Fund Administration

Unlock the full potential of your Singapore funds with our unrivaled KYC/AML expertise. 

We specialise in handling private equity and venture capital funds, particularly umbrella VCCs with sub-funds. Our team excels in managing complex cases requiring additional customer due diligence and navigating situations involving MAS investor alert list entries. 

We excel at transferring assets to custodians for tokenization on the blockchain for a private equity fund. Trust us to streamline your processes and ensure compliance every step of the way. 

Have questions? Our experienced professionals are ready to provide the solutions you need. Let us handle the complexities, so you can focus on growth.

As a specialist fund administration service provider, we understand the challenges our clients face in managing funds amidst evolving requirements and complex reporting duties. Our experienced teams have in-depth knowledge of various investment funds, and we offer comprehensive fund accounting and administration services. Our aim is to free our clients from back-office tasks so they can focus on portfolio management. Our services include:

• processing trade and non-trade related transactions

• compilation of accounting records from independent sources, reconcile account statements and balances, price the portfolio, calculate income, expenses, fees, and Net Asset Value of participating to prepare books of accounts

• calculation of fund valuation and track investments

• reconciling account statements

• calculating fund fees such as management/performance/subscription fees (as applicable)

• computation of hurdle rates and/or other fees

• computation of interest rate charges and allocations, tracking of return of capital, rates of returns, etc. 

• computation of income and expenses accruals

• processing cash transactions

• liaising with external providers

• computation and disbursement of fees

•  publishing the NAV (if required)

Our middle office services are designed to support our clients' investment operations and include portfolio and risk management, trade processing and settlement, and compliance monitoring. With our experienced team and state-of-the-art technology, we can help our clients optimise their investment performance and manage risk more effectively. By partnering with us, our clients can free up in-house resources and focus on their primary investment objectives.

• Daily processing of corporate actions

• Daily reconciliation of prime broker positions, cash and trade proceeds

• Reconciled reporting of T+1 profit and loss

• Reporting of trade and position breaks

• Ad-hoc reporting of trade and position activities.

Amidst the surge of regulatory changes and investor demands, we acknowledge that prompt and precise reporting is crucial for all stakeholders. Thus, we fulfil our clients' reporting requirements by providing financial, regulatory, and tax reporting services, including FATCA/CRS reporting for funds:

• Preparing and filing annual tax returns with the Inland Revenue Authority of Singapore (IRAS) for the fund and its investors.

• Calculating tax obligations and ensuring compliance with local tax laws and regulations.

• Providing support in obtaining tax residency certificates and tax exemptions where applicable.

• Preparing and filing Goods and Services Tax (GST) returns with the IRAS.

• Assisting with tax audits and responding to tax queries from regulatory authorities.

• Providing tax advice and guidance on structuring investments to minimize tax liabilities.

• Performing tax due diligence for potential investments and acquisitions.

• Providing regular updates on tax laws and regulations that impact the fund and its investors.

• FATCA/CRS reporting and accounts, including keeping records of documentation in support of FATCA, IGA, and CRS classification claims.

• You no longer have to worry about taking U.S. investors because we have extensive experience and excel at managing their compliance requirements.