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NAVdryx docs

Getting started

How a fund gets set up in NAVdryx: how your organization is created and run, 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. There is no public sign-up: NAVdryx creates your organization, with the modules in your agreement switched on, and emails your first administrator an invitation. The link works once, for seven days. Accepting it sets a password; the administrator then signs in and sets up two-factor sign-in with an authenticator app, which every GP-side user does at their first sign-in. It is required, not optional.

From then on your organization admin runs the organization. From Admin › Users they invite 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 assign each person a role. From Admin › Settings they switch modules on or off, set session timeouts, and decide whether LP-side users must use two-factor sign-in. 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 — recorded for reference; it does not yet drive investor eligibility checks

These fields are not just descriptive: capital events must be in the fund’s base currency, and capital account runs, reports, and performance metrics read it 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, with an amount on each entry. The amount is set when the entry is created; updating a soft-circle amount as a raise progresses is not yet available. A basic CRM alongside the pipeline tracks contacts, firms, 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: