Secondaries, GP-leds and continuation funds.
Fund interests bought at a discount, continuation vehicles with roll elections, and the look-through reporting both sides expect.
A secondaries fund is an LP many times over and a GP to its own investors. A GP running a continuation fund is managing two sets of investors in the same assets. Both need a ledger that understands fund interests, transfers and elections. FUN/D records purchased interests at cost with their unfunded obligations, accounts for the discount over time, and runs continuation vehicles as funds in their own right.
FUN/D is the books-of-record product from the company behind InvestorPortalPro: where IPP is a portal for firms whose accounting lives elsewhere, FUN/D is the ledger, with the portal as its read side.
Fund interests
Purchased LP interests with cost, NAV, unfunded commitment and deferred payments.
Continuation vehicles
New vehicle, own LPA, own waterfall, consolidated view of the assets.
Sell-or-roll elections
Each existing LP's election tracked and applied.
Transfers
LP interest transfers with effective dates and capital account carry-over.
Look-through
Underlying company exposure across purchased interests.
Dual reporting
Reporting to rolling LPs and new investors from one record.
Questions we get about this
Can FUN/D handle deferred purchase price?
Yes — deferred payments are tracked as liabilities with their schedules.
See FUN/D on your own fund data.
One conversation, no deck, no seat count. Tell us the structure and we'll show the platform running it.
Talk to us
Name and work email. We reply within one business day, from a person.
Sent.
Someone from FUN/D will email you within one business day. If it's urgent, call +1-212-658-0862.