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Institutional-grade PE fund admin, built for the UK market

Complex waterfalls, quarterly valuations, and ILPA reporting under FCA-regulated infrastructure

FCA regulatedInternational recognitionFlexible regimeSetup: 4-5 weeks

Emerging

Best for funds under 50M

£25k+ 0.25%of fund size
Investments
Unlimited
Regulatory fees
Variable
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Mid-Market

Most popular

Best for funds 50M - 250M

£45k+ 0.12%of fund size
Investments
Unlimited
Regulatory fees
Variable
Get started

Institutional

Best for funds over 250M

£60k+ 0.08%of fund size
Investments
Unlimited
Regulatory fees
Variable
Get started

There is no setup cost. Annualized cost is based on the ongoing fund services fee over a 10-year fund lifetime.

Transparency that makes every option easy to understand

Fund admin

  • Use an Infra One entity as your fund's GP and advisorIncluded
  • Provide Infra One with your GP entity to run a self advised fundNot included

Legal fund formation

  • Use an Infra One entity as your fund's GP and advisorIncluded
  • Use custom documents drafted by your own legal counselNot included

PE-specific services

  • Complex waterfall calculations (European & American)Included
  • Quarterly fair value assessmentsIncluded
  • Subscription line facility trackingNot included
  • Clawback & escrow managementNot included
  • ILPA-standard LP reportingIncluded
  • Co-investment vehicle administrationNot included

Fund administration

  • Fund bank account setup & managementIncluded
  • Portfolio & investment dashboardIncluded
  • Investor portalIncluded
  • Capital calls & drawdownsIncluded
  • Wire execution & capital trackingIncluded
  • Custody account coordinationIncluded
  • Document storageIncluded
  • Transfers & distributionsIncluded

Investor onboarding & compliance

  • Digital LP onboardingIncluded
  • KYC/KYB verificationIncluded
  • AML/sanctions screeningIncluded
  • Accredited investor verificationIncluded
  • Subscription document processingIncluded
  • FATCA/CRS reportingIncluded
  • Ongoing compliance monitoringIncluded

Platform services

  • Fundraising platformNot included
  • Account managementNot included
  • Fund filingsIncluded
  • Investor closingIncluded
  • Transaction review & executionIncluded
  • Valuation supportIncluded
  • Invoicing & expense managementIncluded
  • Fund payroll coordinationNot included
  • Fund tax servicesIncluded
  • Unaudited financial statements–
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Built on a foundation of expertise and seamless execution

  • Launch in weeks, not months

    Get your fund up and running quickly with our streamlined process

  • FCA-regulated partner

    Work with a fully authorized and regulated fund administrator

  • Transparent cost structure

    No hidden fees. Clear, predictable pricing that scales with you

FCA-compliant PE fund setup and administration in the United Kingdom. End-to-end and fully supported.

The suite of Infra One's tools are designed to save you time and help you focus on growing your investments, not on completing administrative tasks.

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Chosen by leading funds and institutions

  • I launched my first two funds on AngelList. Infra One is what I wished existed back then — a truly global service with real ambition to handle formation and admin across jurisdictions, not just US-only.

    Andreas KlingerGP, Prototype Capital
  • From entity formation to LP onboarding to quarterly reporting, Infra One handled it all so I could focus on deploying capital. What would have taken months with lawyers and accountants was done in weeks.

    Nicola SinclairGP, Twin Track Ventures
  • Compliance, tax filings, investor reporting — the stuff that buries first-time managers is exactly what Infra One takes off your plate. We launched with proper infrastructure from day one.

    Simon LancasterGP, Omni Ventures

Running a fund under the FCA? (Or just let us handle it!)

AIFM tiers, carried interest changes, and what RVECA actually gets you.

Common questions, clear answers

  • Infra One supports UK PE funds structured as Private Fund Limited Partnerships (PFLPs) and English Limited Partnerships. The platform handles complex waterfall calculations (European and American), quarterly fair value assessments, ILPA-standard reporting, and full FCA-compliant administration.

  • In a European (whole-fund) waterfall, carried interest is only distributed after all invested capital and the preferred return have been returned to LPs across the entire fund. Infra One tracks aggregate fund performance, calculates the preferred return hurdle, models the GP catch-up, and computes carried interest — with full audit trails.

  • Yes — the platform produces quarterly fair value assessments using IPEV-compliant methodologies. Valuations are tracked over time with full version history, supporting audit requirements and LP reporting obligations.

  • No — Infra One charges zero setup and legal fees. The annual platform fee covers fund formation, complex waterfall calculations, quarterly valuations, ILPA reporting, investor onboarding, and ongoing compliance.

  • Yes. Infra One arranges service AIFM access for UK PE fund managers who prefer not to seek their own FCA authorisation. The service AIFM holds the regulatory permissions while you retain investment decision-making authority.

  • The platform automates distribution calculations based on LPA waterfall terms, tracks carry distributions, monitors clawback exposure, and manages escrow accounts. All distributions are documented with detailed calculation breakdowns for LP transparency.

Take the next step toward seamless fund management