Your LPs shouldn't have to email you for their numbers
Most fund managers spend 3 to 5 days every quarter compiling LP statements by hand — one LP at a time, formatted and emailed individually. Folio replaces the from-scratch formatting with a ready-to-send template pulled from live fund data, and gives every LP a portal where they can check their current position anytime — not just when an update goes out.
Ready-to-Send LP Update Templates
Fund data populates a pre-built LP update template — capital drawn, distributions paid, current NAV, next capital call — so sending an update takes minutes instead of days of manual formatting.
Fund Performance, Always Current
TVPI and DPI are tracked at the fund level and stay current as capital moves, so you're never presenting a stale number to LPs or your team.
Self-Service LP Portal
LPs get 24/7 access to their current position, NAV, capital call records, and distribution history — without emailing anyone on your team.
Every Document, One Place
Capital account statements and tax documents sit alongside performance updates in the portal, so LPs aren't hunting across email threads for year-end paperwork.
Why Incentiv for LP reporting?
From a 3-day reporting sprint to a ready-to-send template
A fund manager closing out quarterly reporting for a fund with twelve LPs knows the sequence: NAV is reconciled, capital calls and distributions are accounted for, and then the actual reporting begins — pull each LP's figures, build their update, format it, email it individually, repeat eleven more times. That's 3 to 5 days of work before a single LP has seen a number. With Folio, the fund manager still sends the update, but the formatting step disappears — fund data populates a ready-to-send template, and every LP also has a portal where they can check their current position independently, any time.
- 1Fund data is reconciled and marked current in Folio
- 2A ready-to-send LP update template is populated automatically — commitment, drawn capital, distributions, fund-level NAV/TVPI/DPI, and next capital call date, pulled from live fund records
- 3The fund manager reviews and sends the update — minutes of work instead of days of formatting
- 4LPs can also check their current position in the portal anytime, independent of when the last update was sent
Common questions about LP reporting
How long does it take to send an LP update with Folio?
Folio populates a ready-to-send update template from live fund data — commitment, drawn capital, distributions, current NAV — so sending an update takes minutes instead of the 3-5 days most fund managers spend formatting statements by hand each cycle.
Can LPs access their capital account statements and tax documents online?
Yes. Capital account statements and tax documents are available in the LP portal alongside performance updates, so LPs can access and download them at any time without requesting copies from the fund manager.
Are TVPI and DPI reported separately for each LP, or only at the fund level?
At the fund level. TVPI and DPI are calculated for the fund as a whole and stay current as capital moves — LPs see the same fund-level performance figures, alongside their own commitment, drawn capital, and distribution history in the portal.
Ready to simplify your LP reporting?
Book a demo and we'll walk through how LP update templates and the self-service portal would work for your fund.