AuthorNatallia Chykina

Convertibles guide

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How to create a convertible instrument? In Administration section go to Portfolio Companies -> Investments and create a new investment with the type “Convertible”. Apart from picking the Investment Vehicle and Portfolio Company for this investment, you can also specify interest rate, conversion factor and whether the convertible has already been converted or not (and if so, on which...

Mobile apps for investors, Tinder for funds: the transformation of the PE/VC industry

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Broadly speaking, venture capital funds and private equity funds live at the forefront of technological processes. They invest in innovations, move the technology market forward, but at the same time, most of the funds use the same simple programs for their internal work processes that they did at the start of activities. Some switch from Excel to Google cloud products, but with the...

How does a venture capital fund work in terms of Operations?

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Private equity and venture capital funds are an important part of a comprehensive investment strategy for many professional market participants. Investments in private markets allow you to diversify your portfolio and gain access to additional returns by participating in non-public transactions at earlier stages. The internal kitchen of such funds is usually a rather complex machine, managed by a...

LP reporting: how we’ve built it at iTech

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The quality of investor reporting is essential for every PE/VC firm, and there are multiple layers of it. First and foremost, every investor wants to know how much money he has spent and how much money he has received. This is the simplest question any GP can answer. All investment management platforms provide this functionality called capital accounts and allow fund managers to track their...

Practical setup guide: AIRR automated reporting with Xero for a PE/VC firm

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Accounting in a small PE/VC firm is usually more about convenience and accuracy than about complexity. In a nutshell, every fund has the following types of transactions it wants to track: Drawdowns and distributions(how much money LPs have put in the fund and how much have they received back)Investment transactions, dividends and exit proceeds (how much the fund has invested in portfolio...

AIRR FundAPI: how to update your fund metrics in a smart way

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The ability to export the data is essential for any SaaS platform, otherwise the data gets buried in it forever. A well thought-out API makes it easy for the customers to integrate with other applications they use. However, when it comes to PE/VC software, the best one can usually get is the old-school “Download to Excel” button, which creates a static non-updatable file that isn’t refreshed when...