NAV & Financials
Monthly/quarterly NAV, GL, and reconciliations.
FUND ADMINISTRATION
Full-Service Fund Administration for Private Funds
Offload NAV, financial statements, capital calls, and distributions to a specialized team. Get accurate reporting, on-time statements, and happier investors.
Request a Demo
See how Covercy fund administration works with your investor portal and payments.
The Problem
Switching fund administrators is disruptive, but staying with slow, expensive, or disconnected providers limits your fund's growth. Manual processes, delayed reporting, and fragmented systems create operational risk and investor frustration.
The Covercy Solution
Specialist administrators, integrated banking, and investor portal workflows that keep NAV, statements, and payments in sync.
Investor Reporting
Capital statements, waterfalls, and distribution notices.
Payments & Calls
Capital calls, distributions, and banking handled end to end.
Compliance Ready
Audit support, K-1 coordination, and controls.
One Fund Data Ecosystem
Covercy is your single source of truth for real-time fund administration data syncing and reconciliation
Fund Administration
Institutional-grade services
Financial
Financial Statements
Financial Reconciliations
Tax & Audit Support
Operations
NAV Calculations
Transfer Agent
Compliance (AML/KYC)
Provided in partnership with NAV Fund Services and Covercy
+
Investment Management
Platform capabilities
Investor Experience
Investor Portal
Reporting
Documents
Operations
Waterfalls
Distributions
Fundraising
Institutional Accounting
Accounting Integration
DTCC/AIP
Automated Payments
Who This Solution Is For
Real estate funds and syndications
Private equity vehicles
Venture capital and growth equity funds
GPs scaling without adding ops headcount
What's Included
Comprehensive fund administration services designed to handle every aspect of your fund operations.
NAV calculations and investor allocations
General ledger maintenance and reconciliations
Monthly and quarterly financial statements
Annual audit support and coordination
Capital call processing and tracking
Distribution calculations and execution
Investor capital account statements
Waterfall calculations and reporting
Tax and K-1 coordination
Bank reconciliations and cash management
Investor portal and document delivery
Compliance monitoring and reporting
Why Covercy
Reduce operational risk with specialist administrators
Shorten close timelines with integrated banking
Improve investor experience with on-time statements
Scale efficiently without adding headcount
Covercy Packages
Choose the level of support that fits your fund operations.
Admin Essentials
NAV, GL, reconciliations, and monthly/quarterly financials.
- •NAV & allocations
- •GL + cash/bank recs
- •Monthly/quarterly financials
- •Audit support
Admin + Investor Delivery
Everything in Essentials plus investor statements and waterfall delivery.
- •All Essentials
- •Capital account statements
- •Waterfalls and notices
- •Portal publishing
Admin + Banking Automation
End-to-end admin with capital calls and distributions executed via integrated banking.
- •All Delivery
- •Capital call collections
- •Distribution execution
- •Payment tracking & controls
Frequently Asked Questions
- Do you work with my auditor?
- Yes. We prepare financials and support your auditor with schedules and reconciliations.
- Can you handle capital calls and distributions?
- Yes. We calculate amounts, generate notices, and process payments through integrated banking.
- How long does onboarding take?
- Most funds onboard in 4-6 weeks depending on data complexity and starting records.