In an ever-changing industry where it can be difficult to stand out, it is good to know you have a partner by your side who will advise you of best practices related to regulatory and reporting requirements and help you ensure compliance. We offer a broad spectrum of services to support your firm’s needs now and as you grow. From conceptual idea to fund launch through the full fund lifecycle, Socium Fund Services’ team delivers customized fund administration services to meet your evolving needs. We are here for you.
Fund administration solutions
built for your strategy
In addition to our tech-forward offering, our partner-led teams are what differentiates us. When you partner with Socium, you receive a dedicated team who has experience administering funds with your specific strategy. Whether you manage a Private Equity, Real Estate, Venture Capital or Private Credit fund, our talent is unmatched. We are the team you would hire internally.
Independent Sponsor
Corporate Services
Offering and Subscription Document review • Post and monitor investor documents • Consulting & best practice reviews • Service provider introduction selection
Accounting Services
Maintain books & records in local and reporting currencies • Maintain investor capital account balances • Process investment related transactions • Calculate and record expense accruals • NAV Calculations • SPVs & AIVs • Price Verification • Fee calculations • Annual audit support and coordination • Ensure adherence to accounting polices and procedures • Management company accounting
Treasury Services
Payment processing • Monitor credit facilities
Tax Services
Preparation of tax returns, tax allocations and investor K-1s • State and Local Filing • Form 1099 • Tax consulting • Tax waterfall modeling
Investor Services
Perform AML & KYC checks (initial and ongoing) • Electronic Subscription Processing • Prepare and Issue capital calls • Prepare and Issue distribution notices • Investor Reporting and partner capital statements • Carried Interest Modeling with “what if” scenarios • Host custom web portal with fund raining capabilities • Side letter processing • Partner transfer processing • Investor queries, due diligence questionnaires, audit confirms
Reporting
Customized Widgets and Dashboards • Prepare unaudited NAV package • Custom Attribution and detailed portfolio reporting • Aggregated reporting
Financial Statement Preparation
Unaudited financial statements • Audited Financial Statements with Footnotes for publication • Preparation of supporting work papers
Private Credit Fund Manager
Corporate Services
Offering and Subscription Document review • Post and monitor investor documents • Consulting & best practice reviews • Service provider introduction selection
Accounting Services
Maintain books & records in local and reporting currencies • Maintain investor capital account balances • Process investment related transactions • Calculate and record expense accruals • NAV Calculations • SPVs & AIVs • Price Verification • Fee calculations • Annual audit support and coordination • Ensure adherence to accounting polices and procedures • Management company accounting
Bank Loan Administration
New asset setup • KYC & AML Compliance • Loan activities: Interest, Prepayment, Rate sets, margin changes, payoff, etc. • Process Assignment & Participations • Process amendments and waivers • Active Agent bank communication • Asset reconciliation • Data site administration and maintenance • Ratings updates • Covenant management
Loan Agency
Legal Documents Review • KYC & AML Compliance • Deal closing and onboarding • Loan activities: Interest, Prepayment, Rate sets, margin changes, payoff, etc. • Amendments and waivers • Active Borrower and Lender communication • Payment collection and disbursement • Maintain Lender Registry and Contact information • Maintain Agent Bank accounts • Daily Cash reconciliation • Assignment & Participations • Financial & Covenants tracking • Audit Confirmation
Tax Services
Preparation of tax returns, tax allocations and investor K-1s • State and Local Filing • Form 1099 • Tax consulting • Tax waterfall modeling
Investor Services
Perform AML & KYC checks (initial and ongoing) • Electronic Subscription Processing • Prepare and Issue capital calls • Prepare and Issue distribution notices • Investor Reporting and partner capital statements • Carried Interest Modeling with “what if” scenarios • Host custom web portal with fund raining capabilities • Side letter processing • Partner transfer processing • Investor queries, due diligence questionnaires, audit confirms
Reporting
Customized Widgets and Dashboards • Prepare unaudited NAV package • Custom Attribution and detailed portfolio reporting • Aggregated reporting
Financial Statement Preparation
Unaudited financial statements • Audited Financial Statements with Footnotes for publication • Preparation of supporting work papers
First Time Manager
Onboarding Services
Offering and Subscription Document review • Post and monitor investor documents • Consulting & best practice reviews • Service provider introduction selection
Accounting Services
Maintain books & records in local and reporting currencies • Maintain investor capital account balances • Process investment related transactions • Calculate and record expense accruals • NAV Calculations • Segregated portfolio and series accounting • SPVs & AIVs • Price Verification • Fee calculations • Annual audit support and coordination • Ensure adherence to accounting polices and procedures • Management company accounting • General Partner accounting
Treasury Services
Payment processing • Monitor credit facilities
Tax Services
Preparation of tax returns, tax allocations and investor K-1s • State and Local Filing • Form 1099 • Tax consulting • Tax waterfall modeling
Investor Services
Perform AML & KYC checks (initial and ongoing) • Electronic Subscription Processing • Redemption processing (open-end funds) • Maintain share register • Prepare and Issue capital calls • Prepare and Issue distribution notices • Investor Reporting and partner capital statements • Carried Interest Modeling with “what if” scenarios • Host custom web portal with fund raining capabilities • Side letter processing • Subsequent close processing • Partner transfer processing • Investor queries, due diligence questionnaires, audit confirms
Reporting
Customized Widgets and Dashboards • Prepare unaudited NAV package • Custom Attribution and detailed portfolio reporting • Aggregated reporting
Financial Statement Preparation
Unaudited financial statements • Audited Financial Statements with Footnotes for publication • Preparation of supporting work papers
Middle Office
