Ok, well not exactly what people look for at the start of a new year, but we wanted to get a jump on things. So… following the IRS release of the 2015 forms, we've issued a tax release (Version 11.3) for Penny.
In which Mike Myers, Cartman, Arthur the super hero accountant, and a ridiculously cute angora bunny help us to sort through the alphabet soup (FATCA, AIFMD, FINRA, IRS, GIPS, ILPA) of financial regulations that impact the alternative investment space.
In which Penny celebrates its ninth birthday with a graphical history of software, a look back at the evolution of the system's frontend, a preview of regulatory features, and Fudgie the Whale.
As the fund accounting system provider for a broad and diverse group of hedge funds, private equity firms, and fund administrators, we have a birds-eye view of emerging needs. From our perch, here's our predictions for 2015.
In which we use Pink Floyd, Samuel L. Jackson, and PSY's gangnam style (ever seen an accountant dance?) to explain how to manage funds' capital capacity.
In which the Easter bunny, Kelly Taylor from the original 90210, Rocky Horror's Riff-Raff, and the Star Trek the Next Generation's Worf are used (and probably mis-used) in the service of explaining the tax implications of the two options for handling incentive fees.