Meet Neo, your AI-powered Co-GP.
Every dollar in and out, reconciled to the cent
Investors get a complete capital account — contributions, distributions, capital calls, and balances — with the money actually moving on integrated banking rails inside the same platform. Not a viewer bolted onto a separate payment processor.
The complete capital account, always current
Every investor sees a clear, running record of their financial relationship with your deal or fund, with no spreadsheet to reconcile and no "can you confirm my balance?" emails. Because the account is built from the same ledger your team works in, what the investor sees and what your books say are never out of sync.
- Contributions, distributions, and capital calls, itemized
- Funded and unfunded commitments at a glance
- Current capital balance and capital-account statements
- A full, exportable transaction history
Fund calls and get paid, right in the portal
This is where an integrated platform pulls ahead of a portal with payments bolted on. Capital actually moves through Covercy One on integrated banking rails, so a capital call is a one-click funding action for the investor and a reconciled deposit for you, with no chasing wires or re-keying bank details.
- Investors fund capital calls in a click via ACH
- Distributions paid directly to investor bank accounts
- Investors manage their own bank details, securely
- Every movement reconciled to the capital account automatically
One source of truth, fewer disputes, faster closes
When banking and back-office accounting live in one platform, the capital account your investors trust is the same record you close your books against. That means fewer reconciliation headaches at quarter-end, fewer investor disputes, and a more professional money experience that makes LPs comfortable wiring you more on the next deal.
- No reconciliation gap between the portal and your books
- A money experience that builds investor confidence to re-up
- Less manual back-office work for your team
You move the money. They self-serve the rest.
Capital calls, distributions, and banking run from your console — investors handle their own accounts within the limits you set.
Calls and distributions from one place
Issue capital calls and pay distributions on integrated banking rails. Investors fund calls in a click and track every transaction in their portal.
You approve bank changes
Investors add their own bank accounts, but every new or changed account routes to you for approval before any money moves.
Live, reconciled balances
Contributions, distributions, and capital balances update in real time, so investor statements always match your books.
Connected to the money movement
Capital accounts stay accurate because banking, distributions, and fund admin live in one platform.
Fund Accounting
A live capital ledger with ILPA-formatted statements, NAV, and management fees, plus books kept by our team.
ExploreDistributions
Calculate, approve, and pay distributions to the cent, then reconcile automatically.
ExploreFund Administration
Institutional-grade NAV, bookkeeping, tax, and K-1s, delivered inside the same platform.
ExploreCapital account questions
- What is in an investor’s capital account?
- A complete, running record of an investor’s position: contributions, distributions, capital calls, funded and unfunded commitments, current balance, and capital-account statements, with a full transaction history they can review or export at any time.
- Can investors fund a capital call directly in the portal?
- Yes. Capital calls are calculated from each investor’s position, and investors can fund them in a click via ACH on Covercy One’s integrated banking rails, so the money moves and reconciles inside the same platform rather than through a separate payment tool.
- How are distributions paid out?
- Distributions are paid directly to each investor’s bank account through the platform and recorded in their capital account automatically, so investors can track exactly what they were paid and when.
- Do investors manage their own banking details?
- Yes. Investors securely manage their own bank accounts in the portal, which removes a common source of payment errors and saves your team from updating banking details on investors’ behalf before a distribution.