Fund Accounting
Complete books and records for funds and management companies: general ledger, management fee and expense calculations, waterfall and carried interest modeling.
Institutional-grade administration. Personal-scale attention.
Fund accounting, investor reporting, and back-office operations for private capital funds.
- 90+ years combined experience
- Fund accounting to K-1s
- Built for emerging managers
Everything your back office should be doing, without building one.
Capital Calls & Distributions
End-to-end capital activity. Call and distribution calculations, LP notices, and tracking of commitments, contributions, and unfunded balances.
Investor Reporting
Quarterly capital account statements and reporting packages your LPs can actually read. Delivered on time, every quarter.
Financial Statements & Audit Support
Annual financial statements prepared under U.S. GAAP (ASC 946) and full coordination with your auditors, from PBC list to signed opinion.
Tax Coordination
K-1 process management and year-round coordination with your tax preparers, so filing season is not a fire drill.
Investor Onboarding
Subscription document processing, investor data management, and KYC/AML coordination for closes and transfers.
Built for funds that outgrew the spreadsheet before they could justify a back office.
Emerging managers raising a first or second fund. Independent sponsors institutionalizing deal-by-deal structures. Permanent capital and evergreen vehicles. Lower middle market buyout, real estate, and private credit funds. If your fund is too important for a ticketing queue and too lean for a full internal finance team, Aspen was built for you.
Emerging ManagersIndependent SponsorsPermanent CapitalBuyoutReal EstatePrivate Credit
Four things we refuse to compromise.
Clarity
Reporting exists to be understood. We write capital account statements and notices your LPs can read without calling you.
Trust
Our team has sat on the GP side: running closes, answering LP questions, preparing for audits. We administer funds the way we would want ours administered.
Stability
The same senior professionals on your account, quarter after quarter. The person you meet is the person who does the work.
Efficiency
Institutional process without institutional overhead. Right-sized engagements, priced for funds that count every basis point.
Aspen is an independent fund administration firm based in Virginia. Our professionals bring more than 90 years of combined experience across fund operations, fund accounting, and regulated financial services. We keep our client roster deliberately small, because white-glove service does not scale by adding tickets to a queue.
Tell us about your fund.
Share your structure and where you are in its lifecycle. We respond within one business day.