# SPV and Fund Tracking for LPs and Syndicates

> Track SPV and fund commitments, capital calls, distributions, and NAV alongside direct deals. Raziel keeps every LP position clear in one dashboard.

URL: https://raziel.co/products/spv-funds

Live SPV & Fund operations

# Run the vehicle, *not the spreadsheet*

Set up an SPV or fund and add the companies it holds. Every contribution, call, and distribution lands against the vehicle.

[Get started free](https://app.raziel.co/sign-up) [Book a demo](https://raziel.co/contact)

SPVs & funds

## Everything an SPV and fund investor needs *to stay on top*

Setting up a vehicle

### Build the vehicle, then track it

Set up an SPV or fund and add the companies it holds, and every contribution, fee and distribution is recorded against it, so the vehicle has one source of truth.

- Portfolio companies held by the vehicle
- Contributions, fees, and distributions as cash flows
- Commitments and called capital at a glance

Capital calls

### Watch the capital actually arrive

Commitments, calls and contributions are tracked per LP, so you can see who has funded and what is still outstanding without reconciling a bank export by hand.

- Called and received per call
- Funded and outstanding per LP
- Capital call notices forwarded straight in

Performance

### Report IRR and TVPI without the spreadsheet

Raziel calculates IRR, TVPI and MOIC from the cash flows already recorded, so your performance numbers come out of the same data your LPs are looking at.

- TVPI, DPI, and net IRR per vehicle
- Unfunded commitment kept current
- Realized and unrealized value kept separate

[See valuations & returns](https://raziel.co/platform/valuations-and-returns)

LP access

### Give LPs their own view

Share a vehicle with LPs, co-investors and your accountant at the permission level you choose, so everyone sees the same numbers and nobody is working from a stale PDF.

- Owner, editor, and viewer roles
- Separate workspaces for each portfolio
- Same numbers on the web and on mobile

[See workspaces & permissions](https://raziel.co/platform/workspaces-and-permissions)

Coverage

## Every number your LPs ask for

Commitments, calls, distributions, and returns from one set of recorded cash flows.

- ### Commitments
  Committed, called, and unfunded capital per vehicle and per LP.
- ### Capital calls
  Amounts and due dates, with funded and outstanding status.
- ### Distributions
  Proceeds recorded as cash flows that roll into DPI.
- ### NAV
  Net asset value next to the companies the vehicle holds.
- ### TVPI, DPI, and IRR
  Calculated from the cash flows you already recorded.
- ### Statements by email
  Forward capital account statements and let Raziel read them.

More asset classes

## The rest of your portfolio, *in the same place*

Startups, SPVs, funds, and entities are live today. Real estate, crypto, and public markets are on the way.

- [Startups Track angel and venture positions with marks, MOIC, IRR, and round history in one place. Explore startups](https://raziel.co/products/startups)
- [Real EstateComing soon Coming soon: track property values, rental income, debt, and gains next to your private holdings. Explore real estate](https://raziel.co/products/real-estate)
- [Crypto & public marketsComing soon Coming soon: connect wallets and brokerage accounts to see crypto and public equities beside your private holdings. Explore crypto](https://raziel.co/products/crypto)

Testimonials

## Loved by investors like you

**Assets tracked on Raziel**

$4.2B

**Investors and syndicates**

1,200+

**Asset classes, live or coming soon**

6

- > Raziel is the first tool that actually fits how I track angel deals. Everything is finally in one place.
  Michael AxmanPartner, Nucleus Ventures
- > Reporting to my LPs used to take days. With Raziel it takes minutes and looks far more professional.
  Brad MindlinCEO, Oro Cap
- > I manage 40+ positions solo. Raziel makes it feel effortless to stay on top of every one.
  Sarah ChenAngel Investor

Insights

## Guides for fund and SPV investors

[View all articles](https://raziel.co/learn)

[[Image: Glasses, an open ledger and a pen on a desk]   How to Track Capital Calls and Unfunded Commitments in 2026 Read article](https://raziel.co/learn/capital-call-tracking-guide)

[[Image: Tall stacks of paper files on an office desk]   SPV vs Fund vs Direct: How to Log the Same Company Three Ways Read article](https://raziel.co/learn/spv-vs-fund-vs-direct-tracking)

[[Image: Two businessmen reviewing documents with a laptop on a sofa]   TVPI vs DPI vs RVPI: How to Read an LP Performance Line Read article](https://raziel.co/learn/tvpi-vs-dpi-vs-rvpi)

SPVs & Funds

## See your whole portfolio in one place

Start free and bring every private position, valuation, and update into one live dashboard.

- [Download on theApp Store](https://apps.apple.com/us/app/raziel-portfolio-management/id6761929486)
- [Get it onGoogle Play](https://play.google.com/store/apps/details?id=com.raziel.android)