We serve alternative investment clients that range in size from $1M to $4.2B in over 40 states. We work with funds utilizing a wide variety of strategies, including, but not limited to, the following: arbitrage, ABS, catastrophic bonds, convertible arbitrage, cryptocurrency, currency, day trading, derivative funds of funds, distressed debt, emerging markets, energy trading, event driven, fixed income, foreign currency, global macro, funds of funds, high yield, long/short, merger arbitrage, mortgage backed securities, real estate, reinsurance, risk arbitrage, situational, and structured finance.
We assist investors in several types of funds with accounting and tax services. Our expert team can assist you at any stage of your business, from new entrants into the market to veteran investors looking for new growth opportunities.
For the third year in a row, Richey May is honored to rank in the top 25 on the Convergence Optimal Performance Top Fund Auditor League Table, rising to #10 this year. Convergence Optimal Performance releases an annual Top Fund Auditor League Table, using a detailed methodology to determine and rank growth and assets. Their private fund database is the largest and most comprehensive in the market, tracking 87,000 Hedge, Private Equity, Venture Capital, Real Estate, Securitized Assets and Other funds and describe them with 60 different data artifacts. Richey May’s growth of 39.2% was done organically rather than by acquisition, which is an accomplishment we are proud of, as we have added 259 funds since April 2019 while retaining our current client base.
Convergence Optimal Performance recognized us as a Top 15 Fund Auditor for the 2018-2019 data collection period. In 2018, Richey May outperformed the market and the average growth rate of our peer group, moving up from #21 in 2017 by adding 92 new funds.
Richey May is also included among the Top Auditors of Hedge Funds consistently since 2017 as ranked by Hedge Fund Alert. The list ranks the top CPA firms by the number of SEC registered hedge funds audited. Now ranked in the top 15, Richey May’s Alternative Investments niche practice moved up two positions since last year, surpassing other national firms.
Richey May is also included among the Top Auditors of Hedge Funds in 2017 and 2018, as ranked by Hedge Fund Alert. The list ranks the top CPA firms by the number of SEC registered hedge funds audited.
In addition to the hundreds of other funds served by Richey May, the firm added 13 SEC registered clients in this reporting period. The rapid growth of Richey May’s Alternative Investments niche practice represents the largest organic increase in 2017 among CPA firms outside of the Big 4 firms.
TechGC is an independent, invitation-only, community platform for General Counsels of leading venture capital funds and high growth technology companies.
Our alternative investment team is comprised of top industry audit and tax experts in the alternative investment field who have worked on hundreds of funds in their respective careers and can provide a level of quality, customer service and expertise that few other firms are capable of matching.
Audits, reviews, compilations, agreed upon procedures and other assurance services
Initial fund structuring and consulting
Federal and state tax returns
Individual tax returns
Fund document reviews
Management company, general partner tax returns
Offshore Cayman filing requirement (FAR form) assistance
Our Cayman Island office allows us to conduct audits of pooled investment vehicles, such as hedge funds, registered under the Cayman Island Monetary Authority (CIMA) Mutual Funds Law. This office signifies our commitment to meeting the unique needs of our alternative investment clients. Our team is very experienced with CIMA regulations, including auditor consent letters and the filing of Fund Annual Returns (FAR), which are required to be filed within six months of an entity’s fiscal year-end. The FAR form contains financial data on the registered fund, including a summary statement of financial position, which discloses changes in net assets from the beginning of the year through the end of the year. With our Cayman Island office, we are well positioned to add value to our international clients with CIMA-registered entities. We are also registered with the Cayman Islands Institute of Professional Accountants (CIIPA).
The American Association of Private Lenders (AAPL) is the national organization representing the private real estate and peer-to-peer lending industry. AAPL operates as a codifying force and an unbiased knowledge custodian for lenders, investors, borrowers, media and general public. Members are required to abide by a comprehensive code of ethics that guides day-to-day decision making regarding professional conduct.
The Hedge Fund Association (HFA) is an International not for profit industry trade and nonpartisan lobbying organization devoted to advancing transparency, development and trust in alternative investments. HFA’s global presence spans five continents and over 14 countries.
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