Hedge Fund Administration

Halpern and Associates provides a variety of solutions for sophisticated fund managers and investors where an independent third party verifies the results of their investments. This allows money managers to comfortably keep their clients connected to their investments. Halpern and Associates provides specialized accounting, consulting and administrative services for domestic and off-shore hedge funds, fund of funds as well as personal accounts.

By allowing Halpern and Associates to provide our services it allows our clients to focus on their trading platforms, raising capital funds and investor relations. Our clientele range from emerging managers to advisors with hundreds of millions under management. Halpern and Associates are well known in the field as a respected and dedicated partner that strives to meet the specific needs of each client in a timely manner.

Administrative services offered:

Anti-Money Laundering (AML) due diligence.

Interface with Prime Brokers. Utilizing electronic access, your accounts at the prime broker are reconciled to ascertain that all transactions have been properly recorded and accounted for.

Generate reports reflecting realized and unrealized gains and losses from which monthly financial statements are prepared.

Calculate partner economic and tax allocations, performance and net asset values (NAV).

Prepare investor letters reflecting each partner's capital contributions, withdrawals and allocation of income.

Assist auditors with preparation of year end audit workpapers and financial statements.

Preparation of partnership tax returns and K-1s