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