Position & cash reconciliations • Corporate Action processing • Collateral management
Corporate Governance
Provision of professional directors • Ongoing compliance monitoring • Coordination of board activities and general company secretarial services • Record keeping and management of transactions
Regulatory Compliance
Professional directors for corporate entities • Qualified persons for key roles based on local regulations such as money laundering reporting officers • Consultancy with individuals holding key roles • Licensed and experienced trustees
Emerging Manager
Onboarding Services
Offering and Subscription Document review • Prepare board packages • Attend meetings of the board • Post and monitor investor documents • Consulting & best practice reviews • Service provider introduction selection
Accounting Services
Maintain books & records in local and reporting currencies • Maintain investor capital account balances • Process investment related transactions • Calculate and record expense accruals • NAV Calculations • Segregated portfolio and series accounting • Co-Investment vehicles • SPVs & AIVs • Price Verification • Fee calculations • Annual audit support and coordination • Ensure adherence to accounting polices and procedures • Management company accounting • General Partner accounting
Treasury Services
Payment processing • Monitor credit facilities
Tax Services
Preparation of tax returns, tax allocations and investor K-1s • State and Local Filing • Form 1099 • Tax consulting • Tax waterfall modeling
Investor Services
Perform AML & KYC checks (initial and ongoing) • Electronic Subscription Processing • Redemption processing (open-end funds) • Maintain share register • Prepare and Issue capital calls • Prepare and Issue distribution notices • Investor Reporting and partner capital statements • Carried Interest Modeling with “what if” scenarios • Host custom web portal with fund raining capabilities • Side letter processing • Subsequent close processing • Partner transfer processing • Investor queries, due diligence questionnaires, audit confirms
Reporting
Customized Widgets and Dashboards • Prepare unaudited NAV package • Custom Attribution and detailed portfolio reporting • Aggregated reporting • ILPA reporting templates
Financial Statement Preparation
Unaudited financial statements • Audited Financial Statements with Footnotes for publication • Preparation of supporting work papers
Middle Office
Position & cash reconciliations • Corporate Action processing • Collateral management
Corporate Governance
Provision of professional directors • Ongoing compliance monitoring • Coordination of board activities and general company secretarial services • Record keeping and management of transactions
Regulatory Compliance
Professional directors for corporate entities • Qualified persons for key roles based on local regulations such as money laundering reporting officers • Consultancy with individuals holding key roles • Licensed and experienced trustees
Established Manager
Onboarding Services
Offering and Subscription Document review • Prepare board packages • Attend meetings of the board • Post and monitor investor documents • Consulting & best practice reviews • Service provider introduction selection
Accounting Services
Maintain books & records in local and reporting currencies • Maintain investor capital account balances • Process investment related transactions • Calculate and record expense accruals • NAV Calculations • Segregated portfolio and series accounting • Co-Investment vehicles • SPVs & AIVs • Price Verification • Fee calculations • Annual audit support and coordination • Ensure adherence to accounting polices and procedures • Management company accounting • General Partner accounting
Treasury Services
Payment processing • Monitor credit facilities
Tax Services
Preparation of tax returns, tax allocations and investor K-1s • State and Local Filing • Form 1099 • Tax consulting • Tax waterfall modeling
Investor Services
Perform AML & KYC checks (initial and ongoing) • Electronic Subscription Processing • Redemption processing (open-end funds) • Maintain share register • Prepare and Issue capital calls • Prepare and Issue distribution notices • Investor Reporting and partner capital statements • Carried Interest Modeling with “what if” scenarios • Host custom web portal with fund raining capabilities • Side letter processing • Subsequent close processing • Partner transfer processing • Investor queries, due diligence questionnaires, audit confirms
Reporting
Customized Widgets and Dashboards • Prepare unaudited NAV package • Custom Attribution and detailed portfolio reporting • Aggregated reporting • ILPA reporting templates
Financial Statement Preparation
Unaudited financial statements • Audited Financial Statements with Footnotes for publication • Preparation of supporting work papers
Middle Office
Position & cash reconciliations • Corporate Action processing • Collateral management
Corporate Governance
Provision of professional directors • Ongoing compliance monitoring • Coordination of board activities and general company secretarial services • Record keeping and management of transactions
Regulatory Compliance
Professional directors for corporate entities • Qualified persons for key roles based on local regulations such as money laundering reporting officers • Consultancy with individuals holding key roles • Licensed and experienced trustees
Strategic Partnerships
We thrive on the power of collaboration and believe that by joining forces with like-minded organizations, we can leverage diverse expertise and networks to deliver a broader range of solutions to our clients.
Axos Bank
Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX) has 30+ years of experience in providing banking services for hedge funds, private equity funds, and venture capital funds.
Learn More >
GRMA
GRMA is a leading fintech and advisory firm that offers asset managers SaaS-based and outsourced regulatory and compliance reporting to asset management firms, endowments, foundations, pensions, and family offices.
Learn More >
Eleven
Eleven is a technology company that brings the entire investment lifecycle online leveraging tools, insights and data-driven workflows to enable private fund managers to service their investors in a single platform.
Learn More >
Hedgebay
Hedgebay is a FINRA-registered broker dealer that facilitates liquidity for both GPs and LPs, enabling buying and selling as well as borrowing and lending against private or illiquid assets.
Learn More >
Solutions tailored for your growth
We designed our services for two equally important parties with varying needs: You and Your Investors.
