Stonegate offers fund administration services to hedge funds, private equity funds, asset based lending funds, and separately managed accounts along with family office sponsored fund. Stonegate administers services to hedge funds who concentrate on strategies which include long short equity, statistical arbitrage, convertible arbitrage, distressed securities, market neutral, relative value, global macro, managed futures, and foreign exchange.
Our account services include classes and series fund accounting, portfolio accounting, equalization, master-feeder fund admin, multi-currency fund admin, segregated portfolio fund admin, portfolio trade capture, port & cash reconciliations, independent pricing via third party sources, fee calculations and expense accounting, allocation of net income, NAV and partnership’s capital valuation, prep of annual fin statements, prep of annual, semi-annual and quarterly reports, cash flow reports, fund annual returns, coordination of audit process, supply data for tax preparation.
Net Asset Value
Stonegate offers precise NAV calculations including fund record-keeping, profit and loss calculations, cash flow management, management fee preparation, incentive fee calculations (which include performance fees and carried interest), capital call and distribution processing, financial & investment reporting, and preparation of financial statements.
Registrar & Transfer Agency
At Stonegate we offer proxy service, and maintain share register and investor contact details. We provide investor transaction processing, investor reporting, and payment of broker commissions/fees. We also prepare investor audit confirms, keep track of ERISA status, and preparation of cash flow reports.
On a daily basis Stonegate provides operational processing functionality which includes middle and back office services. These services focus on daily trade processing, reconciliation of portfolio activity, settlement and management reporting. We offer trade/position reconciliation (t+0 or t+1 day), holding position reports, trade report, customized daily and real–time reporting.
We maintain statutory document for regulatory filling with multiple jurisdictions. We maintain:
- NFA filings
- SEC filings
- Prepare and maintain minutes for the fund liquidation services.
Legal & Compliance
Stonegate focuses on establishing new fund structures and coordinating with a fund’s legal counsel, compliance, regulatory & stock exchange reporting, jurisdictional filings, due diligence, compliance services, statutory and regulatory compliance.
- Cash Services – Assist in establishing bank or broker custodial accounts, along with providing withdrawal and redemption services. We arrange the process of prime brokerage transfers and currency conversions.
- Private Equity Fund Servicing – Handle capital calls and collections along with portfolio processing.
- Corporate Services – We provide company formation and structuring, and describe compliance and regulatory requirements.
- Fiduciary Services – Stonegate will assist in providing trustee services for unit trusts, private trusts and liquidating trust