Our Services

Fund Administration Services

Maintenance/management of fund accounting records including entries and GL

Quarterly and annual financial reporting in compliance with LPA including:

  • Fund-level financials
  • Allocations and LP capital accounts
  • Investment/valuation reports
  • Audit/tax supporting documentation
  • Tax coordination and K-1 distribution
  • Management of yearend audit process
  • Coordination of tax return preparation
  • Cash management, reporting, and forecasting
  • Facilitation of capital calls including calculation and distribution of notices to LPs
  • Facilitation of cash and in-kind distributions including calculation and administration
  • Preparation of IRR calculations
  • Preparation of carry waterfall calculations
  • Consultation on compliance with terms and conditions of LPAs
  • Implementation of necessary procedures/controls including wire procedures, valuation guidelines, etc.
  • Maintenance of database of LP information
  • Management of LP transfers
  • Management of ad hoc LP reporting requests

Testimonials

“NFS has the expertise to handle all of the administrative requirements of running a venture fund in addition to knowing what it takes to make an investment successful.  Their contributions allow a fund like ours to focus on what really matters: maximizing returns for our partners.”

– Wayne Wallace, Mutual Capital Partners