◆ Fund type spoke · Private equity

Private equity fund administration, from first close to wind-down

Closed-end structures with capital commitments, drawdowns and carried interest carry real complexity in the waterfall alone. We administer that complexity with the precision LPs expect — and the transparency they increasingly require.
Structure
Closed-end
Investor activity
Commitment & drawdown
NAV frequency
Quarterly
Key metric
IRR / MOIC / DPI / TVPI
What we handle
/
[01]

Administration built for venture capital funds

01
Capital call and drawdown administration — calculating each LP's share against commitment, issuing notices, tracking receipts and remaining commitment.
02
Distribution waterfall calculations — return of capital, preferred return, GP catch-up and carried interest, applied consistently and defensibly.
03
Quarterly NAV and capital account statements at both fund and investor level.
04
LP reporting built around the metrics PE investors track — IRR, MOIC, DPI, RVPI and TVPI — aligned to ILPA reporting standards where required.
05
Support for the valuation of unlisted portfolio companies, with documentation your auditors will expect.
What we handle
/
[02]

An administrator who understands the waterfall

Carried interest calculations are deceptively complex and unforgiving. An independent administrator applying your LPA's mechanics consistently — and able to show its working — removes both the operational risk and the awkwardness of a manager calculating its own carry.

Capital calls and distributions

01

NAV calculation

02

Financial statements and reporting

03
[ 01 ]
/
WHO WE ADMINISTER

Built for alternative structures.

From first-time launches to multi-jurisdiction platforms, across the structures the region is actually raising.
[01]
/
Global expansion + CFO first

Venture Capital

Fast-scaling software companies expanding across borders, raising rounds, and outgrowing a bookkeeper long before they need a full finance team.
Explore for tech and SaaS →
[01]
/
Globalization first

Private Credit

Goods businesses carrying real tax and regulatory weight — VAT and GST, customs touchpoints, and working capital locked in inventory and receivables.
Explore for manufacturing and consumer →
View All