Your fund’s operations depend on a trusted partner
Appoint us to manage your existing fund
For fund managers overseeing established funds, switching administrators can be a pivotal decision. Your fund’s operations depend on a trusted partner to manage administration, compliance, and governance complexities.
We offer a seamless transition with our experienced team, ensuring that your needs are thoroughly understood and addressed.
Have an existing private equity fund and are looking for a new administrator?
We administer multiple private equity funds and our experienced team is ready to assist you.
Have an existing Section 12J fund and are looking for a new administrator?
As the pioneers of Section 12J, we’re best positioned to oversee the administration of your 12J fund. With a 10-year proven track record and having launched the first 12J fund in 2014, we are the largest Section 12J administrator in South Africa.
Now that your Section 12J fund has been around for more than 5 years, you may wish to consider how to convert your Section 12J to a regular investment vehicle, getting rid of unnecessary regulation or list on the JSE AltX.
Our MeTTa Capital Secondaries Fund is able to facilitate liquidity for your investors in your 12J fund.
The pioneers in
Section 12J
12j
Fund administration services
Fund Administration
- Providing a third-party FSCA-approved Compliance Officer
- Assisting the Fund Manager with the Financial Intelligence Centre Act 38 of 2001 (FICA) requirements in respect of all investors into the Fund
- FAIS compliance reviews
- Appointing and assisting a suitable natural representative with fulfilling his/her requirements to become a Key Individual in terms of FAIS in due course
- PI and D&O cover
- Applying for appropriate FAIS license for the Manager, when appropriate
- Assisting the Manager’s natural representative (and up to two others) with fulfilling their requirements to become a Representative in terms of FAIS
- Facilitating the Manager’s appointment as a juristic Representative on a JRP tax certificates
- Valuations of the Fund
- Financial modelling
- Investor onboarding
- Company secretary and auditor liaison
- Quarterly reporting to investors
- Treasury Services
- Managing investor capital commitments and drawdowns
- SARS administration and returns
- SARS registrations
- Accounting and bookkeeping services
- Making disbursements on behalf of the fund
- Preparing IT3b and Section 12BA tax certificates
“We’re not going anywhere. We’re going to be here until exit time, with our heads down focusing on delivering investors the returns that were promised.”