Solution introduction
Fund expense allocation for PE, VC, credit, and real estate management companies
Split every invoice by your LPA rules and post it to your GL in one run. A fund controller cut up to 10 days from quarter-end close
What does Ceviche do?
Ceviche reads invoices from your AP and expense tools. It applies your LPA-based allocation rules line by line and splits each cost across your fund entities. Then it writes audit-ready journal entries back to your general ledger. Every split comes from a rule your team approved or from your controller or CFO.
Fund expense allocation splits the costs that a management company pays across the funds, the GP, and the SPVs. Each fund's LPA says which costs the fund bears. Ceviche sits between your AP and expense tools and your general ledger. It reads each invoice, applies your LPA-based allocation rules line by line, and posts audit-ready intercompany entries back to the GL. It is not a fund administrator, a managed service, or a payment system. Your controller runs it.
