Harmonious / Fund of Funds Solutions
Fund of Funds (FoF) Administration
Institutional-grade infrastructure for multi-asset and multi-tier Fund of Funds.
A Fund of Funds pools capital from institutions, family offices, RIAs and high-net-worth investors to deploy across primary funds, SPVs, co-investments and secondaries. Harmonious handles the compounded complexity: legal formation, institutional LP onboarding, look-through fund accounting, capital call automation, tax aggregation and a real-time investor portal, with dedicated specialist support.
Capital flow & lifecycle architecture
Three tiers, one record
Tier 1: FoF limited partners
Institutions · Family Offices · UHNW investors
- • Capital commitments & digital subscriptions
- • KYC/KYB, AML and accreditation
- • Consolidated K-1s in each LP's tax vault
Capital commitments, KYC/AML & K-1s
Tier 2: Harmonious FoF master entity (Delaware LP/LLC, master-feeder)
Unified ledger, cap table and capital management
- • Unified general ledger
- • Cap table & PCAPs
- • Cash flow & reserves
- • Waterfall & carry
Capital calls into underlying funds & direct co-investments
Tier 3: Underlying investments
Primary VC funds · Emerging VC funds · Co-investment SPVs
- • Underlying LP interests across 20+ funds
- • Direct co-investment SPV equity
- • Look-through to portfolio companies
Primary funds
Flagship & emerging managers
- • Capital call deadline tracking
- • Verified GP wire instructions
- • Quarterly GP report intake
Co-investment SPVs
Pro-rata & breakout companies
- • Concentrated deployment
- • Single-line cap table
- • Look-through valuation
Secondaries
LP interests & structured blocks
- • Negotiated valuations
- • Transfer coordination
- • Realized-exit tracking
Core services matrix
Full-lifecycle administration, formation to final distribution
1. Entity formation & structure
Master, feeder & series vehicles
- • Delaware LP, LLC or statutory trust structuring
- • Series structures & vintage sleeves
- • EIN, formation certificates, registered agent & franchise tax
- • LPA, PPM and subscription booklet coordination
2. Institutional LP onboarding & compliance
KYC/KYB, accreditation & tax intake
- • White-label LP portal for institutional and individual LPs
- • KYC/KYB, beneficial ownership, OFAC, PEP and sanctions checks
- • 506(b) / 506(c), Qualified Purchaser & Accredited Investor verification
- • Form W-9 and tax documentation validation
3. Capital calls & liquidity
Inbound calls and outbound deployment
- • Capital call notices from approved drawdowns
- • Tracking of pending, cleared and delinquent wires
- • Underlying GP wire-instruction verification
- • Cash reserve and liquidity forecasting
4. Look-through accounting & reporting
Multi-entity ledger, NAV & PCAPs
- • Multi-entity general ledger
- • Quarterly look-through valuation & ASC 820 classification
- • European and American waterfalls, hurdles, catch-up & clawback
- • Quarterly PCAPs and GAAP annual statements with audit support
5. Tax coordination & K-1 aggregation
Underlying K-1 tracking to consolidated K-1s
- • Tracking of 15 to 50+ underlying Schedule K-1s
- • Pass-through aggregation incl. QSBS, UBTI & state sourcing
- • Form 1065 and state filing coordination
- • Digital K-1 delivery to each LP's tax vault
6. Regulatory filings & governance
Form D, Blue Sky & ongoing maintenance
- • Form D initial filing and annual amendments
- • State-by-state Blue Sky notice filings
- • Exempt Reporting Adviser (Form ADV) support
- • Delaware franchise tax and annual renewals
Why managers choose Harmonious
True look-through clarity
See through your fund of funds into underlying funds, SPVs and portfolio companies on one platform.
An experience LPs love
Intuitive onboarding, clear wire instructions and fast digital access to K-1s for institutional allocators.
Dedicated specialists
Every manager is paired with an experienced fund accounting specialist, backed by $24B+ in AUA.
$24B+ AUA · 750+ Fund Managers · Your Funds On Easy Mode