LP Communication Drafts
Your agent auto-generates quarterly LP update letters with aggregated portfolio performance, notable exits, fund-level metrics (TVPI, DPI, IRR), and market commentary — formatted in your firm's template.
LP updates are the least favorite task for every GP.
You're aggregating data from 20+ portfolio companies, calculating fund-level returns, writing market commentary, and personalizing for different LP tiers. According to Preqin's 2024 LP Survey, 68% of LPs say they don't receive updates frequently enough — yet GPs say it takes 4-6 hours per quarterly letter.
The result: updates get delayed, LPs lose confidence, and re-ups become harder. Every quarter, the same painful cycle repeats.
Pulls from your portfolio stack. Calculates fund-level returns automatically.
After quarter-end, your agent pulls portfolio company summaries from the health dashboard, fund accounting data including TVPI, DPI, IRR, and cash-on-cash returns, recent exits or markups, capital calls and distributions, and market data for commentary.
It formats everything in your firm's template with proper LP-tier customization — anchor LPs get more detail, smaller LPs get the standard version. No spreadsheet wrangling. No copy-paste from 20 different sources.
Every section your LPs expect. Pre-written and data-backed.
Fund performance summary with TVPI, DPI, and net IRR benchmarked against your peer group. Portfolio highlights covering the top 3 performers with growth metrics. New investments this quarter with thesis summaries. Follow-on investments and the rationale behind each.
Notable exits or markups with return multiples. A 2-3 sentence market outlook pulling from macro data. And a capital account summary personalized per LP — showing their specific commitment, contributions, distributions, and NAV.
Draft drops 2 weeks before your planned send date. You review and send.
Two weeks before your planned send date, the agent drops completed LP letter drafts — formatted in your firm's template, with fund metrics calculated and portfolio highlights written. You review, add personal notes for key LPs, and send.
Total time: 30 minutes instead of 4-6 hours. Your LPs get consistent, data-rich updates — and you stop dreading quarter-end. No more last-minute scrambles. No more stale data in a letter that goes out 6 weeks late.