Private Equity Fund Administration

/Private Equity Fund Administration
Private Equity Fund Administration 2016-11-26T22:09:58+00:00

Sterling’s provides private equity fund administration services for funds of funds, debt funds, buyout funds, venture capital funds, infrastructure funds and more as well as related entities such as special purpose vehicles, limited partnerships, management companies, trusts and carry vehicles.

Private Equity Fund Setup and Launch

Sterling guides you from inception all the way through the launch of the PE Fund.  We assist with drafting or reviewing fund documentation, statutory documents and applications, liaise with regulators and assist with all regulatory filings where applicable in accordance with the respective GP and LP requirements.  We provide Know Your Customer (KYC) and Anti-Money Laundering checks on investors in accordance with statutory and regulatory requirements and provide a cloud based virtual data room to facilitate the launch process.

Fund Accounting Services

We maintain the accounting records and prepare financial statements, calculate and pay fees and liaise with the auditors and manage the audit process where applicable.  We generate and distribute call notices to investors.    Tax reporting is available in the jurisdictions of the connected entities of the Private Equity Fund as well as for investors via third party partner accounting firms if requested.

Carry, Partner, Co-Investment and Subsidiary Investment Vehicles

We help establish and administer entities connected with the fund.  This may include tax exempt Special Purpose Vehicles for the Private Equity Firm sponsoring the PE Fund and one or more of the co-investors or limited partners.  Similarly, we establish, administer and manager subsidiary entities between the fund and the portfolio companies where beneficial to the overall return of the fund depending on the location of the underlying investments.    This allows us to maintain accounts of the various entities, sometimes which are in multiple jurisdictions, on our accounting platform for seamless integration of accounting journals across the different entities.

Investor Relations

We can provide services up to the level desired by the client.  This includes arranging for website creation used for publishing periodic and ad hoc information and reports, managing drawdown and distribution processes, monitoring cash movements, distributing reports and more.

Contact us today to set up a private equity fund.