Hedge Fund Administration

Strata has the ability to assist your fund in every stage of operation.

Distribute and track subscription documents to potential investors including ADV Part II
Review submitted subscription documents
Perform anti money laundering (AML) checks and know your customer (KYC) reports for new investors
Input investor information in database
Track and account for investor side letters
Confirm receipt of subscription/redemption documents with investors
Maintain investor documents electronically

Reconcile cash with banks and/or prime brokers
Price portfolio using independent pricing services and reconcile to broker statements
Prepare and review bank wires
Review and accrue for fund expenses
Calculate fund performance

Reconcile cash with banks and/or prime brokers
Price portfolio using independent pricing services and reconcile to broker statements
Prepare and review bank wires
Review and accrue for fund expenses
Account for any side pockets or share class
Prepare complex allocations and fee calculations
Calculate the net asset value of the fund
Prepare financial statements (balance sheet, income statement, general ledger, etc.)
Prepare and distribute investor capital statements
Calculate fund and investor performance
Assist fund manager with customized reports