April 28, 2026 — TMF Group has chosen DwellFi for agentic fund operations. Read more

The operating system for fund operations.

Every workflow that has to be right.

Deterministic agents that run within your environment.

Workflows for the way your desk runs.

Pick your firm type. The workflow set updates to that desk.

Your firm
Fund admin
Private credit
Private equity
Venture capital
Hedge fund
Asset manager
Family office

Fund conversion and migration

Move funds off the prior administrator without months of manual re-keying.

Input Legacy GL exports, capital accounts, sub docs, LPAs.

Output Mapped fund data in the new system with reconciled opening balances.

Outcome Re-keying replaced by mapped data with reconciled openings.

Account reconciliation

Three-way matching across bank, custodian and GL. Every break has a reason.

Input Bank statements, custodian positions, GL trial balance.

Output Reconciled cash and positions with a categorized exception queue.

Outcome Recurring break investigation becomes a one-pass review.

NAV close

Position files in, reviewable NAV pack out. Pricing and fees cross-validated.

Input Custodian positions, pricing feeds, fee schedules, side letters.

Output Final NAV with fee schedules and investor-level allocations.

Outcome Position files in, reviewable NAV pack out, audit trail attached.

Capital calls and distributions

Notices generated against LPA terms. Payments tracked from wire to settlement.

Input LP commitments, LPA waterfall, wire details, contribution history.

Output Investor notices, payment tracker, refreshed capital accounts.

Outcome Notice cycle moves from days of coordination to a single approval.

Waterfall and carry

Multi-tier waterfalls with catch-ups and clawbacks, run from the LPA itself.

Input LPA waterfall terms, capital accounts, realized and unrealized P&L.

Output Tier-by-tier waterfall with GP carry and LP distribution splits.

Outcome Tier calculations stop living in Excel and stay tied to the LPA.

KYC and investor onboarding

Sub docs parsed, AML cleared, accreditation checked in one pass.

Input Subscription docs, ID, accreditation certs, W-8 and W-9 forms.

Output Verified investor profile and a complete AML and KYC file.

Outcome Sub doc backlog becomes a same-day clear.

How it works

From source files to reviewable record.

Four stages, one agent. Human review at every step you want it.

1. Ingest
   Files and system data are pulled from where the team already works. Nothing moves.

2. Adapt
   Fund context, client rules, and workflow nuance get applied to the raw data. Side letters included.

3. Reconcile and verify
   Records match, calculations validate, exceptions get isolated before they reach a human.

4. Review
   The reviewer sees the final result with evidence attached. Approve, return, or escalate.

Operating model

Built for work that has to be right.

Regulated operations need ownership and a record that survives audit. Three principles hold the whole platform in place.

01 / Sovereign

Sovereign by design

Deploys inside your environment. Your data never leaves the controls your fund already accepts.

02 / Deterministic

Deterministic by construction

Every number traces back to the input it came from. Same inputs, same numbers, every run.

03 / Owned

Owned end to end

Every layer of the stack is ours, from the file your team uploads to the record your auditor reviews. No vendor sits between you and your filings.

Schedule a demo

See it run on your data.

Bring one workflow and a sample of your fund's data. If you like what you see, we can get a proof-of-value pilot kicked off in less than a week.