Fund of Funds

MG Stover has broad experience working with fund of funds and offers solutions tailored to the unique needs of our fund of funds clients. Our solutions are designed to address the operational needs of the fund of funds manager and provide the reporting that managers require to make investment decisions. Our reporting capabilities allow for transparent views of the fund of funds portfolio including liquidity classifications and class and sector exposures. We provide reporting iterations from estimate through final NAV as well as performance and attribution analysis to track results.

Other specific services for fund of funds include:

Portfolio pricing and NAV calculation
Trade processing and confirmation
Account reconciliations to supporting documentation
Income allocation to partners and shareholders
Expense calculations and payments
Monitoring cash requirements and capital commitments
Maintain share register and capital balances
Process all investor subscriptions and redemptions
Investor communication and web-based reporting
Process management and incentive fees (variable fee structures are supported)
Anti-Money Laundering Procedures
Preparation and distribution of portfolio performance; daily or weekly estimates
Preparation of monthly financial statements and reporting on a timely basis