk management, Performance measurement, Compliance, Reporting and others.

The continuously changing norms and extended responsibilities forced managers to rely on Alternative Investment Fund Administrator. With their complete knowledge, they handle the tasks much better and could assist in other segments related to future plannings decision making, understanding of risks etc. Here are a few things other than joining hands with a funds solution provider which investment companies need today to streamline the operations and mitigate the possibility of risks.

Risk management & Performance measurement

Because both of these areas require constant analysis an understanding of all the risk factors that could affect the performance, a fund accounting system or something similar is required by fund administrators. So, they could feed proper and accurate data into other systems in a timely manner.

Another alternative to a fund accounting system is outsourcing a specialized and expert fund administrators who could be trusted with their knowledge and reliability. Parenting with professionals is a cost-effective solution as it reduces the need to exchange & reconcile data for accurate reporting.

Investment compliance

Another important subject considered by investors and fund managers is the exposure of funds. A fund administrator is supposed to keep an eye on the funds, their incoming, utilization, and manipulation, against all sorts of criteria identified in the investment prospectus.

The final call related to the expenditure of funds within the limits is set by the Fund management company, but the administrator makes sure that the investors adhere to the limits set in a timely and accurate way to reap higher profits.

Automated regulatory reporting

Improvising the specialized systems to generate regulatory reports continuously without any manual intervention or human errors in the need of investment administrators, managers and investors today. It is assumed that the place way to get these reports on time and with no errors if from the alternative investment fund administrators system, given that they have every necessary information on their system. But the chances of statistical error are still present.

Streamlined Communication between Investors, Administrators & Managers

There is no scope for errors, delay and ignorance in fund administration. The time of manual subscription and filing of redemption forms, preparing investor documents and questionnaires is gone as it is prone to the risk of human errors. Today an automated system is the need of every alternate investment fund administrators as well as managers as it increases the processing speed, reduces the risk of errors, encourages accuracy and streamline the communication. This will also help in sharing monthly audits and workflows to the investors.

Source Link – https://ascentfundservice.blogspot.com/2021/02/an-evolved-concept-of-fund.html

Things to Consider Before Choosing an Independent Global Fund Administrator !

Fund administrators play a vital role in protecting the interests of their investors by verifying the valuation of the fund and assets. The fund managers can realign their focus on portfolio management by outsourcing the fund administration function to third party Independent Global Fund Administrator. It consists of two parts fund accounting and registrar/transfer agent activities.

The fund manager considers investor’s demand along with market opportunities in order to evolve their businesses. Hence, there is a strong need to find an independent fund administrator so that the fund managers can focus on more growth opportunities. Choosing the right fund administrator partner can help in saving cost, offer a seamless connection with outside parties and provide accurate & updated information. In contrast, a bad independent fund administrator can ruin your reputation and image. Wondering, how to choose/what to consider before choosing an independent global fund administrator? Here are some great tips to help you choose the right fund administration partner.

Key aspects to consider while selecting the right independent global fund administrator

Global independent fund administrators are highly capable of managing the fund administration, and hence the funds manager relies heavily on their services. With a plethora of available options, it’s critical to analyse the capabilities of your future fund administration partner to get high accuracy and reliability. Here are some of the key features to look for in a reliable global fund administrator.

 1. The global fund administrator should have a robust operational infrastructure with internal controls.

2. They should have the desired expertise in your crucial asset classes along with the scope of scalability.

3. The fund administrator should act as a single source for all your needs

4. It should have a required quality of systems, benchmark automation, the optimum level of servicing and a strong follower of top-level cyber security.

5. There should also be a provision of directorship services and corporate secretarial.

6. The fund administrator should be able to manage foreign exchange and bank account.

7. They should be capable of strategist complex fund management.

8. While choosing the global fund administrator, the rigorous compliance and governance processes should never be ignored.

9. Besides providing the local expertise, your fund administrator should be globally renowned.

Roles and responsibilities of the global independent fund administrator

Apart from protecting the interest of investors by independently verifying the assets, the fund administrators role includes the following things.

