Every module writes through one posting service, so the LP portal, the board pack, the audit file and the regulatory filing read the same entries — and the close is a checklist, not a reconciliation.
On Privatis there is one posting service. Calls, marks, fees, waterfalls and NAV post through it, and every output — portal, pack, audit file, filing — reads the result.
Capital calls, distributions, waterfalls and NAV are computed from an immutable ledger and approved marks, with a close checklist, maker–checker approvals and a period lock.
ILPA packs, investor letters and statements assemble from the same ledger the LP portal reads, with drill-down from any figure to its journal entry.
Form PF, ADV and AIFMD workpapers draw from current records, with a filing calendar and a scoped portal for your auditors.
Each step posts through the same service, so the next one reads a balanced, sealed entry.
Multi-bank cash, subscription line, fees and expenses reconciled against the ledger.
Fund Management & ERP →Deterministic valuations with ASC 820 levels; approved marks post to the GL.
Valuations →Computed from ledger state; the NAV bridge documents every movement.
Fund Management & ERP →ILPA packs and capital account statements assemble; the portal reads the same entries.
Reporting & Analysis →Auditor portal with PBC from the GL; Form PF and ADV pre-filled; period locked.
Compliance →The portal, the pack, the audit file and the filing are each a view of the ledger, checked before release.
Per LP, with side-letter and MFN terms applied.
Functions of the GL, checked before release.
Drill from any figure to the entry.
Generated from the ledger, provided and tested in the portal.
Pre-filled from live holdings and capital.
One posting service and one period lock across every fund and SPV.
A close checklist with approvals, twelve reconciliation checks and an immutable chain.
Entries that post once, balanced at write, never re-keyed.
A portal and statements that always agree with the books.
Built on ASC 946 conventions — one immutable general ledger where trial balance, financial statements, and LP reporting are deterministic functions of ledger state, not spreadsheet assemblies.
Sourcing → diligence → IC → close → monitor → exit in one system, with a CRM where the pipeline and the capital accounts are the same database.
Deterministic tri-approach engine — no LLM touches the math — with AI extracting inputs and marks posting straight to the GL.
Onboarding as one state machine — invite, NDA, KYC, subscription — plus side letters, MFN, and equalization as enforceable records.
ILPA-standard reporting and portfolio intelligence, with drill-down from any board-pack figure to the journal entries behind it.
Form PF, ADV, AIFMD, BEA, and FATCA/CRS generated pre-populated from the ledger — a review, not a two-week exercise.
Bring one fund's real figures — we'll show you the same capital account in the ledger, the LP portal and the audit file, live.