FUND ADMINISTRATION
Our full suite of services helps clients plan and structure funds administration from effectively communicating with investors to compliance and regulatory issues and the distribution of returns as mandated jurisdictionally – we take care of all of it. With a team of dedicated, top-of-class experts, we ensure full-service support for the needs of the fund and all its complexities. We guarantee our clients will receive quality and consistent service, and at any stage of the fund, from initial structuring to winding up, we’ll deliver all-inclusive bespoke services and solutions.
FUNDADMINISTRATION
Fund Establishment & Fund Raising
Bookkeeping & Financial Reporting
We report information to investors complete with clear benchmarks and a commitment to transparency and expediency. Whether the preference is for secure digital, mobile, or traditional communication, when liaising with clients, we guarantee a consistent reporting system that aligns with our understanding of a client’s preferred methodologies. Our reporting teams are expertly qualified and highly competent. The prepared statements are drafted according to the highest industry standards, aligned to a client’s required accounting needs, and in compliance with various jurisdictional regulations.
Based on requirements, Dominion Wealth Management offers bespoke services & solutions that include:
- Calculation and reporting of daily/weekly/monthly net asset value (NAV)
- Interim unaudited fund reports
- Fund expense monitoring & money transfers
- Annual consolidated financial/accounts reporting
- Individual pricing & accurate portfolio valuations
- Audits & audit requests
- Monthly/weekly reporting for fund manager accounts
- Bespoke reporting, including environmental, social, and governance (ESG) disclosures
- Preparation and administration of capital account statements
- Risk management, reporting & forecasts
- Maintenance of accounting records
We follow best practices and customize bespoke products and services to meet the complex needs of our high-net-worth clients and respective funds administration.
Ancillary, Complimentary Services:
- Subscriptions processing & redemptions
- Creating Waterfalls & Carried Interest
- Preparation, administration & distribution of notices to investors
- Creating calculation of investor waterfalls – a core administrative element for fund managers and investors
- Payment administration and distribution
- Collaboration with a network of professional advisers to guarantee the efficient structuring of carried interest vehicles and facilitate the allocation of carry to new joiners
Investor Administrative Services:
- Maintenance & upkeep of investor records
- Stringent Know Your Client (KYC) practices and procedures
- Anti-Money Laundering (AML) screening on all investors
- Preparation & filtering of customized dynamic investor statement reports
Investor Administrative Services:
- Proficient tax advice & information under tax laws
- Assisted Audit inquiries & communication
- Treasury & Currency Services available
- Approve, monitor, & set up wire transfers for payments to funds & fund managers
- Provide investor custodial accounts for onshore & offshore funds