Co-Invest/SPV Vehicles

Accounting and Reporting

Using best in class account software GPFS maintains the general ledger following strict internal controls that are independently tested annually during our annual SOC 1 Type II audit. GPFS employees have significant experience with US GAAP, UK GAAP and IFRS as well as reporting standards issued by ILPA.

GPFS maintains and prepares:

  • General Ledgers
  • Commitment Ledgers
  • Memo accounts
  • Quarterly financial statements including coordination for the annual audit
  • Partner capital accounts
  • ILPA reporting
  • Regulatory reporting (AIFMD)

Investor Communications

GPFS provides clients bandwidth to focus on the broader investor needs while we manage activities such as distribution of documents, response to back office inquires and maintenance of investor portal data.

AML

GPFS offers a complete solution that will support client the AML/CDD boarding process for new investors.

Capital Call and Distribution Processing

GPFS professionals prepare and review client capital activity following strict policy and procedures to ensure compliance with fund organizational documents, accounting, and regulatory standards.

GPFS will calculate the following for client review:

  • Management fee and management fee waiver (deemed contributions)
  • Realised Carried Interest
  • Limited partner and general partner allocations
  • Investment allocations across fund structures including co-investment
  • Subsequent close re-balancing
  • Net capital calls and distributions
  • Remaining commitment
  • Capital gain or loss

Let’s Discuss Your Needs & Objectives

Even if you’re exploring outsourced fund administration for the first time or making a change in providers, we would love to talk.
GP Fund Solutions

© 2014 GP Fund Solutions, LLC.
All Rights Reserved.