TenX Funds

Run your fund like a top-tier GP.

Funds and sidecar SPVs, LP commitments, capital calls, waterfalls and live IRR, the fund administration workflow you'd expect from Carta, at startup speed. Software only: your counsel and accountants stay in charge.

Everything a GP needs

LP management

A clean roster of every limited partner, commitments, entity details and side letters with per-LP fee and carry overrides.

Capital calls

Draft a call as a % of commitments, TenX splits it pro-rata, emails branded notices with wire instructions, and tracks every payment.

Distributions & waterfall

A real European waterfall, return of capital, preferred return, then carry, previewed before you issue, honoring every side letter.

Live fund performance

Net IRR, TVPI, DPI, RVPI, MOIC and NAV computed live from your actual cashflows and valuation marks. No spreadsheet drift.

LP portal

Every LP gets their own portal: capital account, open calls with one-click payment confirmation, distribution notices and a document vault.

Statements & reports

Per-LP capital account statements (PCAP) and one-click quarterly reports with your Schedule of Investments and commentary.

Sidecar SPVs

One hot deal? Spin up a sidecar in minutes.

Single-deal SPVs get the same machinery as a fund: custom carry and fees per vehicle, LP-by-LP side letters, a single capital call, and a clean waterfall when the deal exits. Your LPs see exactly what they own, and you stop running syndicates out of spreadsheets and email threads.

  • Custom carry (0-100%) and management fee per SPV
  • Deal-by-deal LP allocations and statements
  • LP payment confirmations without the back-and-forth
Acme-DealCo SPV
Single-deal · 20% carry · 0% fee
$1.2M
Committed
$1.2M
Paid-in
2.4x
MOIC
Return of capital$1,200,000
Preferred return (8%)$96,000
LP profit$1,283,200
GP carried interest$320,800
How it works
1

Create your vehicle

Spin up a fund or single-deal sidecar SPV with your fee, carry and hurdle terms in under a minute.

2

Add LPs & call capital

Invite LPs by email, record commitments, and issue pro-rata capital calls with tracked payments.

3

Deploy, mark, distribute

Record investments, keep quarterly fair-value marks, and distribute exits through a proper waterfall.

Your LPs deserve better than a spreadsheet.

Set up your firm, add your first vehicle, and send your first capital call today. One vehicle on Scale, unlimited on Fund Manager.