Fund Administration & Diligence

Fund Setup & Administration - LP Management

LP On boarding – KYC, local regulators requirement
Co-ordinating for Subscription Agreement with LPs
Capital call follow ups, monitoring and reporting receipts
LP relationship Management like share certificate, Financials, Bank KYC support etc.
LP-wise statement – capital deployed / expenses / setup. Gross and estimated Net IRR (considering fees)
Investor Update (containing IRR) to be sent to all LP regarding the performance of Portfolio Companies.
Distribution calculations including waterfall Analysis and distribution Notices
Assistance in DD for onboarding any New Institutional LP
Point of contact for Investors queries

Monthly Maintenance of Books of Accounts
Co-ordination with the Local Administrator
Monthly MIS for submission to GP of the Fund
Repository of all regulatory compliance documents and KYC documents related to the Fund
Payments to various vendors working for fund
Assisting in the Auditing of Financial Statements
Assisting in filing of the necessary Tax returns in Local Jurisdiction / India
Assisting with preparation and maintenance of Secretarial records
Valuations of Portfolio Companies, as required by the Fund Managers
Sharing of Information with the Portfolio Company, basis their request like KYC, Financials etc.

1

Governance, Risk & Compliance

Monitoring the activities of the Board - Attend Board meetings as an observer, wherever required, Compliance review of portfolio company
2

MIS / KPIs tracking

Collating &/or Reviewing MIS of Portfolio Cos, Validation of Operational KPIs
3

Ownership monitoring & Rights protection

Cap Table Management, Running Secretarial Desk, Assisting in organizing all deal related documents like SHA/SSA/Share Certificates (even where fund not investing), Tracking of relevant CP/CS related to the deal