Through Port of Hercules Administrators Limited, a British Virgin Island regulated fund administrator and wholly owned subsidiary of a Moore Stephens Member Firm, fund administration services are available along with other value-added services. A flexible solution is provided aimed at the small to medium size fund.
The following services can be provided:
Party introductions:
Linking fund managers to legal experts, custodian banks and other parties who can assist in the creation of the fund.
Fund set-up:
Review of documentation, implementing operational procedures so that the fund is ready to operate when required, liasing with lawyers, custodian banks and other parties to ensure a smooth commencement for the fund.
Fund administration:
Providing a high quality efficient back office support service for the fund managers. Performing monthly/quarterly Net Asset Valuations (“NAV”s) and providing the accounting function for the funds.
Transfer Agent/Registrar:
Dealing with subscriptions/redemptions into the fund and maintaining an up to date list of shareholders in the fund, as well as handling the ever increasing compliance requirements.
Investor relations:
Dealing with investor queries, sending out monthly statements and generally guiding the investor through their time within the fund.
Why choose us?
With our international coverage we are not restricted to any one jurisdiction and can offer unbiased and well-researched advice which best suits the fund rather than best suits us. We offer face-to-face friendly advice to our clients and try to establish the best possible working relationship rather than being just a voice at the end of a telephone. Extensive experience of administering hedge funds gives us the knowledge and capability to meet all your fund service needs.
What are the costs?
Fund administration fees are normally charged by Port of Hercules Administrators Limited, based on the value of the assets held. This fee is charged at a sequential rate that decreases as the size of the fund increases. There is a minimum charge per month and an additional fixed fee to act as registrar and/or transfer agent.