Next-gen private equity fund accounting software
LemonEdge is the next-generation private equity fund accounting and administration software that enables firms to manage complexity and scalability through the automation of end-to-end processes.
The challenges facing private equity firms
Today’s managers and administrators need to balance the drive for operational efficiency while coping with increasingly complex deals and fund structures. They also need to integrate with a growing range of data sources all while battling the impact of inflation driving up costs; it can therefore be a challenge to scale.
Read on to see how we’ve solved the problems of the past.
A modern accounting engine at the heart of business operations
We deliver an end-to-end accounting solution using a range of innovative functionality, from event-driven transactions and multi-ledger management to consolidations, process automation, reporting and our investor portal. Here are just some of the ways we’re transforming fund accounting and fund administration:
Do away with work-around allocation processes
Our unique allocation technology solves many of the issues private equity firms encounter. It removes artificial rectification processes such as ‘equity pick-up’, delivers full look-through capabilities, improves operational workflow and transactional flexibility and reduces long processing times for partner transfers to mere seconds. Our paths and rules unite the whole fund in a dynamic and powerful combination.
Bring your complex Excel calculations into LemonEdge
Algorithms is our proprietary spreadsheet technology, which eliminates the need to create high-risk offline Excel processes. Reduce your data security, audit compliance and workflow headaches by bringing all your existing Excel calculations into Algorithms. Work with real-time data from your LemonEdge database, undertake those same calculations, then securely and automatically save the results all within the confines of the system. Use cases range from managing Carry, Management Fees and Hedging Calcs to complex performance calculations and reconciliations.
Connect to any data source via our API
Automate data flow between LemonEdge and other applications or data sources with our comprehensive API toolkit. Avoid the re-keying of data or repeating mundane high-frequency manual flows of data and create an efficient, effective, automated single source of truth across the entire data model of your business.
Model the future with LemonEdge Canvas Technology
LemonEdge allows you to take multiple copies of your entire live system instantly using our innovative, intuitive, Canvas technology. Model the future, plan scenarios and much more. Use LemonEdge Canvases to model the impact of: FX changes, investments, disinvestments, or accounting treatments. Canvases can also be used as a secure environment for training, workflow management and data ingestion before committing to at scale changes.
“LemonEdge is a true Next Generation Platform for Private Equity and Investment Banking. State-of-the-art”
Marco Santos, CEO - GFT USA Inc.
Scale your operational functions with LemonEdge
Here are just some of the ways our fund administration and accounting software can help you scale:
The ultimate General Ledger
A full event-based partnership accounting system, supporting lot-level multi-currency, multi-ledger charts of accounts.
Manage structures – not just entities
Real-time full fund structure transactional processing and look-through.
Customisable professional reporting
Automate ILPAs, investor financials and custom reporting.
Seamless investor engagement
High performant, user-friendly integrated investor portal.
Automate Carry Calculations
Unlimited flexibility for complex carry calculations.
Multi-asset class in one place
Equity, credit, real estate, infrastructure.
Hybrid and Closed fund structures
Closed-ended, open-ended/hybrid fund structures and entities in one system.
Track and audit everything
All actions, including for Excel brought inside the system, all fully audited then time-stamped.
Deploy in your private cloud
Locally deployed cloud infrastructure.
Our rapidly growing tech eco-system
We’re quickly building an eco-system of related technology partnerships, enabling our clients to easily connect their existing data sources to LemonEdge.
Our consulting partners
See the future of private equity fund accounting
Just some of what we’re excited to show you:
Collate data from any source with intuitive tools.
Eliminate multiple-entry bookkeeping.
Create fund structures in minutes.
Instant scenario analysis across your portfolio.
Search and report on any data point.
Interrogate real-time General Ledgers.
Integrate custom calculations and waterfalls.
Tell us about you and your firm and we’ll come straight back to you to schedule a personalised demo.
"LemonEdge has proven market-leading capabilities that will enable the continuing evolution of our operations to become agile, efficient and able to add further value to our investors.”
Guillaume de Malliard, COO and Partner at Astorg Group
Frequently Asked Questions
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The fully generalised, dynamic accounting allocation path functionality is at the heart of the LemonEdge USPs. It is a unique approach which ensures the well-known workaround issues of the legacy systems (such as the equity pickup processes) or performance issues (such as when processing transfers) have been engineered out by design.
Other USPs highly relevant to private equity include the unique Algorithms technology which finally solves the risk issues associated with offline excel workarounds, by bringing them into the secure, audited, managed LemonEdge platform.
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While some of our clients have policies preventing them from sharing their names, others are able to do so including Astorg, Fairway and Sycamore Partners
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There is no single answer to this question we find our implementation process are of a similar length to the market standard with more delivered in this time frame, as managers are able to automate a greater range of their processes.
The actual duration is impacted through the volume/complexity of funds to be migrated, where they are being migrated from, the resourcing profile of the implementation team, the number/complexity of interfaces to other systems.
The LemonEdge implementation team will share a proposal as part of the overall engagement process.
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Yes, the unique LemonEdge Algorithms technology is the ultimate solution to any process of any complexity as it ensures those traditional offline excel solutions can be securely brought into the LemonEdge platform, then tightly managed, including with a full audit trail.
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Yes, the LemonEdge accounting engine is fully comprehensive hence can not only consolidate up across complex, multi-level structures, but also manage required eliminations, while also supporting any required accounting methodology, including multiple parallel methodologies (such as IFRS with local GAAP).
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LemonEdge has multiple solutions for supporting investor reporting including: the fully integrated secure LemonEdge portal, or by using the LemonEdge API to feed the reporting platforms at investor institutions or their advisors. Reporting can also be downloaded from LemonEdge and shared through your secure channels.
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LemonEdge appointed by Astorg Group S.à r.l, Luxembourg, as their end-to-end fund accounting solution
LemonEdge appointed by Astorg Group S.à r.l, Luxembourg, as their end-to-end fund accounting solution
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Private Capital Boosts Productivity With Automation Of Complex Accounting Processes
LemonEdge Partners With GFT To Integrate Cloud-Native Private Capital Accounting Platform With Any Existing Infrastructure
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LemonEdge selected by Sycamore Partners as their Private Equity Technology Platform
The modern, API and low-code accounting platform will be powering the firm’s PE Fund structures alongside an Investor Portal