  • Net asset value NAV calculation.
  • To prepare the financial reports and statement.
  • Audit listening.
  • To calculate the income and expense accruals along with the pricing of securities at the current market value.
  • To open and control the fund bank accounts.
  • Fund expenses payment management.
  • Contacting shareholders and preparing the reports.
  • The independent global fund administrator should be capable of reconciling statements of the
  •  broker, custodian, bank and investment manager.
  • To collect dividends and interest.
  • To maintain and file the funds financial books and records.
  • To calculate the dividend payments and distribute them to the transfer agent.
  • To settle the daily purchases and sales of securities.
  • To prepare and file the local regulatory body reports.
  • Deciding the fund portfolio pricing.
  • Calculating the total returns and other performance measures of the phone.
  • Investor KYC and compliance, along with anti-money laundering monitoring and reporting.
  • Liquidity supervision, dissolution of the funds and governance.        

These days the fund administrators are expanding globally and bringing the evolution in fund management strategies which further provide consistent and reliable services to you and your investors. However, you have also got an option to switch your global fund administrator, and the following section describes that in a better way.

What steps to be taken to switch to another global fund administrator? 

Once you have decided to switch the fund administrator, there a few pointers to be considered. Please have a look at them.

 1. For smooth planning, there should be a due diligence check of investors and individual risk assessment.

2. Also, there should be a complete assessment of physical and electronic data requirements.

3. Mutually agree and sign the full-service level agreements along with service contracts and confidentiality

4. The new administrator should review all legal agreements, and legal counsel should verify any necessary change at the very beginning.

5. Preparing the contractual changes and necessary announcements for notification to investors.    

6. Mutual agreement with the previous administrator for data transfer methods and protocols.

7. Reconciliation of the calculated net asset value (NAV) from both the administrators, previous and new.

8. To facilitate the smooth and complete audit process, there should be a live transfer of current and historical data for the entire accounting period.    

Talk to Ascent fund services to get assistance 

Hopefully, you learned enough about how to select the right independent global fund administrator, their roles & responsibilities and how to switch to a new fund administrator smoothly. Ascent fund services, the leading fund administrator company, is more than a fund administration wherein the experts can deliver the Crypto Fund Administrator facilities, managing hedge funds, private equity, etc. We can help you handle any business needs with our expertise, blended with the experienced fund administration support. Contact us now to know more. 

Ref Blog – https://ascentfundservice.blogspot.com/2021/03/things-to-consider-before-choosing.html        

All you need to know about VCC Fund Administrator | Ascent Fund Services

Singapore serves as the investment gateway to Asia with 67% of the total AUM invested in the Asia Pacific. In association with the Accounting and Corporate Regulatory Authority (ACRA), The Monetary Authority of Singapore (MAS) launched the much-needed Variable Capital Companies (VCC) framework on 15 January 2020. Here in this blog, you will get to know all about VCC, Venture Capital Fund Administrator, and the need. 

Let’s read further without any delay and understand its significance in the world of investment and fund administration.

The need of Variable Capital Companies (VCC)

The conventional structure of investment funds i.e., a corporate vehicle (Private Limited Company) or a partnership (Limited Partnership) scheme are less complex and easy to administer. But also has numerous limitations for running an asset management business in the long run. In these structures, the subscription and redemption of shares are complicated as the decision is completely dependent on the majority shareholder’s approval and not to a single shareholder.

Whereas, In case of a partnership, it doesn’t have a separate legal entity from the partners. In case the partner gets corrupt, the partnership won’t be able to sue or be sued or own property in its own name. 

The Variable Capital Company structure is formed to overcome such barriers promoting operational flexibility and best of the returns to both the parties, the investors as well as the fund managers.

What’s the VCC all about?

  • The VCC structure can be used for open or closed-ended funds both giving the much-required flexibility. Flexibility in terms of issuance and redemption of shares to the partners.
  • VCC also gives the flexibility to pay dividends out of capital 
  • The VCC fund administrators can set it up like an umbrella fund with various sub-fund schemes
  •  Underlying it with separate assets and liabilities or a standalone investment fund.
  • VCCfund administrators can also help fund managers to transfer their registration of existing
  •  Investment funds from any other country to Singapore as VCCs.
  • VCC fund administrator must create a register to be shared with the public authorities upon request for regulatory, supervisory and law enforcement purposes.

