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Fund Intelligence

The AI-ready fund intelligence platform

Fund Intelligence

Capital Activity

Dynamic Allocations

Waterfall Calculations

Management Fees

Credit Facility

Capital Activity

Track and execute capital calls, distributions, and equalizations with full commitment-level transparency.

Run capital events at every level of your fund structure

Analyze commitment-level breakdowns of capital calls, equalizations, and distributions

Apply custom fee break distributions and management fee holdbacks

Dynamic Allocations

Create unique allocation rules to seamlessly handle all levels of complexity across your fund structure.

Set up custom rules with any parameters

Apply rules across capital activity

View how rules impact LPs throughout your entire fund structure

Waterfall Calculations

Configure flexible waterfall calculations to enable fund progress comparisons, protect against clawbacks, generate audit-ready Excel exports, and analyze end-of-quarter hypothetical liquidation scenarios with ease.

Flexible configuration supports European and Hybrid waterfalls, handling any number of tiers

Compare current waterfall progress against a whole fund version of the waterfall to avoid clawback scenarios

Run end-of-quarter hypothetical liquidation waterfalls

Management Fees

Manage intricate management fee structures, including fee breaks, waivers, offsets, custom calculations, and multiple fee bases — all in real-time.

View high-level stats and detailed breakdowns of historical fees

Leverage Maybern transactions to configure any custom fee basis

Post management fees with fee breaks, offsets, and fee waivers

Credit Facility

Optimize your fund’s liquidity seamlessly and automate borrowing base tracking.

Track drawdowns and paydowns, and merge and reallocate tranches as needed

Review, adjust, and post automatically calculated interest expenses and unused fees

Create, edit, and track various borrowing base groups

FAQs

Frequently asked questions about Fund Intelligence

Quick answers for private capital CFOs evaluating Maybern.

01What is Maybern Fund Intelligence?

Fund Intelligence is the deterministic system of record for fund economics. Capital activity, allocations, waterfalls, management fees, credit facility, and LP reporting are modeled as governed, computable rules — not spreadsheet exhaust. It's the layer that lets fund finance teams put AI agents to work on real fund logic, instead of running them over whatever the back-office happened to save in Excel that week.

02Does Maybern replace our fund administrator?

No. Maybern coexists with the fund administrator — the administrator continues to produce the books; Maybern gives the CFO and operations team a verified, auditable view of the fund's economics in parallel. The practical effect: when an LP emails on a Tuesday asking how their share of recycled distributions affects their preferred return calculation, the controller answers it that afternoon — not at the next quarterly close.

03What fund structures does Maybern support?

Maybern is in production today across private equity, real estate, real estate credit, private credit, and growth equity, on funds ranging from roughly $250M up to $20B+ AUM. The platform handles master-feeder structures, parallel funds, AIVs, blockers, SPVs, and multi-tiered allocation hierarchies. We were purpose-built for the most complex segments first, so simpler structures inherit the same flexibility. Multi-currency support, JV-level waterfalls, and a few of the more nuanced AIV configurations are in active development.

04How does Maybern handle waterfall calculations?

Fund Intelligence configures European and hybrid waterfalls with any number of tiers, runs both cash and hypothetical-liquidation calculations every quarter, and flags clawback exposure by comparing current waterfall progress against the whole-fund equivalent. Every calculation produces an audit-ready Excel export traceable to the inputs that drove it. Deal-by-deal American waterfalls are in active development for clients with that structure.

05How long does implementation take?

Implementation timing depends on structure complexity, the cleanliness of source data, and how many funds onboard in the first phase. Most single-fund closed-end implementations run 8–12 weeks; multi-fund managers with bespoke side-letter terms run longer. The implementation team configures the fund's waterfall, allocation, and fee logic alongside the customer's controller, then validates outputs against several historical close periods before go-live.

06Is Maybern SOC 2 compliant and how is fund data handled?

Maybern does not use customer fund data to train shared models, and never will. Beyond that: SOC 2 Type II attested annually by an independent auditor; fund data is encrypted in transit and at rest, segregated by customer tenant, and accessible only through role-based permissions set by the customer. The current attestation report is available under NDA.

07How is Maybern different from spreadsheets, legacy software, or building it ourselves?

Spreadsheets rebuild fund logic from scratch for every new structure and every new side letter. Legacy fund accounting software encodes a fixed set of structures and breaks when a fund deviates from the template. Building it internally — increasingly attempted by larger managers with engineering teams — creates a different kind of key-person risk: the engineer who built it didn't think like a CFO, didn't build audit trails, and is now the single point of failure. Maybern represents fund logic as deterministic, configurable rules — the foundation that an internal team would otherwise spend 18 months building — so complex structures and one-off LP terms are handled in-system, and every output is traceable to the inputs that drove it.

From Complexity to Clarity: Empower the Modern Fund Finance Team