The power of integrating fund administration with compliance streamlines processes and delivers cost-effective solutions for any fund structure.
STP’s offering integrates fund administration and compliance into a single, cost-effective solution, eliminating the need for multiple service providers and providing the infrastructure and regulatory support private fund advisers need to establish and scale their funds efficiently.
For example, client and portfolio data used in delivering fund administration services is leveraged by STP’s ComplianceAdvisor team in preparing a manager’s regulatory filings. Streamlining these processes eliminates the need for new managers to source multiple service providers, delivering cost savings and operational efficiency through economies of scale. STP includes access to STP’s BluePrint platform, a technology-driven solution that centralizes investment operations, reporting, and analytics.
Many Funds, One Solution
As an industry-leading, independent fund administrator, STP is proud to partner with managers covering a wide array of fund structures, including:
- Hedge Funds
- Private Equity Funds
- Venture Capital Funds
- Fund of Funds
- Real Estate Funds
- 40 Act Funds (Shadow Accounting)
Key Capabilities for Private Fund Advisers
Fund Administration
- Generate profit & loss
- Calculate daily/monthly/quarterly NAVs
- Provide independent valuations
- Reconciliation/verification of portfolio to brokers & custodians
- Calculation and allocation fund expenses
- Tax and audit support
- Prepare financial statements
Investor Services
- KYC & AML exercises
- Subscription, redemption, & transfer processing
- Cash management
- Investor reporting and STP BluePrint Investor portal
- Maintain share register of investors
- Assist with the opening of and operation of fund bank accounts
Middle & Back Office Services
- Trade capture and processing
- Maintain security master, provide pricing, and data enrichment
- Cash and collateral management
- Shadow NAV / NAV Reconciliation
- Provide fund performance and attribution
- Prepare fund factsheets
- Update consultant databases
Compliance Services
- Form ADV & Form PF
- BlueSky & Form D
- Form 13 filings
- Performance advertising disclosures
- Compliance policies
- Exams and compliance reviews
- Outsourced compliance functions
Why Choose STP
Private Fund Advisers partner with STP to access and optimize numerous operational benefits, including:
- Administration of all fund structures
- Reduce staff and software cost
- Access STP’s subject matter experts
- Scale without limitations
- STP’s continuous investment in technology
- Focus on core competency