Top  Benefits of Singapore VCC fund investments:

1. VCCs give the flexibility to the Investors to enter and exit the fund according to their will. 
2. Lesser juggling between various mutual funds which means multiple fund administrators, managers and increased cost.
3. It enables you to tap on Singapore’s tax treaties as a legal entity for cross border investments
4. VCC gives the freedom to distribute dividends from the capital to meet dividend obligation which was unlikely in the conventional corporate vehicle.


Venture capital fund investors and fund managers both are directly benefited by the launch of VCC funds. To make its adoption easier, it is notified that “MAS will help defray the cost of setting up the fund through the Variable Capital Companies Grant. Up to 70% of the eligible expenses such as legal and tax advice, incorporation and registration fees, capped at a total of SGD 150,000 will be reimbursed by MAS”. Connect with the experts at ASCENT fund services to have a detailed discussion and understand how it could benefit you and your business. 

Ref Blog – https://ascentfundservice.blogspot.com/2021/02/all-you-need-to-know-about-vcc-fund.html

Shadow NAV Administrator | Why Hedge Fund Manager Should Hire the One?

These days, the Investment Managers opt for third-party services to get their Fund Net Asset Value (NAV) calculated. Authenticity of the evaluation is carried out by an in-house Shadow NAV Administrator whose duty involves reconciling the data against that of the broker or prime custodian. These fund administrators are well-versed in different ways to evaluate the NAV, however, before posting the official Net Asset Value, the final confirmation from Investment Manager is also needed. Well, all that’s great, but why is there a need to get the data reconciled by shadowing the fund administrator? This blog will clear all the doubts with some leading reasons that will make you hire the one.

Introduction to Shadow Accounting

The Shadow Accounting is a comprehensive methodology to maintain an additional set of financial records to compare it with the third-part fund administrator. Shadowing the fund administrator helps in providing precise and accurate data. Besides, shadow accounting facilities the real-time analytics and flexibility to determine their own schedules.

Reasons that influences managers to hire the Shadow NAV Administrator

1.    Sorts out the pricing errors and provides accurate valuation

An inaccurate asset pricing often leads to market value discrepancies. The most prominent reason being, the data used by Investment Manager and the prime broker sometimes lacks authenticity or they might use the data from different resources. Additionally, having another set of books allows the administrator to add-on to the portfolio with a new pricing and valuation strategy. To conclude, the shadowing will help the hedge fund managers to make a well-informed decision while valuing the investment.

2.    Facilitates the speedy reporting

Shadow NAV Administrator can maintain their own set of records which further helps to facilitate the reporting requirements of senior management. On the other hand, the third-party administrators are bound to follow the service level agreements due to which they can’t meet the expectations of senior management to offer prompt reporting. Maintaining the alternate book of records allows the administrators to provide real-time information on the current status.

3. You get a holistic view of funds from different perspectives

Having a shadow accounting leads to reporting the strategies from multiple perspectives providing holistic previews of the performance. Hiring a NAV administrator is also important from the perspective of providing the accurate calculation to get investors so that their trust could be sustained.

4. Because investors prefer to have a shadow accounting

 Some investors and allocates strongly recommend the presence of Shadow NAV administration to shadow their funds’ evaluation. Having the one leaves a positive impact on the investors and provides the due diligence reports as well. Shadow accounting also becomes important to take a competitive lead by showing the increased controls.

5. Provides a clear picture of assets

With the introduction of the latest regulatory requirements, the investment managers have to maintain a consolidated and precise picture of their assets. The best example is Form PF, which includes the statistics like gross derivative positions notional value, investor concentrations across multiple portfolios, etc. By shadowing the accounts and records the process of verifying the data and populating the accounts becomes quite simple.

