Duquesne’s fund administration team serves all fund accounting mandates. As a full service, independent fund administrator, we offer enterprise accounting, investor servicing, and financial, tax and regulatory reporting.
Industry best practices strongly suggest that managers maintain their own books and records, adding cost and resource challenges. When supporting a shadow accounting mandate, Duquesne operates as an extension of the client from the point of trade and for every activity thereafter, delivering a timely and accurate set of internal books.
Clients for whom we serve as a customized shadow books and records, have access to the same team of seasoned CPAs and receive the same level of rigor as those whom we serve in a broader capacity.
Fund Manager, Duquesne’s proprietary partnership accounting software allows for complex fund structures, income and tax allocation, management fees and incentive allocation calculation, and reporting to fund partners and their designated contacts. We provide daily NAV estimates, monthly NAV statements, and fund operational overviews.