Private equity fund accounting & administration

U.S. fund administration expertise. Offshore economics.

LedgerBridge prepares partner capital statements, capital call and distribution notices, and waterfall calculations for U.S. private equity managers and administrators — overnight, reviewed to administrator standards, at a fraction of onshore cost.

The overnight cycle

6:00 PM ET — you assign our workday — we prepare & review 9:00 AM ET — delivered

Services

Three ways to add fund accounting capacity

White-label administration support Production capacity for boutique fund administrators, delivered under your brand and review: PCAP preparation, capital call and distribution notices, management fee and waterfall calculations, quarterly workpaper packages, and investor portal maintenance. retainer / dedicated analyst
Emerging manager back office A complete outsourced fund accounting function for self-administering managers: fund and SPV bookkeeping, closes, LP reporting packages, capital account maintenance, and audit support from PBC lists through confirmations. fixed monthly / fund
SPV & co-investment administration Per-entity administration for independent sponsors, co-investment vehicles, and continuation funds: investor statements, allocations, distribution calculations, and entity-level books — for vehicles too small to interest institutional administrators. flat fee / entity

How it works

Your quarter-end, without the overtime

End of your day

Assign

Send workpapers, data, or system access by the end of your business day. We work inside your environment — your Intacct, Investran, Allvue, or Excel templates — so nothing leaves your control.

While you sleep

Prepare & review

Our analysts prepare during the Central European workday. Every deliverable passes a four-eyes review by a senior fund accountant before it leaves the firm. No exceptions.

Before your morning coffee

Delivered

Reviewed deliverables are in your inbox by 9:00 AM Eastern, formatted to your standards and ready for your final sign-off.

Why LedgerBridge

Offshore pricing is common. Fund-admin fluency is not.

Built by a U.S. fund administrator

Our training and review standards come from years inside a leading U.S. third-party administrator servicing private equity clients — not from a generalist outsourcing playbook.

We speak PCAP, not just debits and credits

Capital accounts, management fee offsets, recycling provisions, European and American waterfalls — the vocabulary and the mechanics are our native ground.

Security before salesmanship

Work happens in client-controlled systems under least-privilege access. MFA everywhere, encrypted managed devices, staff confidentiality agreements, and a SOC 2 roadmap.

Trained, not just hired

Every analyst completes the LedgerBridge Academy — a structured program in fund structures, capital accounting, and notice preparation — before touching client work.

From the founder

"I spent years of my career preparing and reviewing the exact deliverables our clients hand us today — capital statements, notices, fee calculations — at one of the largest fund administrators in the U.S. I started LedgerBridge because this work doesn't need to cost what it costs onshore. It needs people who understand funds, a disciplined review process, and a time zone that works while you sleep."

— Founder & Managing Director, LedgerBridge Fund Services

Contact

Start with one fund, one quarter-end.

A paid pilot is the fastest way to see the work: one fund or one reporting cycle, delivered to your standards, with no long-term commitment. If it's not flawless, walk away.