A unified software platform for private capital. Private equity and venture firms use a single system to run deal sourcing, fund accounting, valuations, investor reporting, compliance and tax, in place of the separate point tools most firms operate today.
Capital calls, distributions, fees, waterfalls and NAV are computed from an immutable ledger and approved marks — for the main fund, parallel funds and SPVs, with master–feeder consolidation and FX on the same books.
Twelve automated checks tie the trial balance, the NAV bridge and capital activity within $1.00, so the ILPA capital account statement is a function of the ledger, not a spreadsheet assembly.
The auditor portal builds its PBC list from the GL, and Form PF, ADV and AIFMD workpapers pre-fill from live holdings and capital — a review of numbers you already trust.
On Privatis each of those is a view of one ledger. A figure posts once and every output — statement, portal, board pack, audit file, regulatory filing — reads it.
Statements, packs and filings for the main fund, its parallel vehicles and SPVs all read the same consolidated ledger.
Per LP, per period, with side-letter and MFN terms applied.
Statement of assets & liabilities, operations, cash flows and the schedule of investments.
Fund and portfolio figures with drill-down from any number to its journal entry.
IRR, TVPI, DPI, RVPI and PME from the same NAV the LP portal shows.
Tax character on ledger lines, §704(b) book–tax, withholding.
Form PF, ADV, AIFMD Annex IV, BEA, FATCA/CRS — pre-filled from the ledger.
One number for NAV, carry and capital across every vehicle — and a period lock that makes it final.
A close checklist with maker–checker approvals, twelve reconciliation checks and an immutable audit chain.
Calls, distributions, fees and marks that post through one guarded service — no re-keying into the admin.
Statements and letters that match the portal because they are the same entries.
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.
Deterministic tri-approach engine — no LLM touches the math — with AI extracting inputs and marks posting straight to the GL.
ILPA-standard reporting and portfolio intelligence, with drill-down from any board-pack figure to the journal entries behind it.
Onboarding as one state machine — invite, NDA, KYC, subscription — plus side letters, MFN, and equalization as enforceable records.
Sourcing → diligence → IC → close → monitor → exit in one system, with a CRM where the pipeline and the capital accounts are the same database.
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.