Fund administration, rebuilt from primary sources
Boutique, mid-market, global. From documents to delivery: automated fund accounting, waterfalls, K-1s, and NAV across every mandate, delivered under your brand and on time, taking on new AUA without adding headcount, traceable to source. Every output is traceable to its source. Your team reviews and signs off before anything ships.
The Aktus fund administration workforce runs alongside operators like Mateo. It produces the fund accounting, waterfalls, K-1s, and NAV across every mandate. Mateo keeps the judgment, the GP relationships, and the final sign-off.
Built for alts fund administration.
Aktus deploys inside the firms whose NAV packages, capital calls, and investor reports are the operational fabric of private capital.
Outsourced fund admins
Top-25 admins running thousands of funds across vehicles, currencies, and waterfalls, where every new mandate used to mean new hires.
- →NAV production at scale
- →Cross-fund consolidation
- →Investor reporting automation
GP-side admin teams
Sponsors who pulled admin in-house for control over the close, now watching headcount scale with every new fund.
- →LPA-driven workpapers
- →Capital activity packages
- →Waterfall calculation review
Co-sourced operations
Mid-market firms where the GP keeps the close and the admin keeps the books, and the two have to tie out every quarter.
- →Trial balance reconciliation
- →Allocation engine outputs
- →Tie-out to source documents
The work that consumes the close.
An AI worker isn't a chatbot. It's a system that reads the same documents your team reads and produces the same artifacts, on a predictable schedule.
- ✓Limited Partnership Agreements & side letters
- ✓Trial balances and general ledger extracts
- ✓Capital activity statements from custodians
- ✓Subscription and transfer documents
- ✓Manager statements and broker confirms
- ✓Historical workpapers for prior-period tie-out
- ✓NAV workpapers with line-level source citations
- ✓Capital call & distribution notices, per-LP
- ✓Carried interest and waterfall computations
- ✓Management fee accruals against LPA terms
- ✓Investor capital account statements
- ✓Audit-ready binders with full provenance
A real artifact, with every figure traced to source.
A stylized sample of a NAV workpaper. Every line carries the document, page, and clause it came from. A named controller signs off. before it ships.
Every figure traces to its source. A named person signs off. before it ships.
Frontier models can’t do fund admin alone.
You already use Claude, ChatGPT or Gemini. Aktus makes them production-ready for alternative assets.
Fund administration is not a reading comprehension problem. It’s a long-running, side-effect-laden production process with non-negotiable provenance requirements. A model that hallucinates a single basis point is unusable; a model that can’t explain where a number came from is unauditable.
Source-anchored reasoning
A frontier model will produce a confident number with no provenance. Aktus anchors every output to its source and refuses to produce a figure it can't trace.
Multi-document long-context
A NAV package crosses 40+ documents, hundreds of pages. Frontier context windows blur the distinction between them.
Side-effect operations
Booking journal entries, sending capital calls, posting to a GL, none of these tolerate the failure modes of a chat interface.
How our AI workers stay accurate.
Aktus runs every worker against a continuously evaluated context graph, your LPAs, your prior closes, your house policies, so the worker’s answers track your firm, not the public internet.
Document graph
Every primary source, LPA, side letter, GL, is parsed into a typed graph with version history and effective dates.
Policy layer
Your house interpretations of LPA terms (waterfall tiers, expense definitions) are first-class objects the worker queries.
Eval harness
A regression suite of prior-period closes runs on every model and prompt change. Deployment is gated on green.
Deterministic compute
Every calculation runs through an audited code layer at 100% precision. The model reasons; the math is computed, not predicted.
Human review
High-impact outputs route to a named human reviewer. Their edits update the policy layer for next time.
A unit cost change, not a tooling change.
Fund admin is priced per fund, per investor, per period. Aktus changes the cost structure underneath that price, not the price itself.
- ×Headcount scales linearly with funds onboarded
- ×Senior reviewer time consumed by line-level tie-out
- ×Quarterly close is a peak-load staffing problem
- ×New fund types require new playbooks and training
- ×Margin compression every renewal cycle
- ✓Headcount scales with relationships, not artifacts
- ✓Reviewer time is exception-driven, not line-by-line
- ✓Close cadence flattens, same effort across the quarter
- ✓New fund types are a configuration, not a hire
- ✓Per-fund unit cost falls each quarter the worker runs
Your perimeter. Your data. Your governance.
Aktus runs inside your environment, against your documents, under your audit trail. No data leaves the boundary you control.
Sovereign by default
Deployed in your VPC or on-prem. Aktus operators see logs and metrics, never your primary documents.
- →SOC 2 Type II
- →AWS, Azure, GCP, on-prem
- →Customer-managed keys
Audit-ready by design
Every worker output carries an immutable record back to the document, page, and clause it derives from.
- →Immutable provenance log
- →Reviewer sign-off captured
- →Exportable for Big-4 audit
Model-agnostic
Run on frontier APIs, your private inference, or hybrid. Switch underlying models without re-deploying the worker.
- →Anthropic, OpenAI, on-prem
- →Per-task model routing
- →Versioned, evaluated upgrades
What stays with your team.
Aktus takes the volume work. It does not take the work only your people can do.
Valuation methodology, NAV policy decisions, accrual treatment, exception handling on illiquid positions, and the call on how to book a complex side-pocket stay with your senior accountants and controllers. Aktus runs the reconciliations, builds the workpaper, and surfaces every variance, but the policy stance behind the NAV remains yours to set and defend.
LP servicing calls, GP onboarding conversations, capital call clarifications, and the audit committee meetings that retain the mandate stay with your client teams. Aktus produces the statements, drafts the notices, and keeps the data room current, so your team walks into every investor touchpoint fully briefed. The trust that wins the next mandate is yours to hold.
Every NAV pack, every capital call notice, every audit confirmation, and every investor statement carries a named controller's review before it ships. Aktus routes the work, flags the exceptions, and holds a full audit trail with immutable provenance, but no number reaches an LP, an auditor, or a GP until a person on your team has approved and signs off. it.
What buyers ask before they pilot.
Our team must review every output.
We already run on Investran or Allvue.
Can AI be trusted with these numbers?
How fast can we see value?
Will this replace our controllers?
Bring Aktus inside your fund admin team.
Your fund admin expertise. Our AI engine. Software-like margins on a services business.
Not ready yet? See a sample output.