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NAVdryx docs

Getting started

How a fund gets set up in NAVdryx: organization and roles, the fund record, the entity hierarchy, the GP commitment, and the fundraising pipeline.

Before you begin

Every fund lives inside an organization — the tenant boundary that isolates your data from every other manager on the platform. An organization admin invites the rest of the team (fund manager, fund accountant, fund controller, IR or relationship owner, and any outside auditors, tax advisors, or counsel you want to give scoped access to) and assigns each person a role. GP-side users enroll in multi-factor authentication as part of accepting their invite; it is required, not optional. See Security and trust for how roles, tenancy, and authentication fit together.

Create the fund record

The fund record is the anchor everything else attaches to. Setting it up means recording:

  • Vintage year and fund type (private equity, venture, or another strategy)
  • Base currency and fiscal year-end
  • Reporting basis — US GAAP or IFRS
  • Regulatory classification — 3(c)(1), 3(c)(7), or non-US — which drives the investor eligibility checks the platform runs during subscription

These fields are not just descriptive: fee proration, reporting periods, and eligibility gates all read from the fund record, so getting them right at setup saves rework later.

Build the entity hierarchy

Real fund structures are rarely a single legal entity. NAVdryx models the full set: the fund LP itself, the general partner entity, the management company, a carry vehicle, and — where the structure calls for them — alternative investment vehicles, feeders, blockers, special purpose vehicles, and co-investment vehicles. Each entity carries its own jurisdiction, tax ID, registered agent, and good-standing status, so the chart of who-is-who stays accurate as the structure grows. See Funds and vehicles for what each entity type is for.

Add the GP commitment

The general partner’s own commitment is a first-class record, tracked separately from LP commitments from the day the fund is created. The GP entity and the management company each get their own capital accounts alongside every LP’s, so the GP side of the cap table is never an afterthought bolted on at reporting time.

Track the raise

While the fund is fundraising, a lightweight pipeline tracks prospective LPs through prospect, contacted, NDA, data room, soft circle, committed, and closed — each entry carrying its date, amount, owner, and notes. Soft-circle amounts are versioned, because they change as a raise progresses. A basic CRM alongside the pipeline tracks contacts, firms, the relationship owner, and an activity timeline, which is enough for a manager raising a fund without pulling in a separate CRM product.

What's next

Once the fund, entities, and pipeline exist, the next steps are usually: