Middle & Back Office Support 

MIDDLE & BACK OFFICE SERVICES

  • Record maintenance for all documents/data related to the Fund, such as from counterparties, private placements and share certificates from underlying funds, purchase documentation, intermediary companies and similar.

  • Maintain special investor agreements/side-letters

  • Facilitate capital call and distribution process by creating capital call and distribution notices and allocation calculations

  • Reconcile bank account movements

  • Allocate fund profit and loss to investors in accordance with Fund Documents

  • Calculate management fees and carry/incentive fees

  • Provide Catch up Calculations for multiple closings if applicable.

  • Prepare waterfall calculations as applicable.

  • Calculate capital calls based on rules in applicable Fund documentation

  • Calculate distributions for investors based on Fund cash flows, sharing ratios, and waterfall requirements.

  • Prepare Monthly/Quarterly Individual Statements for investors

  • Liaise with Fund Manager for approval of reports

  • Uploading and distribution of Investor Statements and other fund reports via the TFA reporting portal

  • 1099 preparation and distribution.

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