Whether you are seeking to relocate an existing fund, or set up a new fund vehicle, VFS can provide a professional, timely and valued administration service to get your project up and running. We can leverage on our asset management background to better understand your requirements.
Tailored Solutions for Effective Fund Operations
For VFS, its not just about performing an administration function, its about becoming an integral part of the operations of your fund, a partner you can rely on to ensure a smooth journey for you and your investors.
VFS has experience administering a wide range of fund structures and fund types, including hedge funds, real estate, private equity, crypto and commodity funds. Operating in a small jurisdiction like Gibraltar means that we are accustomed to servicing niche funds and do not shy away from the less traditional investment strategies.
With our broad range of services and related expertise, we can accompany our client every step of the way. Our staff will support you during the initial set-up stages by offering the following;
- Advice on choice of fund vehicle
- Prospectus drafting or review
- Preparation or review of 3rd party agreements
- Obtaining regulatory permissions
Our primary responsibility as an administrator is to implement appropriate fund accounting procedures, which will enable us to accurately calculate the Net Asset Value of the Fund in a timely manner and within client deadlines. Our dedicated staff are driven to provide the highest quality service in the following areas;
- NAV Calculation
- Multi-currency accounting
- Calculation & payment of fees
- Bank reconciliation
- Liaison with auditors
- Attending to regulatory & tax matters
Our transfer agency service is a core element of our fund administration offering. We focus on customer communication and operational efficiencies to make it as easy as possible for investors to subscribe and redeem from your fund.
- Processing subscriptions & redemptions
- Collection of investor due diligence
- Maintenance of shareholder register
- Issue of contract notes and valuation statements
- General communication with investors
Our directorship and corporate secretarial services complement our offering by providing a complete solution for funds. We can provide our in-house, regulator-approved directors, or we can source external ones from our broad network of local professionals.
- Sourcing and appointment of directors
- Company incorporation
- Provision of registered office
- Statutory Company Filings
- Maintenance of Minute Book
- Convening of board meetings
Frequently Asked Questions
VFS provides end-to-end support for fund setup and administration. We can advise on choice of fund vehicle and legal structure and arrange meetings with other third parties such as banks and auditors. For funds with hard-to-value assets, or private equity, we liaise closely with the auditors to determine the best valuation methodology to apply. VFS can also draft fund documentation and obtain any necessary regulatory permissions. Our administration services cover the standard functions of NAV calculation, accounting, compliance checks, transfer agency and secretarial services amongst others.
Gibraltar offers unique advantages as a fund location, including reciprocal market access with the UK under the Gibraltar Authorisation Regime, competitive fund products like Private Funds and Experienced Investor Funds (EIFs), and flexible legal structures such as Limited Partnerships (LPs) and Protected Cell Companies (PCCs). VFS leverages its local knowledge and regulatory expertise to help clients take full advantage of these benefits, ensuring a smooth setup and efficient management of their funds.