Following the steps below will allow you to use the FundPanel investor portal as a data room.
TABLE OF CONTENTS
- Step 1: Activate the Fundraising Tab
- Step 2: Create a Fund or Entity
- Step 3: Assign Commitments
- Step 4: Upload Documents
Step 1: Activate the Fundraising Tab
First, you will need to turn on the Fundraising tab. This can be done from the admin section of the investor portal. Detailed instructions for activating the tab this can be found on this article. It is important to note that the admin section of the investor portal allows you to rename this tab as per your preference.
Step 2: Create a Fund or Entity
If you have not already created the fund or entity for which you want to host documents, you will need to do so. If your fund is already created in the system, you may wish to still create a separate fund for fundraising purposes. This will allow you to maintain a better distinction investors with data room access and investors are already subscribed to the fund.
Step 3: Adding the LPs and Assigning Commitments
The LPs will need to be created in FundPanel if they do not yet exist. Please refer to this article for the process of creating any records you might need to represent the LP in FundPanel.
Next, assign $0 commitments to the fund for Limited Partners (LPs) whom you wish to view the fundraising documents. This commitment will allow the LP to be activated as a portal user, granting them access to the data room hosted on the investor portal.
Step 4: Upload Documents
Finally, use the document uploader on the Fund level to post the documents. Detailed instructions on how to upload portal documents at the fund level can be found at this link.