TrussEdge has launched a new partnership accounting feature, expanding its Safari platform to offer fully integrated investor-level tax and reporting capabilities tailored for hedge funds operating onshore partnership structures.
The tool is designed to meet the complex reporting demands of US and international fund managers, delivering granular investor-by-investor visibility into P&L and tax classifications. TrussEdge says the system eliminates the need for separate accounting solutions, streamlining operations and reducing administrative overhead.
“This addition gives clients full transparency into partnership tax flow-throughs, enhancing efficiency for funds lacking dedicated tax reporting infrastructure,” said Dave Shastri, CEO of TrussEdge.
The new tool has already been adopted by firms including Meridian Partners LLP, with CEO Raj Shah saying that the tools automated investor statements and partnership reports have improved accuracy and reduced manual workload.
TrussEdge’s Safari system is designed to be jurisdiction-neutral and highly adaptable, with support from a team of financial tech professionals experienced in hedge fund operations.
