Support for tracking Private Equity

Roadmap Released
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1

Users can track their participation in P.E. funds, startup investments and similar.

Specific transaction types are needed, like Capital Call, Return of Capital, and others.

Some reference: Modeling limited partnership investments

Modeling limited partnership investments
2

Hi there - really appreciate Capitally and all the features you are pushing out!

Any update on the Support for tracking Private Equity above. Added my vote :slightly_smiling_face:

3

Hey @Tord , I’ll be able to share a more concrete plan once it moves to the Next phase.

I’m now refactoring the system to handle cash tracking, Avg cost basis, liabilities and options to name a few. I’ll probably some new transaction types in the process, so it will already be more feasable for P.E.

I already have a plan in place to include committed capital tracking in the new model.

So slowly, but surely, it will come out one day :wink:

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Hey there, for those who’re looking forward to it, what types of transactions you would like to track? Do you use any apps or sheets for this purpose right now?

5

Hi I can share a more detailed sheet later (on holiday) but the below is a great start! Happy to discuss / prioritize. I can also share some sample more details with you directly via email.

Must-Have Features

Fund Overview

  • Fund name

  • Total commitment

  • Capital called to date

  • Remaining commitment

  • % called

  • Current NAV (based on latest valuation)

  • DPI, TVPI, IRR (calculated automatically)

Purpose: Summarize performance and exposure per fund.

Much of this I think is covered already in custom assets, but need some particulars

Transactions Log

  • Date

  • Type (Capital Call, Distribution, Valuation, Fee)

  • Amount (NOK)

  • Units/Shares (if applicable)

  • NAV per Unit (for valuations)

  • Notes (free-text context field)

Purpose: Core record of all cash and non-cash movements to support performance tracking and reconciliation. Each payment in does not award any further shares, simply prorata increases my total value per share.

Core Calculations

  • Paid-In Capital (sum of calls)

  • Distributions (sum of positive cash flows)

  • NAV (units Ă— NAV per unit)

  • IRR via XIRR()

  • DPI = Distributions / Paid-In

  • TVPI = (Distributions + NAV) / Paid-In

Nice-to-Have Features

Planned vs. Called Capital

  • Planned call date & amount

  • Actual call date & amount

  • Status (Planned / Executed)

  • Notes
    → Useful for liquidity planning and pacing analysis.

FX and Currency Support

  • Base and fund currency

  • Exchange rate per transaction
    → Helpful if investing across currencies.

Charts & Dashboards

  • Cumulative calls vs. distributions

  • Value over time

  • Portfolio-level DPI / TVPI

4.Document Links

  • Ability to link LP reports, call notices, or distribution letters.
1 Like
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Thanks for this list, it’s really helpful! Once you have some time, you can send an example to support@mycapitally.com - I’d especially love to see a set of typical transactions throughout a fund’s life - so I can understand it better from your perspective and have something grounded to experiment with.

7

Just shared an example from a recent investment. Note that it has not started any distributions. I can provide other examples of this upon request.

Let me know when you have had a chance to review - feel free to take the rest directly via email.

8

I am assuming “traditional” funds at current where each fund is raised standalone; there is an emerging trend for evergreen funds / perpetual funds. Others may want funcitonality for this but I propose this is put on the roadmap.

9

The first alpha version is almost ready. You can already enable the Early Access flag so you’ll see the new transactions and metrics once they land!

10

The initial version of Private Equity is now available under 2.39.1. To use it, you need to be on Captain or Founders plan, or still on trial. Plus, you need to enable it in Settings → Early Access.

Once done, you can add the new Private Equity asset type, record Capital Commitments, realize Capital Calls (via regular buys, but they’re labeled as Capital Call for P.E.) and Return of Capitall (via Dividends, labeled as Distributions for P.E.).

When you enter a P.E. asset or P.E. asset type in portfolio, you will see an additional metric tab with TVPI, RVPI, DPI and commitment metrics.

Please let me know here or on support@mycapitally.com about your experience with this feature so it can be polished before being released to everybody.

1 Like
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It’s released now!