Scalable and Expert Fund Accounting Services
As a trusted partner to our fund clients, we offer scalable accounting services built for the constantly evolving alternative investment landscape. We combine deep accounting expertise with industry-leading applications to deliver reporting solutions that adapt to your portfolio’s unique strategies and reporting requirements.
Accurate by Design.
Our experienced teams deliver portfolio, fund, and investor accounting with accuracy, independence, and accountability. We own the process from end to end — ensuring accurate NAVs, investor allocations, and audit-ready reporting without shortcuts or handoffs.
Fund & Investor Accounting
- Automated capture and reconciliation of portfolio trades, corporate actions, factor changes and loan remittances
- Research and reporting of trade breaks
- Capture and validation of security prices and broker quotes
- Creation and maintenance of side pockets and special allocations
- Fee and waterfall calculations
- Expense accruals
- NAV calculations
- Investor and series allocations
- Daily or monthly fund reporting and data feeds
- Interim and year-end audit planning and coordination
- Financial statement preparation and distribution
- Support for tax preparation
- Regulatory filing support (See Regulatory Compliance)
Cash Services
- Cash movements for funds of funds and private investments
- Payments of fund expenses
Designed for Accuracy. Built for Scale. Driven by Expertise.
Our fund accounting services are built for precision, continuity, and accountability. Each function, from daily reconciliations to year-end financial reporting, is handled by knowledgeable professionals who own the relationship from end to end. This isn’t assembly-line accounting. It’s a disciplined, transparent process that grows with your needs and exceeds expectations.
Every Day Reconciled, Every Exception Managed
Portfolio trades, corporate actions and loan remittances are captured and reconciled against custodians and accruals daily. Integrated exception monitoring flags discrepancies to be reviewed and resolved by the same accounting team that prepares your monthly NAV.
Daily & Monthly Reporting and Data Feeds
We provide comprehensive reporting and data feeds to downstream systems, supporting your need for detailed information about your funds.
NAVs Delivered
on Your
Terms
Each NAV is prepared and reviewed by experienced accountants who know your fund. No offshoring, no handoffs across teams or offices, no shortcuts – just independent production backed by rigorous controls and best-in-class technology.
Complex Fee Structures, Handled with Confidence
Regardless of complexity, parameters and calculations for management fees and performance-based compensation are prepared and reviewed to ensure alignment with your fund’s terms.
Investor Accounting - Precision You Can Rely On
Investor allocations are produced by the same system and the same team that calculates your NAV. We specialize in side pockets and complex allocations. Clear investor statements provide transparency into capital activity, fund performance, and fees.
Financial Statement Preparation & Audit Support
Our team prepares GAAP financial statements and drives the audit process from kickoff to sign-off. Documentation, coordination, and auditor/tax preparer collaboration are integrated into our services.
The Challenges We’re Built to Fix
Accuracy Depends on Continuity and Experience.
Many administrators rely on high-turnover, offshore teams that force clients into constant retraining cycles. At Stone Coast, staff average 14 years’ industry experience and every fund is supported by a stable, senior-led team that owns the work from beginning to end. You benefit from consistency, deep institutional knowledge, and relationships that last for years.
Complex Funds Can’t Be Templated.
Many funds are straightforward… and many are not. Whether you have a novel structure, non-standard fees, or simply personal preferences, we customize our services to your unique needs, ensuring that NAVs, allocations, and reporting are tailored, accurate, and audit-ready.
Audits Shouldn’t Be a Fire Drill.
Administrators who take shortcuts may leave clients scrambling at year-end and delay financial statement delivery. You want your audit to go smoothly, and so do we. Our model is designed for audit readiness from day one.
Is Your Administrator Adding to Your Workload?
Let’s talk about how our services can facilitate and streamline your oversight and keep your focus where it belongs.
Service Built on Ownership
Our fund accounting model is designed around experienced teams, without offshoring, outsourcing, or high-turnover staffing. We prioritize continuity, accountability, and deep knowledge of your fund. Our focus is to provide prompt and accurate work, delivered by people who take accountability for every step of the process.
Small Teams, Big Impact
Each fund is assigned to a dedicated accountant with a balanced workload who owns the work from start to finish and has the time to get it right. No offshoring. No handoffs. Just consistent, reliable service year after year.
