Senior fund finance leadership that keeps LP reporting, cash and valuations ahead of the questions, working alongside your administrator, never in place of it.
LPs want more, faster; quarter-ends take weeks
One change doesn't flow through, so performance data lags
Capital calls and distributions are hard to forecast
One error can cost LP trust, and the next Fund
“Can we check what our administrator sends us?”
We review your administrator's work each period and keep shadow books where it matters, so errors are caught before an LP sees them.
“Can we answer any LP request within 48 hours?”
Quarterly reports, capital account statements and ad hoc requests, all drawn from one reconciled set of data.
“How is each investment really performing?”
Portfolio Company KPIs collected in a consistent format and tied through to Fund-level returns.
“Will a capital call ever catch us out?”
A rolling view of calls, distributions and facility headroom, so cash needs are known weeks ahead.
“Would our valuations stand up to the auditors and the SEC?”
A repeatable valuation process with the support auditors expect, and Fund tax deliverables tracked to deadline.
“Can we move fast on the next investment?”
Finance diligence on targets, and a 100-day plan that sets up the new Portfolio Company's reporting from day one.
Being smaller is no free pass: LPs expect the same standards as larger firms.
of LPs say they are not getting the detailed performance reporting they need
expect daily or on-demand access to portfolio performance data
say technology and data demands have risen most since 2024
Sources: CSC, Future Private Capital CFO 2025 (200 LPs globally); SS&C Intralinks 2026 LP Survey (370 LPs); Alter Domus, The capacity dividend, 2026 (administrator view). All three provide services to GPs.
AUM after spinning out of a $70B+ manager; back office from 5 to 40 people
Quarter-end valuations, cut platform-wide
Connected systems from the Fund investment committee to Firm ENI, replacing Excel
Subscription, NAV and hybrid facilities; Firm-level private debt and GP stake sales
Targeted consulting on a specific issue or review
Defined projects such as valuation, systems or controls documentation
Fractional senior or specialist roles inside your team
We run functions such as reporting, FP&A and close
We design it, hire it and run it until your team takes over
Talk it through with Pritpal Aujla and see where we can help.
Three Strand Partners