About Us
Kensington Fund Services Ltd.’s highly qualified and experienced team provides a full range of portfolio and fund accounting services to investment entities domiciled in onshore and offshore jurisdictions.
We are licensed by the Bermuda Monetary Authority (“BMA”) and are subject to their oversight. The BMA has a very thorough licensing criteria and conducts regular on-site reviews of the entities that are under their supervision. Our Fund Administration license, therefore, provides you with an additional layer of comfort when deciding on which administrator to use, regardless of where your fund is domiciled.
- Calculating Net Asset Values for onshore and offshore funds, including best practice equalization calculations of incentive fees
- Three-way reconciliation of investments and cash with custodians and clients
- Independent valuation of public and private securities
- Multi-currency accounting
- Partnership accounting
- Investment company, master-feeder, segregated portfolio, trust, partnership and other corporate structure accounting
- Private equity accounting and administration
- Side pocket accounting
- Preparation of financial statements and co-ordination with auditors
- Fully customizable financial reporting
- Investor reporting of period end holdings and valuations
- Maintaining investor records, share registers and partners’ capital account balances
- Processing and confirmation of investor activity
- Performing investor due diligence under Bermuda’s AML/ATF laws and regulations and the USA PATRIOT Act
- Distribution to investors of notifications, updated offering documents, and audited financial statements
- Transfer of authorized subscriptions monies to trading accounts
- Payment of authorized redemptions and third-party expenses
Fund corporate services
If your Fund company is based in Bermuda then we can offer your Fund corporate services via our sister company Mayfair Corporate Services Ltd.
By using Mayfair instead of another provider, you will experience the following advantages:
