Solutions
Private equity fund
Invests in private companies, typically taking substantial ownership stakes.
No credit card. Nothing is charged until your first 30 days are over.
What this kind of fund is
A fund whose assets are valued rather than quoted, where the administration question is how to hold a defensible NAV between events and report it consistently to investors.
What the administration actually involves
Read the boundary first, because it decides whether the rest of this page is relevant to you. FundFlow is unit and NAV accounting. It does not administer commitments, capital calls, drawdown schedules or distribution waterfalls, and it does not track portfolio companies. If your investors hold commitments that you draw down over time, which is the shape of most closed-end private equity, this is not the right tool yet.
If your investors hold units in a pool, it fits directly. Month-end asset values are inputs you provide, and everything downstream is derived from them in exact decimal arithmetic: NAV, per-series koers, management fees, performance fees above each holder's mark, and every investor's value. Investor statements are composed from blocks, personalised per recipient, sent with a PDF attached and tracked per delivery.
What makes it hard
A NAV that has to hold between events
Assets that are valued rather than quoted mean the reported figure sits still for months and then moves sharply. What matters is that the periods in between were computed consistently from a stated input.
Carry arithmetic done once per fund
A performance fee computed on the fund's aggregate gain rather than per holder above their own mark is wrong for every investor who did not join on day one.
Statements assembled by mail merge
Personalising investor reporting from a template and a spreadsheet is slow, and the failure mode is sending one investor another investor's figures.
How FundFlow fits
A valuation you enter and can defend
Month-end asset values are inputs you provide. Everything downstream (NAV, per-series koers, fees, each investor's value) is derived from them in exact decimal arithmetic.
Fees and carry above a high-water mark
Management fees per series, and performance fees charged only above each holder's mark after the management fee.
Investor statements without a mail merge
Personalised per investor, with a PDF attached, sent from the app and tracked per delivery.
Where FundFlow stops
Be aware of the shape this assumes: FundFlow is a unit and NAV accounting system. It does not administer commitments, capital calls, drawdown schedules or distribution waterfalls, and it does not track portfolio companies. If your investors hold commitments rather than units, this is not yet the right tool.
Questions managers ask
Do you support capital calls and commitments?
No. There are no commitments, capital calls, drawdown schedules or distribution waterfalls, and no portfolio-company tracking. If your investors hold commitments rather than units, FundFlow does not administer that side of your fund. This is worth establishing before you spend time on a trial.
How do valuations enter the calculation?
As inputs. You enter the month-end value of each asset or account, and the engine computes NAV, the koers per series, the fees and each holder's value from those figures. Change an input afterwards and the period is marked as needing recomputation rather than showing a stale result.
Read how these parts work
The parts of FundFlow this kind of fund leans on most.
Other kinds of fund
Check the shape fits before you check anything else
If your investors hold units, set up a fund and close a month against your own figures. If they hold commitments, the boundary above is the answer and a trial will not change it.
In your first session
- Confirm your investors hold units rather than commitments, because that decides everything else.
- Create the fund, set the series fee terms, and anchor an opening position with each holder's units and mark.
- Enter the month-end asset values, close the month, and compare the NAV and every carry figure to your own.
No credit card. Nothing is charged until your first 30 days are over.