App — Blacknorth

Demo — sample data from the ILPA Quarterly Reporting Standards (Best Practices Fund II, L.P.). Not a real fund.

This is what an LP sees after Blacknorth verifies one quarterly package: every number recomputed, every discrepancy surfaced, every claim linked to its source page.

FundPeriod

LP NAVNet asset value of this LP's interest in the fund at period end.: $45,673,600
CommitmentTotal capital this LP has committed to the fund.: $50,000,000
UnfundedCommitted capital not yet called — the GP may still draw it.: $18,500,000
TVPITotal value to paid-in: (NAV + distributions) ÷ contributions.: 1.2x
DPIDistributions to paid-in: cash returned ÷ contributions.: 0.3x
Net IRR (SI)Net internal rate of return since inception, after fees and carry.: 20.5%

Latest verification runWhen this package was last verified.

February 15, 2016

ChecksOutcome counts across all checks in this run.

3 passed · 4 warnings · 3 alerts · 3 info

Next expected documentsDocuments the GP is expected to deliver next.

Q1 2016 package — expected within 60 days of quarter end

Cash-flow noteItems affecting the LP's liquidity planning.

$4.0M of distributions are recallable — include in liquidity planning.

Alerts feedFailed and warning checks from this run, newest first.

FAILFee-offset rate vs governing documents
FAILRelated-party balance anomaly
FAILCross-document consistency: Statement of Operations ↔ PCAP
WARNValuation deterioration
WARNSubjective valuation driver supporting large uplift
WARNCovenant headroom — Portfolio Company 3
WARNValuation driver inconsistent with reported value

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Blacknorth provides independent verification services. We do not provide valuations, investment advice, audit opinions, or legal advice.