Allocator Desk
LP diligence and relationship memory for institutional investment teams.
Capture every signal, track every deadline, and preserve the reasoning behind every manager decision.
Built for allocator workflows
Diligence playbooks, IC synthesis, and decision journals
Obligations tracking, document review, and audit packages
Latest insights
Fund Terms
Distribution Waterfalls, Carry, and Clawbacks: What LPs Actually Get Paid
Headline terms tell you the shape of the deal. The waterfall tells you what you actually get paid. A tier-by-tier guide with worked examples.
Performance & Reporting
Capital Account Statements and K-1s: An LP Guide to Reconciling the Numbers
NAV, tax capital, outside basis, and cash can tell different stories about the same fund. A detailed guide to reading the records without forcing the wrong numbers to match.
Allocator Strategy
LP Types Compared: How Endowments, Pensions, Foundations, Family Offices, and Insurers Actually Invest
Every limited partner buys the same funds. Almost none of them buy for the same reasons. A guide to how liability structure, governance, and reporting obligations shape allocation behavior across the five major LP types.