SDDco Fund Services offers accounting and administration solutions to hedge funds, fund of funds, private equity funds and other investment management firms. SDDco employs the Advent Axys software system.
Our services include the maintenance of books and records for the underlying investment vehicles (LPs or LLLs), the general partner and the management company, and we calculate the individual account balances for each investor. SDDco has developed proven formats for creating your periodic capital calls and investor statements. In addition, we assist in the computation of management fees and their ultimate tracking through collection.
SDDco provides outsourced administration and comprehensive solutions to PE funds. We can:
- Manage the fund record keeping
- Deliver timely and accurate reporting
- Reconcile cash accounts
- Compute profit and loss allocations
- Compute fund management fees and performance fees
- Track partnership reimbursable expenses paid by manager
- Review your capital call and capital distribution spreadsheets
- Oversee the preparation of periodic investor account statements
- Prepare your funds’ financial statements
- Assist management with outside audits
- Prepare form K-1s for tax reporting