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    Fund Administration & Reporting

    Institutional-grade fund accounting and investor reporting, without the in-house overhead.

    Fund managers are pulled between deal origination and back-office complexity. Investor expectations around reporting quality and timeliness keep rising. Regulatory scrutiny is intensifying. Serana takes the full fund administration burden off your plate — so you can focus on deploying capital and managing relationships.

    What we do

    Fund Accounting

    • Full SPV bookkeeping
    • NAV calculation
    • Multi-currency reconciliation and FX treatment

    Investor Services

    • Investor capital account maintenance and reconciliation
    • Management of capital calls, distributions and waterfall calculations
    • GP/LP allocation and carried interest tracking
    • Subscription, redemption and transfer processing

    Coordination & Oversight

    • Intercompany and senior debt reconciliations
    • Coordination with external fund administrators and auditors

    What You Receive

    Quarterly investor reporting packs
    NAV statements and capital account schedules
    Distribution and capital call notices
    Variance analysis
    Intercompany and senior debt loan schedules
    SPV accrual schedules
    Creditor and debtor schedules
    Audit support packs and confirmations

    "We were engaged by a mid-market PE fund managing four SPVs across two jurisdictions. Within 60 days we assumed full responsibility for investor reporting, reduced reporting turnaround from six weeks to three, and managed the first capital call cycle end-to-end — with zero errors flagged by the auditor."

    Ready to simplify your finance function?

    Let's talk about how we can tailor this service to your needs.

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