Domestic and Offshore Fund Administration



CFS provides comprehensive administrative services to U.S. domestic limited partnerships and offshore limited companies. This end-to-end service gives an institutional-level back office operation that fulfills the sophisticated investors demand. CFS handles fund-related compliance, operation, and accounting which enables clients to focus on managing, building, and growing their business.

CFS’s strategic relationships with offshore fund administrations that offer clients a comprehensive offshore fund administration service. Under this arrangement, CFS holds responsibility for all fund accounting services while the offshore administrator provides registrar and transfer agent services. As a direct representative, CFS seamlessly handles all communication with offshore administration.

This full-administration service utilizes sophisticated portfolio management system and other reconciliation software. CFS receives trade blotters directly from clients (or their traders) and independently reconciles all transactions with prime brokers or custodians on a daily basis. Additionally, CFS addresses accounting and operational issues as they appear to ensure on-schedule preparation and delivery of NAV reports. CFS utilizes independent pricing to value the portfolio and calculate the net asset value.

Administrative services include:

  • Distribution and tracking of the Fund’s offering documents
  • Accept investor subscription documents and process redemption requests
  • Perform anti-money laundering procedures
  • Monitor ERISA exposure
  • Receive and process daily trade blotter into CFS’s portfolio management system
  • Reconcile daily trading activities, accumulative holdings, cash, dividend and reorg against prime broker(s).
  • Communicate with portfolio manager or trader and prime broker to resolve any trade breaks
  • Prepare monthly balance sheet, statement of operations, and performance results.
  • Prepare and distribute investor capital statements
  • Assist investor due diligence on operations
  • Assist in the year-end audit.
  • Performance statistics