Fund Services Hedge Funds

Backed by industry leading systems, the Maples Group maintains accounting records for hedge funds across a wide range of investment strategies and instrument types, and ensures timeliness and precision in the delivery of our NAVs.  Our activities include:

• Valuing investment positions using independent market data
• Processing corporate actions and maintaining security masters
• Reconciling cash, positions and transactions to prime brokers, custodians, managers and other counterparties
• Independently verifying the existence of private assets
• Calculating management fees, performance fees, and equalisation adjustments
• Compiling customised analytical reports
• Preparing financial statements and assisting in the audit process by providing relevant accounting records and supporting schedules
• Calculating net asset values

Our approach emphasises partnership with our clients and high touch client service.  This is supported by a dedicated team of qualified accountants, many with prior experience at top tier accounting and consultancy firms, undertakes continuous professional education to ensure they remain up-to-date with the ever changing requirements of financial reporting standards and local statutory obligations.  In addition, we offer a unique technology solution that features SS&C Advent Geneva, an industry leading portfolio accounting system, and award winning proprietary systems for data management and reporting that differentiate us in the industry.

With investors becoming increasingly sophisticated, hedge funds must be prepared to respond to their demands for greater transparency and customised reporting.  In addition, as regulatory regimes around the world evolve, it is critical that hedge funds quickly adapt to relevant legislation within their jurisdictions of domicile.  The Maples Group provides solutions to facilitate smooth communication between hedge fund managers and their investors, and to ensure regulatory compliance.  Our activities include:

• Performing investor due diligence in accordance with applicable anti-money laundering legislation
• Processing investor transactions - including subscriptions, redemptions, transfers and distributions
• Maintaining the register of investors
• Opening and operating bank accounts to process capital transactions and pay expenses
• Providing secure, online access to investor reporting including contract notes, statements, notices and other ancillary documents and correspondence
• Providing timely responses to ad hoc inquiries from investors and their authorised representatives

We seek to provide an exceptional client service experience for both the fund managers with whom we work and their investors.  Supporting this approach is our robust technological infrastructure which allows us to be dynamic in responding to their evolving needs.

In a competitive market environment, it is has become more important than ever for fund managers to focus on their core competency of investment decision making.  However, a robust operational infrastructure is also important to a fund’s success.  The Maples Group offers a range of outsourcing capabilities that provide the systems, processes and professional expertise to support hedge fund managers in the maintenance of their books and records and meet the information requirements of investment strategies.  Our services include:

• Upfront consulting on portfolio structures and operating models, process re-engineering and development of custom reporting and information system solutions
• Data management, including trade allocations, trade capture, security master maintenance, price data, data enrichment, over-the-counter document review and automated reconciliations
• Cash and collateral management, including cash reporting and reconciliation, liquidity projections, counterparty exposure, collateral tracking and limit monitoring
• Maintenance of a manager’s books and records across multiple portfolios

Our systems can aggregate information from both our internally maintained accounting systems and third parties, including custodians, administrators, managers.  This information is distilled into intuitive analytical reports that provide insight into portfolio positions, exposure, risk and performance to support investment decision making and reporting processes.