Fund Administration Services

Private Fund Update

The Private Equity Fund Administration professionals at Ultimus LeverPoint work as a seamless extension of your firm. We provide Funds of all sizes customized back office and accounting solutions that increase operational efficiency of the Fund, ensure its daily operations run smoothly, and drastically reduce operational risk. Our teams will work with you to comply with all accounting and reporting requirements mandated by your Partnership Agreement. Your Limited Partners will receive accurate and timely reporting when you work with Ultimus LeverPoint.

Here is an overview of the back-office administrative and accounting services we provide for Private Equity, Venture Capital Funds, Real Estate Funds, Fund of Funds, Special Purpose Vehicles, Blocker Entities, Co-Investment Entities, Mezzanine Funds, Credit Funds and Buyout Funds.

To all of our clients, we offer:

Partnership Accounting
  • Review and interpretation of Partnership Agreements
  • Maintain General ledger
  • Calculating and recording all capital calls
  • Calculate distribution amounts
  • Calculate management fee
  • Create and maintain waterfall models; realized and unrealized
  • Preparation of cash disbursements and receipts
  • Record unrealized gains/losses on investments
  • Prepare carried interest calculations
  • Calculation of Fund IRR
  • Assistance and coordination of annual audits
Financial Reporting: Quarterly
  • Supporting Work papers
  • Financial statements
  • Capital account schedules
Treasury Services
  • Coordinate the set-up of bank accounts
  • Administer online banking portals
  • Ability to work with multiple financial institutions
  • Review wires and checks as directed for all cash movements of the Fund and related entities
  • Preform OFAC procedures for all wires prepared prior to execution
Additional Services
  • Track receipt of capital calls from investors and proceeds from investments
  • Report cash activity and balances in an agreed upon timeframe
  • Reconcile al bank accounts and provide activity reports on a monthly basis
Investor Services
  • Distribution of partnership correspondence:
    • Capital call notices
    • Distribution notices
    • Quarterly report updates
    • Financial statements
    • Capital account schedules
    • K-1 and other tax reporting
    • General Correspondence
  • Maintain database of Limited Partner information:
    • Contacts
    • Addresses
    • Wire instructions
Financial Reporting: Annual
  • Supporting Work papers
  • Financial statements
  • Capital account schedules
Limited Partners’ Capital Accounts and Allocations
  • Capital contributions
  • Distributions
  • Income and expense allocations
  • Management fee allocations
  • Realized and unrealized carried interest
  • Remaining Commitment
Want to Know More?

Interested in learning more about our solutions? We want to hear from you.

Contact Us Our Services

Institutional Strength | Boutique Service

About Us
Our Services
Resources

The Ultimus Group, LLC is an Equal Opportunity Employer. All rights reserved.

DISCLOSURE: Information contained on this website is based on public data, historical agreements and dialogue with intermediaries. Such information represents our current understanding of the described platforms and the costs associated with them. In many cases, such costs may be negotiable. All pricing and fee information is subject to change without notice.

8778 UFS 2/18/2022

Copyright © 2025 Ultimus Fund Solutions

Ultimus Fund Solution