Outsourced Services

Not every investment business is the same, so we customize our services to accommodate the specific needs and aspects of your fund and your team. As your business evolves, either with growth or through changes in staffing or support needs, SandsPoint can adjust the outsourced services we provide. And when unexpected needs arise, you have a firm that knows your business that can offer relevant consulting or advisory support.

As an outsourced service provider to your business, we know that execution in a controlled environment is critical. We use major software platforms for our outsourced accounting services. We follow an organized and structured approach to defining and performing every engagement. And the best-practice policies and procedures for our firm and outsourced services execution are validated annually with a Service Organization Controls (SOC) I Type 2 certification under SSAE 18.

Our detailed Outsourced Services offering:

Fund Accounting & Administration

Flexible service model that scales to your needs over the life of the funds. Best practice approach in Investran. Fund administration and treasury services are SOC I Type II certified under SSAE 18. Premium service offering available to produce final reporting, ready for investors, and perform all roles reporting to client CFO.

  • New fund launch review
    • Legal documents
    • Fund structure chart
    • Special reporting requirements
    • Onboarding structure
  • Fund onboarding
    • Ledger system structure and set-up
    • Loading investor details
    • Legal entity and investor mapping
    • Historical balance upload and review
  • Fund reporting process
    • Financial statements and footnotes
    • Limited partner capital statements and allocations
    • Workpapers supporting Investran ledger detail
  • Fund operations process
    • Booking fund activity to ledger system
    • Preparation of capital call and distribution notices
    • Managing cash movements with Treasury
  • Complex calculation modeling and maintenance
    • Waterfalls
    • Management fees
    • Capital calls and distributions
    • Rebalancing for subsequent closes
    • Tax provision analysis for blocker entities
  • Credit facility processing
    • Borrowing calculations and documents
    • Facilitate loan compliance requirements
  • Investor relations support
    • Tracking investor capital positions and commitments
    • Quarterly LP and consultant forms and reports
    • Ad-hoc LP requests
    • Assist with fundraise DDQs
  • Lead audit relationship and liaise with tax preparers
    • Coordinate planning meetings
    • Fulfill information requests from auditors and tax preparers
    • Maintain status report on outstanding requests
  • Management reporting
    • Ad-hoc analysis for quarterly reviews and annual meeting
    • Fund position and statistics
    • Weekly fund update meetings/materials for CFO
  • Outsourced interim staffing
    • Senior accountant and controller functions
    • Provide full product expertise to accounting area
    • Coverage for staffing changes or critical initiatives
  • Treasury functions
    • Preparation and execution of wire payments
    • Review fund cash flow requirements
    • Monitor capital call receipts and distribution wire returns
    • Expense processing; coordination with accounting team
    • Bank reconciliations
    • Facilitate new bank account openings

Portfolio Analytics

Advanced middle office functions, as a supplement to fund accounting services or engaged directly to support your business.

  • Valuation process support
    • Review details of quarterly valuation adjustments
    • Prepare deal summary updates
    • Process standardization and efficiency improvement
    • Facilitate internal review and committee meetings
  • Performance analysis and reporting
    • Fund and investment level metrics
    • Maintenance of track record
  • Support for CFO
    • Liquidity analysis
    • Capital management forecasts
    • Fund and investment level performance metrics
    • Supporting documentation for audit
  • Advanced excel modeling
    • Deal model enhancement and maintenance
    • Review and refine summary tables
    • Run scenario analysis, DCF or sell/hold
    • Historical reconciliation to fund cash
  • Investor support
    • Ad-hoc deal and fund level analysis
    • Support for investor presentations and fundraising
    • Due diligence questionnaires
  • Liaison with deal professionals
  • Coordination of responses for valuation audit

Property Accounting Administration

Best practice approach in JD Edwards. Property accounting administration and treasury services are SOC I Type II certified under SSAE 18. Expertise supporting net lease properties.

  • Booking fund activity to ledger system
  • Workpapers supporting ledger detail
  • Financial statements and footnotes
  • Rent, depreciation, mortgage interest, and deferred cost calculations
  • Review of supporting documents
    • Leases
    • Rent increase letters
    • Debt agreements
  • Lead audit relationship and liaise with tax preparers
    • Coordinate planning meetings
    • Fulfill information requests from auditors and tax preparers
    • Maintain status report on outstanding requests
  • Tracking of inter-company payables and receivables
  • Treasury functions
    • Preparation and execution of wire payments
    • Review fund cash flow requirements
    • Expense and A/P processing
    • Bank reconciliations
    • Facilitate new bank account openings