Case Studies

Management Fee and Performance Fee for Fund of Hedge Fund

FundCalcs was requested by a Fund Administrator client to deliver a solution for a monthly priced Fund of Hedge Funds for both the management fees and the performance fees. Several underlying investments within the fund’s portfolio are managed by the same Investment Manager and these must be netted from the basis used to calculate the monthly management fee. For the performance fee, a cap is in place and the calculation method requires some of the underlying investments to also be removed from the GAV. These calculations had not been possible in the existing Fund Accounting system and removed a high…
Darren Forde
January 16, 2019
Case Studies

Performance fee with netting across different series

FundCalcs was requested by a Fund Administrator to deliver a solution for a Hedge Fund client with monthly series funds to implement a performance fee calculation that requires a netting of Investors holdings held across multiple different series within the fund. The solution was delivered on budget and on time and allowed the Fund Administrator to migrate their client from an internal system to a new TA platform thus removing high risk excel processes from their operations. FundCalcs operates a DevOps model which enables us to build effective customer solutions flexibly and in short timeframes. Our engineers work with operations,…
Darren Forde
January 15, 2019