Fund Administration

Leveraging Unmatched Credit Expertise

Virtus is helping managers deal with the most challenging strategies and structures in the industry today.

Virtus has continued its history of innovation and developed best in class technology and managed services for hedge fund administration. Virtus Partners’ Fund Services was established by industry veterans specifically to meet the needs of credit-focused asset managers. Our offering delivers comprehensive solutions to managers of liquid bank debt funds, risk retention structures, hybrid debt funds, structured credit funds and closed end funds (direct lending, mezzanine, special situations).

Our Investor Services personnel are based in key fund domiciles and have extensive compliance experience to support both onshore and offshore funds. Utilizing an industry leading application, we offer clients powerful core registration, segregated portfolio capabilities in addition to supporting complex fee methodologies and customized investor arrangements (side letters, rebates). We offer seamless integration to client CRM systems with customizable exports and reporting.

  FUND ACCOUNTING

  • Cash and Position Recon
  • Independent Pricing
  • NAV calculation
  • Transparency Reporting
  • Financial Statements (US GAAP and IFRS)
  • Historical back log of all transaction (conversions)
  • Waterfall calculations (IRRs, Carried Interest)
  • Capital roll forwards
  • Audit Support

   INVESTOR SERVICES 

  • Compliance (KYC, FATCA, AML)
  • Fee calculations
  • Web based portal
  • Maintenance of escrow accounts
  • Statements (units, shares, partner capital account)
  • Investor communication/ requests
  • Due Diligence

 

 

 Contact us for more information
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Best Administrator Winner- Innovation

-Alternative Credit Intelligence U.S. Fund Services Awards 2016

Best Administrator Winner- Small and Start Up Funds

-Alternative Credit Intelligence European Services Awards 2016