List of Services

List of Services from Transcontinental Fund Administration, Ltd

By: Transcontinental Fund Administration, Ltd  09/24/2014
Keywords: Mutual Funds, Real Estate Investment, Investment Property

Set-Up/Transition Services • Review of offering memorandum, subscription agreement, and statutory documents • Liaison with legal counsel for compliance within onshore and/or offshore jurisdictions • Review of all financial statements and information relating to the latest NAV of the Fund (applicable to transfers) • Taking inventory of AML transaction documentation (applicable to transfers) • Preparation of administration agreement • Set up of appropriate bank accounts Corporate Services & General Administration • Provision of principal and registered office • Maintenance of statutory records such as the minutes book • Filing of the Annual Return with the Registrar of Companies and the Annual Mutual Fund License fee with the Cayman Islands Monetary Authority (CIMA) Registrar, Transfer Agency, and Other Administration Services • Maintenance and update of shareholder /investor register details • Control of subscription process: informing fund manager of new subscriptions, follow up on incomplete subscription forms and due diligence materials, subscription confirmations, monitoring of subscription cash flows and managing of investor inquiries • Execution of AML procedures for parties of the fund, incoming subscriptions and outgoing redemptions if necessary • Cash management (wiring expenses, distributions, and fees) with dual control procedure. • Signature control on outgoing wires checked against ruling fund documentation and documented for audit purposes • Processing of redemptions and distributions • Reporting to investors via proprietary online platform • Flexible, multi-layer reporting possibilities for investors and manager • Facilitation of regulatory filings for fund and investments if necessary • FATCA Compliance  NAV Calculations, Financial Accounting, Back Office, Audit, & Tax Support • Record maintenance for portfolio documentation (e.g. Purchase Agreements, private options, and similar documents) • Reconciliation of capital call and distribution process towards incoming and outgoing cash • Catch up calculations for multiple closings • Calculation of calls and distributions for investors based on fund cash flows, sharing ratios, and preferred return requirements • Facilitation of manager requests for special fund needs • Processing of brokerage and manager data • Provision of reconciliation to trade data • Daily and monthly independent pricing of portfolio holdings • Calculation of carve-outs, hurdle rates, waterfalls, and other complex allocations of profits • Calculation of monthly NAVs, quarterly statements of changes, management and performance fees, and General Partner and Limited Partner allocations • Maintenance of partner, equalization and/or series accounting • Multi-currency accounting • Preparation of monthly financial statements • Liaison with auditor/tax preparer • Financial statement footnotes Marketing Support • Creation and distribution of statistical and risk reports • Calculation and payouts of fees for marketers Offshore Services • Corporate secretarial services • Facilitation of director services • Provision of registered office

Keywords: Brokerage Accounts, Capital Investment, Corporate Investing Services, Equity, Equity Market, Hedge Fund, Hedge Funds, Investing In Real Estate, Investment, Investment Companies, investment management companies, Investment Management Services, Investment Property, Investor, investors, Mutual Funds, Online Financial Needs, Private Equity, Private Equity Firms, Private Equity Fund, Private Placement, Real Estate Investing, Real Estate Investment, Real Estate Investment Trust, Securities Flotation, Seed Capital, Stock Broker, Stock Brokers, Wealth Management Services

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Other products and services from Transcontinental Fund Administration, Ltd


What distinguishes TFA?

FA offers a wide range of private equity and real estate fund services including the execution of calls and distributions, accounting payment of fees and expenses, reporting on cash received to the manager, preparing financial statements, and collecting all documents relevant to the fund portfolio.In addressing the real needs of our clients, our staff is well-trained to set up call notices on very short lead time and still keep the quality of the product.


TFA’s fund administration systems and integration:

TFA has developed its proprietary portal for investor reporting (SIMS Investor Reporting). It is specifically geared towards the needs of hedge funds, private equity and real estate fund investors.


Banking and Brokerage

TFA supports funds in onshore and offshore jurisdictions. Jurisdictions of choice for the funds administered by TFA seem to be the US, Cayman or the British Virgin Islands (BVI).


Financial Statement Preparation

TFA has provided services to all types and structures of hedge funds, private equity – and real estate funds since 2001.