About Us

AFA is a SSAE16 Type II SOC I compliant fund administration firm, audited annually by BDO.

AFA is a SSAE16 Type II SOC I compliant fund administration firm Advanced Fund Administration (“AFA”) is a privately owned hedge fund and private equity fund administration firm established in the Cayman Islands in January 2008 by Peter M.O. Young. In September 2009 AFA expanded its global footprint into the United States by opening its Summit, New Jersey office trading as Advanced Fund Administration LLC, and in November 2014 established an office in BVI, trading as Advanced Fund Administration (BVI) Ltd. AFA is also rolling out a Luxembourg based solution to meet the fund administration needs of our European based clients electing to domicile in Luxembourg.

In 2013 AFA expanded its service offering to include offshore legal services via AFA Legal Resources (Cayman) Ltd, as well as launching AFA Advisory Services to address the needs of early stage fund managers.

In 2013 AFA expanded its service offering to include offshore legal services via AFA Legal Resources (Cayman) Ltd, as well as launching AFA Advisory Services to address the needs of early stage fund managers.

AFA is a SSAE 16 Type II SOC I compliant, boutique fund administration firm providing comprehensive and cost effective fund administration solutions to all types of fund structures and investment strategies. The core of AFA’s service combines robust technology and experienced staff, offering clients personalized service and continuous access to AFA’s Executive Management. AFA values each client relationship and prides itself on partnering with its clients throughout the fund lifecycle and beyond.

Who We Are

Established in 2008, Advanced Fund Administration (“AFA”) is a SSAE16 Type II compliant hedge and private equity fund administration firm with offices in the United States, Cayman Islands, and the BVI.

AFA is a core member of the Young & Young Financial Services Group (the “Group”) providing a wide range of global financial services to high net worth individuals and large institutions and premium start-up clients through its network of member firms.  The Group has a physical presence in a number of key financial jurisdictions, and through its constituent members, services approximately $300 billion in aggregate client assets.

AFA offers a “boutique” approach to fund administration, providing comprehensive and cost effective solutions to all types of fund structures and investment strategies. AFA utilizes PFS-Paxus a fully integrated, multi-currency platform providing Straight-Through- Processing and complete transparency, while PFS Connect, a secure web-based portal, delivers robust reporting to investment managers and investors. AFA values each client relationship, partnering with our clients throughout the fund lifecycle and beyond to address the complexities and challenges of their business and design solutions that meet client needs.

Fund Administration:
  • Fund Accounting
  • Investor Services
  • Cash Management Services
  • Year-End Financial Statement Preparation and Audit Assistance
  • FATCA Reporting and Regulatory Reporting Assistance
  • Shadow Accounting/ Administration
  • Registered Office Services
Legal & Fiduciary Services:
  • Fund Document Preparation and Incorporation of offshore entities (including companies, trusts and partnerships)
  • Director Services
  • Private Client & Trusts and Corporate Trustee Services
  • Nominee Shareholder Services
  • Corporate Secretary Services
  • Corporate Commercial
  • Virtual Office Services
  • Liquidation Services
Advisory Services:
  • Website Design & Hosting
  • Pitch Book and Tear Sheet Design and Maintenance
  • Business Development and Marketing
Compliance Services:
  • Through its affiliated compliance partners, AFA offers the following:
  • Outsourced Compliance Program
  • Regulatory Filings – FINRA, NFA, and SEC
  • Regulatory Examination Preparation and Management
  • Audit and Testing – annual compliance program audits and policy audits
  • Compliance Policies – code of ethics, compliance manual, business continuity & disaster recovery
AFA Emerging Manager Platform (US Onshore & Cayman Offshore):

The AFA Emerging Manager Platform offers early stage fund managers a cost effective turnkey solution, providing the necessary infrastructure to support a new fund launch while minimizing fund start-up costs. Fund managers receive a high quality service from top tier SSAE 16 Type II compliant service providers at significantly reduced rates. Services include legal, prime brokerage, fund administration, advisory, audit & tax, and compliance.

Contact:
United States:
Peter Young
Tel.: (908) 273-4545
Email: pyoung@afaservices.com
 
Cayman Islands:
Peter Young
Tel.: (345) 943-4232
Email: pyoung@AFAservices.com