Case study
Client Challenge – Client outsourcing for the first time
The client is a $100b+ fund manager with multiple fund structures and a large volume of activity within its portfolio.
Fund Administration
Outsourcing and co-sourcing fund administration and reporting solutions
Overview
Our Fund Administration Services
Petra provides comprehensive fund administration support to private investment funds, including accounting, reporting, portal management and investor services.
Equity
Credit
Fund of Funds
Infrastructure
Venture Funds
Real Estate
Fund Accounting
All aspects of fund accounting, including tracking capital contributions and distributions, calculating profit and loss allocations, performing waterfall calculations, and determining management and performance fees with precision and transparency.
Capital Account Statement
Production of comprehensive capital account statements for investors and other tailored reporting services, providing investors with clear, accurate, and timely insights into fund performance, allocations, and financial positions.
Capital Activity
We provide support for the full range of capital activities, including preparing capital call and distribution notices, supplying data for quarterly investor letters, and responding to limited partner requests, ensuring accurate and timely communication with all stakeholders.
Treasury Services
Assistance with the monitoring and management of cash flows and assistance with wire set-up for fund distributions.
Investor Services
Management of clients’ portal posting, maintenance of maintaining investor records and management of communication flow with investors.
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