We're excited to announce the launch of a powerful new feature that allows users to create custom allocation rules. This update enhances the flexibility of our system and enables users to tailor allocations to their needs.

With this update, users can create allocation rules for newly introduced transaction codes or investments quickly and easily. In addition, users can create rules for unique, one-time allocation scenarios that are independent of transaction codes or investments.

Under Configuration , users will now see an option for Fund Structure. This section will group both Allocation Rules and Entities for easier management. Users no longer need to navigate to Fund Family → Transaction Allocation to view how allocation rules are linked to transactions. Instead, all relevant information about Allocation Rules and their associated transaction codes and investments is now available in a single table.

From the Allocation Rules table, users can click Create Rule. They can then define a name for the rule and associate the rule with a transaction code and/or an investment.

Users can either base the allocation rule on an existing Calculation or click to define a custom allocation override. Defining a custom allocation override allows users to define a custom edge weight per LP:

Users can optionally opt-out commitments from the rule:

Users can then review the Investor Breakdown and save the new rule:

After saving the rule, users will see the rule on their Allocation Rules list:

Creating a new allocation rule is available to Admin and Power users. Users with roles User or View Only will not see the option to create rule.

We've released functionality for users to bulk upload custom basis-impacting transactions from the Fee Basis dashboard. This makes adding multiple fee adjustments at once (such as investment write downs) much easier and faster, especially for funds that adjust their fee basis frequently.

Under Fees → Basis tab → Custom Basis-Impacting Transactions → Edit:

Users can now select bulk add adjustments:

When bulk add adjustments is selected, users are taken to a full screen table view that can be navigated using the keyboard or the mouse. There they can enter the following inputs:

Clicking Refresh on the bottom right of the table takes users back to the main Basis page. Users can then click Finalize Transactions to create multiple rows in the Custom basis transactions table.

These transactions are also captured in the Fee Basis by Use Walk table as a custom basis transaction added event.

We've made some improvements to fee basis true-up views to give users access to more granular data. This update was based on user feedback; some of our users wanted to see the breakout between gross fees and fee breaks in the historical fee basis true up table because they use this information to calculate the gross distribution needed to pay management fees.

Under Fees → Click into completed posting with true up → click True Up Breakdown:

Under Fees → Fee Posting → Run True Up

Under Fees → Click into completed posting with true up

We've updated the transaction code configuration table to present the codes in a more intuitive format. This enhancement will improve usability and make it easier for users to find what they need.

Under Config → Fund Family → Transaction Codes:

We’ve introduced the ability for users to create new display names for transaction codes. This enhancement provides additional flexibility in the system.

Under Config → Fund Family → Transaction Codes → 3-dot menu → Edit

This month, we’ve released sums on calculations in transaction pivoting! Users can now sum on basic calculations within a fund family. This should improve the transaction pivoting experience for our excel-native users and enable users to unlock additional insights more quickly using pivoting.

Under Transactions → Pivot

Now, when users link capital activity to specific investments, all investments are in alphabetical order for faster and easier search.

We’ve added external IDs to equalization screens. This will make it easier for users to identify investors' participation in equalizations.

This month, we've released the ability for users to tag investments and entities with countries other than the US. Users can now add additional countries in the following places: