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Transcontinental Fund Administratoin, Ltd. Business Information

Transcontinental Fund Administratoin, Ltd.
33 N. LaSalle Blvd
Illinois, US
Zip Code:
(312) 578-0690
Website URL:
Administration of Insurance & Pension Funds
Financial Management & Consulting
Management - Accounting
Follow valuation procedure outlined by the investment manager and as disclosed in the LPA or other pertinent Fund documentation in line with US GAAP., Install software applications as available from brokerages, Provide monthly NAVs for investors., Provide the Fund manager with a confidential username and password for online access to the total portfolio and individual investor reports., Update and perform record maintenance for all documents/data related to the Fund, banks, intermediary companies and similar., manager or other service providers to ensure efficient retrieval of data related to the Fund (administration fee includes transactions for up to two prime brokers). Portfolio tracking. Facilitate capital call and distribution process by creating capital call and distribution notices and allocation calculations if applicable., such as from prime brokers
Complete all necessary forms and paperwork for bank accounts if applicable., Liaise with legal counsel regarding updating offering memorandum/prospectus, Obtain and maintain contact details of current service providers as provided by the Fund manager., Review offering memorandum/prospectus, anti-money laundering and regulatory issues, if necessary, interest classes as applicable, ongoing operational issues of the Fund for compliance within relevant jurisdiction, or questions related to investor qualification at the subscription stage, performance and/or other fees, subscription agreement, subscription agreement and statutory documents as it relates to the work of the administrator including but not exclusively work related to investor communication, valuation principals and all other issues relevant to the operations and administration of the Fund. Marketing documentation will not be a part of the review.
Calculate the NAV according to the requirements of the offering memorandum/prospectus or other relevant agreement outlining the ruling procedures., Incorporate changes to hurdle rates or high water marks as applicable. Calculate and oversee payments for management, Profit and Loss statement and General Journal for the Fund., Provide Balance Sheet, and oversee the payment of fees, commissions and expenses to approved AML-investigated service providers and relevant parties such as the Fund’s finders, if applicable., incentive and performance fees as detailed in the offering memorandum/prospectus. Prepare monthly P&L and BS according to US GAAP or IFRS. Identify all expenses with the Fund manager, including accrual of all variable and fixed expenses, review invoices
Major Intersection:
41.882827, -87.632047
Accepted Payment:

About Transcontinental Fund Administratoin, Ltd.

Transcontinental Fund Administration Ltd., services locations in the United States and the Cayman Islands, is an independent firm providing private equity, venture capital, real estate and hedge funds administration services.

33 N. LaSalle Blvd, Chicago, Illinois 60602
(312) 578-0690


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