Cornerstone Fund Services
Spencer Osburn is currently working as a Manager at Cornerstone Fund Services since August 2019. Prior to this role, Spencer has held various positions at the same company, including Supervising Senior Fund Accountant, Senior Fund Accountant, and Fund Accountant. In addition, Spencer has experience as a Fund Accounting Intern at Cornerstone Fund Services and as an Intern at TrueNorth Wealth. Spencer also served as a Missionary at The Church of Jesus Christ of Latter-day Saints, where interpersonal skills and teaching were key aspects of the role. Spencer holds a Master's degree in Accounting from Southern Utah University and graduated Summa Cum Laude with a Bachelor's degree in Accounting from Brigham Young University - Idaho.
Cornerstone Fund Services
Cornerstone Fund Services specializes in providing outsourced financial, accounting, and administrative services to managers of venture capital, private equity and fund of funds. Cornerstone creates a customized set of services based on the needs of our clients. The firm’s services include: -Regular and timely financial reporting to the fund’s limited partners -Capital call preparation and management -Preparation of US GAAP fund financial statements and footnotes -Investment funding and coordination with the investment companies -Investment portfolio tracking and reporting -Fund treasury management -External Audit and tax return coordination -Investor register maintenance -Software and fund portal management -Accounting for the funds general partnership, including carried interest -Full accounting for management companies, including payroll processing