Fund services North America

Maitland is one of the fastest growing independent third-party fund administrators. Through our award-winning global fund administration platform we provide our clients with the best-of-breed in technology alongside a truly client centric team, a formula that is at the roots of our firm’s growth to over $220 billion of assets under administration. Founded in in 1976, the firm is privately owned and fully independent. With 17 offices in 12 jurisdictions, our over 1,100 employees provide customized cross-border solutions to meet the demands of the world’s most sophisticated clientele. We embrace complexity to deliver simplicity.

Thinking globally | delivering locally We have offered independent third-party fund administration services since 1990, across a wide range of fund types, strategies and investment styles, operating at the highest technological and governance levels. We integrate industry leading technology to provide automated front, middle and back-office administration services to our clients.

Institutional operations Institutional, corporate 5 employees globally 17 centers 1,100 & private client offices Portfolio* Our global client base

Halifax Institutional Ops center comprises alternative, Chelmsford Institutional Ops center traditional and mutual funds.

Our clients trade in 80 countries over 144 exchanges

Institutional Richmond Ops center $220bn AUA

Institutional 10,610 bank Cayman Ops center accounts reconciled daily

Process over 2,500 unique compliance rules daily Cape Town Institutional Ops center

29,869 unique Scotland instruments priced daily Institutional client Private client Corporate, Institutional & Private client

New York Dublin 22,000 reports Institutional client Institutional & Private client Corporate & Private client produced per day

Malta Channel Islands 177,000 market Corporate & Private client Private client Corporate, Institutional & Private client trades processed per Luxembourg month Corporate & Institutional client Corporate & Private client Corporate, Institutional & Private client

* Data at 31 January 2019 Our capabilities continuum: wide-ranging and focused

Capabilities Transfer Fund launch Portfolio FDF trade Accounting Middle Operations Legal set Company Director- ManCo agency / NAV Financial Regulatory administra- processing & process- office up secretarial ships services Investor delivery statements reporting tion services ing services services Our story | our values With 20 years of fund administration experience globally, Maitland expanded its operations to the United States by acquiring an award- winning global fund administration firm in 2012. Leveraging the talented team of accountants and technology specialists with 45 combined years of leadership experience on Advent Geneva administration and integration, we have been steadily evolving a solutions platform for hedge, private equity and hybrid funds for the North American market.

Management owned True specialists Unparalleled partnership

We are the largest fund Our team of specialists A partnership needs to to be administrator are trained to deliver be mutually agreeable which management owned. customized solutions is why our relationships are This level of independence for fund administration. built on a service level has allowed us to form a Because Maitland is not owned agreement. Taking the sustainable growth by a bank or prime brokerage, term “agreement” literally, business. this structure affords you together we review our the flexibility to have our performance every 30 dedicated staff partner with your days to ensure that you are intermediary of choice - be it satisfied with the delivery. We your bank or prime brokerage - focus on building a foundation for the most seamless of quality, ingenuity and delivery. personal service to ensure a long-standing relationship.

Your needs | our solutions Client servicing is the core of our business model. It’s not just a positioning statement, but an ongoing mission to grow and form long- standing relationships. Many of our original clients of 40 years ago still form an important part of our client base today – a testament to our relationship-driven approach. As such, it starts with assigning a dedicated hands-on account manager to manage the client’s needs throughout all stages of the partnership.

One of the critical concerns about establishing a new or changing provider is the potential disruption. Maitland has managed numerous fund set ups and conversions from Fund Set-up both portfolio administration systems and unit trust client ledger systems, a capability we now regard as a core competency.

