Castlegate provides a full range of hedge fund and mutual fund administration services. Castlegate is also able to provide fund administration services including tax reporting to onshore funds.
Start Up and Organisational Work:
- Introductions, recommendations and if need be, obtaining 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 documentation and service agreements.
- Developing accounting, valuation and administrative framework, specific to the fund.
Statutory and Secretarial:
- Provision of Registered Office (through Horizon Corporate Consultants Ltd).
- Maintenance of Statutory books and records.
- Ensuring compliance with local regulatory, compliance and criminal conduct laws.
- Provision of Authorised Representative services
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.