ACMA CGMA with direct fund administration experience — Arle Capital Partners (formerly Candover Partners) and Leaf Clean Energy Company. NAV calculations, LP reporting, waterfall modeling, and carried interest tracking for PE and VC fund managers across the US and UK.
No contracts · ACMA CGMA · Ex-Arle Capital Partners · US & UK fund structures
Institutional-quality outsourced fund accounting — from capital call to distribution.
Monthly or quarterly net asset value calculations with full portfolio valuation support. Capital account maintenance, partner allocations, and fund-level financial statements prepared to GAAP/IFRS standards.
Capital call notices, distribution calculations, and LP commitment tracking. Every call reconciled to the LPA terms. Overcall facilities, recycling provisions, and equalization interest handled correctly.
Quarterly LP statements with capital account summaries, IRR, MOIC, DPI, and TVPI. Commitment tracking, distribution history, and remaining unfunded obligations. The reporting institutional LPs expect.
European and American waterfall modeling. Preferred return hurdles, GP catch-up, carried interest allocation, and clawback tracking. Management fee offsets calculated at each distribution event.
Gross and net IRR, MOIC, DPI, TVPI, and RVPI — calculated at the fund, vintage year, and individual deal level. J-curve analysis, PME benchmarking, and attribution reporting for GP and LP consumption.
GP/LP entity consolidation, Cayman feeder structures, and multi-currency reporting across US and UK jurisdictions. Intercompany eliminations, transfer pricing, and consolidated fund-level financials.
Portfolio company cap table management, management fee calculations tied to committed or invested capital, fee offset provisions, and organizational expense tracking across the fund lifecycle.
SEC Form PF data preparation, FCA regulatory reporting support, audit-ready working papers, and K-1/tax allocation schedules. Compliance frameworks for both US and UK registered fund managers.
Transparent pricing. No long-term contracts. Month to month.
Single fund, emerging managers launching Fund I or II.
Multi-fund managers with growing LP base and complex waterfalls.
Complex structures, cross-border funds, and regulatory reporting needs.
30-minute call. We'll review your fund structure, assess your current reporting, and tell you exactly what institutional-quality fund administration looks like for your fund. No pitch — just clarity from someone who's done it at Arle Capital Partners.
+1 (347) 486-4497 · stuart@blackpeakcfo.com
Big 4 fund administrators charge $15K–$40K per month and assign junior staff who rotate every 12 months. You get a process, not a person. With BlackpeakCFO, Stuart Wilson — an ACMA CGMA with direct fund administration experience at Arle Capital Partners — handles your fund accounting personally. Institutional-quality NAV calculations, LP reporting, and waterfall modeling at a fraction of the cost.
Yes. Stuart has direct experience with cross-border fund structures, having worked at Arle Capital Partners (London) and administered the Leaf Clean Energy Company fund. We handle US LP/GP structures, UK limited partnerships, Cayman feeders, and multi-currency consolidation across jurisdictions — with full understanding of both SEC and FCA compliance frameworks.
We calculate and report IRR (gross and net), MOIC (multiple on invested capital), DPI (distributions to paid-in), TVPI (total value to paid-in), and RVPI (residual value to paid-in). All metrics are calculated at the fund level, vintage year, and individual investment level. LP statements include capital account summaries, commitment tracking, and distribution history.
Yes. We model European-style (whole fund) and American-style (deal-by-deal) waterfall structures, including preferred return hurdles, GP catch-up provisions, and clawback tracking. Carried interest is calculated at each distribution event and reconciled quarterly. We also track management fee offsets and GP commitment co-investment.
Ideally before your first capital call. LPs expect institutional-quality reporting from day one — even from a Fund I. If you're preparing to raise, already managing capital, or transitioning from a deal-by-deal model to a commingled fund, you need proper fund accounting infrastructure. Starting right avoids expensive remediation later when auditors or institutional LPs demand it.