Close faster, with confidence.
A rules-based allocation engine does the heavy lifting on gains, losses, and fees, so period-end stops being a scramble.
Partnership accounting software for investment funds Complex Structures. Clean Books.
Tiered entities, master-feeder structures, SPVs, and family partnerships, modeled as they’re actually structured. Capital activity, special allocations, and investor-level accounting are handled natively in a partnership book of record that’s maintained continuously, not generated once a quarter. Built for hedge funds, private equity, private credit, venture capital, and family offices.
Built for the way partnerships actually work
Partnerships rarely split gains and losses evenly. The allocation engine handles the special allocations that trip up investment partnerships: new issue (hot issue) restrictions, side pockets, and investor-specific fee terms and waivers. Each is applied to the right investors automatically, alongside a robust interface for administering capital activity end to end.
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Aggregate Allocations
Gains, losses, and fees apportioned across partners according to each fund’s own terms.
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Side Pockets & High-Water Marks
Side pockets and high-water marks maintained automatically at the investor level.
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Management & Performance Fees
Management fees and incentive (performance) fees calculated at the investor level, with hurdles applied to each investor’s terms.
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Carried Interest & Clawbacks
Carried interest calculated through distribution waterfalls, with hurdle rates and GP clawbacks handled natively.
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Capital Activity
Capital calls, distributions, subscriptions, redemptions, transfers, and sub-accounts administered end to end.
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K-1s & Partnership Letters
K-1s and partnership letters produced on the platform and delivered to partners on a schedule.
Structures & Vehicles
Whatever you run, it models natively
From a single stand-alone fund to SMAs, SPVs, and layered master-feeder and tiered structures, the allocation engine follows your terms, your allocations, and your fee arrangements. Hybrid funds holding both liquid and illiquid assets keep each investor’s share of every position accurate, whichever way capital moves. For family office CFOs holding private equity and venture capital through family partnerships or SPVs, every partner’s capital account (family members, trusts, and LLCs alike) is tracked precisely.
Investor balances you can defend.
Fund terms are set up once and applied the same way every period, so every allocation and fee traces back to the partnership agreement.
Books your GP can stand behind.
Daily reconciliation against custodial data keeps the partnership book of record accurate every day, not just at month-end.
Fund structures
- Hedge Funds
- Private Equity
- Private Credit
- Venture Capital
- Fund-of-Funds
- Hybrid Funds
- Master-Feeder
- Tiered Structures
- SMAs
- SPVs
- Family Partnerships
Explore every solution
All solutions
Integrations & Reconciliation
Breaks Found Daily. Not at Month-End.
Portfolio Management
Every Asset Class. One Verified Record.
Fund Accounting
Integrated Accounting. No Workarounds.
You are here Partnership Accounting
Complex Structures. Clean Books.
Reporting & Analytics
Every Report You Need. Zero Manual Assembly.
Data Access & APIs
Reconciled Data. Wherever You Need It.
$35B+ in assets on the platform. 350+ investment managers run their book of record on PortfolioShop.
Available as a fully Outsourced Back Office, or as a Subscription your team runs. Compare the two