Hedge Funds
Our unique understanding of various manager needs, from emerging managers to seasoned fund veterans, allows Cherry Bekaert the ability to offer the services your business requires.
Our specialized knowledge provides clients with the opportunity to focus their time on operations, capital growth and fund strategies. Our team is familiar with the many nuances of fund structure, including stand-alone funds, mirror domestic funds, offshore funds, master-feeder and mini-master arrangements.
Key hedge fund services include:
Emerging Manager Services
Our Asset Management team has been involved with newly launched funds, both registered and unregistered, for over forty years. We understand the challenges that new fund managers face in today's dynamic alternatives market.
The Emerging Manager Services offering was established specifically to help new managers achieve success. This unique approach, offered through Cherry Bekaert's Asset Management industry practice, is founded on our long history of serving emerging alternative investment clients and our working relationships with various alternatives-focused service providers. Our tailored approach utilizes unique processes, procedures, and applied technologies to deliver an efficient and cost-effective solution for emerging managers.
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Emerging Manager Services include:
Private Equity Funds
Private equity firms are facing higher expectations from investors, increased regulatory requirements and greater challenges in achieving portfolio value realization. Cherry Bekaert tailors its comprehensive audit, tax, and advisory services to meet the unique needs of private equity funds, to provide managers with the clarity, confidence and insights to succeed.
Our team of seasoned professionals leverages their in-depth knowledge and experience to successfully support fund managers throughout the fund lifecycle, including their investment strategies and underlying portfolio companies. We work closely with private equity managers to conduct thorough financial analyses to drive superior returns.
Services for the full private equity investment lifecycle include:
Venture Capital Funds
Cherry Bekaert offers a tailored approach to our venture capital fund clients. Our knowledge spans many disciplines and industries, allowing us to provide superior operational and regulatory services to venture capital funds.
Regardless of your investment strategy or industry focus, our professionals have the experience you require and the solutions you need to grow. From fund structuring and valuation techniques to compensation arrangements and our Emerging Manager Services program, we have the requisite knowledge, experience, and solutions to guide you forward.
Our key venture capital fund services include:
Cryptocurrency and Digital Assets
Our Asset Management Digital Consulting team has been involved with newly launched cryptocurrency and digital asset funds for over a decade. We understand the unique challenges that managers face in this particularly dynamic marketplace.
At Cherry Bekaert, we combine our long history of serving alternative investments and fund managers with our in-depth knowledge of cryptocurrency and blockchain technology. Many challenges face managers today; let us help you navigate the ever-evolving regulatory landscape of the digital assets market with confidence. Our professionals can help you with cybersecurity concerns and strategies to minimize risk.
Cherry Bekaert’s cryptocurrency and digital asset services include:
Commodities and Futures
Cherry Bekaert is proud to serve managers whose strategies focus on trading in the commodities and futures markets. Our team of industry professionals work with both commodity pool operators (CPOs) and commodity trading advisors (CTAs) of managed futures funds and commodity pools.
Our audit, tax and advisory services provide managers with the confidence that their financial statements and regulatory obligations will be met successfully. Cherry Bekaert enables its clients to meet the necessary requirements of their regulatory bodies, including the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA).
Key services provided to our CPO and CTA clients include:
Clean Energy Funds
Solar, wind, hydro, power storage and other renewable models face substantial challenges. Policy and regulatory shifts, market volatility, and investment and operational risks all contribute to the overall complexity that today’s managers face. Our Asset Management team supports managers’ strategies toward sustainable, clean energy to help achieve success.
From solar farm and wind project investments to large capital investments in clean tech startup companies, our clean energy clients can be sure that our team is prepared to help them face the many challenges of this niche alternatives market. Our core audit and tax services, combined with client-centric advisory offerings, allow Cherry Bekaert to be a trusted industry provider.
Clean energy fund services include:
Real Estate Funds
We combine our real estate and alternative investment industry knowledge to support those funds investing in real estate assets. From tax structuring and due diligence to portfolio optimization and risk management, we are committed to delivering personalized, results-driven solutions.
As an advisor to investors, real estate investment trusts (REITs) and funds, Cherry Bekaert builds on deep relationships with public officials, real estate attorneys and financial institutions to cultivate our unique knowledge of market dynamics and financial strategies important to real estate fund managers and investors.
Key services for real estate funds and investors include:
Private Credit
Cherry Bekaert’s team of professionals specializing in alternative assets provides comprehensive audit, tax and advisory services unique to private credit funds. With a deep understanding of the complexities within this growing sector, we offer a range of customized solutions to help fund managers confidently navigate regulatory requirements, optimize performance and achieve strategic objectives.
Our key private credit services include:
Fund of Funds
Clients with fund of funds (FoF) investment offerings work with our asset management consultants, audit professionals and tax advisors to effectively navigate the complexities of FoF structuring and due diligence of underlying assets, as well as the risks involved with this asset class.
We offer a tailored approach with superior operational and regulatory services for FoF managers, allowing you to be confident your service provider is putting your fund’s financial and operational success at the forefront.
Our core audit and tax services provide you with the confidence that your service provider is putting your fund's financial and operational success at the forefront.
Key services for our fund of funds include:
SEC Registered Funds
Cherry Bekaert's dedication to the securities industry is highlighted by our work with Securities and Exchange Commission (SEC)-registered clients. Our Asset Management team serves mutual funds, actively managed and indexed exchange-traded funds (ETFs), as well as commodity pools registered under the Securities Act of 1933 and 1940. We work with fund sponsors and aid clients in the initial filing of Forms S-1 and N-1A with the SEC, in addition to providing consultation with the sponsor and its attorneys in response to SEC comment letters.
The Tax Services team works in tandem with clients to determine tax effects of the registered entity’s different business functions, as well as its business structure. Early consultations between the tax department and client are encouraged when firms are preparing to launch new investment vehicles or business lines.
Primary service offerings available to SEC-registered funds include:
Broker-Dealers
Our asset management team has worked with over 300 broker-dealers, including self-clearing organizations and fully-disclosed brokers, introducing brokers, market makers and more. Our dedication to the financial securities industry and knowledge of broker-dealer rules and regulations allow us to better serve our clients while helping them stay prepared for future market shifts and regulatory challenges.
Cherry Bekaert is approved by the Public Company Accounting Oversight Board (PCAOB) to conduct audits of securities broker-dealers. Audits are conducted in accordance with the Customer Protection Rule, SEC Rule 15c3-3. Our team is familiar with the intricate rules surrounding broker-dealer Net Capital. All net capital services provided by Cherry Bekaert are conducted in accordance with SEC Rule 17a-5.
Our primary service offerings for broker-dealers include:
