LaCrosse Global Fund Services offers a specialized suite of services dedicated to providing comprehensive hedge fund administration services for every asset class and trading strategy. These services can be used in whole or in part, and can be tailored to fit the needs of any fund.
+ Traditional Fund Administration includes monthly or quarterly NAV, annual financial statements, and handling of all investor
transactions. Also includes daily reconciliation of cash and securities, AML/KYC checks as required by the fund domicile, preparation and
delivery of investor statements, and supplying tax preparers with required information.
+ LaCrosseAdmin+TM includes all services under Traditional Fund Administration, as well as daily trading P&L with up to five levels of strategy drill-down, daily or weekly estimated NAV, and optional daily price modeling of OTC derivatives positions.
+ LaCrosseMBO+TM Full middle-office and operational support of trading activity for funds where LaCrosse is not the administrator.
Specific services will vary according to the asset classes and markets traded by the fund, but could include same-day trade verification, trade
confirmation or confirm review, facilitation of settlement activities, direct resolution of trade breaks, OTC derivatives operations, and bank debt operations.
+ Full Service includes both LaCrosseAdmin+ and LaCrosseMBO+. For clients who want a comprehensive middle and back office
solution. This option provides hedge funds with a complete set of support services that covers the full range of activities from post-execution through investor reporting.
+ LaCrosse450+TM specialized service offering for Brazilian fund managers looking to take advantage of the new regulations permitting
investment in offshore asset classes (CVM 450). Combines LaCrosseAdmin+ with LaCrosseMBO+, Latin American accounting/operations expertise based in Buenos Aires, and global asset class support from our North American,
European and Asian hubs. LaCrosse450+ can be used in conjunction with any Brazilian based custodian/administrator to enable the manager to take advantage of opportunities across Latin America and around the world.
Global Operating Model
Operating in 9 global locations on a single, global technology platform, we are able to provide 24 hour a day, six days a week support for fund managers, wherever they are located and whatever markets they trade.
Our work processes "follow the sun," ensuring that we use every available hour of the day to identify exceptions or breaks and to find resolution. We provide local operational support in the time zone of settlement for traded products, and local accounting/middle-office support in the client's time zone, with reconciliation activity occurring around the clock.
Client Service Model
The fund services industry has gone through significant evolution in the last few years. Firms that were once boutiques have either been acquired by large banks or grown into sizable institutions themselves. It is difficult today to find a provider that can offer extensive capabilities and flexible client service.
LaCrosse offers a real alternative to the rigid, "one-size-fits-all" approaches offered by the rest of the industry. We have global capabilities and deep market expertise, but we also offer "high-touch" service and a service offering that can be customized to the needs of each specific client.
Every LaCrosse client receives a dedicated client service manager to coordinate day-to-day service delivery and a relationship manager to ensure satisfaction with our services. Clients will be given specific contact information for individual departments that service their funds (Accounting, Operations, Cash/Collateral Management, Investor Accounting, Investor Transactions, etc.) which they may use if they like. The client service manager and relationship manager also can be used as a primary point of contact to investigate and resolve any issues that may arise.
LaCrosseMBO+, LaCrosseAdmin+ and LaCrosse450+ are either registered trademarks or trademarks of LaCrosse Global Fund Services, LLC in the United States and/or other countries.