Alternative Fund Services

A team of experts helping you to bring value to your business


In response to market demands and the rising number of regulated vehicles in the alternatives sector, PwC Luxembourg has decided to extend its current accounting services, established since 15 years, to the regulated alternative fund sector.
If you have an Alternative Investment Funds ("AIF") and are looking for a partner with real expertise in the alternatives sector, we have the solutions for your complex financial reporting and fund administration needs.

Our fund accounting team can provide you with:

  • Accurately and timely financial reporting and NAV calculations
  • Highest quality deliverables
  • A friendly and accessible team that speaks your language
  • Compliance for your regulatory needs
  • Access to a full range of services with a single point of contact


The value of working with us is…

Expertise

Real alternatives expertise from our strong audit market share

Training

A team with intensive training and experience which is able to offer alternatives training solutions

Network

Access to a global network and expertise to find solutions for your accounting needs

Best Practices

Sharing of best practice for Alternative vehicles

Accounting & Consolidation

A team with strong IFRS, Lux GAAP, INREV and US GAAP accounting & consolidation knowledge

Innovative Tools

An innovative project management tool, FOS (Fund Office Services) to run daily tasks and store documentation

Risk Management & Compliance

A team that understands risk management & compliance for alternative fund vehicles

CRM

A single point of contact to serve all your needs, focuses on availability, quality & timely delivery

Team

A friendly, available team that speaks your language


Our mission statement

PwC's Alternative Fund Services offers regulated fund services (fund accounting and administration, transfer agent, domiciliation) for alternative investment vehicles.

The team is composed of specialists with a proven track record in alternative investments, such as real estate, private equity, infrastructure, and debt funds. We strive to contribute and improve the overall quality of the alternative fund sector in Luxembourg.

Working with us gives you a competitive edge as we have gained un-comparable knowledge and experience on alternative investment funds due to our leading market share in the alternatives industry. We believe we have a lot to share with you. Benefit from our services, and discover real quality and value for money.



Our services

PwC's Alternative Fund Services brings you the following core services for the alternative fund industry:


 


The fund accounting and administration services include the daily bookkeeping, the calculation of the net asset value, the preparation of the quarterly and annual accounts, the consolidation process as well as reconciliation to your trading NAV or INREV NAV.

Our team will act as your client relationship manager and will proactively coordinate between all the various counterparties, such as the local accountants, the property managers, the valuations team and with Management.

We understand that each fund's reporting needs may vary and our team is ready to build the reporting you require for your stakeholders.

We can help your fund structure to find and set up a registered office. This includes finding the right directors for you structure and taking care of administrative functions and corporate and regulatory filings.

Our transfer agent team can process all of your investor transactions and maintain the shareholders register.

*Although we do not provide Depository Bank services directly, we coordinate with your Depository Bank services


PwC's AFS will help you to manage your fund activity by offering you a range of services shown below:
  • NAV computation
  • Preparation of Annual and consolidated accounts under required accounting standards (LUX GAAP, IFRS, US GAAP)
  • INREV reconciliation
  • Identification of all necessary adjustments to have harmonisation of the accounting policies
  • Bookkeeping
  • Controls and Funds Compliance (investment restrictions monitoring)
  • Coordination with the Depository bank
  • Publication of NAV and Investor reporting/communication
  • Calculation and payment of all relevant fees/taxes
  • Valuation of portfolio
  • Designing and implementation of the consolidation process
  • Coordination with local accountants in other countries
  • Review of the subsidiaries accounting records
  • Reconciliation of intercompany transactions
  • Preparation of investor communications, reporting and mailings
  • Issue of shares/units in compliance with the prospectus
  • Maintain the shareholder registry
  • Commission calculation (trailer fees, retrocession fees…)
  • Maintain investor transactions ( Subscriptions, Redemptions, Transfers)
  • Communication and query management
  • Anti-Money-Laundering review and Know Your Customer filing (AML/KYC)
  • Management of dividend payments
  • Maintain up to date the regulatory and contractual documents
  • Provision of a registered office
  • Manage all relevant legal filings
  • Registration documents and changes with the Registry of commerce
  • Safekeeping of all relevant original documentation
  • Preparation of investor or other reporting
  • Preparation of investor communications
  • Coordination of AIFM reporting
  • Risk management and compliance reporting
  • Ability to develop or adapt reporting models to your needs
  • A single point of contact to manager all needs, which speaks English, French or German
  • Possibility to coordinate all services you may need (fund accounting, transfer agent, domiciliation, fund setup, tax compliance, tax structuring)
  • This person will setup the reporting process and implement weekly calls to ensure each counterparty is on track and able to deliver
  • Available for you when you need them, with focus on timely communication and real customer service
We can also coordinate other services within PwC that you may need such as:

Publications

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Contact us

Pierre Donis
Tax Partner
Tel: +352 49 48 48 5115
Email

Lauren Williams
Partner
Tel: +352 49 48 48 5387
Email

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