Hedge funds
Open-end funds with NAV and dealing dates
Subscriptions and redemptions happen on dealing dates at a computed net asset value per unit. The ledger tracks units, series and high-water marks.
What gets in the way today
NAV is a manual cycle
Assets, liabilities, accrued fees and class allocations assembled each dealing date are slow and hard to audit.
Performance fees need history
High-water marks and crystallization depend on records that are easy to lose.
Redemptions need discipline
Payout timing, holdbacks and lot consumption should follow rules, not memory.
Features that apply
Fund accounting
NAV runs per dealing date, series accounting, unit lots and redemptions at dealing NAV.
Onboarding
Subscriptions in advance held as a liability until the dealing date.
Investor portal
Unit balances and NAV history for each investor.
Security
Maker-checker approvals and an audit log for auditors.
Vocabulary defaults
Investors see your terms, not ours. Defaults are editable per fund.
- Structure
- Open-end NAV fund, units
- Terms
- Shareholders, Shares, Investment Manager, Articles, or Limited Partners, Interests, General Partner, LPA
See it with your own fund structure
Book a walkthrough, or start a trial and explore a workspace yourself.