Roundtable’s fund administration services encompass a wide range of activities, throughout the lifecycle of the fund, as further detailed below (although non-exhaustive):
Pre-Launch phase
Fund documentation: providing our template fund documentation, including the LPA, the Deal Sourcer Agreement (the contract between you and the fund) and the subscription agreements
Legal structuring: setting up the legal structure of the fund, including domiciling the fund, registering it with the Trade and Commerce Registry and with the regulator.
Service providers selection: Roundtable has selected and negociated best rates with quality and secure service providers such as the bank and the auditor of the fund.
Launch phase
Investor onboarding: handling the due diligence and AML checks on the investors;
Subscription processing: issuing the individualised subscription agreement;
Initial closing: collecting the capital calls of all initial investors.
Investment and operation phase
Regular capital calls (up to four a year): handling the capital calls required during the life of the fund;
Fund accounting and valuation : performing fund accounting tasks, including calculating net asset values (NAVs) and ensuring compliance with relevant accounting and valuation standards (Lux GAAP and IPEV valuation guidelines);
Transaction administration: processing and recording the fund's investment transactions, as well as investor transactions such as subscriptions and transfers
Regulatory reporting: ensuring that the fund is in compliance with the relevant laws and regulations, performing tasks like compliance monitoring, regulatory filings, and compliance training
Tax reporting: preparing financial statements, preparing annual account for the fund, individual investor statement,
Liquidation phase
Upon expiry of the fund, Roundtable takes care of the fund’s liquidation.