Fund Administration & Accounting
We provide a range of fund administration, accounting and investor reporting services to funds, special purpose vehicles, joint ventures, trusts, carry vehicles and co-investment vehicles.
What we do
We provide bespoke fund administration and accounting services to clients, including customised reporting timelines and reporting formats. We see ourselves as an integral extension of clients’ in-house teams, providing them with access to our industry insights and professional networks.
We are fully involved at the launch of a fund, modelling waterfall calculations and commenting on fund terms.
Our global teams can also provide a wide variety of services to multi-jurisdictional funds.
How we start working with you
Langham Hall has considerable experience in helping fund set up. At the outset we can advise on relevant routes to market, including regulatory and marketing considerations. To achieve this, we work closely with other intermediaries, including legal advisers, auditors, tax advisers and compliance consultants.
Thereafter, the following services are relevant to fund set up:
- anti-money laundering (AML) and Client Due Diligence (CDD) verification;
- reviewing and commenting on operational documentation;
- opening bank accounts;
- setting up of general ledger and mapping to underlying charts of accounts;
- investor reporting tailored to fund manager specification, incorporating industry best practices;
- introduction of independent non-executive directors.
Next steps
Once the fund has held its first close we continue to support throughout the investment period and beyond with a full suite of fund administration, accounting and regulatory services.
