Fund Administration
Fund accounting that
proves every number to every LP
Capital accounts, waterfall calculations, NAV snapshots, and investor reports — all from one platform. Every number comes with built-in proof that it's correct, so your LPs can verify without requesting your full books.
Fund accounting is too manual
Most fund administrators run waterfall calculations in spreadsheets. Capital account statements are assembled by hand. NAV computations rely on formulas that nobody fully audits. When an LP asks how their distribution was calculated, the answer requires hours of manual reconstruction.
Axiomatic automates the entire workflow — from capital account tracking through waterfall computation to verifiable LP reporting. Every calculation is reproducible, every report proves itself, and every LP can verify their numbers independently.
From setup to LP reporting
Set up the fund
Create the fund entity with chart of accounts, waterfall structure, and investor records. Import existing capital account data or start from inception.
Record activity
Capital calls, investments, portfolio valuations, expenses, and income — all recorded with built-in validation. Bank feeds and CSV import supported.
Compute and close
Run NAV calculations, waterfall distributions, and management fee accruals. Review, approve, and close the period with a verifiable proof.
Report to LPs
Generate capital account statements and distribution notices per LP. Each report is verifiable — LPs can confirm their numbers independently.
Built for fund controllers
Capital accounts
Track commitments, contributions, distributions, and ownership percentages for every LP and GP. Full history with audit trail on every change.
Waterfall engine
Model tiered distribution logic — preferred return, catch-up, carried interest, clawback. Configure per fund with multiple waterfall structures.
NAV computation
Calculate net asset value with configurable valuation methodologies. Multi-currency support with FX rates. Generate verified NAV snapshots at any point in time.
Verifiable LP reports
Generate capital account statements, distribution notices, and NAV reports that prove their own accuracy. LPs can verify their numbers without accessing the fund's full books.
Multi-fund management
Manage multiple funds from a single dashboard. Each fund is a separate entity with its own chart of accounts, investor base, and waterfall structure.
Period close with proof
Close each period with a verifiable snapshot of the fund's financial position. Trial balance, NAV, and capital accounts locked with proof that the numbers tie.
Ready to modernize your fund accounting?
Start with a single fund. Add more as you grow. The waterfall engine and LP reporting are available on Professional plans and above.