Fund Administration
Castlegate provides a full range of hedge fund, mutual fund and pension fund administration services, either directly or through taking advantage of strategic outsourcing relationships it has entered into. Through these strategic alliances, Castlegate is also able to provide fund administration services including tax reporting to onshore funds.
Fund Administration Services include:
Start Up and Organisational Work:
- Introductions, recommendations and if need be, ascertain of fee quotations from attorneys, accountants & third party service providers, based on our prior knowledge and work experience.
- Liaison with fund promoter, attorneys, accountants and fellow service providers.
- Review and commenting on fund structure, Offering Memorandum and service agreements.
- Developing accounting, valuation and administrative framework, specific to the Fund.
Statutory and Secretarial:
- Provision of Registered Agent and Office (through Horizon Corporate Consultants Limited).
- Maintenance of Statutory books and records.
- Ensuring compliance with local regulatory, compliance and criminal conduct laws.
Net Asset Value Calculation and Accounting:
- Preparing daily, weekly, monthly or quarterly NAV’s.
- Preparing annual accounts and arranging the audit.
- Maintaining the principal books of account.
Registrar and Transfer Agency & Shareholder Services:
- Communications and reporting NAV’s and reports to investors, including online web based reporting and dissemination.
- Maintaining register of shareholders.
- Receiving subscriptions from investors and confirmation thereof.
- Performance of due diligence procedures on investors
- Making distribution or dividend payments (if applicable).
- Making redemption payments.
- Effecting the transfer of shares between investors (if applicable)
- Arranging for the reporting and dissemination of share prices.
- Circulation of audited accounts and reports.
Cash Management and Banking:
- Open bank accounts on behalf of the Fund.
- Monitor and manage bank accounts, including settling of fees and expenses.
Personal, Customised Service:
Upon the initial introduction, we shall discuss and ascertain the proposed structure, plans and organization of the Fund and provide the prospective client with a detailed customised fee quotation. Our fees are highly competitive and all our services are offered either as a package or individually, depending upon the needs of the client. Both during and after the take on phase, we remain committed to providing a personable, professional, timely and high quality service, at all times.
Unlike many fund administrators, we do not pre judge prospective clients based upon their initial seed capital and fund size. Our goal is to work with the Fund and to assist the Fund Promoter grow through the provision of high quality fund administration services.
Should you wish Castlegate to provide you with a fee quotation for fund administration services, kindly complete and return the Fund Administration Questionnaire.
Contact: Niall Brooks
Managing Director
Tel: 1-284-494-6540
Cell: 1-284-499-0681
Fax: 1-284-494-2679
E-mail: nbrooks@castlegateglobal.com