Ascent Fund Services – Your Trusted Shadow NAV Administrator

Hedge funds get vital autonomy with an accurate shadow accounting. With that, the data verification and rectification becomes quite simple. Moreover, the error can be identified at an early stage much before the situation gets severely complicated. For more information on shadow accounting, Real Estate Investment Funds, and hedge funds, you can contact the ASCENT Fund services and get the expert’s on the job. 

Source Url – https://ascentfundservice.blogspot.com/2021/02/shadow-nav-administrator-why-hedge-fund.html

How Variable Capital Company has Revolutionized the Global Fund Management

The Variable Capital Company (VCC) is the latest and innovative fund management strategy which has brought Singapore to the forefront of global investment services. It has provided many opportunities for the VCC fund administrator to manage the fund and support the related activities. VCC is a legal framework provided for investment funds that need to be domiciled in Singapore. It intends to offer an alternative for the existing fund or collective investment schemes like partnerships, unit trust, cooperations, etc.

Some of the notable key features of VCC includes:

  •   VCC is set up as a single stand-alone fund or as a main VCC with multiple sub-funds.
  •   VCC can be used as a traditional or alternate fund strategy in closed/open-ended forms.
  •   In the tax aspect, it will still be considered a regular Singapore company.

What has made Variable Capital Company so powerful?

Several reasons have made VCC the most powerful and stable fund strategy. It has been recognized as a well-run investment center in all of southeast Asia. VCC has turned a few of the developing countries into the global investment spotlight. A most notable example is Singapore, which has become the global investment hub due to VCC’s inclusion. Besides making Singapore a global investment force, Variable Capital Company has created this Asian country stand in line with other leading tax heavens.

1.    Benefits to investors due to VCC 

The foremost reason VCC has become so powerful is because of the benefits investor gets due to VCC’s introduction. Let’s have a look at it.

  • Once qualified for the enhanced tier fund scheme or the Singapore resident fund scheme, the investors can avail of tax-free income from eligible VCC funds
  • A variable capital company is a legal entity which means which VCC can act for and on behalf of itself without appointing any trustee. It makes VCC offer much more freedom than the unit trust or similar entities.
  • VCC can issue and redeem shares without taking approval from shareholders. That way, it provides flexibility to investors as they can exit their investments if they wish.
  • VCC can also issue dividends using its capital if required. It gives an extra edge to VCC over other companies that offer dividends only on the profits.   

2.    Benefits to fund administrator or manager due to VCC

VCC is a structured approach that offers flexibility to investment possibilities for fund managers and the VCC fund administrator in Singapore. The following are the key benefits of VCC in this regard.

  • In VCC, the sub-fund assets and liabilities can be separated from other sub-fund with the same VCC framework. That way, the VCC is used as an alternative to multiple companies.
  • The sub-funds within VCC makes the funds manager legitimately competitive with other fund managers in the world.
  • Moreover, the VCC sub-funds can share the board of directors and use the same service providers like VCC fund administrator, custodian, etc.
  • In case VCC acquires another VCC, then the original one can use the customer due to diligence research already done by the acquired VCC.

3.    Benefits to local fund service providers due to VCC

The previous fund service providers, who have put in their efforts for trust, private companies, or limited partnerships, also benefit from VCC’s introduction.

  • Due to a new power-packed tool, the fund service providers can expect a significant rise in the business inflow.
  • The fund service providers can re-domicile their offshore funds as VCC, and their clients will get the same benefits as they were getting before.
  • VCC follows all the business ethics and values of the existing fund service providers that, too, in the same way, they were treated before VCC.
  • VCC saves the time and money of fund service providers in administration and other preparations.
The bottom line 

Undoubtedly, Variable Capital Company or VCC is power-packed global fund management that comes with many benefits to investors, VCC administrators & managers, and local fund service providers. Compared to the existing partnerships, unit trust, limited partnership companies, the VCC permits more flexibility, be it in the aspect of healthy ROIs or distributions. In order to get the customized solutions to meet the expected requirements, it would be way better to get administration facilities from a reliable Venture Capital Fund Administrator. If you have any queries or need any clarity, get in touch with the support team for 24/7 assistance.

Source Link- https://ascentfundservice.blogspot.com/2021/02/how-variable-capital-company-has.html

Does Fund Administration require outsourcing of a Specialist?

