Emerging Manager Advisory Services | Startup Fund Accounting

Startup fund accounting services provide expertise and guidance to emerging fund managers. Emerging manager services from Anchin help navigate the complexities of the investment landscape, offering insights into market trends, regulatory requirements, and best practices.

Our consultants can assist in fund structuring, risk management, and investor relations, enhancing the fund’s credibility and attracting potential investors. They also provide strategic advice to help emerging funds achieve their investment objectives and grow successfully.

Anchin has a long history of serving the hedge, private equity, real estate, and venture capital fund industries. We have assisted many funds through every phase of business — from start-up through winding down. We enjoy helping start-up funds launch and pride ourselves on growing with them through subsequent fund launches and additional capital raises.

What Is an Emerging Fund?

An emerging fund is an investment fund in its early stages of development and growth. These funds are typically smaller and target investments in emerging markets, new industries, or innovative technologies. Emerging funds often seek high returns by investing in opportunities not yet well-established or widely recognized in the market.

An emerging fund manager is an individual or a team responsible for managing an emerging fund. These managers are often talented professionals who are early in their careers managing a newly established or relatively small fund compared to more established investment firms. Emerging fund managers are crucial in identifying investment opportunities, making strategic decisions, and growing the fund’s assets under management.

Emerging Manager Advisory Services From Anchin

At Anchin, we understand that launching a new fund can be challenging. Managers often encounter obstacles across a fund’s life span, from navigating regulatory and compliance considerations to meeting return objectives and managing risks. Our emerging platform team will work closely with you to navigate these complexities and align your goals by offering services like tax compliance, audits, and fund structuring at prices based on your fund’s growth and performance.

Anchin’s comprehensive range of emerging fund services include:

Launch & Value-Added Services

Pre-Launch Services

Tax structuring advice
Initial fund document review
Referrals to attorneys, administrators, and other service providers

Post-Launch Services

External Financial Statement Audit
Tax Compliance (Partnership returns and Schedule K-1s)

Value-Added Services

Performance record verification
Tax planning across your funds, portfolio companies, joint ventures, advisors, and principals
Audits of portfolio companies
Valuation policy and procedures assistance
Reporting and accounting advisory services
Process design and improvement
State and local tax planning
Bookkeeping services, valuations, and appraisals (U.S. Securities and Exchange Commission and American Institute of Certified Public Accountants independence rules permitting.)

Financial Statement Audits

As part of fund strategic planning, we can advise on the basis and frequency of reporting to determine the most cost-efficient reporting structure. Our skilled and experienced audit professionals get the basics right and aim to add value beyond the financial statements through the business insights we bring to each engagement.

Anchin’s risk-based audit approach is based on a proven methodology and commitment to independence and ethical behavior. We follow industry trends, issues, and insights that may impact the accuracy and completeness of financial statements, driven by industry best practices and technical research.

Tax Services

Anchin can assist funds at every stage of the startup process and subsequent growth cycle. We can help with designing a tax structure that aligns your business and tax strategies as an important step in launching a fund. We pride ourselves in planning ahead with common issues funds may face, including:

Tax structuring advice to identify potential domestic and foreign tax issues for the fund, its investors, and principals
Initial fund document review
Consulting and advising on entity classification and other tax elections
Tax planning across your funds, portfolio companies, joint ventures, advisors, and principals
Portfolio company acquisition and exit advice
Tax compliance for Fund (partnership returns and Schedule K-1s)
Tax preparation of portfolio company, management company, general partner, and individual returns
Filing requirements for offshore companies and investors in onshore and offshore investment vehicles

Performance Record Verification

Anchin can assist in selecting the most cost-effective report and provide attestation services on your historical performance. The performance record verification will include an independent accountant’s report, the performance record, whether in total or by asset — or both — along with supporting notes to provide the return calculation methodology and other information that may be relevant to potential investors.

Why Choose Anchin as Your Trusted Emerging Manager Fund Consultant?

As your emerging manager fund consultant, we understand the complexities and compliance burdens for fund managers. We are here to assist you along the way, as often and when needed. We have built a distinct culture where our emerging manager platform team thinks and acts like business owners. Our specialists realize your sensitivity to costs in the early stages of your business and view this as an opportunity to grow with you.

Consulting with Anchin offers insights into optimizing fund performance, managing risks, and ensuring compliance with regulations. Seamless collaboration and communication between our audit and tax professionals ensures that we anticipate and meet your evolving needs. Because we understand that a one-size-fits-all approach is practical for each fund, we offer customized strategies for each unique situation, including flexible service fees.

Find Out More About Anchin’s Emerging Manager Services Today

Take the next step in optimizing your emerging funds performance by connecting with one of our knowledgeable and experienced specialists. Our financial expertise includes advising on your investment strategies, fund structuring, compliance, and risk management. We can assess your fund’s structure and help you implement practical and effective recommendations to maximize performance.

Reach out to us today!