For Asset Management firms, the challenges today come from many directions: impending changes due to the Common Reporting Standard, regulated fee caps, uneven fund returns, complex new fund products, and increased institutional investor demands. Managers must continually question if they have the infrastructure, strategies and advisory firepower to thrive under these new conditions. EisnerAmper maintains a deeply resourced, highly awarded Asset Management Group for the specialized needs of fund managers and investors. Clients rely on our team to navigate regulatory and compliance requirements, and help facilitate new growth opportunities.
The Asset Management Group serves hedge funds, private equity funds, venture capital funds, funds of funds, mutual funds, regulated investment companies, management and general partner entities, institutional investors and investment advisors. Our clients include more than 10% of the top 100 private equity and venture capital funds, as measured in assets. And that’s just one slice of a client roster that includes 1,300 hedge funds, and 200 private equity fund and venture capital fund families with more than 1,000 related entities.
Asset management clients of all sizes engage us for a comprehensive and integrated menu of tax, audit, regulatory and compliance, and advisory services. All of these services draw upon our expertise with intricate questions of tax impact, product development, infrastructure, jurisdictional distinctions, fee structures, and fund launches. Emerging managers, in particular, turn to EisnerAmper for assistance on setting up the operating structures that can best attract investor capital.
Our Asset Management Group client philosophy has some distinctive elements to it: First, we look for practical year-round solutions that will help fund managers minimize their tax burdens. Second, EisnerAmper partners and senior practitioners are hands-on participants in all client engagements. Third, we are known for fostering relationships between the peer professionals who drive the asset management industry, through our own professional networks and through sponsored and produced EisnerAmper events such as our Emerging Manager Roundtable and our regular breakfast series for fund managers and investors.
The fund industry has recognized the impact of our approach: EisnerAmper was named Hedgeweek’s "Best Accounting Firm" in Hedgeweek's Global Service Provider Awards for 2016, as well as “Top North American Accounting Firm” for 2015; voted a “Top Accounting Firm” for Institutional Investor’s Alpha Awards for the past 3 years, in all 5 of its surveyed aspects of service; and selected as the “Best Tax Advisor” by Alt Credit Intelligence.