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Fund admin · Fund · Per new LP

Check subscriptions before countersign

Each subscription is checked against its invitation the moment the LP signs, so you only countersign clean files and defective ones go back with exactly what to fix.

PlanCheck subscriptions before countersign

  1. Wait for each signature

    Held

    Watches every invitation at the subscription stage, and reads the signed documents the moment each LP signs.

    API actionper LPWaits until the LP signs

  2. Check the subscription

    Held

    Operator checks the amount, legal name, signatories, investor classification, accreditation and tax form against the invitation and the KYC file.

    Operatorper LP

  3. Pass or fail the file

    Held

    The fund admin reviews the check and passes or fails the file. An unreadable scan comes to them to check by hand.

    Personper LPFund admin approves

  4. Send back what to fix

    Held

    For a failed file, sends the LP one email naming each defect. A clean file skips this step.

    API actionper LPFund admin confirms

  5. Countersign the clean file

    Held

    You countersign each clean subscription in the app, and the investment is fully executed.

    Personper LPGP 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
An LP signs their subscription.
How often
Per new LP
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

    Check every Fund II subscription as it comes in signed.

  • You

    QC the subscriptions before I countersign.

  • You

    Watch the signing queue and flag anything wrong.

The outcome

Every signed subscription was checked, clean ones reached your countersignature and were executed, and each defective one went back to its LP with what to fix.

What it proves

  • Starts each LP’s check the moment that LP signs, with no one watching the queue.
  • Checks every subscription against its invitation, classification and KYC file.
  • Retries a check that couldn’t read a document, and hands an unreadable scan to the fund admin.
  • Emails an LP nothing until the fund admin has approved the corrections.
  • Leaves the pass or fail and the countersignature to people.

Run it on your fund

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

Talk to a human