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PRIVATE EQUITY FUND SERVICES
Today, more than ever, Private Equity managers are required to deliver financial accounting results and performance metrics
in a consistent, timely and accurate manner to a host of constituents, including investors, regulators and internal management.
With fund characteristics that include complex waterfalls, tiered management fee arrangements, investor friendly investment
structures and investments in both liquid and illiquid securities, regardless of whether a fund is internally administered or
utilizes an external administrator, the accounting and reporting function must be well controlled and subject to a rigorous and
defined set of processes. Citco offers high quality administration services to private equity firms by drawing on an industry
leading private equity technology platform and leveraging professionals that come from the private equity industry.
Citco’s core service offering includes Fund Accounting and Administration, Investor Relations, Tax, Financial and Regulatory
Reporting and SPV Administration Services, all provided on a global scale and managed through a single point of contact.
Private Equity Fund
Services
• Maintain fund accounting books and records
• Process investment transactions (acquisitions
and dispositions)
• Carried interest waterfall calculations and
modeling (distribution, hypothetical and
clawback)
• Management fee calculations
• Prepare schedule of investments
• Maintain investor capital account balances
• Prepare IRR (gross and net) and MOIC
performance metrics
Investor Relations
Services
• Maintain all investor records
subsequent close commitments, calls,
distributions, transfers, etc.)
• Prepare and issue capital call and
distribution notices to investors
• Communicate with investors and third
parties (investor queries and due diligence
questionnaires and auditor confirmations)
• Report distribution including newsletters,
capital account statements and schedule
of investments
• Web enabled reporting for LPs and GPs
• Investor KYC & AML
Tax, Financial and
Regulatory Services
• Establish and maintain tax capital accounts
• Financial Statement preparation
• Prepare federal, state, local and other
• Audit coordination and support
SPV Administration
Services
• Process capital activities (initial and
required tax forms
• Prepare schedule K-1’s
• Tax planning assistance for future products
• Regulatory reporting including Form PF
and AIFMD
• Interact with independent auditors and
tax advisors
• Establish domiciliation for holding company,
• Provide corporate secretarial services
management company, advisory entities
• Ensure fund entities meet local regulatory
and carry vehicles
requirements
• Multi-jurisdictional entity and portfolio
• Tax reporting assistance
governance
• Accounting, including preparation
• Establish and maintain bank accounts
of statutory financial statements and
• Provide personal/corporate resident directors
consolidations
CONTACTS
USA
Jeffrey Rosen
Email: jerosen@citco.com
Phone: +1 201 793 5572
Michael Peterson
Email: mpeterson@citco.com
Phone: +1 201 793 5674
Europe
Oliver Scully
Email: oscully@citco.com
Phone: +44 207 290 1369
Asia
Niall Fagan
Email: nfagan@citco.com
Phone: +65 6571 1702
Citco provides Private Equity Services globally from 45 offices including Amsterdam, Cayman Islands, Dublin, Guernsey, Hong Kong, London, Luxembourg,
Mauritius, New York, San Francisco, Singapore and Sydney
www.citco.com