At AFA our goal is to help clients navigate the process of efficiently structuring their fund from the outset. For both onshore and offshore funds, our team of highly experienced professionals, including attorneys and certified accountants, provide direction on the comparative advantages of the most complex legal and fiscal structures along with assistance in developing new structures to fit investors' specific needs. AFA is experienced in helping to establish all types of investment vehicles such as hedge funds, private equity funds, multi-manager funds, funds of funds, managed accounts and partnership structures. Complete turnkey fund establishment services include:
• Advice and guidance on the set-up of a fund from the Fund Administration perspective, with specific consideration given to legal, regulatory and tax issues, as well as investment objectives
• Assistance with incorporation of an offshore legal entity in the jurisdiction selected with consideration given to fund specific circumstances
• Collaboration with both US/UK as well as offshore attorneys in the set-up of US and offshore funds
• Obtaining licenses and regulatory approval as required
• Assistance in the drafting of offering documents
Check out our service offerings for hedge funds and learn about what makes AFA different:
- Long / Short Equity Funds
AFA provides investment managers trading in long/short equities a full service fund administration offering at very competitive rates. Our SunGard VPM fund accounting platform enables AFA to provide efficient fund accounting and report customization to support long/short equity fund managers and investors alike. AFA’s accounting platform is fully integrated, without the use of excel workbooks, and utilizes a double-sided general ledger to provide complete transparency and cost effective audits.
- Funds of Hedge Funds
Unlike many fund administrators, AFA has a dedicated and tailored offering for Fund of Hedge Funds (FoF) clients. We understand the needs of FoF's and their investors and therefore can specifically address these items. Click here to learn more.
AFA provides comprehensive shareholder and accounting services, structured to meet the needs of our Fund of Hedge Fund clients. Our FOHF Services are conducted on SunGard®’s Investier platform and include:
• Fund Valuation Processing
AFA can accept and store estimated and final valuations from your underlying fund managers based on gross rate of return, net rate of return, or net asset value. We also have the capability to process information from all underlying investments made by the investee fund, both at the fund level in addition to the underlying securities.
• Portfolio Management
In order to provide the client with the right tools and information necessary to manage their portfolio, AFA can provide daily, weekly and monthly profit & loss information for both separately managed accounts and investments in funds.
• Subscriptions/ Redemptions Processing
AFA manages the complete process for subscriptions and redemptions in underlying fund investments. AFA will work with the investee fund's investment manager and their fund administrator to coordinate the delivery of all documentation, cash transfers and confirmations.
- Complex Funds and Structured Products
Over the past two years many funds and investors have stayed away from complex asset classes and structured products. But these items are starting to come back into favor and there is certainly opportunities to be siezed upon in these markets. From mortgage products to bank debt we have experience with these products and the expertise to design a custom administration offering to meet your needs.
