« To Business PackagesHedge Funds/Investment Package

Introduction

Bourne Financial provides dedicated space, infrastructure, and services for Hedge Fund and Investment Management companies tailored to help you quickly establish and grow you r business. No portion of the management company is taken nor is there a performance percentage taken. As a result a firm would be able to:

• Pre-market funds and services to potential investors
• Establish funds in terms of administration and compliance
• Launch funds as soon as they have identified clients and investors

We will provide a largely bespoke package for Hedge Funds and Investment Management companies but envisage that the components will be as follows:

• Accommodation

  • Bourne Financial provides Members with premium space, at Broadgate in the heart of the City, structured to fit the needs of start-up and small firms ñ all at competitive prices and on flexible terms. Services include:
    • High specification office space available for immediate occupation
    • Advanced office infrastructure specifically designed to support financial firms
    • A comprehensive range of office services
    • Click here for more details

• Compliance

  • A full range of compliance services is available to Members on a flexible fee basis through our on-site compliance partners. They can offer ongoing or temporary compliance cover.
    
    New businesses typically wait between 3 and 6 months for their FSA applications to be processed; and they may wait considerably longer if the FSA deems their application to be incorrect.
    
    Bourne Financial offers an invaluable advantage to start up companies by providing the required information in a clear and concise manner with the aim of reducing this waiting time. Moreover, new businesses will find the costs of making their application considerably less than those charged by most independent compliance consultancies.

• Administration

  • We have partners who can offer a full range of administration services to Hedge Funds and Investment Management companies. These include several leading firms of administrators.
    
    Their services include registrar and transfer agent services, fund valuation, subscription and redemption, and fee verification.

• Temporary Authorisation

  • We have arrangements in place with firms, who are FSA regulated, to provide compliance services for start-up and young Hedge Fund and Investment Management companies.
    
    This gives them the ability to conduct their business on a temporary basis pending their own regulation and registration.
  • Companies will lose no time waiting for authorisation and regulation, and are able to start their business on becoming Members.

• Third party fundraising

  • Bourne Financial have an on-site third party fundraiser, who can provide the necessary marketing and introductions to an expansive database of potential investors.

• Seeding

  • Bourne Financial will be offering seeding to a limited number of Hedge Funds. The Hedge Funds, once Members will be monitored for a period of time by experienced risk management personnel, after which a decision regarding the seeding can be made.

• Accountancy

  • Our partners can provide accountancy solutions for Hedge Funds and Investment Management firms. Their services include auditing, payroll and VAT, and personal tax advice.
  • They can also relieve the burdens of statutory compliance with Companies House and Inland Revenue filing requirements.
  • Bourne Financialís close links with our partners could certainly prove of great advantage to any firm choosing to use their services.

• Insurance Services

  • A prominent insurance broker can offer bespoke insurance services to Hedge Funds and Investment Management firms that require them, including professional indemnity, on a flexible and comprehensive basis to suit the individual firm.

• Legal Arrangements

  • Bourne Financialís legal partner are a major legal partnership who specialise in regulation and compliance work.
    
    They cover areas from the initial registration through to complex compliance issues. We also have an agreement in place for them to act as legal auditors for investment companies.
  • These are all areas that are essential for Hedge Funds and Investment Management companies to address, and our close relationship with our partners enables the process to be as smooth as possible.

• Conclusion

  • … Bourne Financial offers a unique package for Hedge Fund and Investment Management operations wishing to establish themselves in a highly desirable City of London address, previously only accessible to the largest of companies.
  • Everything required for running a successful Hedge Fund and Investment Management business will be on hand ñ literally a one-stop shop.

« To Business Packages