1494 Labs
HQ Address
6 Liberty Square #2721, Boston, MA 02109, United States
Website Address
Business introduction
Fund accounting for funds whose terms don't fit a template
Fees, allocations, waterfalls and liquidity terms configured to each fund's agreement, with every result traced through the ledger to NAV and investor capital accounts
1494 Labs builds fund accounting software for private equity and drawdown funds, hedge funds, registered funds, family offices, and the administrators who serve them.
The platform is built for funds whose terms don't fit a template. Fees, allocations, waterfalls and liquidity terms are configured to each fund's agreement, and every result can be traced back through the ledger. A management fee on an investor account leads to the accrual, the schedule and the journal entry behind it. Allocated profit and loss reconciles to the fund's ending NAV.
Hedge, drawdown, registered and family office books run on one ledger. Each morning the platform checks capital accounts against the ledger, allocations against the pool, and cash movements against their entries. Any difference opens an exception that names the fund, the period and the amount.
The platform is cloud-native and API-first, so firms can move data into their reporting, portfolio and data tools without manual exports.
1494 Labs is a Delaware corporation based in Boston. Firms can evaluate the platform in a sandbox seeded with reference funds, or through a guided walkthrough.
1494 Labs Solutions
1494 Labs Fund Accounting
1494 Labs Fund Accounting covers the general ledger, partnership and investor accounting, management and performance fees, waterfalls, liquidity terms and investor capital accounts in one platform. Each fund is set up to its own agreement. Management fees are calculated and attributed to the investor accounts that bear them. Waterfall tiers, equalization......
