Fund Accounting Services

Processes that ensure accuracy, consistency and compliance with the needs of every audience in mind.



Phoenix American provides complete fund accounting services for both onshore and offshore funds. Accounting solutions are for any corporate entity with any accounting needs from basic bookkeeping to specialized full-service tax and accounting at the fund, asset or corporate level. Phoenix appreciates the unique needs of every client with dedicated customer service and meticulous attention to detail.


We provide reporting with the expectations of multiple audiences in mind: GAAP accounting, portfolio management, deal teams, accountants and your investor relations group.

  • Asset Tracking
  • Cash Flow Tracking by Asset
  • Asset Attribution
  • Cost Basis Tracking
  • Customized Reports

Financial Statement

Make an impression with customized financial statements that reinforce your brand. Capital calls, distribution and capital statements with extensive information framed with imagery, color and branding promote confidence in your investment.

  • Customized Report Presentation
  • Footnotes & Financial Highlights
  • GAAP Reporting
  • SEC Reporting
  • Credit Facility Reporting

Capital Activity

Your investor relations team will be fully equipped with a capital activity reporting package that includes all the data they might need. Production is automated with scheduled delivery for reliability and consistency.

  • Capital Call Calculations & Notifications
  • Distribution Calculations & Notifications
  • Capital Account Statements
  • In-Depth Capital Activity Reports Package

Waterfall & Carry

Waterfalls can be complex. Their calculation must be accurate and easy to understand. We ensure that distribution allocations are strictly in line with the fund’s legal agreements and provide transparency and clarity.

  • Complex Waterfall Calculation & Distribution
  • Automated for Consistency & Accuracy
  • All Inputs Coming from Within the General Ledger System
  • Multi-Share Class & Preferred Share Waterfalls

Net Asset Value

Phoenix processes ensure compliance, accuracy and consistency in your deliverables to investors, auditors, and others with an emphasis on clarity and readability.

  • General Ledger Accounting
  • Expense & Income tracking
  • Waterfall Calculations
  • Management Fee Calculations
  • Portfolio Tracking


Phoenix leverages integrated systems to produce timely investor tax documents at any scale.

  • Investor K-1 Production
  • Investor 1099 Production
  • Printing & Delivery
  • e-Filing
  • Liaison with Tax Preparers
  • Withholding
  • Sales, property & use taxes
  • US Reporting for International Funds

Learn why industry leaders trust us for their back office

Let’s discuss how Phoenix can elevate your investor experience