PRIVATE EQUITY & VENTURE CAPITAL FUND ACCOUNTING
Fund Accounting Built for the Complexity of PE & VC Structures
Capital calls, waterfall calculations, LP reporting, carried interest allocations — PE and VC fund accounting isn't just bookkeeping.
STP has administered over $500 billion in assets since 2008, giving private fund managers the accuracy, transparency, and LP-ready reporting their investors expect.
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Your LPs Expect Accuracy. Your Operations Have to Deliver It.
Private equity and venture capital fund accounting involves layers of complexity that generic administrators aren't built to handle. Waterfall calculations that need to be right the first time. Capital call and distribution notices that can't be late. LP statements that have to reconcile cleanly across fund vehicles and investor classes. When the back office isn't keeping pace, it doesn't just create internal headaches — it creates LP relationship risk.
STP's fund accounting services are built specifically for private fund structures, backed by our proprietary BluePrint platform and dedicated U.S.-based service teams who are embedded in the day-to-day work of funds like yours.
Fund Accounting &
Reporting
- Books and records maintenance
- NAV and GAV calculations
- Capital call and distribution processing
- Waterfall and carried interest calculations
- Fund expense management and fee calculations
- Financial statement preparation
- Audit-ready reporting and tax coordination
Investor
Services
- LP onboarding and account setup
- Subscription and redemption processing
- Capital activity tracking and investor statements
- Feeder fund expense tracking and investor-level fees
- Digital LP portal via BluePrint
- Income allocation and investor reporting
Compliance & Regulatory Support
- Form ADV, PF, and D preparation
- Blue Sky filings
- Audit and tax coordination
- Tailored regulatory reporting
Fund Structures We Support
Private Equity Funds
Venture Capital Funds
Fund of Funds
Real Estate Funds
Hedge Funds
40 Act Funds
(Shadow Accounting)
Beyond the Selection: A Toolkit for Ensuring Success with Your Fund Administrator
This guide aims to help address an issue many fund managers face after selecting a provider - the disappointment of having made the wrong choice.
Why PE and VC Managers Choose STP
$500B+
17 Years
U.S.-Based
1 Platform
LP reporting that's always ready
BluePrint's digital investor portal gives your LPs clean, timely access to statements and documents without manual prep on your end
Waterfall and allocation accuracy
Dedicated accounting teams experienced in complex PE/VC structures, not generalists working from a template
Audit prep that doesn't derail your team
Systematic workflows and complete audit trails mean year-end is a process, not a fire drill
Compliance built in, not bolted on
Form ADV, PF, Form D, and Blue Sky filings handled alongside your accounting, not by a separate vendor
Scale without adding headcount
Whether you're launching your first fund or managing multiple vehicles, STP's infrastructure grows with you
PERSPECTIVES
Fund Administration Insights for Smarter, Scalable Operations
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A Toolkit for Ensuring Success with Your Fund Administrator
Choosing the right fund administration service provider is crucial for your firm's efficiency and success. If you're disappointed with your current provider, download our eBook, "Beyond the Selection: A Toolkit for Ensuring Success with Your Fund Administrator," to learn how easy it is to enhance your operations by switching to STP Investment Services.
Built for Private Fund Structures. Not Retrofitted for Them.
Many fund administrators are built for hedge funds and extended their service offering to PE and VC. STP serves private fund managers as a core part of our business — meaning our technology, workflows, and team expertise are designed around the capital call cycles, illiquid valuations, and LP reporting cadences that define your operations.