Depositary

Licensed in accordance with article 46(3)

At Sound Fund Depositary, we provide the full range of depositary services permitted under the license for closed-ended Alternative Investment Funds. We understand the unique dynamics of AIFs and deliver tailored solutions to safeguard assets and protect investors’ interest.

Cash Flow Monitoring

Effective cash flow monitoring is crucial for maintaining the financial integrity of your fund. We offer comprehensive services to oversee all cash movements associated with your AIF.

Daily Reconciliation

We perform daily reconciliations of cash transactions to ensure accuracy and detect any discrepancies promptly.

Transaction Oversight

Our team monitors all cash inflows and outflows, verifying that investor subscriptions and other transactions are processed correctly.

Irregularity Detection

We identify and report any unusual or suspicious activities, safeguarding your fund against potential risks.

Ownership Verification and Record-Keeping

Closed-ended AIFs often invest in assets that cannot be held in traditional custody. Our focus is on verifying ownership and maintaining precise records of these assets.

Asset Verification

We confirm the existence and ownership of each asset, ensuring that titles and legal documents are valid and up to date.

Comprehensive Record-Keeping

Our meticulous records provide a transparent and accurate account of all assets held by your fund.

Regulatory Compliance

We ensure all records meet regulatory standards, providing peace of mind for fund managers and investors alike.

Oversight Functions

Our oversight services are designed to ensure your fund operates in strict adherence to its constitutional documents and regulatory obligations.

Operational Compliance

We monitor your fund's activities to ensure compliance with investment guidelines, restrictions, and leverage limits.

Valuation Oversight

We verify that valuation policies are consistently and appropriately applied, ensuring accurate Net Asset Value (NAV) calculations.

Settlement Monitoring

We oversee the timely settlement of transactions, ensuring that all deals are executed within customary periods.

Income Distribution

We ensure that income allocation and distribution are conducted according to your fund's rules and legal obligations.

Why Choose Us?

Experience: With prior experience working across a variety of fund strategies including Buy-out, Real Estate, Fund of Funds, Life Sciences, Energy Transition, Infrastructure and Venture Capital, we possess specialized knowledge to effectively support your fund’s unique requirements.

Innovative Oversight procedures: We have developed a specialized oversight process that enhances the efficiency and accuracy of our monitoring functions. This enables us to provide meticulous oversight of your fund’s activities, ensuring compliance, both operational and regulatory, thereby boosting investor confidence.

Customized Solutions: We understand that every fund is unique. That’s why we offer services tailored to meet the specific needs of your fund. Our flexible and responsive approach ensures that you receive the support you need, when you need it. Whether its adapting to specific regulatory requirements or addressing operational challenges, we are committed to providing solutions that align with your objectives.

MAGNUS KLITGAARD

Head of Depositary

Get in Touch

Discover how we can support your closed-ended AIF with our specialized depositary services. Contact us today to learn more.

Contact me

mk@soundfundservices.com +45 2678 6728