Comprehensive Support for General Partners and Management Companies
We provide tailored operational support to meet the unique needs of not only the Fund, but also the General Partner and Management Company entities.
For the General Partner
- Accounting Management: Maintain accurate accounting records, including the general ledger and trial balance.
- Expense Handling: Facilitate and track expense payments, including wire setups for approval.
- Financial Reporting: Prepare annual financial statements, including balance sheets and income statements, as applicable.
- Tax Support: Collaborate with your third-party tax team by providing essential information and supporting documents for tax returns and K-1 preparation.
For the Management Company
- Accounting and Payables: Maintain detailed accounting records and manage accounts payable to ensure smooth transactions.
- Expense and Payroll Coordination: Record and reconcile credit card transactions and intercompany expenses, along with coordinating payroll with providers like Gusto, OnPay, and TriNet.
- Financial Reporting: Deliver monthly, quarterly or annual financial statement packages for better decision-making.
- Annual 1099 Process: Prepare and distribute 1099s to meet tax reporting requirements.
- Tax Support: Provide detailed financial information to third-party tax teams for tax returns and K-1 preparation.
- Cash Forecasting and Budgeting: Assist with cash forecasting and budgeting to support your financial planning needs.
Our expertise ensures smooth operations for your General Partner and Management Company, so you can stay focused on growing your fund.
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