Quantistic for Limited Partners
AI for
Private Markets
Upload LPAs, capital calls, and quarterly reports. We read every document, track your commitments, and verify your fees, with every number linked to the source page.
Carlyle Partners VII
LPA · p.42Article 7. Management Fee
7.3.2 During the Investment Period, the Management Fee shall be 2.00% per annum of aggregate Capital Commitments.
7.3.4 Following the Investment Period, the fee base shall convert to Net Invested Capital (see definition §1.74).
Capital account · Q1 2026
CC-04 · p.2Carlyle Partners VII
FEE-003 · Fee transition timing
Management fee, Q1 2026
Expected
$1,250,000Actual
$1,425,000Delta
+$175,000The GP continued charging on committed capital after the Investment Period expired. Your LPA shifts the base to Net Invested Capital per §7.3.4.
Backed By
Canopy by Founders Inc.
AWS for Startups
Microsoft for Startups
NVIDIA Inception
The Problem
What LP operations looks like at five PE funds
A family office with 10 fund commitments receives roughly 600 to 1,000 documents a year. This is how that gets managed today.
Document chaos
Between 5 and 15 GP portals. Different logins, different formats. Some email PDFs. Some post to IntraLinks. Some use Juniper Square. You end up with 600 to 1,000 documents a year scattered across folders only you understand.
Manual data entry
Every number in your tracking spreadsheet was typed by hand from a PDF. NAV from page 3. IRR from the performance table. The fee from the capital call notice. One typo and your IC report is wrong.
Excel as system of record
42% of family offices still run private market tracking out of a spreadsheet one person built and one person understands. When they leave, the replacement takes six months to figure it out.
Missed deadlines
Capital call due dates. MFN election windows. Fund extension votes. Buried across separate documents. Miss a capital call and the LPA applies default interest at prime plus 5%.
Fees you never verify
You enter what the GP reports. You don't check it against the LPA, because that means digging through 200 pages to find the rate, compute the base, and run the math. So you trust.
IC prep is a grind
Two to three days per quarter per fund. Copy-paste from quarterly reports into the IC template. The CIO asks for every fund with IRR below 8% sorted by vintage. You build it manually. Every quarter.
What Quantistic does
Read. Monitor. Verify.
Read every fund document
LPAs, side letters, capital call notices, distribution notices, quarterly reports, performance reports. Every economic term, every transaction line item, every metric, pulled out and linked back to the exact page and section it came from. 97.4% accuracy benchmarked on four real LPAs from Carlyle, Blackstone, KKR, and a growth-fund template.
Run your portfolio without spreadsheets
A running capital account per fund. Unfunded commitments updated after every capital call. Key dates computed from your LPA (investment period end, MFN deadlines, extension votes), surfaced before they bite. One dashboard across every fund commitment you hold.
Verify the GP's math
Twelve named checks run on every document. Did the management fee match the LPA rate, on the right base, at the right point in the fund's life? Did the GP credit the offsets you're owed? Does this quarter's opening NAV match last quarter's close? When something is off, you see the LPA section, the expected number, the actual number, and the gap, in dollars.
Every number we show you links back to the page in the document it came from. A flagged fee discrepancy comes with the LPA section, the expected amount, the actual amount, and the dollar gap.
How It Works
Three steps. No six-month rollout.
Upload one LPA and one quarterly report. See your portfolio inside an hour.
Upload your fund documents
Start with your LPA. Add side letters, capital calls, distribution notices, quarterly reports, and performance reports as they arrive. Drag and drop. We work through them in order.
Review and confirm
We show you what we found. Every fee rate, every offset, every key date, alongside the source page. You confirm. This takes minutes, and you only do it once per fund.
Your portfolio stays current
Every new document updates your capital account, refreshes your key dates, and runs the verification checks. You move from drowning in PDFs to a live portfolio in one upload cycle.
The checks
Twelve checks that catch the errors LPs never look for
Each one runs automatically against your LPA and the documents the GP sends. When something is off, you see what should have happened, what did happen, and the dollar gap, with the LPA clause and the source page that proves it.
Management fee rate
The rate the GP charged matches the rate in your LPA, including any discount in your side letter.
