CornerStone regularly verifies custodian-generated values by reconciling data to independently provided manager statements and recalculating performance.

CornerStone conducts essential back-office activities, including investment processing, preparation of contracts and subscription documents, and assistance with AML/KYC queries and forms.

We assist clients with accounting, audit, and tax support, including confirmation management, investment-related financial statement footnote preparation, and K-1/tax documentation. Our operations professionals include a number of Certified Public Accountants and former auditors, and typically engage directly with client staff and client auditors.

We tailor performance reports for each client and provide detailed manager-level data, portfolio-level exposure data, private fund performance data, and a variety of risk metrics.

We maintain a library of each client’s investment documentation, including performance reports, custodial statements, manager statements, capital calls, offering and subscription documents, audited financial statements, and K-1s.