Provides comprehensive support for fund administration
FundCount, LLC, a Boston-based provider of integrated investment, partnership and general ledger accounting software, today announced that Berdon Fund Services, LLC has chosen FundCount’s robust solution for the company’s new fund administration business. Berdon Fund Services will use FundCount software to support its existing funds and will leverage the functionality to help grow their client portfolio going forward.
Berdon Fund Services, an affiliate of New York-based Berdon LLP—Accountants and Advisors, was launched in 2015 to help private equity and other clients manage their accounting, administration, compliance, tax and investor reporting responsibilities. Led by industry experts with years of experience, the Berdon Fund Services Team assists clients in reducing risk and adapting to changes in the market and regulatory landscape.
“Berdon Fund Services strives to provide our fund clients with efficient and timely service so they can focus on meeting their investment and growth objectives,” said Michael Gottstein, CPA and Lead Partner of Berdon Fund Services. “FundCount’s rich functionality and intuitive, ease-of-use will enhance our ability to do this by enabling us to provide accurate and timely information as well as real-time reporting to our clients.”
“We are excited to be working with Berdon Fund Services,” said Alex Ivanov,
Founded in 1999, FundCount provides integrated accounting and investment analysis software that improves operational efficiency and delivers immediate, actionable intelligence to clients around the globe. Today, over 100 hedge funds, single and multi-family offices, fund administrators and private equity firms worldwide with assets totaling more than U.S. $75 billion rely on FundCount for accurate, timely information and flexible reporting. FundCount supports its growing client base from the company’s U.S. headquarters and five additional international locations.
Berdon Fund Services LLC offers administration of funds’ operational and fiduciary functions to ensure operating efficiently and tax and regulatory compliance. By partnering with clients, the Berdon Fund Team takes an active role in the development and implementation of processes and procedures, enabling fund managers to focus on the areas where they add value—investments and fund growth. Berdon Fund Services’ professionals also draw on the broad expertise and deep resources of the team as well as its affiliate, Berdon LLP, to help funds identify and manage areas of risk and provide them with the support required to remain compliant and act confidently in their relationships with investment managers, sponsors, investors, custodians, and selling agents. Berdon Fund Services is headquartered in New York City and services clients throughout the U.S. and abroad.