Our dedication to the alternative investment fund industry means our teams have extensive knowledge of the technical and operational factors necessary to support expectations from both general and limited partners. Our teams are focused on the administration of private equity, real estate, and debt structures.
We manage the process of getting complete structures up and running from limited partners to underlying assets, and do so across numerous jurisdictions. We are familiar with the systems, processes, rules and best practices in each jurisdiction and have access to an extensive network of service providers in each market we operate in.
Managers come to us for assistance with setting up new structures and vehicles, recommendations on service providers, identifying office spaces, establishing systems and processes, and managing the launch. Our long-standing expertise allows us to assist clients in mitigating risks that could potentially delay the launch of their structure. Through our experience, operational approach, and technology, we’re able to add real value to our clients’ back- and middle-office operations.
A client engagement team is involved in all set-up, administration and corporate secretarial requirements during the lifecycle of the structure. This experienced and dedicated team organizes all activities related to the structure’s operations and coordinates all parties in order to perfectly mirror our clients’ organizational setup.
Each new client engagement begins with the assignment of a Senior Alter Domus team member with full responsibility for the client relationship, service delivery and quality standards. They ensure an effective team is put in place to manage and administer client affairs on a day-to-day basis and serve as the client’s central point of contact for any questions or requests. This model has proven to be extremely effective for alternative asset managers where flexibility and agility are key in their relationships with service providers.
Coordination of advisers and service providers (lawyers, prime brokers, banks, auditors and custodians)
Assistance with fund launch including coordination of lawyers, banks, custodians and other service providers
Review of fund documentation
Assistance with cash and custodian account opening with major banks
Complete due diligence including KYC and anti-money laundering (AML) on Funds and related parties
Implementation of systems and processes
Review of fund documents such as PPM/Offering Memorandum, SLA and transaction documents with various parties
Portfolio and Partnership accounting
Production of financial statements and fund reporting
Preparation of NAV statements for investors
Maintenance of general ledger
Supervision of audit process
Full middle office services to “bridge-the-gap” between the fund and other service providers, including trade settlements, transaction reconciliations, delivery of various reports at asset managers' desktops etc.
Assistance with the operations of funds
Investigation of failed settlements and transparent reporting for managers
Maintenance of partnership register
Capital call Management, including monitoring of bank accounts
Coordination investment process etc.
Process transfer requests from partners/investors and update registers
Manage distributions and draw down notices
Coordinate cash management and treasury services
Comprehensive Transfer Agency and Investor Services such as identification checks (KYC) and AML
Maintenance of investor records and register, ensuring proper completion of subscription forms and determine eligibility
Management of subscriptions, including monitoring of bank account movements
Handle redemptions and wiring redemption proceeds
Perform full KYC on Investors and ongoing monitoring
Prepare the necessary documentation such as acknowledgement, contact note and statements
Assist in subscription and redemption of underlying fund for FoF, and follow up with the administrator of underlying funds for statements and corporate actions
NAV will be calculated as mandated by the offering document, SLA on each valuation point
NAV will be provided to GP within the agreed timeline
Distribution of NAV statements/reports to the investors and any other stakeholders
Generation of valuation reports for fund managers, including, but not limited to:
Setting up entities in multiple jurisdictions
Handling of all statutory filings
Assistance with board meetings
Assistance with structuring of entities across various jurisdictions
Provision of registered office space and assistance in setting up physical infrastructure, such as in phone lines, network connections and disaster recovery plans
Statutory filings as mandated by relevant regulations
Calculation of carried interest using complex waterfall logic
Administration of carried interest structures
Responding to investor queries in multiple languages
Customised investor reporting and mailings
Maintaining investor contact information
Comprehensive investor communication in local languages
Institutional investors, notably Pension Funds and Sovereign Wealth Funds, are increasingly seeking direct and/or co-investment opportunities alongside their alternative asset managers in the private equity and infrastructure, real estate and debt markets.
We already serve some of the world’s leading LPs, either directly or indirectly, notably through our extensive fund and corporate administration services. We have extensive experience in providing dedicated LP support services for their co-investments and direct investments including: