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How PE firms automate fund operations with LemonEdge
Most PE firms run fund operations across a general ledger, a stack of spreadsheets, and a reporting tool that never fully agree. LemonEdge brings that into one sequence, run inside a single system of record.
It starts with structure. A firm brings its fund, entity, and ownership structures onto the platform, including the holding entities and co-invest vehicles that legacy systems push offline. LemonEdge processes the full fund structure in real time and tracks ownership over time, so a restructuring or a secondary transfer updates the model rather than breaking it. Partner transfers that once ran for a long time complete in seconds.
Next, the firm defines its allocation paths and rules : how income, gains, fees, and expenses flow through the structure to each investor. This dynamic allocation approach replaces the manual equity pickup that most teams still rebuild by hand each period, and it delivers full look-through across the fund.
Carry, waterfalls, and equalizations then run through Algorithms, the platform's spreadsheet technology, against live data from the ledger. The offline Excel that used to hold these calculations comes inside the system, fully audited and time-stamped, which turns the waterfall calculations that once sat in a locked file into something repeatable and defensible.
Reporting to LPs runs off the same numbers. ILPA templates, investor financials, and custom reports pull from the ledger that produced them, delivered through an integrated investor portal or fed to advisers through the API.
That is the operational sequence a fund already runs, automated end to end. For the mechanics behind each step, see how to automate fund operations and what fund accounting involves in private markets.