When Outsourcing Relieves a Headache

Sasserath & Zoraian LLP

Owning and operating a successful hedge fund can be both personally and financially rewarding. However, launching a hedge fund can be a challenging and sometimes overwhelming experience. How should you structure your business? What service providers do you need? What do you need to do first?

→ Accounting and administration services for Fund of Fund portfolio valuation for master/feeder structures as well as partnership accounting.

→ Thereby bypassing the expense of building an internal accounting/back office operation, and providing their investors with an added layer of protection and assistance due to S&Z Fund Services independent financial calculations and reporting.

S&Z

1. PARTNERSHIP FUND ACCOUNTING AND FINANCIAL RECORDING

• Preparation of accounting records of the fund

• Verification and recording of income and expense accounts

• Preparation of balance sheet and income statement

• Complete support for audited financial statements

2. START UP AND PRE-LAUNCH SERVICES

• Introduction of local and overseas counsel

• Review of offering memorandum and other fund legal documents

• Introduction to prime brokers, lawyers, audit firms.

3. INVESTOR REPORTING

• Maintenance of shareholder registers and partners’ capital accounts

• Verification of subscriptions and redemptions

• Assistance in Anti Money Laundering (AML) and USA Patriot Act compliance

4. TAX SERVICES

• Preparation of US Federal 1065, state and local tax returns.

• Preparation of K-1, 1099 and 1042 reporting

• Assistance with tax related events

• Preparation of periodic tax estimates

5. OTHER FUND SERVICES

• Administration for Separately Managed Accounts

• Assistance with Due Diligence Reviews

• Family office services

• Assistance with insurance planning and coverage

• Gift, Estate and Trust Planning

S&Z Humor

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s