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Transfer agent services on a cap table that is always current
Covercy Fund Administration handles transfer agent services for your syndications and funds, working from the same live cap table your team runs in Covercy One. Every position, share class, and ownership change is recorded once, so your investor records never drift from your books.
| Investing entity | Class | Units | Called | Uncalled |
| Alder Family Trust | Class A | 1,500.00 | $750,000 | $750,000 |
| Brightwater Holdings LLC | Class A | 1,000.00 | $500,000 | $500,000 |
| M. Okafor IRANew owner | Class B | 400.00 | $200,000 | $200,000 |
| Linden Park PartnersRemainder | Class B | 600.00 | $300,000 | $300,000 |
| Castellan Capital LP | GP | — | $50,000 | — |
Transfer agent services, handled for you
Keeping the record of who owns what is a job most general partners (GPs) would rather not staff in-house. Our fund administration team takes it on as part of Covercy Fund Administration, working directly in your Covercy One records instead of a separate system that has to be reconciled back to yours.
- Transfer agent services delivered by the Covercy Fund Administration team
- Investor recordkeeping maintained in the same records your team uses
- One accountable provider for the platform and the service
A live cap table for every syndication and fund
Covercy One keeps a position for every investor in every holding, with the share classes, units, and terms that define it. When capital is called, contributed, or distributed, the cap table updates with it, so ownership is always current rather than rebuilt at quarter-end.
- Positions with fractional units, custom fields, and full lifecycle
- Share classes with preferred-return, unitization, and promote terms
- Called and uncalled capital shown per position
- Remittance and subscription amounts tracked separately, including gross-up and bonus units
Ownership transfers without the spreadsheet
Secondary sales, inheritances, and estate transfers happen in a guided transfer flow. The seller's position closes and the buyer's opens in one step, with capital carried across so nothing is lost or double-counted.
- Full and partial transfers, with the seller keeping any remainder
- Split one position across several new owners in one transfer
- Commission on the original position carried to each new owner pro rata
- K-1 documents already shared with the seller stay available to them after the transfer
Fund-of-funds and follow-on investments, mapped
When one of your funds invests in another holding, Covercy One records the ownership chain, so you can see the full structure and every investor can look through to what they ultimately own.
- Fund-of-fund ownership chains and a holding structure chart
- Follow-on investments from a fund into an existing holding
- A notice when recorded ownership would exceed a holding's capacity
Start with your records already in place
Most funds arrive with years of history in spreadsheets. Covercy One imports your investors, contributions, and past distributions, matching records by name, tax ID, and email so re-imports update existing investors instead of creating duplicates.
- Import investors, contributions, and historical distributions from CSV or Excel
- Record committed amounts so partly called funds show correct uncalled capital
- Guided column mapping and a review step before anything is written
Everyone sees the same number
A commitment is entered once. Your team, the investor, the fund administrator, and the bank all work from that record, so the number on the cap table is the number in the investor portal and on the capital account statement. Your team can check exactly what an investor sees with View as Investor.
Your records, your control
Ownership changes and imports run through steps your team approves.
GP-approved transfers
Ownership transfers are initiated by your team and recorded only when you complete them.
Permissioned investor access
Each investor sees only their own positions and entities, and you can preview their view at any time.
Always current
Contributions, distributions, and transfers update the cap table as they happen.
Powered by the rest of Covercy One
The cap table connects to every other part of Covercy One your investors and your team use.
Investor Portal
Give LPs a branded portal for positions, documents, reporting, and capital accounts.
ExploreDistributions
Calculate, approve, and pay distributions to the cent, then reconcile automatically.
ExploreFundraising
Take investors from interested to funded with online subscriptions, accreditation, and one-click ACH.
ExploreTransfer agent and cap table questions
- Does Covercy provide transfer agent services?
- Yes. Transfer agent services are part of Covercy Fund Administration and are delivered by our fund administration team, working in the same Covercy One records your team uses.
- What does the platform do, and what does the team do?
- Covercy One keeps the cap table, positions, share classes, ownership transfers, and investor records. Our fund administration team delivers the transfer agent services on top of those records, so there is no second system to reconcile.
- Can I record a partial transfer or split a position between several buyers?
- Yes. A transfer can move all or part of a position, and one position can be split across several new owners in a single transfer. Capital and commission are carried across to each new owner.
- Can I bring over my existing investor history?
- Yes. You can import investors, contributions, and historical distributions from a spreadsheet. Records are matched by name, tax ID, and email, and you review the results before anything is written.
- Does it support funds that invest in other holdings?
- Yes. Covercy One records fund-of-fund ownership chains and follow-on investments, and investors can look through their holdings to what they ultimately own.