Verifying alternative investment fees
Management and performance fees as well as other expenses in alternative investments remain in the spotlight. Maples Fund Services' fee verification services offering supports an independent review of assets to ensure fee accuracy and enables the investment teams and fiduciaries at pension funds, endowments and foundations to better understand the sophisticated alternative strategies to which they have allocated capital.
Our services include:
- Fee recalculations: based upon fund documents, performance, GAV, NAV and transactions;
- Shadow administration: maintenance and reconciliation of independent records, valuations and calculations; and
- Value-add reporting: full fee transparency, fee comparison, mandate compliance monitoring and other qualitative portfolio observations.