Accuracy
Matters
Our automated workflows, integrated systems, stable and experienced teams, and robust review processes are designed to mitigate risk of error.
Audit-Readiness, Delivered with Precision
Our workflows are designed to support your fund’s audit from day one, not just at year-end. Every journal entry, reconciliation, and allocation is documented, traceable, and supported for auditors and regulators alike.
Where Process Discipline Meets Purpose-Built Technology
Automated Trade Capture, Reconciliation & Exception Monitoring
Our systems capture daily activity across custodians and brokers, and automate reconciliation and exception monitoring.
Immediate Workflow Visibility
Dashboards give our team real-time visibility into tasks, exceptions, and resolutions, so that we’re on time all the time.
Data & Reporting Feeds
We deliver clean, real-time data to your OMS, risk aggregators, and internal dashboards to keep managers and third parties fully informed.
Document Generation & Delivery
Financials, investor reports, and tax support documents are generated from verified data and other verified sources and delivered securely with exact version control.
"At Stone Coast, client service excellence happens when talented people, smart processes, and the right technology all pull in the same direction. It's not just about processing transactions – it's about creating an environment where accuracy and transparency are simply how we operate every day."
Director – Fund & Investor Accounting & Investor Services
INSIGHTS
Stone Coast Insights
Explore articles on regulatory trends, process optimization, risk management, and operational excellence in financial services.
Stone Coast Insights
AI at Stone Coast: Enabling Smarter Service for Our Clients
At Stone Coast, our mission has always been clear: deliver exceptional service and anticipate our clients’ needs.
Justin Wood
Jan 2026
Investor Services
Modern Fraud Risks: Subtle and Sophisticated
Wire fraud has become one of the most consequential operational risks in fund administration – with the source of that risk emanating not from one big, cinematic hack, but rather from many small, coordinated moves.
Laura Tyson
Feb 2026
Fund Accounting is Just the Start
We execute on calls, subscriptions, distributions, redemptions, transfers, and investor communications with precision and responsiveness.
Our in-house legal and compliance teams manage filings, reporting, and documentation to keep your fund in good standing.
Our onboarding process is detailed, disciplined, and designed to ensure seamless, accurate launches and conversions.
Frequently Asked Questions
What technology supports your fund accounting services?
We use Geneva World Investor, an industry-leading portfolio, fund, and investor accounting platform. We also use Bizagi, a best-in-class workflow and process-automation tool. This technology stack gives our fund and investor accounting team real-time visibility, audit-ready transparency, and robust workflow controls—resulting in faster processing, improved oversight, and consistently accurate reporting.
What will my fund accounting team look like?
Each client is assigned a dedicated fund accountant, supported by a secondary (backup) accountant to ensure continuity and full coverage at all times. Oversight is provided by hands‑on accounting managers who stay actively involved in daily workflows, quality checks, and client communication. This structure ensures both consistency and subject‑matter depth, while keeping your team small enough to know your fund inside and out.
What controls do you have in place to ensure accuracy?
We follow a strict maker/checker control framework, meaning all NAVs, entries, and reconciliations are independently reviewed before completion. Our Bizagi‑enabled workflows add additional control layers, including automated validations, exception tracking, and documented approval paths. These controls are further supported by our SOC I Type 2 report, which provides independent assurance over the design and operating effectiveness of our control environment. Combined, these controls deliver accuracy, accountability, and a fully traceable audit trail.
What types of funds do you support?
We provide fund accounting services across a broad range of asset classes, with dedicated expertise tailored to the nuances of each strategy. Our team supports:
- Hedge Funds & Hybrid Funds
- Private Equity & Venture Capital
- Private Credit
- Real Estate Assets
- Fund-of-funds and Endowments
How do you handle pricing and valuations?
We source prices from independent market-data providers and run checks to flag any exceptions. For illiquid or private investments, we obtain broker quotes if available, or we record prices based on the GP’s approved methodology and supporting materials. All pricing goes through a maker/checker review before the NAV is finalized.
Are any of my services outsourced?
No. We do not outsource or offshore any portion of our fund accounting services.
All of our fund accounting work is performed by our experienced, long‑tenured team in Portland, Maine. You receive direct access to the same dedicated professionals who handle your day‑to‑day needs, ensuring consistency, accountability, and personal service.
What Would Reliable Fund Accounting Look Like for Your Fund?
