Accounting Services For Fund Managers In Cayman Islands

AFA is a SSAE 16 II compliant fund administrator offering a comprehensive and cost effective solution to hedge fund managers, remaining flexible in providing fund administration services to address varying client needs. With offices in the Cayman Islands and United States, our expertise services all types of hedge fund structures and investment instruments including Arbitrage, Emerging Markets, Event Driven, Fixed Income, Fund of Hedge Funds, Futures and Options, Global Macro, Long/Short Equity, Venture Capital, Real Estate, Life Settlements, Market Neutral, Multi-Strategy, PIPEs, Distressed Debt, Loans, etc. A critical factor separating AFA from other fund administrators is our extensive knowledge of the hedge fund industry and our commitment to fully understand a fund’s structure and investment strategy, while ensuring the governing fund documents properly reflect these economics prior to the commencement of operations.

Our Accounting Services

  • Generation of NAV package on periodic (monthly, quarterly, etc.) which includes details about portfolio holdings, profit and loss, account balances, and performance
  • Position and Cash reconciliation with all custodians, prime brokers, and counterparties
  • Tracking of portfolio activity at a tax lot level and ability to select lot pair off methods for tax purposes
  • Calculation of an annual expense budget and monthly accruals
  • Delivery of reports to fund managers in all formats (.pdf, .xls, .csv, .xml, .txt, etc)