GP · Fund · Quarterly

Quarterly capital account statements

Every LP gets their own capital account statement, tied out to the books before it goes, through a private link.

PlanQuarterly capital account statements

0/5

Tie out the capital accounts
Held
Operator ties each LP’s capital account to the NAV, paid-in capital to the calls, and fees to the fee statement.
Operator
Clear any differences
Held
If anything doesn’t tie, the plan stops until your accountant fixes the entries, and checks again until nothing is left.
PersonAccountant approves
Build the statement layout
Held
Builds your fund’s ILPA-style statement, with its side-letter fee lines. This happens once per fund.
Build
File each statement
Held
Files each LP’s statement in their own folder in the fund’s data room.
API action
Send each LP their link
Held
Creates a private link to each LP’s statement and emails it to that LP alone, behind one approval. A statement you change comes back on its own.
API actionper LPGP approves all in one go

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

Ask Operator

Ask Operator in chat. It drafts the plan for your fund, and nothing runs until you release it.

The outcome

What it proves

Ties every capital account to the NAV, the calls and the fees before anything goes out.
Stops on a difference and carries on once your accountant has cleared it.
Builds your fund’s statement layout when it needs one.
Sends each LP only their own link, behind one approval for all of them.
Shows a junior how many are ready and sent, and you each LP’s balances.

Talk to the team about running this playbook on your own fund.