Investor Reporting

Fund admin that
ships on time.

The quarterly reports that take your back office two weeks. The K-1s that are always late. The capital call notices copied from last quarter. Enter your fund data once and get all 10 documents back in ILPA format with the right numbers.

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Free demo. All 10 documents for one reporting period.

Late K-1s cost $260 per partner per month

A fund with 50 LPs that misses the March 15 deadline by two months owes $26,000 in penalties alone. Wrong withholding rates mean IRS correction notices to your investors. A quarterly report that doesn't match ILPA format means your institutional LPs ask questions you have to answer manually. The numbers in these documents have to be right, and they have to be on time.

Ten documents, each one expanded

LP Quarterly Report

ILPA format
Fund overview and strategy
Financial summary (NAV, contributions, distributions)
Performance metrics: IRR, TVPI, DPI, RVPI
Portfolio company detail by investment
Cash flow summary for the period
Fee and expense disclosure
GP commitment tracking
ASC 820 fair value hierarchy (Level 1/2/3)

Capital Call Notice

10-day minimum notice
Per-investor amounts with pro rata calculations
Due date with minimum 10 business days notice
Business day calculations excluding federal holidays
Wire instructions and payment details
Purpose of the call (investment, expenses, reserves)
Overcall protection provisions
Default penalties: grace period, default interest
Forced sale of interest and commitment reduction

Distribution Notice

6 withholding rates

Waterfall breakdown per the operating agreement, with tax withholding calculated by investor type:

30%
Foreign NRA / entity
15%
FIRPTA (Section 1445)
10%
Partnership transfer (1446(f))
24%
Backup withholding
7%
California state
10.9%
New York state

K-1 Summary Report

23 boxes
Box 1: Ordinary business income/loss
Box 2: Net rental real estate income
Box 3: Other net rental income
Box 4a: Guaranteed payments (services)
Box 4b: Guaranteed payments (capital)
Box 5: Interest income
Box 6a: Ordinary dividends
Box 6b: Qualified dividends
Box 7: Royalties
Box 8: Net short-term capital gain/loss
Box 9a: Net long-term capital gain/loss
Box 9b: Collectibles (28%) gain
Box 9c: Unrecaptured Section 1250 gain
Box 10: Net Section 1231 gain/loss
Box 11: Other income/loss
Box 12: Section 179 deduction (Code A)
Box 13: Other deductions (Codes A-W)
Box 14: Self-employment earnings
Box 15: Credits
Box 16: Foreign transactions
Box 17: AMT items (Codes A-F)
Box 18: Tax-exempt income
Box 19: Distributions
Box 20: QBI / Section 199A (Code Z)
Box 21: Foreign taxes paid/accrued

$260 per partner per month penalty for late filing. March 15 deadline for partnerships.

Annual Report

16 sections
Balance sheet
Statement of operations
Statement of cash flows
Schedule of investments
ASC 820 fair value hierarchy (Level 1/2/3)
Performance summary with attribution
Management discussion and analysis
Risk factors and market conditions

Form ADV Part 2A Summary

SEC

All 18 SEC-required items in plain language. Must be delivered within 120 days of fiscal year end.

Advisory business description
Fees and compensation
Performance-based fees and side-by-side
Types of clients
Methods of analysis and strategies
Disciplinary information
Other financial industry activities
Code of ethics and personal trading
Brokerage practices
Review of accounts
Client referrals and compensation
Custody practices
Investment discretion
Voting client securities (proxy)
Financial information and balance sheet
Marketing Rule compliance

Capital Account Statement

Per investor
Opening balance and commitment
Capital contributions (called and uncalled)
Distributions received (return of capital vs. gain)
Allocation of income, gain, loss, deduction
Management fee and expense allocation
Carried interest accrual
Ending balance and NAV per unit
Section 704(b) and tax capital reconciliation

Valuation Report

ASC 820 / IPEV
ASC 820 fair value hierarchy (Level 1/2/3)
IPEV valuation methodology per investment
Comparable company and transaction analysis
Discounted cash flow inputs and assumptions
Liquidation preference and waterfall impact
Calibration to most recent transaction
Key assumption sensitivity analysis
Valuation committee process and governance

Audited Financial Statements

Rule 206(4)-2
Statement of assets and liabilities
Statement of operations
Statement of changes in partners' capital
Statement of cash flows
Schedule of investments (ASC 946)
Financial highlights per unit
Notes to financial statements
PCAOB audit standards compliance

Side Letter Summary

MFN tracking
Fee concessions and management fee waivers
Co-investment rights and allocation priority
Reporting and transparency requirements
Transfer and redemption preferences
Key person and no-fault divorce provisions
Most Favored Nation (MFN) election tracking
Excuse and exclusion rights
Confidentiality and FOIA carveouts

Your firm details (wire instructions, bank info) are pulled from your organization profile and filled in automatically. You can update them anytime in Settings.

Deadlines the system tracks

Miss one and you pay a penalty or lose LP trust.

