Fund admin · Fund · Once per fund
Take over a fund from its old administrator
Your fund moves from its previous administrator to Infra One with books that tie to its last statements, and its first quarter close runs on Infra One.
PlanTake over a fund from its old administrator
Share the old administrator’s folder
HeldYou share the previous administrator’s folder with Infra One’s handover address.
PersonGP approvesRead every file and ask for the rest
HeldReads every file in the folder. Operator then emails the old administrator a list of what’s missing, once a fund admin approves it.
OperatorFund admin confirmsCheck what has arrived
HeldChecks the folder against the handover checklist, and holds until every item the import needs is there.
API actionWaits 10 business daysAdd an import for their format
HeldWhen the old administrator’s export format is new, Infra One builds an import for it, and the handover waits for it to ship.
BuildGenerate the import files
HeldPicks the general ledger files and generates the import files. Operator answers the migration’s open questions, and a fund admin takes over any it can’t.
API actionFund admin confirmsRehearse and explain the differences
HeldRehearses the import, then Operator explains each difference from the last statements and proposes corrections.
OperatorFund admin confirmsSign off the rehearsal
HeldThe accountant signs off the chart of accounts, then the rehearsal.
API actionAccountant approvesImport and reconcile the books
HeldImports the files into the fund’s books and reconciles them to the old administrator’s last statements.
API actionFund admin confirmsRun the first quarter close
HeldYou confirm each LP’s opening capital account, then the first quarter-end close runs on Infra One.
PlanGP approves
The plan as it runs: each step waits for the one before it, and stops at its gate until the owner approves.
At a glance
Who runs it, and when
- Who runs it
- Fund admin
- What starts it
- You sign for fund administration and share your previous administrator’s files.
- How often
- Once per fund
- Vehicle
- Fund
Ask Operator
Start it in a sentence
Ask Operator in chat. It drafts the plan for your fund, and nothing runs until you release it.
- You
Start the handover of Fund I from their old administrator.
- You
Migrate the client’s books from the previous administrator.
- You
Take over Fund II from the Drive folder they shared.
The outcome
Your books are imported and tie to the old administrator’s last statements, you have confirmed every opening capital account, and the first quarter close has run on Infra One.
What it proves
- Reads the old administrator’s whole folder and asks for what’s missing.
- Holds until the missing files arrive, then picks up where it left off.
- Builds an import for a new export format when it meets one, and waits for it to ship.
- Hands the questions Operator can’t answer to a fund admin.
- Explains every difference in the rehearsal before anything is imported.
- Runs the first quarter-end close once you confirm the opening balances.