Fund Administration
Funds
We conduct a broad range of fund administration services, including director, company secretarial, compliance, accounting and investor reporting.
Our experienced and qualified team ensures that a high quality, proactive, director-led service is provided to all clients irrespective of the size of the fund. All senior team members have previously worked for large global administrators, asset managers or accountancy firms and therefore we appreciate the value of a bespoke service model where the close working relationship truly permits the client to come first.
The team have extensive fund administration and accounting experience across a wide range of asset classes and we offer services to a wide variety of funds including private funds, expert and open ended structures.
Fund Administration Services
Structure Establishment
- Fund/entity launch support and establishment of vehicles in Jersey
- Operating review of constitutional documents
- Liaison between promoter, lawyers, regulators, tax advisors and auditors
- Drafting operating procedures and Service Level Agreements (SLAs)
Administration & Accounting
- Day-to-day administration services to the fund and related vehicles
- Arranging payments in accordance with fund documentation
- Cash management and treasury services
- Generation of bespoke reporting in accordance with the fund documentation for investors or other third parties
- Net Asset Value (NAV), performance fee, carry and incentive fee calculations
- Fund asset reconciliation
- Tailored reporting services
- Maintenance of investor registers
- CDD collection, AML controls and on-going monitoring
- Distribution of investor communications
- Arranging payment of dividends, distributions and redemptions
- Coordinating subscriptions, commitments and drawdowns
Company Secretarial
- Provision of Company Secretary
- Organising and attending board meetings and ancillary work
- Arranging statutory filings
- Maintaining statutory registers and primary records
- Provision of registered office services
Accounting Services
- Consolidated accounting and provision of interim and annual accounts to IFRS or UK GAAP standards
- Financial and management reporting for fund and related vehicles
Compliance Services
- Provision of Compliance Officer, Money Laundering Reporting Officer, Money Laundering Compliance Officer and supporting functions as required for the structure
- Tailored compliance review and reporting services, including risk monitoring and assessments
- Communication with Regulators
- Ensuring local legal and regulatory compliance
Director Services
- Provision of experienced directors in Jersey
- Facilitate and recommend NED where required
“ Fairway has been an extremely valuable local partner in assisting with our initial establishment in Jersey, as well as our regulatory application process and corporate services support. I have no hesitation in recommending Fairway as a client centric corporate services provider. ”
Alternative Fund Manager