Management fee base
The fee is calculated on the right base. Committed capital during the investment period, net invested capital after.
Fee transition timing
When the investment period ends, the fee structure shifts. The most common GP error. The most expensive one to miss.
Organizational expense cap
Cumulative org expenses charged to the fund have not exceeded the LPA cap.
Fee offset compliance
Monitoring fees, transaction fees, and director fees received by the GP are credited against the management fee at the percentage the LPA specifies.
Fee reconciliation
The sum of management fee line items across your capital calls matches the total reported in the quarterly report.
Unfunded reconciliation
GP-reported unfunded, capital-call-implied unfunded, and an independent recomputation all agree within tolerance.
NAV continuity
This quarter's opening NAV equals last quarter's closing NAV. Breaks here mean restatement or extraction error.
Carry distribution timing
Carry is not distributed before return of capital and preferred return tiers are satisfied.
Carry amount
Actual carry distributed does not exceed what the waterfall in your LPA earns.
Escrow compliance
The GP has deposited the percentage of carry distributions that the LPA requires to hold in escrow against clawback.
Document gaps
Capital calls for Q1, Q2, Q3, but not Q4. Quarterly report missing. You see it, then we ask the GP.
How we fit
Where Quantistic sits in the LP stack
You probably already know the landscape. Here is exactly where we are different and where we are complementary.
Versus QashQade
What they do
A calculator. A human enters your LPA fee logic, it computes fees and waterfall with auditor-grade accuracy.
What Quantistic does
Quantistic reads the LPA itself, computes the same fees and waterfall, and adds the data entry, portfolio monitoring, and deadline tracking around it.
Versus Carta, Accelex, Canoe
What they do
Aggregators that pull balances from GP portals and custodian feeds. They do not read your LPA or verify fees against it.
What Quantistic does
Complementary, not competitive. Their aggregated balances plus Quantistic's reading of your fund documents is the full picture.
Versus AtlasFive, Asora, Landytech, Masttro
What they do
Broad family office platforms covering public, private, accounting, reporting. Capital calls get typed in by hand.
What Quantistic does
Their breadth plus Quantistic's depth in PE. You upload the PDF; we read it.
What we don't do
We are not trying to be everything
The platforms that promise to do everything end up doing nothing well. Here is what Quantistic is not.
Not a GP portal
We don't aggregate from GP reporting systems. We read the documents the GP sends you.
Not an accounting system
We don't run fund accounting or compute NAV from portfolio company valuations. We consume the GP's accounting and verify it.
Not a CRM or deal pipeline
We don't help you source new fund commitments. We help you manage the ones you already have.
Not a custodian or administrator
We don't hold assets or process transactions. We monitor and verify the transactions processed by others.
Not a replacement for your GP relationship
We give you better information to have better-informed conversations with your GP.
Why Now
This product couldn't exist two years ago
Record capital is flowing into PE
More family offices and HNIs are allocating to private markets than ever. But the operational infrastructure hasn't kept up. Enterprise tools serve the $1B+ allocators. Everyone else uses Excel.
Fund documents can finally be read accurately
LPAs are 200-page legal documents with nested cross-references, defined terms, and exhibit appendices. Until recently, no software could read them with the consistency an analyst would. Our benchmark, 97.4% across four real-world LPAs, is the proof that it can be done now.
LPs deserve infrastructure
GPs have Allvue, Juniper Square, Carta. Fund administrators have Geneva, Investran. LPs with 2 to 15 fund commitments have a spreadsheet. That gap is what we're closing.
The tools exist now. The question is whether you keep doing it the old way.
Design Partner Program
We're building this with you, not for you
Quantistic is in design partner mode. We're working with a small group of family offices and fund-of-funds to ship the LP operating system that should have existed years ago. Design partners get early access, direct input on what gets built next, and founding-member pricing locked for life.
What You Get
- ✓Early access before public launch
- ✓Direct line to the founding team
- ✓Your fund documents shape what gets built next
- ✓Founding-member pricing locked for life
Who We're Looking For
- ›Family offices or HNIs with 2 to 15 PE or RE fund commitments
- ›Currently managing fund operations in spreadsheets
- ›Willing to upload real documents and give honest feedback