Unlocking value through automation

In this article

At the 2nd annual LPGP Connect CFO/COO Private Markets event in Miami, we had the privilege of spotlighting the next era of fund management operations. While the industry has long acknowledged the risks of Excel-based calculations, many firms continue to rely on outdated tools, despite cautionary tales from major players and costly errors that made headlines. Yet many firms continue to take those risks – managing complex waterfall and carry structures in Excel. This has to change.

Our message: Focus on opportunity, not just risk

During our Spotlight Session, CEO & Founder Oliver Freigang presented a live use case to show how automation transforms fund operations. Instead of just focusing on what’s broken, we highlighted what’s possible.

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Here’s what we showcased:

Automated waterfall calculations: translating LPAs into waterfall steps (learn more)

Precision & speed: getting accurate results faster

Transparency & auditability: establishing confidence across LPs, GPs and regulators

Seamless data integration: providing a seamless experience; powered by our robust API-driven Data Exchange (learn more)

Why it matters

Private markets demand accuracy, compliance and trust. Our platform is built to deliver all three, enabling fund managers, administrators, and investors to modernize workflows and de-risk operations.

Want to see it in action?

We’d love to walk you through how our automation platform can help you leave Excel behind.

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One engine, three views of ownership

At the LPGP CFO/COO in Chicago in October, we showed cap table management that runs in the same calculation engine as our waterfalls and carry. This post explains what was shown, and why we built it that way.

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In 2023, we made the case against building private markets tech in-house. That case still holds but AI has changed the calculus. We revisit build-vs-buy through a 2026 lens, and add a dimension our original piece didn't cover: the compliance, operational, and LP-facing risk that any build must own.
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