The complex concept of investment is understood easily only by an expert independent fund administrator. The external pressures and the complexity of significant intel operations have made it important to outsource fund administration services especially in the private equity, real estate and infrastructure sectors. This article will help you understand whether fund administration needs an Independent Fund Administrator, Alternative Investment Fund Administrator or is best when done on your own. 

So, let’s take all the important points into consideration before reaching the final conclusion and see why managers are re-working on their operating models.

The surge of Regulations and Subsequent Reporting

The funds investment industry is surrounded by various complicated rules and regulations which keep on changing with time. These regulations are enacted by various firms together in agreement to certain Common Reporting Standards (“CRS”) to promote transparency. However, it is hard to keep up with regulations and reporting with all the formalities as it involves detailed reporting and documentation of matters in an understandable format applicable to everyone involved. Therefore, the whole investments of funds process are to be handled by professional delegates having expert knowledge in the matter.
For proper adherence to these rules and regulations, fund managers either need high-end resources and time to do it all by themselves or rely on external fund administrators responsible for keeping up with the ever-changing regulations.

Earning Trust of Investors & Getting maximum returns from investments 

Expectations of a fund manager investor’s base are extremely crucial. To avoid the practice of any fraudulent activities in the investment industry, the demand rises for independent fund administrators to be appointed along with the Alternative Investment Fund Administrator for consistent, well-documented, independent valuations of funds.
This will primarily ensure faultless paperwork and remarkable growth in the fundraising activities as the managers will partner only with the experienced players and reliable fund administrators in the market.

Hiring external delegates only for fund administration ensures their undivided attention in the investments made which is quintessential for good returns of investments. They don’t get distracted by other not so important back-office work and focus only on maximizing the returns. On the other hand, the efforts and focus are compromised when managers manage to handle the funds investments and the operations in their office on their own. Simultaneous working in various fields distracts them from doing the things with perfection causing them losses in funds.

Streamlining Operational Costs & Increasing ROI

When companies choose administration of funds on their own, they employ fund managers and overload them with back-office operations comprising regular maintenance of technological platforms, marketing strategies and a considerable investment of time and money in human capital. Though these responsibilities are important they are also non-revenue generating. 

On the other hand, hiring specialized independent fund administrators will cost much less as the administrator is able to leverage the operations on his own, servicing all the fund investments and growing his profile.

Now is the time to make the call

While this article helps you in making the final decision about outsourcing independent fund administrators in addition to Alternate Investment Fund Administrator. It also highlights how critical it is to continuously manage fund investments preventing and fraudulent activity or errors in the detailed reports. Therefore, managers must make the decision to put every aspect on the focal point as the statement “ one size fits all” fails in this situation.

Source Link – https://ascentfundservice.blogspot.com/2021/01/does-fund-administration-require.html

What Is Crypto Fund Administrator? How Does It Work?

The Crypto Fund Administrator is an outsourced third party service provider that enables digital strength fund managers to concentrate on managing their portfolios by taking better care of all administrative tasks which are quite essential to run a fund. Basically, it protects the interest rate of stockholders by individually verifying the assets and valuation of the fund. By outsourcing the fund administration function, fund managers are allowed for self-determination in order to focus on portfolio management internally. Generally, fund administration has collectively two parts: fund accounting and the activities of registrar/transfer agent.

A Fund Administrator’s Activities include, but are not inadequate with, net asset value (NAV) calculations, financial reporting, preparation of reports for stakeholders, accounting services, managing fund bank accounts, and compliance monitoring as well as reporting. However, Crypto Fund Administrators perform the same functions but for investment funds that are investing exclusively in digital currencies and tokens. In the current era, there are around half a dozen crypto fund administration service providers, ranging from already established financial institutions to recently launched Startups.

