Langham Hall Fund Management (Jersey) Limited
3rd Floor Walker House, 28-34 Hill Street, St Helier, Jersey, JE4 8PN
www.langhamhall.com/chris.marshall@langhamhall.comAbout
Langham Hall has offices in London; Hong Kong; Jersey; Guernsey and Luxembourg and provides high quality private equity and real estate fund administration for clients alongside technical advice; consultancy and assistance with fund formations.
Our approach is flexible and efficient; we adapt our services to best fit our clients and purpose based on needs.
We freely share our experience of establishing funds and welcome contact from fund managers at an early stage who may like to discuss their overall back office strategy.
Fund administration and accounting
Langham Hall provides a range of services to funds, special purpose vehicles, joint ventures, trusts, carry vehicles, co-investment vehicles and management companies. Our services include:
Set up
assistance with fund formation;
anti-money laundering (AML) and Know Your Client (KYC) limited partner / investor verification;
review of operational documentation including limited partnership agreements (LPA), prospectus, private placement memoranda (PPM), trust deed or memorandum and articles;
introduction to intermediaries including legal advisers, auditors, tax advisers and compliance consultants;
oversight and assistance with regulatory set up;
opening bank accounts;
set up of general ledger and mapping to underlying charts of accounts;
investor reporting tailored to fund manager specification incorporating industry best practices; and
introduction of independent non-executive directors.
Administration
maintenance of limited partners’ capital accounts;
upkeep of company or partnership registers;
maintenance of limited partners subscriptions / investor contacts;
calculation of capital calls, distributions and transfers of limited partners interest;
timely response to limited partners / investors questions;
independent carry calculations in line with LPA;
administration of issues and redemptions;
oversight of the investment process ensuring alignment to investment criteria set out in the LPA;
provision of registered office;
company secretarial services;
preparation of regulatory filings;
General Partner (GP) meetings;
processing of statutory returns;
ongoing compliance with anti-money laundering requirements;
provision of Compliance Officer and/or Money Laundering Reporting Officer;
VAT, CIS and Non Resident Landlord reporting;
ensuring compliance with jurisdictional regulatory requirements; and
FATCA reporting.
Accounting
investor reporting;
preparation of financial statements;
maintenance of full accounting records of the fund including nominal ledger;
calculation of net asset values (NAVs);
calculations of fees and accruals;
treasury, including facilitating payment of fund level expenses;
oversight and coordination of the audit process;
provision of information required for tax returns;
preparation of VAT returns; and
coordination of information from property or development managers.Categories: Fund Administrators & Services.
