Fund Administration

While we were looking into fund administartors who are providing outsourcing solutions we came across BGT Consulting LLC Fund administration who provide solutions to alternative investment vehicles.

BGT Fund Administration provides outsourcing solutions to alternative investment vehicles, including:

• Hedge Funds (Onshore, Offshore, Master/Feeder Structures)
• Fund of Funds
• Private Equity Funds
• Investment Advisers and Management Companies

FUND ADMINISTRATION SERVICES

Services provided by BGT Fund Administration to our Hedge Fund clients include:

• Fund Accounting/NAV Calculation - calculation of Fund’s Net Asset Value (NAV) and preparation of Fund’s monthly Balance Sheet, Income Statement and Statement of Changes in Investors’ Equity.  At the end of each accounting period we collect the information from your prime brokers and reconcile all the reports, making adjustments for the accruals in accordance with US GAAP. We then calculate the management fees, loss carry-forwards and performance allocation in accordance with the Fund’s Limited Partnership Agreement and other governing documents and proceed to the next step - Partner Allocations.
• Partner Allocations - allocation of Fund’s income to investors, calculations of investor’s capital balances after management fees and performance allocation, and preparation of monthly Statements of Changes in Partner’s Equity aka Partners’ Letters.
• Year End Services - preparation of complete set of financial statements including Condensed Schedule of Investments and Statement of Cash Flows, footnotes and Financial Highlights for Fund’s auditors. We work directly with the Fund’s auditors and tax preparers to assure timely delivery of the year end audit and K-1s.
• Web Based Reporting - on-line access to monthly or quarterly reports through our secure website.  We may also post Fund’s audited financial statements, tax returns, PPM and other related files on the website to give you one central location to keep Fund’s financial information.

Many times we work with our clients from the inception, helping them with the initial set up, answering any accounting related questions, reviewing permanent documents and working with the legal council and prime brokers.  We are always available to our clients and we encourage our clients to ask us questions and use us as a valuable resource.

CONSULTING SERVICES

BGT Fund Administration also provides accounting consulting services to:

Management Companies and Investment Advisers of Hedge Funds

Family Offices

High Net Worth Individuals

Closely Held Businesses

We can assist you on either temporary or on-going basis. Due to the size of our firm, our clients receive incomparable, personalized, quality service.

We offer wide variety of consulting services, including:

• Help with various accounting and performance projects
• Set up of accounting system within the company
• “Clean up” of your internal books for audit and/or tax work
• Special projects

Click here to learn more about their offerings