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03 · The LP side

What you hold, and

what your LPs can see of it.

The middle office and the LP-facing half of the fund, on one set of records. Companies, investments and cash movements are modelled as distinct records rather than derived from a sheet — which is what makes an LP portal something other than a PDF archive.

lp.deelsignal.com/q3-2026
Q3 2026 letter
Sent 14 Oct · 14 of 14 opened
Live
Your capital account
Commitment $2,000,000 · 62% called
$1,240,000
Your net TVPI
Recomputed on open
2.14x
DSignal Sentinel
Fintech now 41% of deployed capital
Flagged
The companies

Modelled, not derived.

Companies and investments

Portfolio companies, investments and cash transactions are separate records. Ownership, rounds and cash movements are properly modelled, so dilution is computed rather than re-typed.

Portfolio graph

A visual map of the relationships across the portfolio — who is connected to whom, and through what.

Milestones

Tracked company milestones with current values. This is also the one place the assistant may propose a change to data — and even there it only proposes; a person approves.

Portfolio import

An import wizard that takes a spreadsheet, maps the columns, validates, and processes in the background with live status. Large imports run overnight on their own.

The LP side

Self-serve, so the letter is not the only channel.

LP portal

Limited partners log in to a dashboard, their capital account, their documents and their quarterly reports, instead of waiting on an emailed PDF.

LP reports

Quarterly reports drafted from live portfolio data, with your own templates and branding, and every figure traceable to the transaction that produced it.

LP documents

A document vault scoped to limited-partner access, so what an LP can open is a permission rather than a mailing list.

Watching it

The problems that do not announce themselves.

DSignal Sentinel

Risk alerts across the portfolio, refreshed weekly or the moment you ask — concentration, runway and the drift nobody is looking at, surfaced without a human reading every update.

Intelligence reports

Saved portfolio analysis you can browse over time, so a view of the book has a history rather than being regenerated from scratch.

KPI analytics

Aggregated performance across the portfolio, built on the structured figures founders submit rather than on numbers pulled out of decks.

Why the letter can read live

A report is a view over the ledger, not a copy of it. That is only possible because the transaction, the mark, the capital account and the LP are the same records the fund runs on — so a correction made in one place is a correction everywhere, including in a letter that was sent last week.

What it does not do

A live letter means an LP can see a number change after the send. That is the point, and it is also a change in how a fund communicates — if you need a figure frozen at a date, freeze it deliberately rather than assuming the PDF did it for you.

See it on your own data.

Forty minutes, a workspace shaped like your fund, and no deck. If it does not replace something you already pay for, we will say so and end early.