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The middle office and the LP-facing half of the fund, on one set of records. Companies, investments and cash movements are modelled as distinct records rather than derived from a sheet — which is what makes an LP portal something other than a PDF archive.
Dear Meera,
Fund III has now called 62.0%ledger of its commitments. This notice is call 3 of 6: 12.5%capital account of Orbit Pension’s commitment.
Nuva Tech reached term sheet on 16 Sep after a 4 of 5committee IC vote.
Portfolio companies, investments and cash transactions are separate records. Ownership, rounds and cash movements are properly modelled, so dilution is computed rather than re-typed.
A visual map of the relationships across the portfolio — who is connected to whom, and through what.
Tracked company milestones with current values. This is also the one place the assistant may propose a change to data — and even there it only proposes; a person approves.
An import wizard that takes a spreadsheet, maps the columns, validates, and processes in the background with live status. Large imports run overnight on their own.
A jurisdiction-templated register — Delaware and Cayman today — built from the same holder and transfer records the cap table already tracks, exportable as a PDF. Generating one produces a new, frozen, versioned snapshot; it is never edited in place, so a register once shown to an auditor or a holder cannot move under them.
The same correction, made the week after the letter went out. One letter was printed from the ledger. The other one reads from it.
The sweep reads the same records the letter reads. What it finds goes to a person, with the row it read, and the decision stays with them.
No update or meeting logged on the deal.
September MIS, typed by Nivya Sharma.
The reminder passed with no reply logged.
Sector and stage, against the fund’s own thresholds.
Limited partners log in to a dashboard, their capital account, their documents and their quarterly reports, instead of waiting on an emailed PDF.
Quarterly reports drafted from live portfolio data, with your own templates and branding, and every figure traceable to the transaction that produced it.
A document vault scoped to limited-partner access, so what an LP can open is a permission rather than a mailing list.
Risk alerts across the portfolio, refreshed weekly or the moment you ask — concentration, runway and the drift nobody is looking at, surfaced without a human reading every update.
Saved portfolio analysis you can browse over time, so a view of the book has a history rather than being regenerated from scratch.
Aggregated performance across the portfolio, built on the structured figures founders submit rather than on numbers pulled out of decks.
Each lot is tested against the holding-period, entity, gross-asset, active-business and redemption rules, and a daily clock re-runs the tests as holding-period milestones arrive, raising an alert when a lot’s status changes. The worksheet and attestation letter export for your tax adviser; they inform the return, they are not tax advice.
Plan a rollover before the sale closes. The 60-day replacement window is counted from the sale date, with the days left shown against each sale, and the deferred gain carries into the replacement stock’s basis.
Every grant that needs an 83(b) gets its 30-day deadline tracked with reminders before it, an alert if it is missed, a drafted election statement, and a private link for the holder to upload proof of filing.
Simulate every company’s next rounds 10,000 times, with stage odds optionally correlated through market and sector factors, and read the reserve need at P10, median and P90 against dry powder: the chance of a shortfall, a quarter-by-quarter call timeline, and TVPI, DPI and IRR ranges. Runs are saved, so assumptions can be compared over time.
A report is a view over the ledger, not a copy of it. That is only possible because the transaction, the mark, the capital account and the LP are the same records the fund runs on — so a correction made in one place is a correction everywhere, including in a letter that was sent last week.
A live letter means an LP can see a number change after the send. That is the point, and it is also a change in how a fund communicates — if you need a figure frozen at a date, freeze it deliberately rather than assuming the PDF did it for you.
Forty minutes, a workspace shaped like your fund, and no deck. If it does not replace something you already pay for, we will say so and end early.