The following features and improvements are now live in FundPanel:
Hide From Roll-Up Calculations
Now with Hide From Roll-Up Calculation, Capital Calls, Distributions, and Capital Accounts can be excluded from rolling up into calculations on the Investor Portal and in Investor Relations.
If Hide From Roll-Ups is selected on a Capital Call, that Capital Call will be excluded from:
Investor Portal Overview Tab: Total Called, Estimated Value, Estimated TVPI, and Combined Fund Performance graph
Investor Portal Funds Tab: Total Called and Percent Called
Investor Portal Commitments Tab: Total Called, Total Called (Due), Total Called (Paid), Total Over/(Under) Paid
Fund Detail: Total Called, Total Called (Due), Total Called (Paid), Total Over/(Under) Paid, Percent Called
Commitment Detail: Total Called, Total Called (Due), Total Called (Paid), Total Over/(Under) Paid
Fund Metrics: TVPI, DPI, Net IRR
If Hide From Roll-Ups is selected on a Distribution, that Distribution will be excluded from:
Investor Portal Overview Tab: Total Distributions, Estimated Value, Estimated TVPI, and Combined Fund Performance graph
Investor Portal Funds Tab: Total Distributions
Investor Portal Commitments Tab: Total Distributions
Fund Detail: Total Distributions
Commitment Detail: Total Distributions
Fund Metrics: TVPI, DPI, Net IRR
If Hide From Roll-Ups is selected on a Capital Account, that Capital Account will be excluded from:
Investor Portal Overview Tab: Estimated Value, Estimated TVPI, and Combined Fund Performance graph
TVPI, Net IRR
When creating a new Capital Call, Distribution, or Capital Account, Save As Draft will be auto-selected, which hides the object being created from both displaying as a new object in the portal and from rolling-up into calculations on the portal.
A new list view has been created on Capital Calls, Distributions, and Capital Accounts on the Fund Details tab to easily see which objects are Hidden from Portal and/or Hidden From Roll-Up Calculation.
The Manage Visibility Button can be used to easily manage both Portal Visibility and Hide From Roll-Up across all Capital Calls, Distributions, Capital Accounts, and Documents.
Gross IRR Summary Button and SOI Updates
- A new button has been added to the Fund to automatically generate a comprehensive Gross IRR Transaction Summary.
- The Gross IRR Summary can be saved and downloaded as a PDF or as an excel file.
Schedule of Investments Realized filter updated:
Realized formula updated to correctly filter in only realized transactions.
Updated to use Shares Sold instead of Number of Shares.
Fund Manager Resources
A folder has been added to reports called “Fund Manager Resources”.
This folder contains critical reports clients can use in conjunction with the Analytics Dashboard to further break down information and enable them to self-serve on critical information they need in a format customized for Fund Managers.
When clients are given Analytics Dashboard access they will now see an additional tab with Fund Manger Resources.
Reports include:
Capital Call tracker to track payment status of live calls.
Investor Contacts and Commitments to see Commitment breakdown and contact list by LP in one consolidated view.
Portfolio reports by Sector and Location to view their Portfolio based on the industry or domicile.
Metrics reports to break down the data contributing to metrics they see on the Analytics Dashboard.
Portal Document Link Updates
If a Document is linked to in a Communication and it is hidden, a warning will appear to let the user know the Document is hidden from the Portal.
Validation is included in Communications so that if a link to a Document exists in the body and that Document is hidden, it will show an error and not allow the user to send the communication
Analytics Dashboard Bug Fix
The DPI and TVPI widget on the fund details tab has been updated to fix a client flagged issue