For GPs who are done chasing their fund administrator.
Axtara administers closed-end private equity, real estate and credit funds — SPVs and co-invest vehicles included — with senior, named service teams working inside your own systems, not ours.
Switching administrators is the reason you haven't.
The migration risk is real, so we carry it. All three of these are free, and all three happen before you sign anything long-term.
We shadow your next quarter alongside your current administrator. You compare both outputs side by side before committing to anything.
We reconstruct your prior three years of books and capital accounts at no cost, as part of onboarding.
Full export in native formats, 30-day offboarding, no penalty, no hostage clause. In the engagement letter, not the sales deck.
Service levels you can hold us to.
Not “responsive service”. Committed turnaround times, each with a number, in the engagement letter.
Miss any of these and that quarter's fees are credited.
When did anyone last check your waterfall math?
Waterfall math is the highest-stakes, highest-error-rate calculation in fund administration — and most GPs have never had theirs independently checked.
Send us your LPA. Within five business days we return a fully modeled distribution waterfall and a reconciliation against your most recent distribution. Free, no obligation, NDA signed first.
Buy the work product, not the adjectives.
Redacted samples of the actual deliverables your LPs and auditors see. Tell us where to send the pack.
If your fund does it, we've administered it.
The work, named explicitly — scan for the hardest thing your fund does.
- European and American
- Tiered carry
- Catch-up
- Clawback
- GP commitment tracking
- 704(b)
- Side letters
- Excuse and exclusion provisions
- Management fee offsets
- Recycling
- SPVs
- Co-invest vehicles
- Parallel funds
- Feeders and blockers
- REIT compliance and testing
- Multi-currency
- Subscriptions
- AML / KYC
- FATCA / CRS
- ILPA templates
- Form PF support
We operate in your systems, not ours.
We work in your general ledger and reporting stack, so there is no platform migration and no lock-in — ours or anyone else's.
Names listed reflect systems experience only; all marks belong to their owners and no partnership or endorsement is implied.
Priced by capacity, not per vehicle.
Traditional administrators bill per fund, so your costs rise every time your structure grows. Ours don't. Twenty entities or two hundred, the conversation is the same.
- Onboarding and free parallel close
- Historical rebuild — prior three years
- Named client controller and senior accountant
- Full data export, any time
- Audit support beyond the standard PBC package
- Tax and K-1 preparation
No setup fees. No offboarding fees.
The diligence answers, before the questionnaire.
Examination in progress; report targeted Q4 2026. Stated plainly because you will ask.
Segregation of duties on every account. No individual can initiate and approve a payment — dual authorisation on all cash movement.
Every statement carries a named reviewer — a qualified accountant who signed it before it reached you or your investors.
Get your free waterfall audit.
Send your LPA under NDA. Five business days later, you'll know whether your waterfall does what you think it does.