Every GP report,
independently verified.
LPs get quarterly PDFs no one checks. We re-compute every number and hand back proof.
- Fees re-checked against the LPA
- Every number linked to its source page
- Signed, auditable results
The problem
LPs have no tools to check what GPs report.
The GP grades its own homework.
An LP's entire view of a fund is the report the GP writes about itself.
Regulators find what LPs miss.
The SEC found fee violations or material control weaknesses at over 50% of PE managers examined.
Even the biggest managers got it wrong.
Blackstone ~$39M. Apollo $52.7M. KKR ~$30M — all fee failures, caught by regulators, not LPs.
Fifty GPs, fifty formats.
73% of LPs call inconsistent GP reporting a significant challenge. The tool today is Excel.
Evidence
$121M+
Blackstone, Apollo, KKR settlements combined
73%
LPs citing inconsistent reporting
How it works
Four checks, one record.
Report verification
Fees, carry, and NAV re-computed against your fund documents. An LLM reads; deterministic code calculates; a human signs off.
Cash reconciliation
GP numbers matched against your own bank records — the one source the GP doesn't control.
Red flags
Write-downs, covenant warnings, odd balances — flagged the quarter they appear.
Signed reports
Timestamped results with evidence packs, ready for boards, auditors, and regulators.
Who it's for
Built for allocators.
Regional banks, insurers, pensions, family offices, funds-of-funds. The LP pays us; the GP never does. That independence is the product.
Help define LP-side verification.
We're working with a few design partners — allocators who want their GP reports verified and a say in the product.
Talk to us- SOC 2 readiness in progress
- Working with licensed audit professionals
- Evidence log on request