Fund Services

Our fund and managed portfolio services provide comprehensive administration solutions designed to support investment managers and financial institutions. We ensure smooth portfolio tracking, accurate NAV calculations, and detailed performance reporting to help you maintain a clear financial outlook.

With our expertise in handling diverse asset classes, we offer customized support that aligns with your operational needs. Whether managing private funds, hedge funds, or managed accounts, our solutions enhance efficiency and transparency while minimizing administrative burdens.

Felicity’s shadow accounting services provide an extra layer of oversight and transparency in investment operations. We perform independent reconciliations, NAV verifications, and performance analysis to ensure accurate financial reporting and risk management.

By maintaining a parallel accounting system, we help clients detect discrepancies, verify fund administrator calculations, and gain deeper financial insights. Our expertise enhances operational security, allowing you to make informed investment decisions with confidence.

Complete Services in Scope

  • Operation Activity
  • End to end Trade Life Cycle including Security Master management.
  • Collateral management.
  • Security pricing including private investments.
  • Corporate actions (all types of mandatory and non-mandatory actions).
  • All types of reconciliations (Trade, Cash, Position, DVD, Swap Financing, Cost, MV, P&L) with prime brokers, custodian, counterparty.
  • Expertise in resolving the historical recon breaks.
  • Fund Accounting Activities
  • Reconcile trading income and expenses accrual (Dividend, Interest, Stock Loan etc).ist item
  • Reconcile non trading income and expenses accruals and budgets to be in line with the offering documents (Admin, audit, legal, professional, organization cost etc).em
  • Process capital activities (subscription, redemption, capital call, distribution, partners/ investor transfers).
  • Validate intercompany/ fund receivables and payables. Run equity pickup/ master, feeder transfers.
  • Calculate management fees, incentive fees.
  • Prepare waterfall/ investor allocation to distribute profit/ loss to partners/ investors.
  • Prepare NAV statement and accounting reports-
  • Trial balance
  • Statement of net assets
  • Statement of operations
  • Profit and loss report
  • Investment positions/ holdings report
  • Lot level holdings
  • Statement of partner’s capital
  • Detailed general ledger
  • Financial Reporting Activities
  • Preparation of financial statement including-
  • Statement of assets and liabilities
  • Statement of income and expenses
  • Statement of changes in partner’s capital
  • Cash flow statements
  • Notes to accounts including schedules
  • Fund Accounting Activities
  • Reconcile trading income and expenses accrual (Dividend, Interest, Stock Loan etc).ist item
  • Reconcile non trading income and expenses accruals and budgets to be in line with the offering documents (Admin, audit, legal, professional, organization cost etc).em
  • Process capital activities (subscription, redemption, capital call, distribution, partners/ investor transfers).
  • Validate intercompany/ fund receivables and payables. Run equity pickup/ master, feeder transfers.
  • Calculate management fees, incentive fees.
  • Prepare waterfall/ investor allocation to distribute profit/ loss to partners/ investors.
  • Prepare NAV statement and accounting reports-
  • Trial balance
  • Statement of net assets
  • Statement of operations
  • Profit and loss report
  • Investment positions/ holdings report
  • Lot level holdings
  • Statement of partner’s capital
  • Detailed general ledger

Complete Services in Scope

  • Operation Activity
  • End to end Trade Life Cycle including Security Master management.
  • Collateral management.
  • Security pricing including private investments.
  • Corporate actions (all types of mandatory and non-mandatory actions).
  • All types of reconciliations (Trade, Cash, Position, DVD, Swap Financing, Cost, MV, P&L) with prime brokers, custodian, counterparty.
  • Expertise in resolving the historical recon breaks.
  • Fund Accounting Activities
  • Reconcile trading income and expenses accrual (Dividend, Interest, Stock Loan etc).ist item
  • Reconcile non trading income and expenses accruals and budgets to be in line with the offering documents (Admin, audit, legal, professional, organization cost etc).em
  • Process capital activities (subscription, redemption, capital call, distribution, partners/ investor transfers).
  • Validate intercompany/ fund receivables and payables. Run equity pickup/ master, feeder transfers.
  • Calculate management fees, incentive fees.
  • Prepare waterfall/ investor allocation to distribute profit/ loss to partners/ investors.
  • Prepare NAV statement and accounting reports-
  • Trial balance
  • Statement of net assets
  • Statement of operations
  • Profit and loss report
  • Investment positions/ holdings report
  • Lot level holdings
  • Statement of partner’s capital
  • Detailed general ledger
  • Financial Reporting Activities
  • Preparation of financial statement including-
  • Statement of assets and liabilities
  • Statement of income and expenses
  • Statement of changes in partner’s capital
  • Cash flow statements
  • Notes to accounts including schedules