Repool’s 2022 Year In Review

Historically, the process of launching a new fund has been extremely time consuming, complicated, and confusing, while established fund managers have been left to rely on spreadsheets,  PDFs, and outdated software to run their funds.

Our Fund In-a-Box and Fund Administration tools make life significantly easier for emerging managers. The easy-to-use platform handles everything from entity formation, legal documents, and regulatory filings, to administration and accounting, investor onboarding, background checks, compliance, and banking.

Fund managers using Repool can easily monitor fund performance at a glance and give their investors visibility into the performance of their fund in the Fund Dashboard. It’s easy to view the overall performance of the fund and review how it performs over time, as well as the performance for each individual investor. 

Within the Dashboard, managers can view NAV and total capital raised, absolute returns and percentage returns, and performance over 1, 3, or 6 months, 1 year, or all time.

It’s easy to check the performance of each individual investor: simply search for an investor by name or scroll to an investor to view their individual performance graph. Answering investor questions just got much easier!

With our integrated banking feature, fund managers can view their fund bank account details and download monthly bank statements directly from their Repool account.

The Banking section also makes it easy to view all the financial activity for a fund, including:

• total account balance
• pending transactions for deposits and withdrawals
• who has invested and how much they have invested
• transfers between your bank and brokerage accounts

Managers using Repool always have visibility into the money going in and out of their account. 

We know how busy life gets as a fund manager, and we want to make it as easy as possible for managers to onboard new investors, handle questions from investors, and free up time to focus on fundraising. 

In the Onboarding Dashboard, fund managers can see:

• total number of investors in the fund
• total capital raised by the number of investors
• how many investors have been invited, signed, are currently investing, or have already invested

They can invite a new investor directly from the Dashboard, as well as automatically send a reminder email to the investors that have already been invited.

When managers invite a new investor to join their fund, they have the ability to include custom terms for individual investors. It’s also easy to communicate wire instructions for individual investors with the copy and paste feature.

We reduce the time to execute subscription documents from the typical 5 hours to only 5 minutes, and we also digitize the experience which helps to prevent investors from making mistakes. Next up, we’re working on updating the investor application flow to make the entire process even easier for investors.

We know that managers often find themselves answering the same questions from investors about how the fund is performing. The Repool Investor Dashboard makes it easy for investors to access the data they need about fund performance and the status of their investment.

 

Within the Dashboard, investors can view:

• the fund (or funds) they’ve invested in
• how much they’ve invested so far
• the overall performance of the fund including their returns
• transaction activity of their money going in and out of the fund

They can also view and download the relevant legal documents for the fund, plus they have the option to invest additional funds.

In the Repool Reports section, managers can view and download their fund documents, as well as approve documents for their investors quickly and easily. They have the ability to view documents by reporting period, as well as search for documents by the individual investor.

In the Repool Data Room, managers can view and download all of the important documents associated with their fund. They also have the option to quickly and easily share the documents with one (or more) of their investors.

To make life even easier for fund managers, we’re busy working on the new investor CRM!

The CRM makes it easy to handle investor relations:

• communicate with investors directly from their contact record
• review individual investor performance at a glance
• view contact details, recent activity, and specific fees all in one place
• categorize with tags and record notes for each investor

We’ll be releasing this awesome new feature early in 2023, so stay tuned for more details.

Happy New Year from the team at Repool!