The Traditional Role Of A Fund Administrator Offering The Following Services:

Net Asset Value calculation (NAV) will be done on daily, weekly and monthly basis time to time

  • Calculation of the fund’s income and expense accumulations and the pricing of securities at current market value
  •  Financial reporting
  •  Financial statement management and inventory connection
  •  Opening and controlling bank accounts fund
  •  Report management for investors
  •  Resolution of the broker, custodian, bank and investment manager statements
  •  Accounting facilities; maintenance and filing of the fund’s financial books and records
  •  Payment of fund expenses
  •  Expenditure of regular purchases and sales of securities ensuring collection of dividends and interests
  •  Calculation and payment of dividends and distributions to the transfer agent or registrar
  •  Preparation and filing of local regulatory body filings/reports
  • Pricing the portfolio of the fund
  • Calculation of the total returns and other performance measures of the fund
  • Compliance and anti-money cleaning monitoring and clearing reporting
  • Supervision of the orderly liquidation and termination of the fund if necessary

Key Items Proffered By The Best Corporate Solutions Provider
There are few key items offered when selecting the Corporate Solutions Provider. And each of the items should be part of manager’s payable attentiveness process when looking for a suitable partner. Let’s have a glimpse of the following statements:

  1. Strong operational infrastructure and internal controls
  2. Shareholder administration
  3. Quality of systems, automation and straight through servicing
  4. Scalability and expertise
  5. Provision of corporate secretarial and directorship services

As the fund industry continues to grow and managers seek new ideas to spread their portfolios to give stakeholders 100% satisfaction, choosing a fund administrator will be fruitful and driven by the difficulty of the products on offer and response to development in fund requirements.

Fund administration across various quality classes can somehow fluctuate intensely due to the nature of investment activity. Calculation of fund transfer can be complex depending on the fund management; however the activities can be performed on the strategy, structure and volume. For example long-only fund managers and hedge fund managers are needed several dissimilar services and therefore specialist capabilities are vital to the smooth operation of a fund.  Partnering with an independent Corporate Solutions Provider summarizing with real expertise in both the fund’s asset class but also with having deep knowledge and understanding of the fund’s jurisdictional regulation wherever it can be placed in the world can truly impact the success of a fund. Therefore, assessment and reassessment of the effectiveness of a fund’s administrator provider is very much essential.

Source Link – https://ascentfundservice.blogspot.com/2020/11/what-is-crypto-fund-administrator-how.html

Why is Shadow Accounting Essential to Run a Hedge Fund?

The fast-paced industry has made shadow accounting a not to ignore factor in running the hedge funds. Shadow accounting brings a lot of competitive benefits such as it enhances transparency, helps Shadow NAV Administrator catch errors apart from delivering excellent operational independence and security. However, the infrastructure cost and complexity involved in shadowing made only the best-resourced hedge funds to fully utilize shadow accounting.

Nevertheless, that’s not true now. With the change in industry trends, the demands have entirely flipped to the next level. The technology advancements and enhancements in service delivery made shadowing within all the hedge funds’ reach.

Whether you run a small hedge fund or a bigger one, shadow accounting is within your limits. Here are the reasons why shadowing is an essential factor in running the hedge fund.

Four reasons that make shadow accounting a priority for hedge fund

1. The client expects the best services

Every client wants high-quality services in the quickest possible time. The investors also look for the firms who can eliminate the market risks and mitigate the operational errors. Aligning with this thought, the shadow accounting infrastructure offers transparency, accuracy to eliminate the mistakes and ultimately enables the hedge fund to manage and control the risk. Additionally, with shadow accounting, the fund administrator gets a supporting factor to eliminate the probable errors.

Besides, the allocators are also expecting vast & informative reporting and timely delivery. In fact, most of the allocators can’t even wait for the month to end or beyond for the NAV pack from the shadow NAV administrator. These rising expectations have one solution – shadow accounting. It equips the managers with all the data they need, prepares reports and sends them for further action without having to wait for the official records from the fund administrator.

2. Meeting the investors due diligence demands

A robust shadow accounting infrastructure impresses the investors and satisfies their due diligence demands, thus enhancing the chances to attract great inflows. That becomes more significant in today’s fierce competition, where every firm has devised great strategies to attract potential investors. You will have to stand out by building your best-showing infrastructure. 

