Gridline

TL;DR: I’m excited to announce the launch of Gridline Custom Funds, providing investment advisors and multi-family offices with the tools to efficiently construct and manage private funds. This solution centralizes fund operations (admin & treasury), offers unprecedented customization and flexibility (feeders, FoF, direct/co-invest), streamlines portfolio reporting (firm and client level), and significantly reduces costs. Turnkey, from KYC to K-1. –-- Alternative investments have become fundamental to successful long-term portfolios, yet the process remains riddled with inefficiencies. We recognized that the outdated systems provided by legacy service providers are not scalable for private wealth (half of global AUM) and frankly, the user experience is so poor that you wouldn’t want to scale it. Our team solved this problem, creating the industry’s leading technology platform for building and managing portfolios of alternatives, and we are now making the technology available to investment advisors and multi-family offices with the launch of Gridline Custom Funds. Our Custom Funds solution empowers advisory firms to efficiently and cost-effectively build and manage their own private funds. This comprehensive offering handles all aspects of fund formation and management while removing the administrative burden, allowing you to focus on investment strategy, manager selection, and client relationships. A few notable highlights on the offering: ??Centralization of Fund Operations: By integrating fund formation, compliance, treasury management, fund administration, and performance reporting, we eliminate the need for multiple vendors or internal coordination efforts that consume valuable time and resources. ???Customization and Flexibility: Fully customizable to meet the specific goals of your clients and operational structure. Whether it's feeder or multi-manager funds, co-investments, varying fee structures, or unique call schedules, our platform scales to fit your needs. ??Advanced Reporting Capabilities: Automated performance reporting at both the firm and individual client level (down to underlying holdings), designed to facilitate more informed decision-making and client engagement. ??Cost Efficiency: By automating routine administrative tasks and digitizing key transaction elements, Gridline significantly reduces overhead and operational expenses. Working with Gridline is not merely about selecting a software vendor; it's about forming a partnership. Our commitment is to ensure advisors not only keep pace with industry demands but set new standards in client service and investment excellence. If you're looking to expand your private market investment offerings in a high-quality and efficient manner, we’re here to help. Contact me at [email protected].

We are excited to announce the close of our inaugural GP Stakes fund with $3.3B in capital commitments – the largest-ever debut GP Stakes fund dedicated to private market strategies. ? We thank our investors and general partners for their support and trust. ? Read more about the fundraise in The Wall Street Journal: