Close into the portfolio, take founder updates through a portal, mark positions each quarter and report to LPs — without rebuilding the same company in four spreadsheets.
A won deal carries its documents and terms into the portfolio record, so ownership and cost basis start correct — in the main fund or the SPV that holds it.
A deterministic valuation engine documents the approach and inputs behind every mark before it reaches the GL; AI extracts inputs, never the math.
Capital accounts, statements and K-1s in the LP portal are drawn from the same ledger as your internal reports and performance figures.
The close creates the position; founders report into it, the mark posts from it and the LP statement reads it.
The round closes into the portfolio record with documents, ownership and cost basis; the investment posts to the GL.
Deals & Fund Management →Portfolio companies submit financials, KPIs and milestones through their own portal.
Deals & Fund Management →Last round, calibrated or OPM — documented inputs and ASC 820 level; the approved mark posts.
Valuations →TVPI, DPI, RVPI, IRR and PME from the same NAV the statements use.
Fund Management & ERP →Statements, letters and K-1 feeds from the ledger; the LP portal reads the same entries.
LP Relations & Portal →The schedule of investments, capital accounts and performance for the fund and each SPV come from one ledger.
Every position with cost, fair value and vehicle.
Per LP, per period, for the fund and each SPV.
TVPI, DPI, RVPI, IRR and J-curve from ledger NAV.
Founder-reported KPIs beside the position they describe.
Approach, inputs and level attached to the mark.
On Privatis the close creates the portfolio record, founders report into it, the mark posts from it, and the LP statement reads it.
The fund, its SPVs and every portfolio position on one ledger, with performance computed from it.
Cost basis and marks that post once and roll into NAV without a re-key.
Founder updates in a portal, in context, instead of in an inbox.
LP statements and a portal that agree with the internal book.
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.
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.
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.
Bring one fund's real figures — we'll follow a position from close to mark to LP statement, live.