Even before listening to the portfolio manager’s fund management strategy or the product USP, investors want to know that their money is in safe hands with adequate accountability. It is required from the firms to keep their accounting fundamentals in the right place. One misaligned information in the due diligence report will result in proposal refusal from an investor.

3. Shadow accounting improves the fund’s infrastructure

Another critical factor that crops up the need for shadow accounting is enhancing the fund’s performance and building a robust fund infrastructure. The real-time, accurate, and direct access to the accounting book of records provides a vital and valuable fund infrastructure foundation. 

Such a strong foundation helps take a well-informed decision from a consolidated data store, which is up-to-date as per the accounting standards. The entire process enhances the management information reporting, front-office tools and risk mitigation functionality of the firm. All these factors impact the investor’s decision making and articulating the competitive edge to the allocators.

4. Shadowing provides flexible operational activities and independence

Indeed shadowing provides operational flexibility to the firms, allowing them not to rely too much on third-party administrators. Along with flexibility, shadow accounting mitigates the fund’s risk. Besides, shadowing gives an independent approach to thinking and knowing whether you are getting reliable information.

An accurate shadow NAV administrator accounting is bliss for a hedge fund. It helps in data verification once hedge fund managers receive the information, identify the potential threats and fix the error if any. To be precise, hedge funds get full control over their data and have the mobility to proceed the way they want to.

The Bottom Line

Our verdict is that the shadow accounting system benefits several small departments, centers and more prominent firms through financial accounting and departmental management systems. With the help of the Best Global Fund Administrator, you can enhance your true shadow accounting capabilities to the topmost market quality. Running a hedge fund will be an easy task once you implement the shadowing effectively.

Source Link – https://ascentfundservice.blogspot.com/2020/10/why-is-shadow-accounting-essential-to.html

Why Hire Private Equity Administrator?

The Administrator provides many different services, although every administrator has not the same characteristics, there is much difference in between them. The difference may vary according to the resources, firm size, and many other factors. Normally the administrator gives you an estimated advantage over the large firms.

Normally a good and well known Private Equity Administrator has SOC1 that is Audit Report generally known as System And Organization Control Report. This report shows the control of the Administrator over Service Organization. This report gives the assurance of the Administrator that they are following the proper procedure and the Administrator is having control in order to ensure that you are getting the best services.

Mostly the Administrator should range the services and directions according to the business requirement. They give proper motivation to increase your skills and build a better portfolio that gives you the strength to reach your goals within a short span of time.

Advantages To Hire Private Equity Administrator

So, there are some benefits to hiring a Private Equity Administrator. There are some advantages of a Private Equity Administrator by which you can get the effective benefits in your organization for better enhancement. Some factors make a difference to one Administrator to another Administrator.

  • Skills of Administrator

Many administrators having skills that give the high flies to there business, split up the best from the others. The Administrator provides to industry the best leading technologies and quality services to give the highest level to organizations. They provide extended knowledge and resources to the team far away from the other managers and fund investors. They provide the best solution and guidance to the team in every different circumstance.

You just need to be comfortable with the other team members of the administrator in terms of the ability to work, skills, and any other parameters. However, the Independent Global Fund Administrator containing a team of dedicated nature with a deft knowledge and having a support of funds from the low level of startups to the upper level of responsibilities. The team of the best administration contains the experts with having the experience of 10-20 years in the domain of accounting, fund administration, and management of the business.

  • Proffer Advance Technologies

The top-notch Private Equity Administrator provides the technology platform to their customers that make a stronger portfolio in terms of investor portal and a customer self- service reporting portal. The Administrator offers the describe portal with the best dashboards that would be flexible accurate information to the internal and investor reporting. They provide the information to the latest technologies required in the team management and in the organization. Additionally, they should have a solution to the disaster of documentation with the continuity of the business plan to assure that they will provide continuous services without any breakage.

