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Investors and commitments

The investor registry, authorized signatories, the fundraising pipeline, and how eligibility checks work against a fund's regulatory classification.

Overview

An investor is not the same thing as a contact. NAVdryx keeps the LP investor — the entity or individual with the commitment — distinct from the people at that investor who can act on its behalf. That distinction is what makes authorized-signatory enforcement possible: the platform knows not just who is associated with an investor, but which of them are actually allowed to sign.

The investor registry

Each investor record carries its contacts by role — signatory, finance contact, general correspondence — alongside the commitment itself. A finance contact can view statements and documents; only an authorized signatory can execute a subscription, consent, or transfer. This is not a UI convention that a determined user could work around: the check is enforced at the workflow level, so a non-signatory contact attempting to execute is blocked and the attempt is recorded in the audit trail.

Commitments and the fundraising pipeline

Before a commitment is a commitment, it is a prospect moving through a lightweight pipeline: prospect, contacted, NDA, data room, soft circle, committed, closed. Each stage carries a date, an amount, an owner, and notes, and soft-circle amounts are versioned as they change during the raise — which they usually do. Once an investor closes, its commitment becomes the figure every downstream calculation (capital calls, fee bases, ownership percentages) is measured against.

Eligibility and regulatory classification

A fund’s regulatory classification — 3(c)(1), 3(c)(7), or non-US — is set on the fund record and drives the eligibility checks NAVdryx runs as an investor moves toward subscription. This keeps the eligibility question attached to the fund it actually applies to, rather than living as a rule someone has to remember to apply by hand every time a new LP closes. The subscription workflow itself — the checklist, the approval chain, and e-signature capture — is covered in Onboard an investor.