Fund administration and investment management
Run your funds and portfolios in one system, not in spreadsheets
Fundament is a modular platform for closed-end fund administration, optimized for Nordic fund structures. Register a capital call once and your capital accounts, notices and reports stay in sync.
Built for the Nordics
Runs on Microsoft Azure with data stored in Norway
Integrated with Tripletex, PowerOffice Go and Visma Business NXT
Used by Norwegian AIF managers for their 2026 Annex IV filings
Why Fundament
Why teams move to Fundament
One source of truth
Register a capital call once. Capital accounts, notices and reports update across the platform automatically, so the numbers agree everywhere.
In sync with your accounting
Fundament reads the ledger from your accounting system and books portfolio transactions back as proper vouchers, with the source document attached.
An audit trail by design
Every figure traces back to a transaction and a source document. Sensitive changes are logged with who, what and when.
Modules
Four modules, one platform
Start with what you need today and add modules as you grow. Everything is built on the same core, so nothing has to be exported, re-keyed or reconciled between systems.
Module 01
Fund administration
The heart of Fundament, from first closing to final distribution.
- Investor register with commitments, contacts, bank details and a full cap table
- Capital calls and distributions with per-investor allocations and generated notice documents
- Closings, equalisation and LP transfers
- NAV, management fees and carried interest, including preferred return and catch-up
- Quarterly reports, capital account statements and ILPA reporting, exported per investor in bulk and published straight to each investor's portal
- Automatic email notifications to investors when a capital call, report or other document is published
Module 02
AIFMD Annex IV reporting
ESMA-standard AIFMD reporting for Nordic AIF managers, produced as validated XML.
- The AIF report and the AIFM report, validated against the official ESMA XSD schemas before you download
- Manager-level aggregation of AUM, principal markets and instruments, computed from your fund reports
- ECB reference rate currency conversion
- Field-by-field guidance based on the regulator's AIFMD reporting guidance, and import from Excel or previous filings
Module 03
Investment portfolio management
For investment companies, holding structures and family offices.
- Full transaction history with FIFO cost basis, including splits, mergers, demergers and foreign currency
- Vouchers posted directly to Tripletex, PowerOffice Go or Visma Business NXT, with the source document attached
- XIRR and time-weighted return with contribution analysis per holding
- AI-assisted reading of trade confirmations: upload a document, review the suggested transaction, and book it
PowerOffice Go
Business NXT
More integrations are on the way - and file import and export is always available alongside the integrations.
Module 04
NewOn Board
Onboard customers and investors with KYC, AML screening and risk assessment in one flow.
- Company data, roles and ownership fetched from company registers, including Brønnøysundregistrene (the Norwegian business register) and shareholder registers
- PEP, sanctions and adverse media screening with a documented decision trail
- Automated risk scoring on configurable criteria, with manual override and full history
- Self-declaration and FATCA/CRS forms completed through a secure link
- Digital signing with BankID
How Fundament compares
Built for Nordic fund structures, end to end
Every platform below is good at something. Here is where they differ. Fundament is built around the way Nordic managers actually work: your accounting system and your regulator.
| Capability | Fundament | Fundwave | Allvue | Entrilia | Manual / Excel |
|---|---|---|---|---|---|
| Closed-end fund administration and NAV calculations | ✓ | ✓ | ✓ | ✓ | ~ |
| Capital calls and distributions with per-investor notices | ✓ | ✓ | ✓ | ✓ | ~ |
| Investor register, closings, equalisation, LP transfers | ✓ | ✓ | ✓ | ✓ | ~ |
| Management fees and carried interest (pref, catch-up) | ✓ | ✓ | ✓ | ✓ | ~ |
| Investor portal with scoped access | ✓ | ✓ | ✓ | ✓ | ✕ |
| ILPA reporting and capital account statements | ✓ | ~ | ✓ | ✓ | ~ |
| AIFMD Annex IV as validated XML for direct filing | ✓ | ✕ | ~ | ✕ | ✕ |
| Two-way sync with Nordic accounting systems (Tripletex, PowerOffice Go, Business NXT) | ✓ | ✕ | ✕ | ✕ | ✕ |
| Investment portfolio management | ✓ | ✓ | ✓ | ✓ | ~ |
| KYC/AML onboarding with screening and digital signing | ✓ | ~ | ✕ | ✕ | ✕ |
| AI-assisted document reading into bookable transactions | ✓ | ✕ | ~ | ~ | ✕ |
| Get started in days, without a costly implementation project | ✓ | ~ | ✕ | ~ | ✓ |
| Modular pricing | ✓ | ✓ | ✕ | ✕ | ✓ |
| Price level | $ | $$ | $$$ | $$$ | $ + countless hours |
Comparison based on publicly available information as of September 2026. Feature depth varies by plan and configuration. Verify against your own requirements.
Who it is for
Built for teams that manage capital, their own or others'
Fund managers and their AIFs
Run your own closed-end funds end to end, from the investor register and capital calls to NAV, carried interest, ILPA reporting and Annex IV filing.
Fund administrators
Run your clients' funds on one platform. Onboard investors, keep the books in sync, and give every client scoped access and clean reporting, without building it yourself.
Investment companies
Manage a portfolio of holdings with FIFO cost basis, XIRR and time-weighted return, and vouchers posted directly to your accounting system.
Compounders and holding structures
For serial acquirers and companies that grow by owning other companies. Model the group structure, consolidate financials, track KPIs and targets, and keep a cap table and investor reporting in one place.
Ask us for a walkthroughOperating companies
Give management, the CFO and the board live dashboards on real accounting data.
Investor access
One platform, two views
Managers see the whole fund. Each investor logs in and sees only their own data: commitments, capital transactions, capital account statements, call notices and other documents, plus fund-level key figures. Notices and reports appear in the portal the moment they are published.
Manager view
The whole fund
- Every investor and commitment
- NAV, accounting and reporting
- Capital transactions and cap table
- Fees, carry and documents
Investor view
Their share of it
- Own commitment and capital account
- Fund-level key figures
- Own notices and reports
- Nothing that belongs to others
Security and operations
Serious infrastructure for serious capital
Microsoft Azure
Fundament runs on Microsoft Azure in the Norway East region. All traffic passes through an application gateway with a web application firewall, and the database accepts no connections from the public internet.
Sign-in with Microsoft Entra ID
Sign-in through Microsoft Entra ID with your organization's own policies, such as MFA. Fundament stores no passwords of its own.
Role-based access
Granular role-based access per module, company and investor, with a full audit trail of every change.
European data residency
Your data is stored in Microsoft's Norwegian data centre region, within the EEA and fully covered by GDPR. Integration credentials are encrypted at rest.
FAQ
Common questions
How long does it take to get started?
Implementation is fast and light. Most teams are live within days: connect your accounting system, import your investor register and portfolio transactions, and start working.
Which accounting systems does Fundament integrate with?
Tripletex, PowerOffice Go and Visma Business NXT today, with more on the way. Fundament reads your ledger and posts vouchers back with source documents attached - and file import and export is always available alongside the integrations.
Where is our data stored?
On Microsoft Azure in the Norway East region, within the EEA and fully covered by GDPR. The database accepts no connections from the public internet.
How is Fundament priced?
Contact us for a quote on your structure.
Can our fund administrator use Fundament on our behalf?
Yes. Fundament is built for both managers who self-administer and administrators who run funds for their clients, with scoped access for everyone involved.
Which fund structures does Fundament support?
Closed-end structures such as private equity and venture capital funds, along with investment companies and holding structures. If you are unsure whether your setup fits, ask us and we will tell you straight.
Can we migrate historical data?
Yes. Investor registers, portfolio transactions and previous filings can be imported from files, so your history follows you into Fundament.
Can our auditor or advisor get access?
Yes. Access is role-based, so auditors and advisors can be given scoped access to exactly what they need and nothing more.
What do investors need to use the portal?
Just a login. Investors sign in and see their own commitments, capital account, notices and documents - no installation and no training required.
Do investors get notified when something new is published?
Yes. Fundament sends email notifications when a capital call, report or other document is published to the portal.
Can we export our data?
Yes. Reports and data can be exported to PDF and Excel at any time. Your data is never locked in.
Get started
See Fundament on a structure like yours
Book a 30-minute live demo and we will walk you through Fundament on a setup that matches yours - the same fund type and the same workflows, with illustrative data.
Fundament is built by a team that administers Nordic closed-end funds every day. The platform exists because we needed it ourselves.