Solutions
Real estate fund
Pools capital to invest in property or property-related assets.
No credit card. Nothing is charged until your first 30 days are over.
What this kind of fund is
Illiquid assets revalued periodically, often with rental income and costs flowing monthly, and investors holding units in the pool rather than in individual buildings.
What the administration actually involves
A property fund has two rhythms that rarely line up. Rent and costs move every month, and valuations arrive once a year or when something is sold. The administration has to accommodate both without letting the annual revaluation swamp the monthly record or the monthly bookkeeping obscure what the revaluation did.
Both go into the same calculation from different doors. Rent, costs and fees are booked against the month being closed. A new asset value is entered when a valuation lands. The engine computes the month's NAV, the koers per series and each investor's value from whatever inputs are current. Investors hold units at a price rather than percentages of the pool, so a new subscription dilutes correctly without anybody recalculating a column.
What makes it hard
A revaluation that has to be spread
Booking a year's uplift into one month is correct and looks alarming. What the investor needs is the month it belongs to plus a return since inception that puts it in context, from the same record.
Percentage ownership that breaks on subscription
New money into a property fund changes everybody's percentage. Recalculating that column by hand is the single most common source of wrong investor statements.
Monthly bookkeeping detached from the fund figures
Rent and cost ledgers kept separately from the investor administration mean two records and a reconciliation that only happens at year-end.
How FundFlow fits
Monthly income and costs, annual revaluation
Book rent, costs and fees against the month; enter a new asset value when a valuation lands. Both feed the same NAV calculation.
Units, not percentages
Investors hold units at a koers, so a new subscription dilutes correctly without anyone recalculating a column of percentages.
Statements per investor with the working shown
Value, return this period and since inception, fees paid, and the ability to tap any of those figures for its formula.
Where FundFlow stops
FundFlow values the fund, not the buildings. Individual properties, tenancies and mortgages are not tracked: you enter asset values and cash flows, and the engine does the fund accounting.
Questions managers ask
Does FundFlow track individual properties and tenancies?
No. It values the fund, not the buildings. Individual properties, tenancies and mortgages are not tracked. You enter asset values and cash flows, and it does the fund accounting: NAV, koers, fees, each investor's value and the reporting.
How do we handle an annual revaluation?
Enter the new asset value in the month the valuation applies to. The engine recomputes that month's NAV and koers from it, and every holder's value follows. If you change the input after computing, the period is flagged as needing recomputation rather than showing the previous answer.
Read how these parts work
The parts of FundFlow this kind of fund leans on most.
Other kinds of fund
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Privately pooled capital using broader, often more complex investment strategies.
How FundFlow fitsPrivate equity fund
Invests in private companies, typically taking substantial ownership stakes.
How FundFlow fitsVenture capital fund
Invests primarily in startups and high-growth companies.
How FundFlow fits
Run a month of rent and a revaluation through it
Book a real month of rent and costs, enter your latest valuation, and close. Then check the koers and each investor's value against your own figures.
In your first session
- Create the fund, register the accounts, and define the rent and cost categories you use.
- Anchor an opening position at your last reconciled month, then book a real month of rent and costs.
- Enter your latest valuation, close the month, and compare each investor's value against your own working.
No credit card. Nothing is charged until your first 30 days are over.