In addition to providing the traditional services of auditing and tax preparation to hedge fund clients, Raines & Fischer LLP also functions as the back office or financial arm of a number of hedge funds where that engagement does not present a conflict with our role as auditors. The extent of these services ranges from providing personnel who function as “onsite controller” to supplying administration services to funds who need assistance with investor communications.

We have the capability and bandwidth to be a supplier of full fund-administration services, including the maintenance and reconciliation of all trading accounts, the calculation of net asset values, and the preparation of periodic reports to partners. In a limited number of engagements we assume responsibility for all banking and wire transfers as well as the disbursement of distributions to partners. The scope of our services is determined by the hedge fund, and the fee associated therewith is a function of the services provided.