QuantisticAI

LP fund administration has a documentation problem: every GP delivers capital account statements, distribution notices, and funding calls in a different format, and reconciling them against LPA terms is work that falls to whoever has the most spreadsheet tolerance. Quantistic’s platform ingests those documents — LPAs, capital call notices, quarterly reports — extracts the operative terms, and runs fee and waterfall calculations against recorded cash flows. The core workflow is document upload, term extraction with human confirmation, and then ongoing monitoring of key dates, distributions, and funding calls from a single dashboard.

The differentiating feature is source-cited analytics. Rather than producing a figure and asking you to trust it, the platform ties each calculated number back to the clause in the LPA that drove it. For audit trails, LP compliance reviews, or simply defending a waterfall calculation to a GP, that citation layer replaces the manual footnoting that otherwise eats associate hours.

The platform fits family offices and small institutional LPs that sit below the threshold where a dedicated portfolio system like Allvue or Yardi makes economic sense, and above the threshold where a spreadsheet is survivable. It does not fit teams whose fund structures routinely involve non-standard mechanics — complex multi-tier waterfalls, side-pocket allocations, or fund-of-funds nesting — where document parsing accuracy becomes the constraint. At that point, teams either maintain a parallel spreadsheet for the edge cases or migrate to a purpose-built system with manual configuration. Self-hosting is not an option, and API access means some teams can push data downstream to existing reporting stacks, though the vendor page does not detail which endpoints are exposed.