Investran is the long-standing institutional standard for partnership accounting, now relaunched as the FIS Private Capital Suite. Privatis offers a modern general ledger and builds the rest of the GP stack on top of it.
FIS Private Capital Suite doesn't cover 8 areas natively in its software: deal CRM & pipeline; valuation modeling that produces the mark; regulatory filings (ADV, PF, FATCA, CRS); partnership tax (1065, K-1, K-2/K-3); deal VDR & LP data rooms; issuer cap table & equity plans; private credit & covenant monitoring; AI assistant. In Privatis, all 13 post to and read from the same ledger.
| Capability | Privatis | FIS Investran |
|---|---|---|
| Deal CRM & pipeline | ||
| LP fundraising CRM & onboarding | ||
| Fund general ledger the GP runs | ||
| Waterfall, carry & management fees | ||
| Valuation modeling that produces the mark | ||
| Portfolio monitoring & KPI collection | ||
| LP portal & ILPA reporting | ||
| Regulatory filings (ADV, PF, FATCA, CRS) | ||
| Partnership tax (1065, K-1, K-2/K-3) | ||
| Deal VDR & LP data rooms | ||
| Issuer cap table & equity plans | ||
| Private credit & covenant monitoring | ||
| AI assistant |
Built for: Large GPs and third-party administrators that need a battle-tested partnership accounting engine.
2025: relaunched as the cloud-native FIS Private Capital Suite, with investor onboarding, AI-assisted monitoring and a data exchange portal.
Partnership accounting, allocations and waterfalls trusted by large firms and administrators.
Accounting-first. We found no deal CRM, valuation modeling, data rooms, K-1s or issuer cap tables.
You're a large administrator or GP whose priority is a long-established accounting engine, and you already run separate front-office and tax tools.
Every Privatis module posts to and reads from one general ledger. That's what makes these possible without an integration in between.
The LP CRM, the subscription documents and the general ledger are the same record, so nothing is re-keyed between fundraising and the books.
DCF, comps, LBO and option-pricing backsolves reconcile to one fair value. Approving it posts the journal entry that moves NAV, the Level 3 rollforward and every LP capital account.
European, American and hybrid waterfalls, with catch-up and quarterly accrual, read the same capital and the same LPA terms the fee engine uses.
The 1065, K-1s and K-2/K-3s come from the same 704(b) capital as the GAAP statements and LP capital accounts. There's no hand-off to a separate tax file.
Form ADV, Form PF, FATCA, CRS and FBAR are produced as filing-ready exports from live holdings and capital, not re-keyed into a consultant's template.
The target you diligenced becomes the portfolio company on the same record: data room, cap structure, KPIs, covenants and valuation history together.
AlphaBot works across deals, funds, credit and LP data, inside your information walls. Every change it suggests is a proposal that a person approves.
Based on FIS Private Capital Suite's public product pages, press releases and trade coverage as of October 2026. A capability counts as native when it's sold as software the GP's own team runs. Spotted something out of date? Tell us and we'll correct it. Privatis produces regulatory and tax outputs as filing-ready exports for your filer of record.
FIS Private Capital Suite and all other product names are trademarks of their respective owners, used here for identification and comparison only. Privatis is not affiliated with or endorsed by them.
Bring one fund. We'll take a deal from the pipeline to the K-1 in a single workspace, with every number tracing back to the same journal entry.