Private Equity Accounting Overview

Excelor provides accounting software and services to a private equity’s internal operations below the fund level within the general partner space.  We have experience installing, maintaining and servicing private equity accounting software for various funds.

Components of Private Equity Accounting Below Fund Level 

Our private equity accounting and reporting clients have used our solutions for the following private equity internal operations:

  1. Portfolio Company Accounting
  2. Investment Accounting- even when a fund is not actively involved within a portfolio company, basic portfolio accounting information needs to be loaded into an internal private equity accounting system to help manage the investments.
  3. Management Company Accounting
  4. Special Purpose Vehicle/Entity (SPV/SPE)
  5. Limited Partners – are requesting more documentation/information about the portfolio companies.
  6. Replicate Fund Accounting- some private equity firms decide to replicate the fund accounting. This is complex and increases the work load. In addition, it is not a one to one mirror but still very helpful for the fund.

  It is also important to note that we do not do the following:

  1. Fund Accounting
  2. Fund Administration
  3. Partnership Accounting

Benefits of Private Equity Accounting Below Fund Level

Provide flexible inexpensive solutions-

  • other software solutions are customized and very expensive
  • our solutions use Microsoft products that we configure for your requirements

Reduce internal private equity operational costs-

  • by creating a more efficient process costs are always lowered
  • ongoing costs are more inexpensive for existing software

Increase productivity-

  • virtually eliminate CFO and controller’s time converting and modifying excel spreadsheets from QuickBooks
  • verifying excel spreadsheet data for accuracy
  • accessing correct reports quickly
  • providing more time for the finance team to conduct analysis

What are some of the accounting challenges private equity firms face?

How does Excelor solve this?

For more information please contact us.

*Due to the nature of our industry, Excelor has non-disclosure agreements with all of our clients. Your email is considered confidential and private.

Firm Examples

  • Performed due diligence to determine best accounting software and installed solution for a  $1B AUM Private Equity fund to handle more than 75 portfolio companies.
  • Installed solution for $5B AUM private equity fund which streamlined their accounting and helped provide the proper reports easily.