At Precision Fund Services, we offer comprehensive support during the critical prelaunch phase of your fund. Our experienced team assists in the setup and structuring of the fund, budgeting fund formation cost, regulatory compliance, investor onboarding, bank account opening, referral of fund providers and review of all necessary documentation. We ensure that your fund is positioned for success right from the start,s allowing you to focus on your investment strategy with confidence.

We adhere to the highest accounting standards, including International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Our commitment to financial integrity ensures accurate and transparent reporting, providing you and your investors with a clear understanding of your fund's financial health.

At Precision, our expertise extends to a diverse array of fee and class structures, custom-tailored to meet the unique needs of your fund. Our adaptable approach enables us to manage a wide spectrum of fee models, encompassing management fees, performance fees, high watermark structures, and equalization methodologies. Moreover, we have the capability to accommodate various share classes with distinct rights, offering you the flexibility to attract a broad range of investors. This includes multi-fee classes, senior-subordinate classes, cross class portfolios and more.

Precision Fund Services boasts extensive experience in servicing a diverse range of fund structures across different jurisdictions. Our capabilities encompass structures such as Cayman SPC, ELP BVI, GPLP, US LLC, SGVCC, Hong Kong LPF, and OFC. These include hedge funds, private equity funds, venture capital funds, real estate funds, and crypto funds. Our expertise extends across various asset classes and investment strategies, ensuring that we can adeptly cater to the unique requirements of your fund.

Our diverse client base engages in a wide range of fund types and investment strategies. From traditional long-only equity funds to complex alternative investment strategies like global macro, event-driven, and cryptocurrency funds.

Absolutely, Precision Fund Services takes pride in its recognition and trustworthiness among major market players. This includes asset managers, institutional investors, and industry regulators. Our steadfast commitment to excellence and the delivery of premium services has firmly established us as a premier fund administration partner within the financial services industry.

Precision offers fund domiciliation services in a multitude of jurisdictions around the globe. Among these, you'll find renowned financial hubs like the Cayman Islands, which have long been favored choices. Moreover, we cater to emerging jurisdictions with favorable regulatory environments, such as Singapore and Hong Kong, which are increasingly popular among fund managers seeking enhanced flexibility and global outreach.

At Precision Fund Services, we have a robust Anti-Money Laundering (AML) and Know Your Customer (KYC) infrastructure in place to ensure compliance with global regulations. Our thorough due diligence processes and ongoing monitoring protocols mitigate the risk of financial crime and protect both our clients and their investors.

Our NAV reports are tailored for hedge funds and crypto funds and you can expect to find a comprehensive set of financial reports encompassing the Statement of Assets and Liabilities, the Statement of Operations, and the Statement of Changes in Net Assets. These reports offer a meticulous breakdown of the fund's performance, expenses, and net asset value, providing invaluable insights to support informed investment decision-making.

The NAV Pack provides an internal, detailed breakdown of a fund's net asset value, including holdings and valuations, and is generated regularly for management purposes. On the other hand, an Audited Financial Statement undergoes external verification by independent auditors. It offers a comprehensive view of a fund's financial position, performance, and cash flows, providing assurance to external stakeholders like investors, regulators, and other interested parties. Most alternative funds will need to prepare both a NAV Pack and an AFS. We will also handle the preparation of the annual financial statement for the fund and provide assistance with the fund's audit.

At Precision, we adhere to a well-defined set of principles meticulously outlined in our internal AML/KYC manual. This comprehensive manual governs our AML checks and risk assessments, encompassing critical aspects including Customer Due Diligence, Transaction Monitoring, Risk Assessment, Record Keeping, Employee Training, and Reporting to Regulatory Authorities. These principles form the backbone of our commitment to maintaining robust AML/KYC controls and ensuring compliance with global regulations.

No, Precision does not provide tax or legal advice. While we do review fund documents as a fund administrator, we do not draft any fund documents for our clients, nor do we offer tax or legal advisory services. However, we are more than willing to refer our partner firms, who specialize in these areas, to assist with any legal or tax opinions you may require.