wealth&finance2016
awards
alternativeinvestment
AI16055
Company: Langham Hall Email: marie.fitzpatrick@langhamhall.com Web Address: http://www.langhamhall.com/ Address: 5 Old Bailey, London, EC4M 7BA Telephone: +44 20 3597 7900
Best for Depositary Services – USA & Private Equity Fund Administration Firm of the Year - USA
Langham Hall Langham Hall is a bespoke owner-managed fund administrator and accountant with more than $70bn of assets under management across over 170 funds. We spoke to Business Development Director, Marie Fitzpatrick, to find out more.
Here at Langham Hall we specialise in providing services to alternative fund managers. Fund accounting, administration, depositary, and Annex IV reporting are our specialities.
Alongside our greatest asset - our staff - we have the advantage of an IT system that helps set us further apart from competitors. We have developed a real estate, private equity, infrastructure, and debt implementation of SUN systems, which holds both financial and non-financial data. SUN is the general ledger platform used extensively by Fortune 500 companies.
We work for more than 170 funds and special purpose vehicles and have an aggregate of $70bn of assets under administration, of which around $35bn are in real estate. We have offices in six locations (London, Jersey, Guernsey, Luxembourg, Hong Kong and Singapore) and employ more than 170 staff. As well as real estate, we work for debt, infrastructure and private equity fund managers.
Our system provides fast and flexible investor reporting, bespoke Excel-based templates for management fees and carry calculations, a platform generating pdf NAV statements, bespoke drawdown, distribution and equalisation calculations, consolidation, customer relationship management, and granular investment data.
Having established one of the strongest management teams in the industry, we have become global and are successfully providing a number of services to firms in the US, specifically depositary and Annex IV reporting that are required under Europe’s AIFMD.
Moving forward, the company expects to remain independent and to further expand in the future, both in terms of assets under management and service lines. This year we celebrated our 10 year anniversary and we think we are poised to grow in line with the industry.
One of our key strengths is our staff. Some 85% are qualified or part qualified accountants. We take pride in providing career development training leading to further professional qualifications. In line with the deep experience of senior management, we have built up a reputation for freely sharing our experience of establishing funds and we provide flexible support in terms of adapting services to best fit our clients. We make sure we propose solutions based on clients’ needs.
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