Your LPs shouldn't have to email you for their numbers
Most fund managers spend 3 to 5 days every quarter compiling LP statements by hand — one LP at a time, formatted and emailed individually. Folio generates each statement automatically the moment fund data is current, and surfaces it directly in each LP's portal.
Auto-Generated Quarterly Statements
When fund data closes, each LP’s quarterly statement is ready — capital drawn, distributions paid, current NAV, next capital call. What used to take 3–5 days of manual formatting per cycle now takes none.
Performance Tied to Each LP’s Actual Position
TVPI, DPI, and IRR are calculated on each LP’s own commitment, drawn capital, and distributions — not blended across the fund.
Self-Service LP Portal
LPs get 24/7 access to their statements, NAV history, capital call records, and distribution history — without emailing anyone on your team.
Every Document, One Place
Capital account statements and tax documents sit alongside quarterly performance statements in the portal, so LPs aren’t hunting across email threads for year-end paperwork.
From a 3-day reporting sprint to zero
A fund manager closing out quarterly reporting for a fund with twelve LPs knows the sequence: NAV is reconciled, capital calls and distributions are accounted for, and then the actual reporting begins — pull each LP's figures, build their statement, format it, email it individually, repeat eleven more times. That's 3 to 5 days of work before a single LP has seen a number. With Folio, none of that step exists. The moment fund data is current, each LP's statement is live in their portal — the fund manager doesn't send anything, and the LP doesn't ask for anything.
- 1Fund data is reconciled and marked current in Folio
- 2Each LP’s statement generates automatically — commitment, drawn capital, distributions, NAV, TVPI, DPI, and next capital call date populated from live fund records
- 3Statements publish to each LP’s portal immediately, with prior quarters, capital call history, and tax documents in the same place
- 4LPs review their position on their own timeline — the quarterly distribution task is done
Common questions about LP reporting
How long does it take to generate quarterly LP statements with Folio?
Statements generate automatically when fund data is marked current — there’s no separate compilation or formatting step. The 3–5 days per quarter most fund managers spend on manual LP reporting drops to zero.
Can LPs access their capital account statements and tax documents online?
Yes. Capital account statements and tax documents are available in the LP portal alongside quarterly performance statements, so LPs can access and download them at any time without requesting copies from the fund manager.
Are TVPI and DPI reported separately for each LP, or only at the fund level?
Per LP. TVPI, DPI, and IRR are each calculated on the individual LP’s own commitment, drawn capital, and distribution history — an LP with a different deployment schedule sees figures that reflect where they actually stand, not a fund-wide average.
Ready to automate your LP reporting?
Book a demo and we'll walk through how quarterly statements and the LP portal would work for your fund.