Real Estate Fund Services
Fund and Company
Accendium can assist with the launch of the fund and review all documentation ensuring compliance with the intended fund structure set-up. We liaise with the fund manager, fund lawyers and service providers to ensure an efficient start. We assist with bank account opening and provide client-tailored shelf companies available on demand.
Accounting, Corporate and Management Services
Accendium can maintain the books and records of the fund (General Partner, Co-Investment and carried interest vehicles), as well as underlying investment holding companies producing interim and annual reporting and financial statements in local GAAP, US GAAP and IFRS as required. We act as Central Administration Agent of funds coordinating administration of the investment process and custody. We calculate performance data for the fund as well as carried interest calculations, waterfall calculations and hurdle rate calculations as necessary.
Accendium can provide full corporate and management services to all levels of the fund structure including registered office, provision of local directors, statutory filings, execution of board resolutions, arranging for annual general meetings, cash management and all KYC and compliance matters throughout the entire life of the fund entities.
We coordinate company liquidation including preparation of liquidation accounts and contacts with the advisors, liquidator and notary.
Accendium maintains partnership and shareholder registers, produce capital account statements and liaise with investors for all transactions such as capital calls, distributions, reports distribution and we respond directly to investor queries. We ensure KYC compliance and liaise with relevant tax advisors with respect to K-1 reporting for US investors.