Five things we build
Named for what gets built, not for the technology underneath. Each one is something a private capital team currently does by hand, or does not manage to do at all. How the work is bought — the diagnostic first, then the build, then the running of it — is set out under Method.
Book of record
One place where every position, cost and valuation agrees.
Statements, capital calls, portfolio reporting and CRM records rarely share a definition. We build the ingestion and the model underneath them so a figure means the same thing in every report it appears in — and so that when two sources disagree, the disagreement is visible rather than silently resolved by whoever is holding the spreadsheet.
- Ingestion from custodians, administrators and portfolio systems
- A data model shaped around how you actually invest
- Reconciliation where sources disagree, with the lineage kept
- Governed access, by role and by entity
Document intelligence
The paper you already receive, read at volume.
Private capital arrives as documents: PDFs from an administrator, a scan from a custodian, a side letter negotiated three years ago. Extraction at volume turns that into structured rows with the source page attached, so a number can always be traced back to the sentence it came from.
- Capital calls and distribution notices, read and posted
- Quarterly reports and capital accounts, parsed at volume
- Side letters and fee terms, extracted and set side by side
- Scanned statements turned into rows you can query
Reporting & reconciliation
Packs assembled from source, not retyped from last quarter.
The reporting cycle is where the cost of a weak foundation actually lands — a week of collation, then a week of checking the collation. When the book of record holds, the pack is a query rather than a project, and every figure in it can be defended line by line.
- LP, family and board reporting packs
- Look-through exposure across funds, directs and real assets
- Valuation lineage you can defend to a board or an auditor
- Fee, carry and cost calculations that reconcile to the statement
Research & drafting
Assistance where the reading actually happens.
Most of the reading in an investment firm is structured enough to assist and far too important to automate blindly. We build the assistive layer where the work already happens, so nobody has to remember to open a new tool, and every draft carries the provenance of what it was drawn from.
- Investment memos drafted from the data room
- Inbound decks triaged, summarised and routed to the right desk
- Manager and counterparty diligence gathered in one place
- An answer to “what is our position on this”, with the source attached
Monitoring & alerting
It raises its hand, rather than filing a report nobody reads.
Monitoring fails when it produces another document to review. What a small team needs is the exception: the covenant that moved, the notice that has not arrived, the figure that disagrees with the figure beside it — surfaced to a person, early enough to act on.
- Covenant, NAV and drawdown thresholds watched continuously
- Filings and news tracked against the watchlist, not the whole market
- Capital call dates and reporting deadlines surfaced before they bite
- Anomalies raised for a person to look at, not filed in a report
Most firms need two of these before they need the other three, and which two is not obvious from the outside — it depends on where information currently enters and who rekeys it. That is what the diagnostic establishes, in two weeks, at a fixed price.
How an engagement runs