Explore More
|
Functionality
A highly functional system, MPartner provides the tools to readily manage and automate alternative investment accounting and monitor broker and trade activity. MPartner simplifies investment partnership tax accounting and provides robust reporting capabilities. MPartner offers:
- A fully integrated general ledger capable of accepting feeds from third-party software
- Ability to define complex multi-level fund structures including funds of funds and master- feeders
- Track all types of fund participants, their relationships, and financial activities
- Automated allocation of financial activities and results through all levels of master-feeders and funds of funds structures
- Define and control any type of management or incentive fee calculation
- Full multi-currency capabilities, including automated currency conversion between fund structure levels denominated in different currencies
- System transparency that allows users to understand and audit system calculations
- Automation of the substantial requirements of U.S. tax accounting for partnerships, hedge funds, commodity pools, private equity funds and real estate funds including book-tax adjustments.
- Comprehensive tax reporting, including K-1 generation
- Interfaces with Linedata's MFact and Beauchamp systems or another portfolio accounting system to separate and identify gains from different tax categories, find wash sales, straddles, and constructive sales
- Supports performance fee equalization using the series of shares method, including the ability to perform series rollup functions
- Interfaces with Linedata's TA system, to provide a single source for investor tracking and reporting for all types of fund structures, including onshore and offshore funds