We have developed a special implementation Client Integration Relationship team dedicated to making the on-boarding process relatively quick while reducing associated costs Manager and risks. On-going The journey continues with ongoing account reviews and solutions discussions for evolving needs. Comprehensive coverage | customized for needs The days of the ‘one-dimensional’ fund administrator are over. In a world of increasing complexity, regulation and cost of human capital, fund administrators must move higher up the value chain and offer clients broader consultancy services and legal support. We believe that orchestrating data on our platforms must enhance their stakeholders’ experience. Below is a sampling of our core competencies:

What we do

Formation Services Full Fund Administration Services Corporate Entity Management Corporate Structuring Middle office Back office Services Company Services Fund Structuring T+0 & T+1 Estimated & Fund Accounting Offshore Registered AIFMD Services Office Services Domiciliation Set-up Final NAVs Full Fund Admin Corporate Services Services Fund Launch Risk & regulatory reporting Investor Services Shadow accounting FATCA / CRS Services Compliance Support Multi-jurisdctional Global Structuring ManCo solutions Advise Performance dashboard, Financial Statement FATCA / CRS Services customized reporting, Preparation Financial Statement portfolio analysis Preparation OMS, PMS integration with Audit Support Regulatory Reporting trade matching Audit Support Valuation Services Compliance Support Fund and portfolio Board of Directors performance services Support Services How we do it Technology Integrators While we leverage the industry-standard technology stacks, our team of specialists are not just proficient handlers of the systems but highly skilled in the integration and migration of data.

Automated template solutions Technology Leaders All reports can be produced in compliance Combined 40+ years of experience in with “Institutional Limited Partners development of over 9 releases of Advent Associated (“ILPA”) standards*

Market Ready Specialists primed to build technology to meet rapidly Execution changing regulatory landscape EOD reports turned AVATAR around within ½ hour

AVATAR Agile AvatarFM, our proprietary investor reporting Robust system, offers real-time investor reporting Avatar, our proprietary system, provides a wide services, confirmation letter deliveries, ability range of reporting services, including customer to export investor allocation data and securely relationship, fund, and workflow management tools transfer files to/from Maitland Industry leader We are proud recipients of leading industry awards in North America and globally.

Client Experience - 2018 Private Equity Administration - 2017

Recognition in Maitland’s onboarding and Recognition in Maitland’s newly integrated relationship management in its private equity platform offering solutions for complex Award for Innovation fund administration business. closed-ended and hybrid funds structures.

Global Awards | Proud recipients for leading industry awards:

Best Administrator – Best Administrator – Best Offshore Hedge Fund Reporting / Regulatory Services Single Fund Manager under $30bn Administrator HFM US Service Awards HFMWeek US Hedge Fund Service Awards Hedgeweek USA Awards

Funds Europe Awards 2017: European Specialist Administrator of the Year I Investment Week Fund Services Awards 2017: Best Fund Service Provider & Best Fund Service Solution I HFMWeek European Hedge Fund Services Awards 2017: Best administrator – UCITS funds I Africa Global Fund Awards 2017: Best Fund Administrator: Investment Funds

Key contacts

Scott Price David Dwyer Head of Business Development Business Development Manager & Client Management - North America +1 646 218 9839 +1 312 623 9681 [email protected] [email protected]

Frank Ferrara Chris Hindle Senior Client Service Manager Senior Client Relationship Manager +1 646 664 4288 +1 804 997 9400 [email protected] [email protected]

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Maitland is licensed as required for the services it offers. For further information on the licence permissions applicable to your jurisdiction please visit our website at maitlandgroup.com. The content and opinions herein are for information purposes only. They are not intended to constitute legal, financial or other professional advice, and should not be relied upon as such or treated as a substitute for specific advice relevant to particular circumstances. Neither Maitland as a group nor any of its member firms or affiliated entities accepts any responsibility for any errors, omissions or misleading statements in this publication, or for any loss which might arise from reliance on the material. No mention of any organisation, company or individual, whether on these pages or not, shall imply any approval or warranty as to the standing and capability of any such organisations, companies or individuals on the part of Maitland. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. Please note that, whilst all reasonable care has been taken to ensure the correctness of this publication, the information may not be applicable for all jurisdictions. Read our Data Protection Policies: maitlandgroup.com

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