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Fund establishment and administration services in Hong Kong.

Comprehensive fund establishment and administration services for fund managers, hedge funds, private equity funds, fund of funds and family offices. From structuring and launch to ongoing administration and growth, we manage the full operational lifecycle with precision and reliability.

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Fund establishment and administration services in Hong Kong

Expert fund operations from launch to growth.

End-to-end establishment

We act as your project manager during the pre-launch phase, managing everything from fund structuring and regulatory approvals to AML/CFT compliance and third-party coordination. One point of contact for your entire fund setup journey.

Cloud-based administration

Our hybrid model of onshore administration team coupled with our shared services centre provides professional-grade fund accounting, NAV calculations, and investor reporting through modern cloud-based platforms. Cost-effective operational expertise without the overhead of building an in-house team.

Regulatory confidence

With deep experience across LPs and traditional fund structures, we ensure your fund meets all SFC and IRD requirements. From managing FATCA and CRS compliance to annual filings, our team navigates Hong Kong’s regulatory environment for you.
Fund services and investment management solutions

Specialised support for investment managers launching and growing funds.

We help fund managers set up and run investment funds, covering licensing support, AML/CFT compliance, fund accounting and investor reporting. That means practical, specialist help across legal, regulatory, tax and operational requirements, with frameworks that reduce risk, improve transparency and build investor confidence.

Our services support both early-stage domestic managers and established international firms needing reliable local execution and institutional-grade operations.

Fund setup.

  • Fund structuring and establishment

    We help you to establish and manage your fund structure, including venture capital, private equity, real estate, unit trusts, alternative investment funds and hedge funds.

    Structuring and setup

    • Advise on the most suitable vehicle: e.g., Open-Ended Fund Companies (OFCs), Limited Partnership Funds (LPFs), unit trust, investment company and manage all documentation, registration, and subsequent filings
    • Reviewing all documentation, including offering memorandum and investment management agreement
    • Arranging introductions to, and subsequently coordinating with attorneys, auditors, brokers and custodians to build a comprehensive service ecosystem
    • Setting up a bank account for the fund

    Licensing and registration

    • Assisting with Hong Kong Companies Registry incorporation
    • Application to the Securities and Future Commission (SFC) of Hong Kong for relevant licenses and fund compliance filling, and assist in apply tax incentives

    Advisory and planning

    • Legal, tax and accounting advice
    • Fund sponsor AML/CFT, PEP and sanction checks
    • AML/CFT risk assessment and policies and procedures

    Fund and fund manager establishment

    • Establishment of the fund entities
    • Establishment of fund manager

    Documentation and agreements

    • Preparation of the investment management agreement
    • Preparation of distributor agreements
    • Preparation of legal documents and agreements
    • Reviewing the Information Memorandum and Investment Statement
    • Issue various compliant consent letters and filling documents

    Registrations and regulatory compliance

    • Registration of the fund with the tax authorities and HKIRD
    • Registration of the fund for FATCA/CRS
    • Obtaining ISIN number(s) for fund securities

    Operational setup and integration

    • Bank and broker account openings
    • Integration with custodians and prime brokers
    • Fund IT and reporting systems

    Coordination and communication

    • Co-ordinating, and communicating with, the various third-party service providers
    • Co-ordinating, and communicating with, the fund’s trustee or licensed fund manager

  • Investor onboarding

    We manage the onboarding of your investors by providing the following services:

    Documentation and application

    • Preparation of application forms and subscription agreements
    • Review of all onboarding documentation

    Investor due diligence

    • Investor identification and proof of address
    • Investor proof of source of funds
    • Investor PEP and sanction checks
    • Investor AML/CFT Enhanced Due Diligence

    Investor relationship management

    • Investor acceptance
    • Investor communications
    • Investor registry
    • Liaising with bankers, lawyers and other advisers
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Fund administration.

  • Ongoing fund administration

    Our back-office outsourcing solutions operate as a shared services centre with oversight by the onshore administration team, allowing us to provide professional operational expertise on a highly cost-effective basis. We use cloud-based accounting systems matched to your fund’s requirements.

    We provide cloud-based, automated fund accounting, administration and reporting services and independent verification of your fund’s investments and their value, thereby safeguarding investors’ interests.We provide cloud-based, automated fund accounting, administration and reporting services and independent verification of your fund’s investments and their value, thereby safeguarding investors’ interests.

