Our Services
Fund Structures
Fund Launch
Drawing on experience from numerous fund launches, we enable managers to devote more time to fundraising by ensuring that fund administration aspects do not take up unnecessary time.
Capital Contribution and Distribution Processing
Preparation and review of individually designed Contribution and Distribution Notices to be communicated to Investors. If required, we will also prepare notices in adherence to the ILPA standard while also ensuring compliance with fund organisational documents, accounting and regulatory standards. Including but not limited to:
Subsequent Close Equalisation
Ensuring that Equalisations are not just a process but a fair and LPA-compliant calculation.
Carried Interest Calculations
Well-versed in Carried Interest calculations for a wide range of fund structures, including variations of the American or European Waterfall Model.
Fund Reporting
Fund reporting in accordance with fund documentation and adherence with ILPA or Invest Europe guidelines while respecting the Fund’s visual identity.
Investor Communications
Distribution of material as well as handling of Investor enquiries regarding Fund Financials and performance.
Regulatory Fillings
Supporting all regulatory reporting required by local regulator such as FATCA and CRS, AIF reporting etc.
Fund Manager
Payroll Processing
Payroll processing, ensuring that remuneration and holidays are handled accurately and timely.
Travel and Expense Reporting
Assisting in establishing best practices for travel and expense reporting along with the associated accounting. Frequently underestimated as a critical domain, travel and expense management can pose risks for managers. Leveraging our experience, we aid in creating and maintaining a procedure that mitigates such risks.
Regulatory Fillings
Supporting with all reporting required by local regulators such as AIFMD reporting etc.
CFO Support
We offer a supporting role to CFOs or Managers without a CFO. We support to better plan for changes caused by Fund events, such as the ratchet down of management fee income. We offer guidance on critical best practices, ensuring that the firm is established with the necessary foundations to fulfil its fiduciary responsibilities from day one.
Feeders, GPs, Carried Interest and Other SPVs
Most Fund structures will include Special Purpose Vehicles (SPVs) such as Feeder Funds, General Partners, Carried Interest Vehicles and in some instances Co-Investment Funds or Portfolio Investment holding companies. Each entity type necessitates distinct reporting or filing requirements, services which we are pleased to extend.
General Services across all entity types
Accounting and Reconciliation
Financial records maintenance and assistance with everything from accounting to the preparation of financial statements
Cash Management and Banking Transactions
Support cash management by reviewing and processing invoices in accordance with the Standard Operating Procedures, and preparing bank transactions for payment of invoices and other distributions.
Cost Allocation - Intercompany Billing Between Entities
Ensuring the accuracy and validity of any expenses charged to the Fund is a critical fiduciary responsibility for Fund managers. Sound Fund Services will ensure that cost allocation is done in accordance with Fund Documentation and that accurate records associated with these affiliated transactions are kept.
AML and KYC Services
Compliance with Anti Money Laundering regulations is a critical fiduciary responsibility, which we are pleased to support through.
Board of Director Services
Providing a Director with expertise in your industry to oversee compliance with local laws and regulations.
Company Secretarial
Sound Fund Services is well-equipped to facilitate the management of your corporate entities post-incorporation ensuring adherence to local laws and regulations. Including but not limited to providing registered address, fillings to Business Authorities, maintaining up-to-date records, coordinate board/shareholder meetings, and ensure the proper documentation of minutes.
Fund Structures
Fund Manager
General Services across all entity types