Although many are available, what I found the best is Ascent's fund administration services. One important thing to note is, not all administrations provide you all hedge fund services, but Ascent will assure you of many hedge fund solutions. NAV calculations, portfolio accounting, income and expense calculations, and keeping various financial records are the services they provide. Also, you will be offered the anti-money laundering review (for offshore hedge funds). Ascent will help with nearly all the legwork like accounting, charging of fees, statement, etc. You can also visit their website for detailed clarification.
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Thank you for this infromation! But I don't recommend you to invest your money in hedge funds. Poor returns, Investor frustration. I prefer forex trading. - you have to work but potential profits are higher.