focus on growing Your fund while we keep it in compliance

Grassi’s Financial Services advisors have the industry experience and accounting expertise to oversee all facets of fund administration. Our accounting, advisory and compliance solutions allow fund managers to focus on growing their portfolios, while we focus on protecting it from risk.

Our fund administrators have decades of experience in hedge fund administration and management. With more than 40 years of experience in both the front and back office, we are able to provide hands-on service and personalized advice to hedge funds, crypto funds, off-shore funds, and other funds in multiple stages of growth, including start-up.

Grassi’s fund administration services include:

Bookkeeping & Accounting

Utilizing a cloud-based Advent Geneva system, our fund administrators keep your fund in compliance through expert maintenance of its books and records. We also provide full portfolio accounting, preparation of monthly NAV packages in accordance with GAAP rules, performance returns and investor reporting.

Fund Investor Services

Our knowledgeable fund administrators can assist investors with the subscription process, perform all AML and KYC checks, process capital transactions and prepare monthly investor statements. We offer a secure web portal for investors to communicate confidently and conveniently with our professionals.

Middle Office Services

Grassi also provides middle office support by handling trade confirmations and settlements, daily trade reconciliation, corporate actions, cash management and wire transfers, and shadow NAV preparation and/or reconciliation.

Treasury Management Services

Manage your business finances with the help of Grassi’s treasury management services, which include cash balance management, invoice approval, payment processing, investor subscriptions and redemptions, and assistance with selecting and opening bank accounts.

Outsourced CFO

Our outsourced CFO services are customized to keep your entire back office running smoothly – and your business running as efficiently as possible. Our seasoned CFOs and CPAs can run your full Finance function or provide oversight and direction to your existing Finance team.

Meet the Grassi Fund Administration Team

When you choose Grassi Fund Administration Services, your fund will benefit from our team’s unrivaled experience and approach to client service. Since 2005, Greg Zoraian, Partner and Financial Services Leader, has grown our hedge fund business to more than 80 funds with diverse strategies and over $2B in AUM. He serves as the main point of contact for all of his fund administration clients and is readily available to answer any of your questions and concerns. John Zoraian, Principal, provides the same executive-level attention on your fund, coupled with more than 40 years of experience as CFO and head equity trader of two large hedge funds. This industry perspective into both the front and back office allows us to offer a client experience that is unlike any other provider in the fund administration arena. In addition, all of our fund administration services are supported and monitored by a full team of CPAs at Grassi, a nationally ranked top-100 accounting and advisory firm with more than 400 professionals.