Increasingly venture capital, real estate and private equity funds are seeing the value of outsourcing their administrative functions. Especially as investors demand more consistent, standardized reporting, fund managers have learned quickly that outsourced fund administration services can deliver the quality and transparency needed to attract and maintain institutional investors.
At Piedmont, we understand the differences between hedge fund administration vs. venture capital, real estate and private equity fund administration. While all funds face a similar competitive landscape when it comes to attracting capital, the disclosures and calculations necessary to gain investor confidence are significantly different. Our team offers venture capital, real estate and private equity fund administration services customized to the needs of these specialized entities, such as:
Preparation and distribution of capital call notices.
Calculation of true-up interest charges.
Calculate and track preferred return for investors.
Distribution calculations in accordance with waterfall provisions in a limited partner agreement.
Our professionals have advised some of the largest private equity clients in the world. Our knowledge and experience with these unique entities give us a wealth of insights into how auditors examine venture capital, real estate and private equity. Piedmont’s venture capital, real estate and private equity fund administration services deliver the reliable accuracy of experienced CPAs coupled with secure online access to detailed, transparent and understandable reports that investors expect. We design our capital calls and investor reports to conform to the format recommended by the Institutional Limited Partners Association (ILPA).
Piedmont administrators will help your fund meet increasing demands for transparency and accuracy while also reducing transaction friction.