K-1 Summaries

March 15

$260/partner/month late penalty

LP Quarterly Reports

45-60 days after quarter end

Industry standard, LP expectation

Form ADV Annual Update

90 days after fiscal year end

SEC enforcement action for non-filing

Form ADV Delivery

120 days after fiscal year end

Must be delivered to all advisory clients

Form PF (Large Advisors)

60 days after quarter end

$150M annual filers, $1.5B quarterly

Form PF Current Events

72 hours after trigger

Extraordinary investment losses, large redemptions

Capital Call Notices

10+ business days before due

Invalid call if notice period not met

Distribution Notices

With or before payment

Withholding errors create LP tax issues

What you provide, what you get back

Every field you enter and every report that comes out.

You provide

Jurisdiction

  • Country (US, UK, Canada, Australia, UAE, Singapore, EU, China, Hong Kong, Japan, Cayman Islands, Israel)
  • State or province (auto-populated per country)
  • Currency (auto-set per country)

Report details (required)

  • Report name
  • Report type: LP quarterly report, capital call notice, distribution notice, K-1 summary, annual report, Form ADV summary, capital account statement, valuation report, audited financials, or side letter summary
  • Fund name

Report configuration (optional)

  • Fund type: private equity, venture capital, real estate, hedge fund, credit, or infrastructure
  • Reporting quarter (e.g., Q4 2025)
  • Period start date
  • Period end date

Fund performance (for quarterly and annual reports)

  • Net asset value (NAV)
  • Total contributions to date
  • Total distributions to date
  • Net IRR (%)
  • Multiple on invested capital (MOIC)

Event-specific fields

  • Capital call: call amount, due date, and purpose
  • Distribution: distribution amount and type (return of capital, income, or gain)
  • K-1 summary: tax year and filing deadline

Source documents you can upload

  • Fund financial statements
  • Portfolio company valuations
  • Investor capital account records
  • Prior period reports
  • K-1 allocation worksheets
  • Side letter agreements
  • Auditor reports and management letters

You get back

10 investor reporting documents

  • LP Quarterly Report — ILPA-compliant format with fund summary, portfolio overview, performance metrics (IRR, MOIC, DPI, RVPI, TVPI), capital account activity, and manager commentary
  • Capital Call Notice — 10-day notice with call amount per LP, purpose breakdown, pro rata calculations, wire instructions, default provisions, and cumulative funding summary
  • Distribution Notice — Per-LP distribution amounts with withholding calculations (6 tax treaty rates), waterfall tier attribution, return characterization (ROC vs. income vs. gain), and cumulative distribution tracking
  • K-1 Summary Report — All 23 IRS K-1 boxes: ordinary income (Box 1), rental income (Box 2), other income (Box 3), guaranteed payments (Box 4), interest (Box 5), dividends (Box 6a/6b), royalties (Box 7), net short/long-term capital gain (Box 8/9a/9b/9c), Section 1231 gain (Box 10), other deductions (Box 13), self-employment (Box 14), credits (Box 15), foreign transactions (Box 16), AMT items (Box 17), tax-exempt income (Box 18), distributions (Box 19), and other information (Box 20)
  • Annual Report — 16 sections: fund overview, investment strategy, portfolio summary, financial highlights, performance attribution, risk analysis, fee disclosure, capital account summary, regulatory updates, market outlook, ESG reporting, operational review, valuation methodology, co-investment activity, key personnel changes, and forward-looking statements
  • Form ADV Part 2A Summary — All 18 SEC-required items: cover page, material changes, advisory business description, fees and compensation, performance-based fees, types of clients, methods of analysis, disciplinary information, other financial activities, code of ethics, brokerage practices, review of accounts, client referrals, custody, investment discretion, voting client securities, financial information, and requirements for state-registered advisers
  • Capital Account Statement — Per-investor statement with beginning balance, contributions, allocations (income, gain, loss), distributions, management fee and carry allocations, ending balance, and unfunded commitment remaining
  • Valuation Report — ASC 820 / IPEV-compliant methodology with Level 1/2/3 classifications, comparable analysis, DCF assumptions, discount rates, and valuation committee conclusions
  • Audited Financial Statements — Statement of assets, statement of operations, statement of changes in net assets, statement of cash flows, financial highlights, and notes to financial statements following GAAP/IFRS standards
  • Side Letter Summary — Consolidated view of all LP-specific terms: fee discounts, co-investment rights, reporting frequency, MFN rights, excuse/exclusion provisions, transfer restrictions, and advisory committee seats

Every report includes compliance checks: ILPA reporting standards, IRS K-1 filing deadlines and penalties ($260/partner/month), SEC Form ADV annual amendment requirements, GAAP/IFRS presentation standards, and jurisdiction-specific regulatory disclosure requirements.

See the full compliance package.

Enter sample fund data, get all 10 documents back. If the output is better than what your team is doing now, you'll know immediately.

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