General Partners

A New Standard of Operational Excellence

PEF offers a complete, outsourced fund administration solution for General Partners that includes fund accounting, financial reporting, and capital management.

We offer strategic, high-touch services that streamline and enhance the administration of illiquid alternative assets to enable firms to increase operational efficiency, scale operations swiftly, and deliver a new level of service to their investors.

With extensive experience in highly regulated and specialized fund areas, we find creative, tailored solutions to complex challenges for General Partners and their management companies.

Download The Brochure for more information on PEF’s Fund Administration services. See how we help our clients enhance control, visibility, and decision making.

Our Services

General Partner Entities

PEF offers a complete, outsourced fund administration solution for General Partner entities that includes fund accounting, financial reporting, and capital management.

Fund Accounting

  • Review cash activity, reconcile to supporting documentation and record transactions
  • Reconcile bank accounts
  • Record valuation and other adjustments
  • Prepare quarterly accounting reports including: trial balance, balance sheet, income statement, general ledger and journal entries
  • Prepare and distribute 1099s

Capital Management

  • Monitor capital needs in conjunction with the General Partner
  • Allocate capital call and distribution amounts to each investor
  • Prepare and distribute call and distribution notices
  • Monitor receipts for capital calls and payment for distributions

Financial Reporting

  • Maintain support schedules for partner allocations and distribution waterfall
  • Prepare and distribute annual capital account statements

The Future of Private Capital Fund Services White Paper

Just as GPs implement a roadmap for the front office ahead of every fundraise, they need to develop a roadmap for back-office readiness and fund services excellence in order to ensure that they are ready to respond to the needs and priorities of investors.

In this white paper, we examine the timeframes and the operational and technological capabilities that need to drive the fundraising roadmap for every investment manager.

White Paper: The Future of Private Capital Fund Services

Benefits of Outsourcing Private Capital Fund Administration

In the past decade, the private capital industry has changed—and grown—dramatically.

As the pace of change accelerates, a growing number of investment firms of every size and type are rethinking their back-office strategy…and turning to outsourced fund administration.

Featured Case Studies

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