Phoenix American
Simply put, fund administration is the outsourced performance by a third party of back-office functions for an investment fund. In terms of the investment portfolio (the asset side), fund administration involves accounting, tracking.
Simply put, fund administration is the outsourced performance by a third party of back-office functions for an investment fund. In terms of the investment portfolio (the asset side), fund administration involves accounting, tracking and reporting transactions and values for the portfo
Fund accounting is a detail-oriented, deadline-driven role designed to streamline back-office administration for an investment fund so that fund management can concentrate on its core tasks of fundraising and the acquisition of portfolio assets. With the right fund accounting partner, an investment fund can rely on systematic day-to-day tracking of portfolio investments, their income, expenses and changes in value, cash flow in and out of the fund, management of investor needs and interaction with auditors and regulators. Fund accounting will produce ongoing reporting that monitors the vital statistics of the fund, supports investor information needs, aids the production of tax documents and simplifies audits and regulatory filings.
When you begin working with a fund accounting provider, you want to know what to expect from working with your fund accountant on a day-to-day basis. Fundamentally, fund accounting
Providing additional supports and value adds to our clients, as they have worked through the impact of the pandemic is something the team at Phoenix American placed significant focus on,” said John McInerney, Managing Director of PAFS Ireland. “With the continual recruitment and development internally. Read more on https://bit.ly/2QaUzBW
Lighthouse Life Capital’s fixed income debt investments, Beacon Bonds, provide investors the ability to participate in the life settlement asset class. Lighthouse Life’s strategy is to source and purchase unwanted, unneeded or unaffordable life insurance policies and generate revenue from the resale of the policies to third-party purchasers. Read more on https://bit.ly/3t1Zmo4
Return of Capital – 100% of profits are distributed to the investors until the total amount of their contributed capital is returned. Preferred Return – 100% of profits are distributed to the investors until a predetermined annual rate (a preferred return) is reached (usually 7-9%). Read more on https://bit.ly/2PEZjjH
Phoenix American Financial Services, Inc. (“Phoenix”) is pleased to announce its new client partnership with investment management firm Valeo Groupe Americas, LLC (“Valeo”). Phoenix will support Valeo with its industry leading investor services platform featuring the STAR-XMS shareholder management / transfer agent system as well as integrated fund accounting services. Read more on https://bit.ly/2OxDx0v
Phoenix American Financial Services provides full-service fund administration, fund accounting, transfer agent and investor services as well as sales and marketing reporting to fund sponsors in the alternative investment industry. The Phoenix American aircraft group provides administration and accounting services for securitizations specializing in the commercial aviation leasing industry. Read more on https://bit.ly/3t66FLk
PHOENIX AMERICAN FINANCIAL SERVICES AND PAFS IRELAND, LTD ANNOUNCE JOHN MCINERNEY WINNER OF THE AIRLINE ECONOMICS MAGAZINE FUTURE LEADER OF THE YEAR AWARD FOR 2020.Phoenix American Financial Services and its wholly owned subsidiary PAFS Ireland, Ltd (collectively “Phoenix”) announce today that John
Your customized web portal delivers fast, versatile, interactive access to STAR-XMS data. Users have dynamic web-enabled access to the information they need with a secure interface. Sponsors access the full universe of their investor information and easily communicate updates and marketing.
Different fund types are different with regard to waterfalls. – Real estate investors expect big returns on their investments with a targeted internal rate of return (IRR). The investor essentially represents debt to the fund, a fixed cost. There will typically be a mid-stream waterfall with a cap on returns. Read more on https://bit.ly/2PKO2hQ
Waterfalls can be applied at the individual level or the fund level. The individual-level waterfall adds the most complexity for fund accounting. Tracking allocations for investors who entered the fund at different times, under different provisions or spanning tax years adds a significant fund accounting burden. Read more on https://bit.ly/3mCDhKw
Transparency and responsiveness with investors and advisors promote loyalty and enhance the credibility of your brand. Web portal, email, phone and mail communications are all centralized and tracked in the STAR-XMS system, giving investors the information they need to manage their finances, file their taxes and decide to invest in your next fund. Management of investor questions and concerns eliminates a major distraction from your team’s focus on investments and sales.
Phoenix American, a leading fund administration provider, is pleased to announce its new client partnership with Pennsylvania-based life settlement company Lighthouse Life Capital. Phoenix American will fulfill the back-office operational needs of Lighthouse Life with its industry-leading investor services platform featuring the state-of-the-art STAR-XMS shareholder management / transfer agent system. Read more on https://bit.ly/2OK41fn
Lighthouse Life Capital’s fixed income debt investments, Beacon Bonds, provide investors the ability to participate in the life settlement asset class. Lighthouse Life’s strategy is to source and purchase unwanted, unneeded or unaffordable life insurance policies and generate revenue from the resale
Capital Square is a national investment sponsor specializing in tax-advantaged real estate offerings, including DSTs and Qualified Opportunity Zone (QOZ) funds. Founded in 2012, the company has completed over $2.3 billion in transaction volume. The firm is a leading sponsor of DST offerings for both investors seeking replacement property as part of a Section 1031 exchange and cash investors. Read more on https://bit.ly/3a3Hphm
Phoenix American Financial Services, Inc. (“Phoenix”) is pleased to announce its new client partnership with investment management firm Valeo Groupe Americas, LLC (“Valeo”). Phoenix will support Valeo with its industry-leading investor services platform featuring the STAR-XMS shareholder management/transfer agent system as well as integrated fund accounting services. Read more on https://bit.ly/3mMYUrt
Phoenix American Financial Services provides full-service fund administration, fund accountant, transfer agent and investor services as well as sales and marketing reporting to fund sponsors in the alternative investment industry.
Lighthouse Life Capital’s fixed income debt investments, Beacon Bonds, provide investors the ability to participate in the life settlement asset class. Lighthouse Life’s strategy is to source and purchase unwanted, unneeded or unaffordable life insurance policies and generate revenue from the resale of the policies to third-party purchasers. Proceeds from Beacon Bonds are used to expand networking, marketing and advertising of Lighthouse Life’s life settlement services and to purchase additional policies. Lighthouse Life works with financial professionals, including insurance agents, financial advisors, accountants, and others who advise and assist life insurance policy owners with the sale of unwanted policies. The goal is to realize return from the resale of policies in weeks or months rather than years, mitigating the risk of constructing and maintaining a portfolio of policies typically associated with life settlement funds.
Waterfall structures can become very granular. Venture capital and real estate fund managers often have complex waterfalls. Special situations and side letters for particular LPs add significant complexity. The greater the granularity of the waterfall structure the more items fund accounting will ha
Phoenix American Financial Services provides leading-edge fund administration, accounting and technology for the alternative assets industry. As an SEC-registered transfer ...
