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Prop Capital

Investor capital, computed correctly.

Three-step waterfall distributions with full audit trails. Because 15-25% of manually computed waterfalls contain errors.

15-25% of manual waterfalls have errors

What Capital Does

  • 3-step waterfall calculations
  • Investor portal and communications
  • K-1 preparation assistance
  • Distribution modeling
  • Capital call management
  • Commitment tracking

What Capital Doesn’t Do

  • Provide tax advice
  • Replace your fund administrator
  • File regulatory documents
  • Manage bank accounts

Everything in Capital

Waterfall Calculator

Model 3-step preferred return waterfalls with catch-up provisions, hurdle rates, and promote splits — all with line-by-line audit trails.

Investor Portal

Give LPs a branded portal with real-time capital account balances, distribution history, and document access.

K-1 Preparation

Aggregate partner allocations and generate K-1 supporting schedules, reducing tax season coordination by weeks.

Distribution Modeling

Run scenarios across exit timing, sale price, and hold period to show investors projected returns under multiple assumptions.

Capital Call Management

Issue capital calls, track contributions, and reconcile wires with automatic notices and deadline tracking.

Commitment Tracking

Monitor unfunded commitments, contribution schedules, and investor capacity across your entire portfolio of deals.

Intelligence in Capital

Waterfall Verification

Cross-check every distribution calculation against the operating agreement terms, flagging discrepancies before capital moves.

Investor Communication Drafts

Generate quarterly investor letters with performance metrics, property updates, and distribution summaries pulled from live data.

Distribution Anomaly Alerts

Detect unusual patterns in capital flows — missed contributions, allocation mismatches, or waterfall tier errors — before they compound.

What Capital Replaces

Excel waterfall spreadsheets15-20 hrs/quarter
Manual investor reporting10+ hrs/quarter
Email-based capital call tracking5-8 hrs per call

Ready to See Capital in Action?