International Conference on Opportunities for Alternate Investment Funds at the GIFT International Centre, GIFT City, Gandhinagar, Gujarat.

Our Managing Director CA A.V. Seshadrinathan was recently at the launch of Basiz brand in GIFT CITY, Gandhinagar, Gujarat, Ahmedabad. Given that the new IFSC AIF rules (resulting in creation of an International fund domicile) is in place now, we are looking to administer IFSC AIF funds domiciled in GIFT CITY.

Sesh was also on the panel and later felicitated for the discussion on “Opportunities for Alternate Investment Funds(AIFs) in GIFT International Financial Services Centre” on 7th Dec, 2018.

Basiz Fund Services has successfully completed the SSAE 18 certification

Basiz Fund Services has successfully completed the SSAE 18 certification and has been certified as an SSAE 18 (Statement on Standards for Attestation Engagements No. 18) organization. This certification validates the strength, reliability & scalability of the controls and controls systems and its application in conformity with globally accepted assertions.

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Magneta Event

Magneta, an annual event being hosted by Basiz, was attended by over 100 fund managers and financial services industry professionals from India and abroad. There were intense discussions on contemporary topics such as “ Will we see a Robo I banker any time soon?”, “Blockchain – Filling up the gaps in AIF accounting” and “Socially Responsible Investing”. Some of the panelists and speakers included Mr. A.V. Seshadrinathan, MD, Basiz, Mr. Bharat Banka, Founder, Fideliment Ventures, Mr. John Band, Vice Chairman, B&K Securities, Mr. Sudhir Variyar, Managing Director, Multiples PE, Dr. Viswanath Krishnan, Director, Basiz, Ms. Sujata Sesh, VP-Process & Quality, Basiz.

Annual Limited Partners Meet

On February 9th our MD Sesh had the wonderful opportunity for a one on one meet with Mr. Ratan Tata, Chairman Emeritius Tata Group. The event was the annual partners meet of Kalaari Partners at The Marriot Bengaluru. The event was well attended by the doyens of the business world and technology companies. Mr.Tata spent most of the day with the participants on mentoring entrepreneurs for managing and growing their companies.

Basiz Fund services gives exit to Kalaari Capital through promoter buyback

Specialised fund accounting service provider Basiz Fund services has given an exit to venture capital investor Kalaari Capital through a promoter buyback.The investment, which was made from Kalaari’s first fund Indo US Venture Capital, saw the technology and consumer-internet focused fund invest about Rs 13 crore in Basiz Fund Services for a 65% stake in 2008. The fund was rebranded as Kalaari Capital in 2012.

Announcing certification - SSAE16 & ISAE3402

Basiz takes pride in announcing our SOC1 certification under SSAE16 & ISAE3402. Congrats to all the teams and vertical heads. It was an organization wide effort, ably supported by our auditors at Grant Thronton. Comes with a Basiz guarantee to maintain the exact same standards of quality and deliveries, always and forever. Our Financial Statements, NAV, Private Equity and Tax teams, have individually designed and implemented processes and controls, that have been thoroughly evaluated and certified. The reports are available for customer perusals, with the respective vertical heads

Basiz Portfolio Accounting for Small & Medium Funds (SMFs) starting at USD 799* per month

Basiz Fund Services announces the launch of Portfolio Accounting Service for Small & Medium Funds (SMFs), a new addition to our menu of Fund Accounting Services. The new service is specifically designed to service the small and medium alternate funds where low volumes cause a significant burden on the cost of Accounting. Basiz's Portfolio accounting service for SMFs, is a focused solution for funds burdened with high overhead expenses, offering a major Cost benefit advantage.

News

Understanding the Tax obligations for Fund domiciled outside the US- This article is published in HFM Week special reports in Singapore.

Annual Limited Partners Meet

On February 9th our MD Sesh had the wonderful opportunity for a one on one meet with Mr. Ratan Tata, Chairman Emeritius Tata Group. The event was the annual partners meet of Kalaari Partners at The Marriot Bangaluru. The event was well attended by the doyens of the business world and technology companies. Mr Tata spent most of the day wth the participants on mentoring entrepreneurs for managing and growing their companies.