Fund Accounting

The priority of any fund manager is to generate returns for investors. But day-to-day fund administration, accounting and compliance can easily become a hindrance to the real work. And strict punishment for late filing only adds to the pressure you'll be feeling as a manager to keep investors happy. You want them to have complete confidence – not just in their fund’s administration, but in its financial reporting too.   

Managing complex and diversified portfolios of funds and managed accounts requires attention to transparency and increasingly diligent reporting. But that tends to take away from the preferred focus on analysing and selecting portfolio assets, with time spent  taking care of administration and laborious reports.

At Vistra, we offer a personalised service of the highest possible quality, which includes an expert period-end process that guarantees you’ll meet your deadlines. We're among the world’s leading providers of fund administration by assets under administration (AuA). Our expert accounting teams are fully qualified to prepare fund reporting and financial statements in accordance with your required accounting standard.  

By understanding your fund’s investments and investors as well as the effect of foreign exchange and any fees and expenses, our accounting teams accurately calculate the net asset value of the fund for you.

We perform accounting for real estate, private equity, hedge funds and fund of funds including services such as day-to-day accounting, management reporting, consolidation services, NAV calculation per fund guidelines, and financial statements preparation. Our professional teams are also experienced at GAAP, industry guideline and manager-specified variations. 

For retail investor funds, Vistra provides fund accounting and financial reporting for funds of any investor count. Services include capital activity reports; complex waterfall calculation; capital call calculations; distribution calculations; notifications, customised investor statements; tax services; and an investor web portal.

We have extensive experience managing the distribution of fund profits to investors, partners and executives. We recognise that calculating the waterfall correctly is a key administrative element for the manager and the investors, and offer qualitative checks in the interest of all parties.