A Strong Foundation
for the Future

Fund Administration Services

  • Tower Fund Services is an independent third party administrator that provides an outsourced solution for alternative investment managers. Our suite of tailored solutions includes fund startup consulting, accounting, valuation, reporting and tax services to managers in all strategies and structures. We enable our clients to focus on their core business; investing.

    • Fund Creation Consulting and Coordination
    • Onshore/Offshore Funds
    • NAV Calculations (daily, weekly, monthly, quarterly)
    • Continual Compliance Monitoring: AML/KYC & FATCA
    • Investor Subscription/Redemption Processing
    • Prepare GAAP/IFRS Financials and Liaise with Auditors
    • Treasury Services
    • US Tax Return and K-1 Preparation
    • Accounting and Tax for Management and General Partner Entities
    • Web Based Investor Reporting

  • Our technology is designed to allow multiple fund structures to be maintained in a single application. The system is a fully integrated portfolio accounting, transfer agency and general ledger system. Our objective in using this quality technology is to improve efficiencies through reduction of system interfaces and streamlining of workflow.

    Tower's standard reporting method is through a web based portal that is fully integrated with our portfolio accounting software. This allows for seamless web reporting to your investors. This portal allows for distribution of various documents: NAV Statements, Subscription and Redemption Confirmations, Newsletters, Year End Financials, K-1s, etc.

    • Long/Short US Equity
    • Futures/Options
    • Fixed Income
    • Multicurrency
    • Average AUM: $5million

    • Buyouts
    • Venture Capital
    • Real Estate
    • Operating Company Accounting and Valuation Assistance
    • Average Commitment: $75million

    • Approved Custodian by Capital One Bank
    • Servicer for NJ liens
    • Lien Portfolio Mgmt Software Provided to Clients
    • Average Lien Portfolio: $35million

WHY AN ADMIN? WHY TOWER?

Alternative Investment Fund Administrator

WHY AN ADMIN?

A fund administrator serves as an independent third party that protects the interests of investors and alleviates the fund managers of many of the operational burdens of running an investment fund.

  • Build Credibility with Sophisticated Investors
  • Save Time, Energy, and Resources
  • Reduce your Audit and Tax Preparation Fees
  • Improve your Internal Controls
  • Stay on Top of Compliance
  • Deploy Best Practices

Top Fund Administrators

WHY TOWER?

Tower Fund Services provides full service, low cost fund administration that is focused on servicing small to mid-sized fund managers.

  • Decades of Valuable Industry Experience
  • Exceptional Service
  • Cost Effective
  • Comprehensive Solutions
  • Emerging Manager Focused

Our Process - The Role of an Administrator

Investor Relations
and Processing

  • Capital Calls
  • Distributions Tracking
  • Subs and Reds
    Processing
  • AML/KYC

Portfolio Processing
and Treasury

  • Trade Capture
  • Corporate Actions
  • Payment of Funds
    Expenses
  • Cash Reconciliation

Valuation and
Accounting

  • Portfolio Valuation
  • Accrual and Amortizations
  • Management and Performance Fee Calculations
  • Allocation of P&L

Reporting

  • Investor NAV Statements
  • Year End Financials
  • Tax Returns
    and K-1s
  • PFIC Statements

Tower's Executive Team

Vincent Sarullo

Vincent Sarullo

Co-Founder

Vince has over 25 years of experience in the alternative investment industry as a CFO, CCO and Administrator. He focuses on business development, fund structuring, and significant client transactions at Tower.

Vince served as CFO/CCO for Terrapin Asset Management which offered hedge funds, fund of funds and private equity/angel investing platforms. Prior to that he was the CFO of private equity firms Butler Capital and Odyssey Investment Partners. Vince started his career at Deloitte & Touche in their New York financial services and real estate groups.

Vince is a New York CPA and a graduate of St. John’s University. He is a committed volunteer firefighter and rescue diver with the Red Bank Fire Department. He lives in Middletown, New Jersey with his wife Lisa and their two daughters.

Kinjal Amin

Kinjal Amin

Co-Founder

Kinjal has spent over a decade in the alternative investment industry. His primary focus is on the day to day operations and infrastructure at Tower to ensure all aspects of our service are exceeding client expectations.

Kinjal was the US Director of Operations for another global fund administrator and has served as a supervisor at a boutique tax and advisory firm that serviced $1bn+ hedge fund partnerships. He was directly responsible for onboarding, NAV production, and tax return preparation for over 75 funds.

Kinjal is a New Jersey CPA and a graduate of Rutgers University. He attempts to be a below par golfer, embarking crossfitter, and is an Amazon.com addict. He lives in Old Bridge, New Jersey with his wife Masum and their son.

  • Tower Fund Services is a premier financial services company that strives to achieve results that exceed your expectations. We are committed to providing outstanding service with accessibility, efficiency, and responsiveness. We take a genuine interest in you, understand your objectives, and deliver innovative solutions.

    Tower Fund Services Mission Statement
  • We comprehend the magnitude of staying ahead of the curve with industry standards. We strive to contribute to our communities by providing reliable and worthwhile services. We promote active involvement, both as a company and individually, to improve society as a whole.

    Tower Fund Services Mission Statement
  • Our culture is based on an unwavering belief in integrity and fairness. We approach every relationship with the utmost respect and dignity. We value long-term relationships with those who share our values.

    Tower Fund Services Mission Statement
  • Our company is exponentially more valuable as a group rather than individuals working separately. We sustain an enriching work environment through teamwork, diversity, and ensuring career growth.

    Tower Fund Services Mission Statement

Helpful Videos for the Emerging Manager

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Fund Accounting and Other Career Opportunities

Tower has been enjoying a consistent year over year growth since inception. This growth has us needing quality people in all areas of our business at various levels. We have a great work environment: a casual professional office atmosphere, 37-hour work week, unlimited time off, plus the traditional benefits you’d find in any quality company.

Click here to view positions that we are looking to fill now or in the near future.

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