Basiz fund service is a fund accounting service provider with International footprint, Head quartered in Chennai and having offices in Mumbai, Coimbatore in India, besides Singapore, London, and New York. Basiz primarily focuses on servicing Hedge Funds, Private Equity/Venture Capital, Mutual Funds, Family Offices, Insurance Portfolios, and Managed Accounts. Our team has rich

of more than 6000+ financial statements and having completed 400+ NAV processes of divergent nature, with high level of complexities, our team is best suited to bring results on your table. Basiz specializes in various accounting standards and instrument structures.

Basiz Fund Services is shareholder and operating partners of ODB Fund Services Ltd, the 2nd fastest growing fund administratior in the US. The partner in this venture is PKF O’Connor Davies the 10th largest CPA firm in the US. Powered with many decades of rich professional man years of experience represented by 100+ professionals, Basiz is poised to grow to greater heights in the domanin of fund accoutning as market leader.

BASIZ - A Knowledgeable, Viable and Dependable back-office partner

• Basiz supports the top 6 banks globally in preparing Financial Statements.• Basiz prepares Financials for about 5% of the Hedge Funds at a global level• Proven experience in running accounting and administration processes• In depth knowledge of investment accounting covering various GAAP’s, International best

practices and technology integration are the USPs of Basiz • Whole range of services in the Fund accounting space right from the time of trade execution

to the declaration of NAV and Financial Reporting• Basiz has executed and administered 400+ NAV’s & 6000+ Financial Statements• Pioneer in adopting SIPOC and PERT/CPM techniques in Fund accounting & Reporting

processes, and SAS 70 type I Certified.

“GLocal” in your time at your Convenience

Fund Accounting with Basiz -- where it makes sense

Sesh A. V ACAManaging Director

Basiz Fund Service Pvt. Ltd6th Floor, Solaris 1, A wing Opp L&T Gate No.6Saki Vihar Road, Andheri-East, Mumbai - 400072, IndiaMobile: +91 82860 08554Email: sesha@basizfa.com

Honey YeeVice President Global Marketing

Basiz FA Services Singapore Pte Ltd #21-00, 16 Collyer QuaySingapore 049318Tel: +65-6818 9130Fax: +65-6818 9445Email: sgmark@basizfa.com

Karthik DeepAssociate Vice President

Basiz Fund Service Pvt. Ltd6th Floor, Solaris 1, A wing Opp L&T Gate No.6Saki Vihar Road, Andheri-East, Mumbai - 400072, IndiaMobile: +919880724733 +919004077920Email: marketing@basizfa.com

http://www.basizfa.com

Thank You ……

SAS 70Type ICertified

$13.8 billion AUA & 6,000+ reporting … and growing

experience of handling assignments relating to AUA over $ 13.8 Billion. Having crossed preparation

• $13.8 billion Assets Under Administration

Our Services For You... flexible solutions for your fund needs

FINANCIAL STATEMENT PREPARATIONOur team handles this assignment right from the draft stage to sign off. Basiz uses proprietary process using bespoke SIPOC/PERT/CRM technique for the fund Industry.

Salient features of this service areBasizpreparesfinancialsforabout5%oftheHedgefundsatagloballevel • Cumulative experience of 6,000+ statements covering IFRS, US

GAAP, Lux GAAP, Irish GAAP, Indian GAAP etc. • Proven model • BasizisSAS70TypeICertified • Experienceinhandlingmajorauditfirms • Unique PERT/CPM method to reduce turn around time.

Obviously, this will leave your team free to concentrate on other high value core functions. Thus, the audit closure time can shorten and the overall cost can reduce.

NAV ACCOUNTINGFund accounting is specialized segment of accounting that combines the knowledge of securities, GAAP and skills of disciplined processes. Basiz offers NAV support services and addresses the demands of capacity,exoticinvestmentstrategies,difficulttoaccountsecuritiesandinstruments that do not have automated solutions.

Salient features of this service are • End to end investment accounting from transaction processing to

NAV declaration • Based on SIPOC methodology of Six Sigma • Unique & Proprietary graphical checkpoints for processing and review • 2 level Independent reviews • Proven experience of handling 400+ NAV’s covering daily, weekly and

monthly funds covering with Long/Short, Global Macro, Absolute return, OTC, derivatives, IRS, Equity basket swaps and CDS strategies

• Investor accounting that covers Partnerships, Master Feeders, SPC’s. Basiz can also compute equalizations & series allocation.

1065 AND K-1 TAXATIONA complete or modular services that covers • Foreign Currency related computation per Sec. 988 • Stapled securities analysis • Listed futures per Sec. 1256 • Determination of Grantor trusts • Splitting of capital and Income in certain REITs • Built in contribution gain/loss for contribution in kind/merged fund

scenario • Underlying PFIC & K1 upload • Straddles analysis • Wash sales computation • Tax v/s booked EUMAB • Reconciliation of temporary tax adjustment of relation to unrealized

gain/loss, MTM, Dividend, receivable • Qualifieddividendanalysis • Foreign tax credit by country analysis • Dividend & Interest by country analysis for DTA relief • PERT/CPM based proprietary process to ensure quick turnaround

PRIVATE EQUITY / VENTURE CAPITAL SERVICES • Deal entry • Recording capital commitments • Working and monitoring out draw down schedules and call triggers • Operating and monitoring of definitive agreements covenants,collectionoffinancialstatementsfromtheportfolios,MIScollectiontabulating and creating board binders

• Assist and coordinate board meetings • Claw back calculations, Waterfall calculations and IRR analysis • US Tax reporting mainly PFIC 1065 and K1 and coordinating any tax

consulting and CPA review • Bank reconciliations • Financial statement preparation • Fundannual returncomputationandcoordinatefilings forCayman

Funds • Investor reporting periodically • Cash forecast for next quarter • Budgets, organization & syndication accruals • Carry forward interest, management & performance fee computation • General ledger processing and review • Portfolio valuation based on pre agreed method • Income accrual and recognition • CFO support services

PFICLevel 1: PFIC Annual Information statement. This is issued by the

fund and given to the investors. It has no individual investor information, rather it is at fund level.

A) Election, Analysis, Setup, determination leading to PFIC status

B) Analysis and preparation of PFIC Annual Information Statement

Level 2: This is a consultative service. This analysis will generally includesuchthingsasfirstdeterminingthePFICstatusifany,analyzing the ownership structure and income streams, and determining which elections, if any, are appropriate. During this process we also attempt to identify planning opportunities as they present themselves. This service is co-offered with our partnerstheCPAfirmoutofNY.

Level 3: Once we fully understand the structure, planning opportunities and applicable reporting requirements inherent in each client’s situation, we then move on to the required computations and allocations, making appropriate elections, and filling out allrequired Tax Returns and Information Filings. For example, US Federal Form 8621 must be completed and attached to each individual investor’s personal tax return. The attribution rules of the US tax code must be applied for this purpose. There may also be US State Tax Return requirements as well. This service iscoofferedwithourpartnerstheCPAfirmoutofNY.