HFS: Funds of hedge funds (FoHF)

• Services for hedge funds
• Services for funds of hedge funds
• Systems
• Contacts

A Luxembourg Pioneer in Servicing Funds of Hedge Funds

Since its inception in 1996, EFA has provided comprehensive services to Funds of Hedge Funds through a dedicated accounting and valuation team.

Monitoring Underlying Funds

In order to cope with the specific needs of FoHF, EFA HF Services maintains a database of targeted hedge funds and has a team of specialised professionals and valuation agents with extensive experience of underlying administrators, fund brokerage desks and target fund NAV issues.

EFA HF Services is able to provide its clients with clear information on NAV calculation details, equalization factor accounting and recalculation, side-pocket investment administration and gating-related issues.

EFA’s service to FoHFs includes:

• Equalisation Factor accounting and revaluation
• Valuation snapshot reports: providing at any time a report on available estimate NAVs of the underlying funds
• Valuation historical reports: showing deviation of estimates used in the FoHF NAV from the final underlying NAV prices
• Corporate Action processing
• Position reconciliation with Custodian Bank
• Side-pocket investment administration
• Cash Forecast Reports
• Validation NAV Reports
• Intermediary/Estimated NAV & Validation NAV

For more information, please contact Marc Wenda, Product Manager - Hedge Funds Services +352 48 48 80 345.

EFA is a member of the Alternative Investment Management Association (AIMA)