HNW Partners Banner Fund Administration

Services

HNW provides a range of services to funds, special purpose vehicles, joint ventures, carry vehicles, co-investment vehicles and management companies. Our services include:

Set up

  • Assistance with fund formation;
  • Anti-money laundering (AML) and Know Your Client (KYC) limited partner / investor verification;
  • Review of operational documentation
  • Introduction to intermediaries including legal advisers, auditors and tax advisers;
  • Opening of bank accounts;
  • Set up of general ledger and mapping to underlying charts of accounts;
  • Investor reporting tailored to fund manager specification incorporating industry best practices; and
  • Introduction of independent non-executive directors.

Administration

  • Maintenance of limited partners’ capital accounts;
  • Upkeep of company or partnership registers;
  • Maintenance of limited partners subscriptions / investor contacts;
  • Calculation of capital calls, distributions and transfers of limited partners interest;
  • Timely response to limited partners / investors questions;
  • Independent carry calculations in line with LPA;
  • Administration of issues and redemptions;
  • Oversight of the investment process ensuring alignment to investment criteria set out in the LPA;
  • Provision of registered office and company secretarial services;
  • Preparation of regulatory filings;
  • General Partner (GP) meetings;
  • Processing of statutory returns;
  • Ongoing compliance with anti-money laundering requirements;
  • Tax, CRS and FATCA reporting where required.

Accounting

  • Investor reporting;
  • Preparation of financial statements;
  • Maintenance of full accounting records of the fund including nominal ledger;
  • Calculation of net asset values (NAVs);
  • Calculations of fees and accruals;
  • Facilitating payment of fund level expenses;
  • Oversight and coordination of the audit process;
  • Provision of information required for tax returns; and
  • Coordination of information from property or development managers.

HNW also provides a range of services to special purpose vehicles (SPVs):

Administration

  • Registered office and company secretarial services;
  • Maintenance of statutory records;
  • Board meetings and annual general meetings (AGMs);
  • Preparation of board packs and board minutes;
  • Anti-money laundering (AML) and Know Your Client (KYC) limited partner / investor verification;
  • Provision of directors; and
  • FATCA reporting.

Accounting

  • Periodic management reporting;
  • Production of annual financial statements; and
  • Coordination of audit.

Sectors

Portfolio

Private Equity Fund

We are here to provide a safe pair of hands for private equity fund managers and
institutional investors, enabling clients to leverage our global network through a single point of contact…

Portfolio

Real Estate Investments

Both the structure of real estate investments and the funds themselves can be complex. You need to bring together information from multiple sources to see the lay of the land, and then transfer…

Portfolio

Venture Capital Fund

As investor demands increase and regulation continues to evolve, venture capital fund managers must find a way to instil operational efficiency throughout their operations…

Portfolio

Infrastructure Fund

Our expertise in fund mechanics, accounting and regulation enables us to provide efficient solutions to the operational and reporting challenges common within infrastructure…

Portfolio

Private Debt
Fund

By acting as an extension of our clients’ operations team, we provide a tailored one-stop shop administration solution that enables our debt fund clients to
focus on delivering returns…

Portfolio

Regulatory Reporting

FATCA and the Common Reporting Standard (CRS), automatic exchange of information (AEOI), substance requirements and the need to be on certain trust or beneficial…

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