Vault replaces the tangle of spreadsheets, PDFs, and email threads GPs use to manage capital calls, distributions, and LP relationships — with one system both sides can log into.
Vault is built GP-first. Every capability below starts in fund operations, then surfaces to LPs as a read-only view and to founders only where they own the data.
|
GPs
Primary
Full fund operations and control
|
LPs
Secondary
Scoped, read-only visibility
|
Founders
Extended
Only what they own
|
|
|---|---|---|---|
|
Capital calls
Issued once, tracked on both sides
|
Issue calls, pro-rata amounts calculated per LP automatically, confirm receipt, edit or delete. Money never moves through Vault — no fragile bank integration to break. | Notices, amount owed against commitment, and receipt confirmation from your own side. | — |
|
Distributions & waterfall
Whole-fund or deal-by-deal
|
Run a real waterfall with built-in 2%/20% fee and carry mechanics; log every event. | Distribution history and DPI against your commitment. | — |
|
Portfolio & valuations
Marks that stay current
|
Update FMV per company as raises come in, with full valuation history and trend. | Portfolio card view with real-time value and MOIC. | Your round, ownership and current mark as investors see them. |
|
Tax documents
K-1s from tracked data
|
One-click K-1 generation from tracked calls and distributions, plus send tracking. One number (fund net income) is the only manual input, because it can't be derived from anything the app tracks. | Tax document delivery and status in the portal. | — |
|
Documents & signature
One place, one version
|
Subscription agreements out, executed copies filed against each LP. | Document center and subscription agreement e-signature. | Data room and investor updates shared from the same record. |
|
Fund economics
Terms and cost of running the fund
|
Target size, hard cap, management fee, carry, GP commitment, expenses with receipts. | The fee and carry terms your commitment is subject to. | — |
|
Access & permissions
Enforced in data, not CSS
|
Role-based control across the whole fund, GP management included. | Every view scoped per-LP — no other LP's data is reachable. | You share what you choose, nothing more. |
| Join the waitlist | How LP access works → | Talk to us → |
Target size, hard cap, management fee, carry, waterfall type, GP commitment.
Issue capital calls, log distributions, track expenses, update portfolio valuations.
LPs see their own commitment, portfolio, documents, and tax status in a portal built for them, not repurposed from the GP view.