Apex takes over Deutsche Bank's alternative fund servicing unit

Apex takes over Deutsche Bank’s alternative fund servicing unit

Apex takes over Deutsche Bank’s alternative fund servicing unit On October 19, 2017, fund administrator Apex Group announced the acquisition of Deutsche Bank’s Alternative Fund Services business (source finalternatives.com: Apex takes over Deutsche Bank’s alternative fund servicing unit) and earlier in the year, they acquired Equinoxe Alternative Investment Services. So, what does this mean for[…]

Automated hedge fund administration

Automated hedge fund administration

Automated hedge fund administration Automated hedge fund administration has long been desired by investment managers.  We at Charter Group Fund Administration Ltd (CGFA) aim to provide exactly that.  We use intelligent systems to provide efficient and effective fund administration services.   With automated data feeds for pricing, corporate actions and connectivity enabling automated data flows[…]

CRS Update: Cayman Islands “Second Tranche”

CRS Update: Cayman Islands "Second Tranche" Cayman Hedge Funds and Investment Funds need to be aware of this CRS update. As an early adopter of the globally issued Common Reporting Standards (CRS), the Cayman Islands Government approved amendments to CRS Guidelines (known as “Second Tranche”) in December 2016 to ensure an effective and appropriate local[…]

Hedge Fund Custodian

Hedge Fund Custodian

Hedge Fund Custodian Hedge Fund Custodian   Here at Charter Group, we are fully versed in client’s requirements for custody solutions and have a strong network of custodians who can assist boutique funds looking for cost-effective custodial solutions. Contact us to find out more.   Prime brokers v Custodians While not all custodians are prime brokers,[…]

CRS and AEOI in the Caymans

Cayman Hedge Funds CRS update Cayman Hedge Funds CRS – Key dates under the Common Reporting Reporting Standards (CRS) Automatic Exchange of Information (AEOI) as follows: Pre-existing Accounts to be subjected to due diligence procedures are those in existence as at 31 December 2015 New Accounts requiring self-certification by the customer are those opened on[…]

Cayman investment hedge funds financial statement preparation

Financial Statements

The preparation of annual financial statements Cayman investment hedge funds financial statement preparation Cayman investment hedge funds financial statement preparation: – the preparation of semi-annual or annual financial statements (AFS) is becoming more and more complex. It can be difficult to keep up to date with the required presentation and disclosures required due to continual[…]