AVEGA UK Services Limited

Fund Administration, Accounting, Reporting & Corporate Governance

AVEGA UK Services Limited

Your Partner for Fund Administration, Accounting, Reporting & Corporate Governance

AVEGA UK – Contacts

Your contact partners

Chris Warnes

Managing Director

Chris, who is based in our London office, joined AVEGA in Q4 2023 to establish our presence in the UK market alongside Coral Bidel.

Previously, Chris spent over seven years with Sanne (which became Apex) in a variety of Senior roles. This included three years as Country Head leading Sanne’s UK business and a further year as Regional Head for Apex’s UK business.

Prior to Sanne, Chris worked in several roles in Jersey with Alter Domus and Ogier (prior to its acquisition by Intertrust).

Chris, who is a Fellow of the Association of Chartered Certified Accountants, and has over 25 years’ experience in financial services covering both the UK, Jersey and Luxembourg. With the majority of these covering Alternative Asset classes with specific deep expertise in Real Assets, Private Debt and Private Equity.

Coral Bidel

Managing Director

Coral has recently joined AVEGA, and is based in our London office, where she is responsible for spearheading the development of the UK service offering alongside Chris Warnes.

With a solid foundation in the financial services sector over two decades, Coral has become a distinguished business leader with a focus on corporate governance, client relationship management and fund administration services within the corporate and private capital space. Her expertise extends across various sectors, including Real Assets, Private Equity, and Private Debt.

Her career has included working in both onshore and offshore jurisdictions, providing Coral with a deep understanding of the fiduciary and regulatory responsibilities, which come with assisting clients on their structuring and servicing needs across multiple geographies and asset classes.

AVEGA UK – About Us

Introduction

We’re excited to announce the establishment of our new London office, bringing the full service offering of AVEGA to the UK.

AVEGA is an autonomous and independent player in the market and has a rich history of providing in depth experience to international clients establishing fund and corporate vehicles. With an ever expanding global presence and a commitment to service excellence, we are now extending our reach to service clients out of the United Kingdom.

At AVEGA UK, we aim to make a lasting impact on the local market and contribute to services at each step of the entity life cycle, from incorporation through to the end of fund life. Flexible and solution-orientated to all clients, tailored to meet the unique needs of our UK clientele. Our service offering covers the following:

Fund Administration
Corporate Governance, Directorships and administration services
Accounting, financial statements and reporting
Project support, from set up, to transaction management/assets disposal.

Our UK team is led by two experienced leaders, who have detailed experience in the fund and corporate administration sector. Their experience includes extensive knowledge across Real Estate, Private Equity, Private Debt and Infrastructure structures.

AVEGA UK – Services

Our services

Accounting, Financial Statements and Reporting

Preparation of Fund and Corporate Accounting on a stand-alone and/or consolidated basis

Preparation of financial statements under FRS102 or IFRS

Management and coordination of respective audits for Fund and Corporate entities

Calculation of Net Asset Values and management reports on a quarterly basis

Preparation and submission of investor reporting

Preparation and submission of regulatory reporting

Preparation of monthly or quarterly VAT returns

Preparation of monthly CIS returns

Preparing pack for Corporation tax returns for external tax advisors

FATCA/CRS reporting

Bespoke KPI reporting

Corporate Governance

Provision of UK Registered Office and Company Secretary

Provision of experienced UK executives to act as independent Directors on client entity board roles

Incorporation/establishment of entities to include bank account set-up

Maintenance of the Companies Registers

Preparation of board and shareholder resolutions to include drafting board packs, minute taking and drafting of minutes and action points

Drafting of other resolution and documents

Management of transaction process in conjunction with external legal advisers

Cash Management – processing of payment of client entities on a periodic basis (to include bespoke call back process)

Know your Client (KYC) reporting, to include on-boarding, monitoring and reporting

Fund administration to include maintaining investor database and processing investor transactions