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Partner Accounting for
Domestic Funds
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Partner Accounting for Domestic Funds: PFC has purchased
licenses for a partner accounting system
from a respected company in the hedge fund industry. This
partner accounting
system interfaces with the portfolio accounting system that PFC
utilizes. The
following are examples of the partner accounting services that
PFC provides:
- Establish, reconcile and maintain Limited Partner (“LP”) and
General Partner
("GP") accounts
- Maintain supplemental LP Files and communications
- Process LP contributions, including ensuring proper completion
of
subscription documents and hot-issue eligibility
- Calculate and perform LP distributions
- Provide weekly and/or monthly performance estimates to the LPs
- Compile and distribute monthly or quarterly un-audited
Financial Statements
for the Fund
- Compile and distribute monthly or quarterly un-audited
Financial Statements
to the LPs
- Communicate with LPs, as needed or requested
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