FUND ADMINISTRATION

ZD’s Fund Administration department’s responsibilities include the day-to-day accounting for funds and providing fund-related financial reporting, including fund financial statement preparation, investor reporting, and performance measurement. We also act as a liaison with external third-party fund financial statement auditors and SEC compliance administrators. We are responsible to:

• Maintain the fund’s accounts and such financial books and records
• Process and track fund capital activity
• Prepare and distribute correspondence to the fund’s investors, such as capital calls and capital distributions
• Prepare quarterly investor statements and other correspondences
• Calculate and report carried interest and other member allocations
• Prepare and calculate performance
• Calculate management fee allocations
• Prepare annual fund budgets with fund managers
• Provide information and prepare requested schedules for third-party fund financial statement auditors
• Draft annual fund financial statements
• Work with the fund’s SEC compliance administrators to prepare required annual ADV and Form PF filings