A Model of Accountability for Private Equity Investors

You may have drifted into the private equity space as your hedge fund managers began to offer longer-lockup investment opportunities. Maybe you grew from a few private equity positions to a full-blown fund of private equity funds. Perhaps you now manage a collection of private equity pools that have snuck up on you over the years.

Regardless of how you got here, if you invest into closed-end, draw-down, private equity funds you know that it can often feel like you're sailing in dark waters. There are few operational standards, few means of enforcement, and a general lack of visibility for investors in these murky conditions.

Unified Accounting for Institutional Investors

As an institutional investor, you face operational complexities as your portfolio broadens and your business evolves. Perhaps you invest across different asset classes like marketable positions, private equity, and hedge funds. Maybe you run pooled vehicles that require both hedge fund and private equity partnership accounting.

If this sounds like your firm, then you certainly know the challenges of keeping your operations in-sync with the evolving nature of your investments and investors. Do you have a straight-through processing solution that can handle your operational needs? If the answer is no, don’t worry, you’re not alone.

Financial Software: Hosted or In-House?

We are often asked about hosted versus in-house deployment by perspective clients. At Cogency, we are proud to be platform agnostic and make an extra effort to offer a solution that works in both environments. This flexibility gives our clients the freedom to choose the best approach for their organizations.

So how do you know which approach is right for you?

Private Investment Fund Accounting, Operations and Compliance Forum 2014

JULY 28 - 29, 2014 | The Princeton Club | New York City

We are excited to be sponsoring the upcoming Private Investment Fund Accounting, Operations & Compliance Forum in New York City. This two-day conference provides tips and techniques for private equity funds, hedge funds, and fund of funds to maximize operational efficiency while minimizing overall costs.

  • Learn how to fine-tune your back and middle office culture to minimize risk and maximize productivity
  • Understand recent and upcoming developments from the SEC, FASB, the IRS and other governing bodies
  • Learn how to be ready for an SEC examination and what to expect throughout the process
  • Hear and share war stories and lessons learned from becoming FATCA compliant
  • Learn how to protect your fund by identifying and avoiding operational risk
  • Expand your network of industry peers and hear what they're doing
  • Earn up to 14 CPE credits

12 ways to Get More Value from Cogency in 2014

Now that you have converted your data, validated the accounting, and incorporated Cogency into your daily operational workflow, it may be time to revisit some of the capabilities you saw during your first product demo that you still haven’t fully brought to light. With the start of a new year, it's a great time to dive into new features and start getting more value from Cogency!

Here are twelve features we think you should explore to get more value from Cogency's vast capabilities:

Blurring the Lines Between Asset Allocators and Asset Managers

Jeffrey Axelrod

2013 was a year in which the industry continued blurring the lines between hedge funds, fund of funds, wealth managers, and institutional investors. It was a year that saw fund of funds selling product to retail investors, multi-manager funds take on a fixed-income overlay, pension funds exchanging their fund of fund investments for direct positions into managers, and family offices undertaking pension-style comparison of performance to benchmarks.

Visualizing Equalization Accounting for Alternative Investment Firms

Having recently added the equalization methodology to our fund accounting and investor allocation module, I have thought a lot about the best way to explain, document and present both the concepts and the specifics of this feature.