FUND ACCOUNTING

OVERVIEW OF THE PROCESS

TYPES OF FACILITIES

Term
Revolver
Loan

Delayed
Draw
Equity
Term
Loan
 BORROWER

DEERPATH FUND
SERVICES

Deal 1 Deal 2 Deal 3

 INVESTMENT TEAM
AFTER THE DEAL IS
FINALISED, DEAL TEAM
APPROACHES INVESTMENT
TEAM WHO PERFORMS DUE
DELIGENCE.
 LOAN DEPARTMENT
AFTER THE INVESTMENT
TEAM PERFORMS DUE
DELIGENCE, IT ILL
APPROACH LOAN
DEPARTMENT
 Loan
Department

Treasury
Department
TREASURY TEAM WILL
ALLOCATE THE FUNDS AND
THEN APPROACH THE LOAN
DEPARTMENT.
LOAN DEPARTMENT WILL
PREPARE THE FUND FLOW AND
APPROACH ACCOUNTING TEAM
 ACTIVITIES PERFORMED BY THE FUND
ACCOUNTING TEAM
1. PRINCIPAL AND INTEREST RECONCILIATION.
2. CASH RECONCILIATION.
3. TRIAL BALANCE CHECKING - Expenses and Income Management.
4. PREPARATION OF FINANCIAL STATEMENTS.
5. PERFORMANCE AS OF DATE RETURNS – XIRR Investor.
6. DISTRIBUTION OF INCOME ITH INVESTORS - Distribution of
Notices - Hurdle Calculations - Carried Interest
7. LP LETTERS – Investor Confirmations.