HedgeTek - Partnership Allocation

At Pinnacle, we provide full partnership accounting to domestic funds through our utilization of HedgeTek. HedgeTek is a highly functional partnership accounting and reporting system developed by FiTek, LLC and used by many of the world’s leading administrators, accounting firms and fund managers.

• Tracking of investor contributions using separate capital tranches.
• Complex structures such as side pockets, carve-outs and multiple class-specific income allocations.
• Incentive allocations including complex hurdles, tiers, minimum returns, loss carry-forwards and claw-back provisions.
• Management fee calculations on a partner by partner basis.
• Restricting new issue income to only eligible partners.
• Complete tax allocations including realized and unrealized gains/losses, section 1256 gains/losses and other transactions with specific tax implications at each break period.
• Variable break periods (monthly, quarterly, weekly) and any other ad-hoc period.
• Prior period adjustments with automated rollback and roll-forward capabilities.
• Fully integrated master-feeder allocations enabling the master fund’s P&L to be allocated down to the partners in each feeder fund.
• Extensive reporting and data mining capabilities so that statements can be sent electronically, by fax, or posted online.