We incorporate funds in several jurisdictions including the Cayman Islands, Bermuda, Luxembourg, Delaware and Mauritius. Our services include assisting in the selection of the appropriate jurisdiction and corporate structure, reviewing of statutory and offering documents, opening of bank accounts and liaising with legal counsels.
We provide a full suite of administration services to support a fund manager including calculation of net asset values, preparation of the annual financial statements (in accordance with the required accounting standards including IFRS); audit preparation and ad-hoc financial reports, and stock exchange listings.
For all funds under administration we provide corporate secretarial services, statutory and regulatory reporting and independent directors as required.
Set up and maintain shareholder register, process of subscriptions and redemptions, distribution of shareholder communications and provision of analysis to fund manager on new and existing businesses (including introducers' fees).
Perform full due diligence on new investors including source of funds and risk assessment. Regularly we update our KYC on all existing investors, with procedures fully compliant with the U.K. FCA guidelines. For regulatory reporting we access each investor’s tax residency, identifying the controlling person and account holders for CRS and FATCA filings.
For smaller investment portfolios where the costs of a fund structure would be prohibitive, we provide a segregated portfolio share class under a Master fund structure. This facilities the sharing of the fixed fund costs of the board of Directors, Anti-Money Laundering Compliance Officer and Money Laundering Reporting Officer and also significantly reduces the set-up costs.