    Outsourcing fund administration to Acclime frees up the investment manager to focus on managing the capital entrusted to them. Investment managers and family offices can select from a range of outsourced solutions for balance sheet and business model flexibility.

    Portfolio accounting

    • Maintaining accounting books and records of the fund in accordance with the fund’s governing documents and International Financial Reporting Standards and Hong Kong Financial Reporting Standards.
    • Recording investment trading activities into the fund accounting ledger
    • Performing investment position reconciliation
    • Calculating the NAV of the fund
    • Calculating management and performance fees in accordance with equalization or series accounting
    • Capturing banking data and reconciling cash movements
    • Undertaking independent portfolio pricing and monitoring, where possible
    • Coordinating annual fund audits

    Investor reporting

    • Undertaking anti-money laundering (AML) and Know-Your-Client (KYC) procedures on investors
    • Establishing and maintaining the register of investors
    • Reconciling, processing and confirming investor subscriptions and redemptions
    • Tracking investor commitments, capital calls and distribution
    • Delivering confirmations and month end investor statements
    • Handling communication with investors of the fund
    • Distributing customised fund-level reports online
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Related services.

  • Fund advisory

    We provide hands-on support for fund acquisitions, divestments, and restructurings, alongside specialist tax structuring for domestic and international investment vehicles. Our transaction management and tax advisory services handle the execution, regulatory coordination, and tax optimisation for investment funds.

Why investment managers trust us to manage their fund operations.

Integrated, multi-disciplinary expertise

We combine transaction management, restructuring, and tax advisory under one roof, giving you coordinated advice across complex fund decisions without juggling multiple advisors.

Independent, objective analysis

Our independence ensures recommendations are fully aligned with your fund’s best interests. We offer fresh perspectives, identify strategic options, and provide clear, actionable guidance.

Cross-border transaction experience

We handle complex international transactions and tax structures, relying on Hong Kong’s advantages as an international financial centre to navigate multiple jurisdictions and regulatory regimes to optimise outcomes globally.
FAQs

Common questions.

What fund structures do you support?
We are able to support the establishment and administration of OFCs, Portfolio Investment Entities (PIEs), Unit Trusts, LPs, investment companies and other investment structures. Whether you are launching a venture capital fund, private equity fund, real estate fund, or alternative investment vehicle, we can structure and administer the appropriate vehicle for your strategy and investor base.
How long does it take to establish a new fund?
The timeline varies depending on fund complexity and regulatory requirements but typically ranges from 8–16 weeks from initial consultation to first close. We act as project manager throughout the process, coordinating legal documentation, regulatory registrations with the SFC, bank account openings, and third-party integrations. Our end-to-end approach ensures efficient progress through each milestone.
Can you support both early-stage and established fund managers?
Absolutely. We provide fund incubator services for early-stage domestic fund managers launching their first vehicle, as well as comprehensive administration for established international fund managers expanding into new markets. Our services scale to your needs, from full turnkey establishment support to specific administration modules for experienced managers.
What is a Limited Partnership and why is it used for funds?
A Limited Partnership (LP) is a flexible investment structure that allows for general partners (with management control and liability) and limited partners (investors with liability limited to their investment). LPs are tax-transparent and provide privacy and governance advantages, making them ideal for private funds.
What does your fund administration service include for ongoing operations?

Our administration covers the full operational back-office: cloud-based fund accounting, NAV calculations, fee computations, investor registry maintenance, subscription and redemption processing, statutory accounts preparation, tax returns (including PIE tax), performance reporting, and investor communications.

We use modern, cloud-based platforms tailored to your fund’s size and requirements, providing institutional-grade operations without the cost of building an in-house team.

How do you handle AML/CFT and regulatory compliance?

Compliance is embedded throughout our service offering. During establishment, we conduct fund sponsor checks, develop AML/CFT policies and procedures, and complete risk assessments. For investor onboarding, we manage identification verification, proof of source of funds, PEP and sanction checks, and Enhanced Due Diligence where required.

Ongoing, we ensure your fund meets all SFC requirements, tax registrations (including FATCA/CRS), and local filing obligations, giving you and your investors confidence in your compliance framework.

Ready to launch or optimise your fund?

Scale your fund confidently with reliable NAV, investor reporting and oversight.

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Not sure where to begin?

Schedule a free 30-minute discovery call
to discuss starting & managing your company
in Hong Kong.

Florian Braunsteiner, Commercial Director
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