  • Work as a Supporting System

The most important is to provide better support to grow your firm and to gain more profit from the business that returns to investors of the firm. General business partners mostly focus on the investments and if required they will add the extra value to them. And others focus on the other requirement of the firm like business arrangement strategies, investment in driving, and other activities. The best administrator motivates its clients and gives strength, and continuous constant support. Hence, GP can continuously increase the investment value to the business.
Nowadays the firms are experiencing unpredictable growth to the business that growth may depend upon the different factors of the administrator. The Private Equity Administrator offers constant support to the business and the team to increase their capacity that is important for continuous growth to the business. In the end, the selection of right and profitable administrator depends upon you and it is your personal choice. But, for choosing the fund investors is a very tough tasks as they should take many responsibilities to the growth of the organization.

Connect With Us to Know More About Private Equity Administrator

 Above we have explained the different features and characteristics of a Private Equity Administrator. The above explanation will give you the better ideas about the administrator, and what are its impacts. If that one is not sufficient for you, then contact us to get more knowledge regarding Private Equity Administrator. Eventually, we deliver the effective ideas so that it would be easy for you in a way to avail the best Independent Global Fund Administrator Service. 

Source Link – https://ascentfundservice.blogspot.com/2020/09/why-hire-private-equity-administrator.html

Hedge Fund Administrator- What Are Its Role And Responsibilities

Generally, administrators established their organization for delivering top-notch quality services at an affordable rate. So, when we talk about Hedge Fund Administrators, it has the same function. Hedge fund administration implicates keeping the records of a fund’s effects, calculating its net asset value per share, processing share applications and redemption, providing shareholder services, and financial reporting.

The judgment of Hedge Fund Administrator on the basis of its NAV calculation, Shareholder administration, and corporate secretarial services.

Additionally, Hedge Fund Administrator is free to use the imitative things, small positions that are small in size are made by the potential of a Hedge Fund Administrator use the support systems. There must be a record of incoming and outgoing cash with the account of the broker.So, here we can see some important roles and responsibilities of Hedge Fund Administrator. But, the responsibility of the administrator is not only limited to these given points only.

1. It calculates the Net Assets Value(NAV) belongs to different commercial fields that include different banks, businesses, companies, and government, etc. 

2. It gives the financial transaction record to the business that includes the various different processes. On the other hand, it also provides labor to the companies    that produce the required product for the business. 

3. To see the financial transaction affirmation, and to fill the required details including any reports and SEC documentation. 

4. The administrator distributes the close relationships between the different organizations like in between investor and broker and the different service providers. The service provider provides different types of services related to business and organizations. They are basically Corporate Solution Provider

5. It checks, gives the confirmation, calculates the fees and cash transactions for the payments of online purchases. 

6. It makes certify to the fair price of the instruments So, the job roles of Hedge Fund Administrator is not only bounded to these points. Some other points are also included in their role.

Normally, there are three types of Hedge Fund Administrator

Small firms Administration: These kinds of organizations normally containing one or two people to do certain work. Small firms administrators are limited to small areas only in order to do particular tasks. These are normally included with the startups’ client. They are started with a small amount of money compared to other firms. They are the administration that is very less in cost for the start-up hedge fund. In addition, they are providing the best services to there customers.

Medium firms Administration: these are established in the large area having a large infrastructure. Normally the medium-sized firm is experienced with 10-14 years in the organization. The range of clients in this firm is from $50 to $500 million.
The start-up fee of medium firms is $1,500 or more than this, depends upon the exact size of the organizations.

Large firms Administration: they are large in size and well established under the hedge fund industry, and running the business. These kinds of firms normally having the banks and the large size of national or international banks. It requires a huge number of funds and many clients require large hedge funds. The cost of funds is high as compare to other firms’ administrations. Offshore hedge fund Administration- it normally refers to the administration of an offshore hedge fund. It is more difficult than others because the fund fees of this can be organized in various different ways. So, in this many uncertainties takes place during the process of the structure.


Well, as discussed above the Hedge Fund Administration provides a record of different funds, it has many responsibilities. It usually keeps financial record, assets records, and provide different shareholders services. To gain information about the hedge Fund Administration, read the complete information mentioned overhead which is simply be understandable in a short span of time.  

Source Link- https://ascentfundservice.blogspot.com/2020/09/hedge-fund-administrator-what-are-its.html

Create your website with WordPress.com
Get started