Fund Accounting Services

Fund Accounting Services

Whitley Penn offers an array of investment fund accounting and administration services.  From quarterly financial statement preparation to one-off partner request completion, our professionals deliver the level of service to fit your company’s needs. We work with large investment funds raising equity commitment totals in the hundreds of millions, and we also have experience with smaller family-owned businesses requiring less extensive reporting. Whether acting as your outsourced accounting department or serving to provide another level of review and consultation, the fund accounting services team addresses the unique needs of an investment fund. This group’s knowledge and experience with distribution waterfall calculations and complicated allocation processes serves to provide top quality accounting in a niche category.

Our services include:

  • Financial statement and footnote preparation
  • Investor capital statement reporting
  • Hypothetical liquidation calculation
  • Distribution waterfall calculation
  • General ledger maintenance
  • Management fee calculation
  • Investor relations management
  • Partner request and audit confirmation completion