Hedge Fund Administration
Empowering growth with a global, end-to-end solution
Hedge fund managers across the world trust CSC to provide end-to-end solutions for their unique needs. Our global team offers customized support throughout the investment life cycle of a wide array of asset classes and strategies―driving operational alpha.
CSC’s comprehensive fund administration solution includes a robust platform that supports all activity from fund formation, customer due diligence, and fund accounting to middle office and treasury services.
Services
We provide tailored solutions that tackle the complex world of hedge fund middle and back offices.
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Implementation and integration of systems, processes, and general ledger setup
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Assistance with cash and custodian account opening with banks
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Preparation of reporting templates and timelines
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Portfolio event capture and valuation
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Trade booking for all listed and OTC securities
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Valuation of listed and OTC securities based on fund pricing policy
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Report and process all voluntary corporate actions
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Process resets, rolls for swap investments
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Portfolio Reconciliation
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Daily cash reconciliation
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Daily quantity, notional, and market value reconciliation
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Handle exceptions and provide analysis on breaks
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Portfolio Accounting and NAV
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Capture all capital activity for the fund
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Record all trading and non-trading expenses and revenues
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Calculate NAV of the portfolio
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Economic allocations
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Partner accounting and allocations
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Calculate performance and management fees
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Side pocket allocations, if any
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Daily operations report
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Monthly fund NAV package including accounting reports like trial balance, statement of operations, and statement of net assets
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Monthly investor NAV package
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Administer the subscription, transfer, and withdrawal for investors
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Monitoring and payment of investor cash movements
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Prepare and distribute investor statements
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Maintain investor database with contact and wire information
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Providing investor tax reporting including FATCA and CRS
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Liaison with auditor with regards to supporting documents and audit timelines
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Preparation of draft notes to financial statements
