Fund Administration
Efficient back-office operations are vital for managing alternative assets. Outsourcing allows fund managers to focus on investments. At Sound Fund Services, we offer comprehensive support across all aspects of fund operations, in both Denmark and Sweden. Ensuring efficiency and accuracy in alignment with industry standards.
Fund Launch
Drawing on extensive experience from numerous fund launches, we enable managers to focus on fundraising and strategic decision-making by handling critical administrative and operational tasks.
- Feedback on Fund Operation aspects of the LPA
- Investor Due Diligence Support
- Compliance and coordination with KYC and AML requirements
Capital Contribution & Distribution Processing
We specialize in the preparation, review, and issuance of Cash Call and Distribution Notices tailored to your fund’s requirements.
- Customized Cash Calls and Distribution Notices
- Investment Allocations
- Cost allocation
Subsequent Close Equalization
The equalization process is crucial to maintaining fairness and compliance with the LPA.
- Capital Due and Equalization Interest calculation from New Investors
- Processing returns of Capital to Existing Investors and re-allocation of Investment Allocations
- Comprehensive Audit Trail Documentation
Fund Administration, Reporting & Investor Communications
We ensure that all reporting aligns with fund documentation and respected industry guidelines, such as ILPA and Invest Europe, while preserving the fund's unique visual identity.
- Cost allocation in accordance with fund documentation
- Assistance in the allocation of distribution of proceeds in accordance with the Fund Waterfall
- Reconciliation of portfolio and capital accounts
- Preparation and distribution of quarterly investor reporting
- Handling investor inquiries related to fund financials and performance
General Services Across All Entity Types
We offer a range of services to the entity types that typically co-exist in fund structures, such as Personal Holding companies, SPVs, Feeder-funds, parallel funds.
- Continuous Accounting and Reconciliation
- Management of Intercompany Balances
- Management and coordination of the audit process
- Payroll Processing
- Expense and Banking Transaction Management
- Filings to Danish authorities
- Archive and Storage in accordance with applicable laws and regulations
Fund Manager & CFO Support
At Sound Fund Services, we provide comprehensive support tailored to fund managers, whether or not they have a dedicated CFO. Supporting them with best practice guidance and establishment of operational procedures and policies, allowing managers to focus on value creation and optimizing investment performance.
ALEXANDER SCHRØDER
Partner
Get in Touch
Discover how we can support you with the administration, so that you can focus on what is important – managing your fund.