Our team works closely with fund sponsors and managers to ensure all regulatory requirements are satisfied and due‑diligence processes are properly completed. We assist with the drafting and review of key constitutive documents, including the memorandum and articles of association, offering memorandum, subscription documentation and board resolutions, as well as with the preparation of core service‑provider agreements such as investment management or advisory agreements, administration agreements and brokerage arrangements.

We provide ongoing support across the entire fund lifecycle, from initial structuring and launch through to final closing and beyond. Our fund administration offering includes practical guidance on regulatory compliance and reporting, and is tailored to each client's objectives while remaining aligned with recognised industry best practices

Leveraging our combined expertise in fund structuring, tax and administration, we help you select the most appropriate legal and regulatory setup for your strategy, based on your investor base, target markets and substance needs. Openended and closedend funds can be established in Mauritius as Global Business Companies, enabling managers to tap into a flexible fund regime and an extensive tax treaty network. We also design and implement taxefficient structures so that your fund and investment platform are optimised for longterm operational efficiency, enhanced returns and regulatory compliance.

As part of our global fund administration offering, we provide specialised support for fund closings, an area that demands both technical expertise and meticulous execution. Our accounting professionals ensure that all financial records are fully updated, accurate and aligned with the relevant accounting standards throughout the closing process.

Our role also covers key administrative functions, including the calculation of final Net Asset Value (NAV), preparation of closing financial statements and coordination of distributions to investors, all carried out in line with regulatory requirements and fund documentation. At Aabey House, we work closely with investment managers to ensure that each closing is executed in full conformity with the fund's constitutional documents, applicable laws and licensing conditions, delivering a controlled and compliant end‑of‑life process

The appointment of experienced resident directors and authorised bank signatories is central to our fund administration service. These professionals, supported by a strong administrative team, oversee day to day governance and operations, ensure compliance with Mauritian substance requirements (including at least two suitably qualified resident directors), and work closely with clients to align structures with their strategic objectives while providing robust local management and control

As part of our end-to-end fund administration, we coordinate the opening of bank, broker and custody accounts, completing all KYC/AML and supporting documentation upfront. We also work with managers to factor in any regulatory or product specific requirements, helping to keep the fund's banking and custody operations compliant and running smoothly

Drawing on deep expertise in fund administration, we deliver reliable, tailored solutions that address the diverse requirements of our clients. Whether you are a hedge fund, private equity manager or institutional investor, we support you in elevating the efficiency, oversight and overall quality of your fund administration experience

Accurate fund accounting

Our dedicated fund accounting team maintains accurate, timely and fully reconciled financial records, from day‑to‑day transactions through to NAV calculations. We use modern, technology‑enabled platforms to streamline workflows and deliver clear, real‑time portfolio and performance insights to managers and investors.

Compliance management

We support you in staying ahead of evolving regulations and reporting standards. Our compliance specialists interpret and implement regulatory requirements, helping to ensure your fund remains fully compliant with all applicable laws, guidelines and filing obligations.

Investor servicing and reporting

We provide comprehensive support across the investor lifecycle, from onboarding and documentation through to routine reporting and communications. By managing day‑to‑day administrative processes and delivering accurate, timely reporting, we free you to focus on investment strategy and stakeholder relationships.

We recognise that robust, transparent fund accounting is fundamental to the success of your investment strategies. Drawing on our specialist expertise, we provide comprehensive, bespoke solutions designed around the specific operational and reporting requirements of each client.

Accurate Net Asset Value (NAV) calculation

Our specialist team delivers accurate and timely NAVs using leading fund accounting technology, providing you and your stakeholders with a clear, near real‑time view of portfolio performance.

Transaction processing and record‑keeping

We oversee the full lifecycle of your fund's transactions through robust processing and meticulous record‑keeping, ensuring every trade, cash movement and corporate action is correctly captured, reconciled and accounted for.

Financial reporting excellence

We elevate your reporting standards with comprehensive financial reporting services, from tailored management and investor reports to regulatory and statutory filings, ensuring your financial information is transparent, compliant and straightforward to interpret.

Expense tracking and management

We implement disciplined expense monitoring and allocation processes so that all fund costs are accurately tracked, allocated and reviewed, helping you control expenses and maintain overall financial efficiency.

Tax compliance and reporting

We guide you through complex tax rules and cross‑border obligations, with tax specialists and technology‑enabled processes that help ensure timely, accurate filings and full compliance with relevant tax regimes, giving you peace of mind at reporting deadlines.

Fund accounting (Daily, Weekly, Monthly NAV computation)

Our fund accounting team performs full-cycle accounting and NAV production on a daily, weekly, monthly or quarterly basis, as required by the mandate. While sharing similarities with corporate accounting, fund accounting focuses on continuous capital flows with investors, portfolios measured at fair value and the accurate calculation of Net Asset Value as the core output for pricing and investor reporting.

Preparation of interim and annual financial reporting

We prepare quarterly or interim financial information for investors and regulators, together with IFRS‑compliant annual financial statements. High‑quality statements of financial position and related disclosures are central to transparent reporting and informed investor decision‑making, and we help ensure these are delivered accurately and on time.

Coordination of annual audit

We manage and coordinate the annual independent audit process, acting as liaison between the fund, its service providers and the external auditors. Our role is to facilitate an efficient audit and to support the provision of reliable, fair‑presented financial information to stakeholders.

Portfolio performance reporting for fund managers

We produce periodic portfolio and performance reports that give fund managers a clear, strategic view of the fund's results, risk profile and trends, along with analytical insights to support decision‑making. Accurate and timely reporting enables managers to respond to investor expectations and refine their investment strategy where needed.

Calculation of management and incentive fees

We calculate and process management fees and performance‑based incentive fees in accordance with the fund documentation, ensuring that fee calculations reflect the agreed basis (AUM, NAV or profits) and are appropriately documented for both managers and investors.

Carried interest and claw back calculations

For private equity and similar closed‑end structures, we determine and process carried interest and any applicable claw back adjustments in line with the limited partnership agreement or other governing documents, taking into account fund performance, hurdle rates and distribution provisions.

Performance fee equalisation

We apply performance fee equalisation mechanisms so that each investor's performance fee liability is assessed individually based on their own investment history and returns. This approach promotes fairness by avoiding cross‑subsidisation between investors entering or exiting at different times.

Distribution waterfall calculations

We model and compute distributions under the agreed waterfall, determining the amounts payable to investors and, where applicable, the general partner across each tier (return of capital, preferred return, catch-up and carried interest) in accordance with the fund's constitutional and offering documents.

Reconciliation of drawdowns and distributions

Before processing capital calls and distributions, we perform detailed reconciliations of cash, capital accounts and key transactions to ensure completeness, consistency and accuracy. This control step supports the integrity of both investor balances and the overall drawdown and distribution process.