For Emerging Managers — Segmental AI

The problem

What slows a new fund down

Assembling a back officeBefore the first close you need counsel, an administrator, an accountant and a bank, and someone to stitch their work together.

Institutional investors expect institutional operationsLarger LPs look for proper fund documents, a recognised administrator and clean reporting before they commit.

No view of your own fundSubscriptions, capital calls and expenses sit in emails and spreadsheets, so you ask your providers for every update.

How it works

Three partners, one record

Each partner does what it does best, and all of them work from the same fund record.

Fund formation law firmStructures the fund, drafts the LPA, PPM and side letters, and reviews every subscription document.

Fund administratorRuns fund accounting, NAV, capital account statements, investor services and KYC/AML.

The Segmental platformHolds the one record everyone works from, runs the agents that do the checking, and gives you a live view of the fund.

Coverage

Everything a new fund needs

Formation and onboardingFund terms from your term sheet, a guided subscription for every investor, and KYC and tax forms collected once.

Capital calls and distributionsEach investor's share calculated under the LPA and side letters, notices drafted for approval, and money received tracked.

Accounting and NAVFund accounting by your administrator, with capital accounts, fees and NAV checked against the fund terms.

ReportingFinancial statements and investor statements checked before they go out.

Side letters and obligationsEvery side letter term and obligation tracked, and the MFN process run after closing.

A live view of your fundSubscriptions in progress, money received, capital called and expenses against their caps, as they happen.

THE PLATFORM

One platform under the whole team.

Your documents and data become a knowledge graph, and a rules engine applies the fund's terms the same way every time, for you and every provider.

05 · For emerging managersFour products

Each one runs on the same foundation and ends every case the same way: resolved, flagged, request drafted or escalated.

Every expert decision updates the rules

04 · Our IPRules engine

Tens of thousands of deterministic rules, learned from your documents and procedures. Every result links to its evidence, and the rules keep improving as your experts approve or correct them.

03Knowledge graph & ontology

Links facts and concepts across every source, so “MGMT fee” in one file and “management fee” in another mean the same thing.

02Extraction

Pulls the facts out of every document and record, each one tied to the page it came from.

01Data

PDFs, spreadsheets, emails, transactions and legacy systems. Structured and unstructured, often a decade or more of it.

People in the loopYour experts approve the facts and rules before they are used.Layers 02–04

Inside your wallsAll five layers run in your own environment. How deployment worksAll layers

How the platform works

Growth

Built to grow with you

Start with your first closeLaunch with the full team in place, even for a first fund or an SPV.

Bring your own providersAlready have counsel or an administrator? They can work on the same platform.

Scale without switchingAs the fund grows, the same record, rules and providers come with you to the next vintage.

Plan your first close.

Tell us about your fund and your timeline. We will bring the right administrator and law firm into the conversation.