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Services & Solutions
How We Can Help

When choosing a service provider, you should make a thorough comparison amongst the services of each company you are considering. Gemini's comprehensive services are illustrated below.

  1940 Act Funds Hedge Funds
Series Trusts N/A
Fund Administration
Fund Accounting
Transfer Agency
Shareholder Services
Custody Administration
Compliance Services N/A
EDGAR and Printing Services N/A

Gemini not only offers you a broad range of services, but we have integrated them to ensure the maximum efficiency for your fund. There are many fund service providers in the industry today and each offers a cafeteria-style menu of services.

Most providers provide the same types of services for mutual funds but you'll find some providers outsource some services to third-parties. You may find with those providers that their timelines could be longer and their prices could be higher, depending on the flow of business from them to the third-party and vice versa.

When dealing with hedge funds, some of a providers "standard" services are available only to a fund with more than $1 billion in assets, and tax services are generally extra. At Gemini, we believe in providing the most extensive offering of services possible – which means we'll provide them to you whether you have $50 million, $500 million or over $1 billion in assets.

Below are some examples of the comprehensive hedge fund services we will provide for you.

Description of Service Gemini Typical Service Provider for $50 Million in Assets Typical Service Provider for $1 Billion in Assets
Process daily trades and corporate actions  
Administrate daily cash movements  
Reconcile cash and other balances with broker  
Calculate income and expense accruals monthly
Calculate management and incentive fees monthly
Post independent portfolio valuations daily  
Prepare monthly financial statements
Provide daily fund-level accounting reports via the Internet  
Offer online access to investor reports  
Supply supporting schedules for year-end audits
Produce tax-basis accounts for each partner  
Compile fund's federal tax return  
Generate individual partners' K-1 statements  
Serve as liaison between external auditors and fund
Provide offshore administration services

We have started over seventy funds in the past three years with great success, and also have many clients that came to us with an existing mutual or hedge fund. Our vast knowledge of the fund industry has enabled these businesses to grow by using our experience to their advantage. Not sure if a mutual or hedge fund would be better for your accounts? No problem - Gemini's employees are always accessible to guide you in your quest for success. If you have an existing mutual or hedge fund, we will service your fund with precision and passion and the conversion process will be seamless.