LP statements
A statement is produced per investor and per offering, for a period. It is generated as a PDF from the records held at generation time, and the figures on it are the ones the platform can evidence — not an estimate presented as a measurement.
Performance figures
| Figure | Basis |
|---|---|
| IRR (gross) | Dated cash flows, before fees |
| IRR (net of fees) | The same flows, with management and performance fees as outflows |
| MOIC / DPI / RVPI | Standard multiples on contributed capital |
Where actual fee records exist they are used. Where they do not, a net figure derived from an estimate is labelled as estimated, on the screen and on the statement. An estimate is never shown as a measurement.
Exports
- Tabular exports are produced as spreadsheets, with one header row and one record per row.
- Amounts are exported with their currency; a figure is never exported bare.
- Dates are exported as ISO-8601 instants.
Audit trail
Actions that change a financial record, an authorisation, or a document's reach are written to an append-only audit log, with the actor, the moment and the affected resource. A correction is made by adding an entry, never by rewriting one.