Solutions
Switch fund administrators without adding a second one.
Ledra becomes your Fund Administrator. Separately retainable transaction tools may stay where they already work — when that boundary can be confirmed.
The short answer
Ledra replaces the Fund Administrator.
Ledra replaces your incumbent Fund Administrator and becomes the single accountable owner of your books, reconciliations, investor statements and notices, K-1s, and LP reporting. Where subscription acceptance, banking, wiring, or money movement can be retained independently, a Transactional Provider may continue to handle those capabilities — only after Ledra confirms that operating boundary during onboarding.
What Ledra owns
Books, reconciliations, investor statements and notices, K-1s, and LP reporting — one accountable Fund Administrator, not a second books layer.
What may remain
Transactional capabilities, when they stay separate.
A Transactional Provider may remain only for subscription acceptance, banking, wiring, or money movement that can be retained independently. Ledra confirms that operating boundary during onboarding — coexistence is never assumed, and capabilities are not unbundled by default.
Subscription acceptance
LP subscription and acceptance workflows that already run on a transaction platform.
Banking
Fund banking relationships that can continue without Ledra operating as a second administrator.
Wiring and money movement
Wires and money movement stay with the provider that moves funds. Ledra prepares records and notices; Ledra does not move money.
Ready when you are
Tell us about your fund.
Ledra works with VC and PE funds that want fund administration owned by a senior CPA: responsive, accurate, and personally accountable. Share a few details and we'll follow up directly. No sales sequence.
Built for VC and PE funds, especially $1M–$500M AUM.
Works as your fund administrator or outsourced fund-operations back office.
Onboarding starts with your LPA, subscription docs, prior books, and bank statements.
We can't wait to earn your trust.
Or email us directly at team@withledra.com