HedgeTek

HedgeTek is an investor accounting platform from Fi-Tek. It works as a partnership allocation system for hedge funds and similar partnerships.

It was developed in partnership with a Big Four accounting firm, and later versions have drawn on suggestions from fund administrators, accounting firms and large fund managers.

What HedgeTek offers

• Monetised allocation — handles capital-based partnerships.
• Unitised allocation — covers multi-series and multi-class funds, including equalisation.
• Investor accounting — keeps the partner-level records for each fund.

Who it works with

Hedge funds, other partnerships, fund administrators and accounting firms.

Key facts

• Vendor: Fi-Tek
• Developed with: a Big Four accounting firm

Key facts

• Allocation types: monetised (capital based) and unitised (multi-series, multi-class, equalisation)
• Role: partnership allocation system and investor accounting platform