Call us today if you need a title loan! ...read more

Private Equity Fund Accounting Services: Preparation of monthly, quarterly and year-end financial statements. Calculation of calls and distributions for investors. Calculate management fees. Set up of appropriate bank accounts. Facilitate fund for audit and taxes. Calculate IRR’s and other performance metrics Arrange payments of all fund expanses. Catch up calculations for multiple closings. Calculation of carve-outs, hurdle rates, waterfalls and other complex allocations of profits. Calculation of monthly NAV’s Quarterly statement of changes, managements and performances fees, and GP & LP allocations.   Investment Property Accounting Services: Financial reporting, accounting & bookkeeping. Full Consolidation Reporting for property entities, if required. Prepare and issue Form 1099 at end of each fiscal year.   Investor Reporting Services: Reporting to investors via proprietary online platform. Record maintenance for portfolio documentation (e.g. Purchase Agreements, private options, and similar documents.) Reconciliation of capital call and distribution process towards incoming and outgoing cash. Creation and distribution of statistical and risk reports.   Fund Formation Services: Liaison with auditor/ tax preparer. Filing of the Annual Return of the Registrar of Companies and the Annual Mutual Fund License fee with the CIMA. Liaison with legal counsel for compliance within onshore and/or offshore  jurisdictions. Taking inventory of AML & KYC transaction documentation. ...read more

TFA’s fund administration process is team-based. When a fund hires TFA, a highly-qualified team (comprising of members from Client Relations, Compliance, Operations and IT) is involved in the set-up and ongoing maintenance of the fund. This approach allows us to respond to fund requests quickly and provides the flexibility to adapt to a fund’s changing requirements as it grows. A unique group e-mail alias is setup for the fund – any requests sent to this group e-mail are directed to the appropriate person who deals with that particular aspect of the fund. Client Relationship Management&Compliance Each fund is assigned to a client relationship manager who handles communication with the fund’s investors, the transfer agency process, ongoing cash maintenance and wiring. The head of compliance oversees the transfer agency process and deals with regulatory or compliance issues arising in the process of administering the funds. Operations Group The operations group led by the COO is comprised of qualified accountants and operations analysts based in Chicago. Each fund is assigned to a specific operations analyst or accountant with an assigned back-up. The assigned individual works under the supervision of a senior accountant and is responsible for NAVs, financial statements, valuations, ledger entries, any other quantitative and statistical calculations necessary, shareholder/partner reports, audit support and tax preparation work. Information Technology Group To ensure operational efficiency and robust process integration for fund administration, TFA relies on state-of-the-art technologies for its internal operations as well as for information sharing with its clients and investors in the funds. TFA has thus developed a comprehensive, systematic and risk-sensitive approach to technology and information security. TFA works with a leading provider of technology outsourcing for all of the company’s servers, desktops, network infrastructure, cloud and backup solutions. The company’s proprietary software development and maintenance is managed through the Chicago office.   ...read more