Providing a comprehensive suite of accounting, fund administration and corporate services, to a range of investment funds and corporate entities

Welcome to
Penrose Accounting Services

Penrose Accounting Services is an accounting and fund administration business, providing a comprehensive suite of accounting, fund administration and corporate services, to a range of investment funds and corporate entities.

Our valued team is made up of highly qualified and experienced multi-lingual professionals and we pride ourselves in delivering a professional, competitive, efficient, and timely service to our esteemed clients. At Penrose Accounting Services, we are committed to offer a tailored service with a personal approach to our clients’ needs as well as the regulatory and investment environment within the relevant jurisdictions.

We currently administer a diverse portfolio of investment funds and entities including hedge funds, mutual funds, property funds, feeder funds, multi-share classes funds, funds with various segregated portfolios which follow various investment strategies.

Our aim is to be a dedicated strategic partner to our clients,
their funds and investors, and together achieve sustainable long-term success

Our Services

Fund Accounting

  • Maintenance of financial records
  • Processing trades, settlements, dividends
    and interest receipts
  • General banking, bank reconciliations and cashflow reporting
  • Multi-currency and multi-share class/segregated portfolio accounting
  • Income distributions and dividends
  • Fees and Commissions calculations, statements and payments
  • Performance fees calculation
  • Reconciliation of assets
  • Valuation of underlying assets
  • NAV calculation
  • Assistance in preparation of accounting statements
  • Liaison with bankers
  • Liaison with fund manager, promoter, distributors, valuation agents, brokers, custodian and trustees
  • Coordination of the audit process
  • Publishing fund data on proprietary websites
  • Various Reporting including board meetings and investment strategy meetings
  • Participation in board meetings and investment strategy meetings as required

Registrar and Transfer Agency

  • Maintenance of information, records and registers of officers and investors
  • Subscription and redemption processing
  • Issuing contract notes to the investors
  • Handling of corporate actions
  • Issuing of regular weekly dealing summaries
  • Issuing of regular investor statement of holdings
  • In liaison with our Compliance team ensure compliance with AML, due diligence and KYC requirements as required by regulatory authorities and fund documents, and secure maintenance of related information and records
  • Regular communication with investors and prompt responses to investor queries
  • Administration of distributions from the fund in accordance with board instructions

Compliance and Corporate Services

  • Ensuring compliance with investment policies and restrictions
  • Ensuring compliance with legislation and other regulatory requirements
  • Regular communication of updates and requirements, and ensuring these are implemented
  • Review and assistance in the preparation of terms of business, resolutions, agreements, corporate documents and compliance reporting
  • Maintenance of corporate records including minutes book, convene and coordinate regular and annual meetings
  • Coordination with legal counsel
  • Annual filings and reporting to regulators and stock exchanges
  • Issuing of monthly Newsletters
  • Maintenance of website and investor web registration

Fund Structuring and Formation

  • Preparation of offering document and/or prospectus
  • Submission / filing of necessary documentation
  • Liaison with lawyers, auditors, custodians and regulatory bodies
  • Setting up of bank accounts (including online banking) and internal fund processes and procedures
  • Assistance in handling formation and licensing processes
  • Provide promotion assistance and IT/web and design support services for prospectus and other documentation required

Our Values

Clients Our clients determing our being
Quality Quality Service Delivery
People Our most valuable asset


We are interested to hear from driven and passionate individuals who are team players and who share our values and vision. If you wish to be part of the team, you are invited to send a detailed CV to this address: highlighting your areas of expertise and qualifications.

Contact Us

Penrose Accounting Services SL
Edificio Golden, 1a Planta
Avda. Ricardo Soriano 72
29601 Marbella, Malaga

T: +34 951 563 986