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
01 What we handle
Administration built for private equity funds
Capital call and drawdown administration — calculating each LP’s share against commitment, issuing notices, tracking receipts and remaining commitment.
Distribution waterfall calculations — return of capital, preferred return, GP catch-up and carried interest, applied consistently and defensibly.
Quarterly NAV and capital account statements at both fund and investor level.
LP reporting built around the metrics PE investors track — IRR, MOIC, DPI, RVPI and TVPI — aligned to ILPA reporting standards where required.
Support for the valuation of unlisted portfolio companies, with documentation your auditors will expect.
02 Why it matters
Capital calls and distributions
NAV calculation
Financial statements and reporting
Why it matters
An independent administrator applying your documents consistently — and able to show its working — removes operational risk for managers and investors alike.
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Who we administer
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