Product Brief

Everything You Need to Know About Accounting for Fund Investments

From family offices to traditional asset managers, more and more firms are investing in externally managed, third-party hedge and private equity funds. Fund investments have a number of nuances, notably irregular pricing intervals and fluctuating market values, that pose accounting, workflow, and operational challenges. Without dedicated fund investment functionality, firms will often rely on offline spreadsheets to track these investments.

It’s important to have a solution that enables them to accurately account for and report on their positions in these funds alongside their traditional holdings. This solution should reduce operational risk, ensure up to date accounting accuracy for their entire book, and meet investor reporting requirements.