Our Fund Accounting Services offer specialized, precise accounting and administration for complex investment vehicles, including Real Estate Funds, Private Equity, and other investment entities. We ensure the precise financial management of the fund and portfolio at the general ledger level, adhering strictly to all applicable accounting standards through our structured close process and detailed monthly Bank & Subledger Reconciliations.
We provide expert accounting for significant and complex fund transactions, including Transaction & Event-Based Accounting for acquisitions, dispositions, and refinancings, as well as managing all aspects of Credit Facilities & Debt Accounting. A critical focus is on investor relations and management, which includes the calculation and maintenance of Capital Accounts & Investor Allocations and accurate processing of Cash Management & Distributions.
For advanced financial analysis and compliance, we support NAV & Fund Valuation Support and perform in-depth Budgeting, Variance & Performance Analysis. We are skilled in creating and reviewing complex Waterfall & Carried Interest Calculations to accurately reflect distribution impacts on investor reporting. Our service extends to preparing NCREIF & Institutional Reporting and coordinating all necessary Audit, Tax & Third-Party Support to ensure full compliance and strategic oversight.
Maintenance of fund and portfolio-level general ledgers in accordance with applicable accounting standards, including monthly close, reconciliations, and supporting schedules.
Monthly reconciliation of bank activity, capital accounts, and subledgers to the general ledger with detailed review of reconciling items.
Accounting for significant fund transactions including property acquisitions and dispositions, loan refinancings, recapitalizations, and other complex events.
Preparation and processing of monthly or quarterly cash distributions, cash flow analysis, and related reporting for investors and partners.
Maintenance of investor capital accounts, allocation of income and expenses, and preparation of quarterly investor capital account statements.
Calculation of management fees, performance fees, and fund-level expenses with direct payment to management companies or affiliated entities.
Processing and tracking of credit facility borrowings, repayments, interest accruals, and lender-related accounting entries.
Preparation and review of NAV packages including fair value adjustments, accruals, fee calculations, and supporting valuation schedules.
Preparation of monthly, quarterly, and annual fund-level financial statements with supporting schedules and workpapers.
Budget-to-actual variance analysis, year-over-year comparisons, performance reporting, and explanatory commentary.
Creation, maintenance, and review of distribution waterfall models, including carried interest calculations and impact on investor reporting.
Preparation and submission of monthly and quarterly NCREIF reports and other institutional reporting requirements.
Review of lease activity and analysis of fund-level and property-level income performance.
Coordination with auditors and tax advisors, preparation of audit workpapers, and support for year-end tax and audit requests.
