Autonomous Fund Administration

The operating system
built for alternative
investment firms

Perfona unifies fund accounting, investor allocation, and back-office operations into one AI-native platform — eliminating spreadsheets and third-party technology dependencies entirely.

$140B+ Assets Under Platform
14+ Years in Market
99.9% NAV Accuracy Rate
0 Spreadsheet Dependencies
Fund Accounting Investor Allocations Waterfall Calculations NAV Processing Investor Portal Shadow Reconciliation K-1 Tax Preparation Agentic AI Automation Capital Registry Data Warehouse Fund Accounting Investor Allocations Waterfall Calculations NAV Processing Investor Portal Shadow Reconciliation K-1 Tax Preparation Agentic AI Automation Capital Registry Data Warehouse

Trusted by leading alternative investment managers

Hedge Funds Private Equity Real Estate Funds Fund of Funds Family Offices Credit Strategies

One platform.
Every operation.

Purpose-built for hedge funds, private equity, and real estate — with zero reliance on third-party technology vendors.

01
Fund Accounting & GL
Multi-asset, multi-currency general ledger with real-time NAV computation and full GAAP-compliant accounting across all fund structures including feeders and side pockets.
02
Investor Accounting & CRM
Spreadsheet-free investor allocations, waterfall calculations, management and performance fee computations, cap registry management, and automated PDF statement generation.
03
Cash & Tax Projections
Forward-looking fund cash and investment projections with integrated tax preparation and automated K-1 production workflows.
04
Data Room & Warehouse
Centralized file management with automated third-party data ingestion, document versioning, and investor-ready data room capabilities.
05
Reconciliation Engine
Configurable matching rules for daily trade, cash, NAV, and investor statement reconciliation with automated exception workflow management.
06
Investor Portal
White-labeled portal for investor onboarding, KYC/AML management, subscription document execution, and real-time statement and reporting access.

The first fully autonomous
fund administration service

AI-Native Service
Full-service fund administration
powered entirely by Perfona
Unlike legacy administrators who rely on spreadsheets and third-party systems, OpEff's service runs on our own proprietary technology — giving clients faster turnaround, lower error rates, complete transparency, and a direct line to continuous innovation.
Complete accounting across full fund structures: feeders, side pockets, co-invest vehicles, and portfolio companies
Monthly, quarterly, and annual NAV packages and GAAP-compliant financial statements
Spreadsheet-free investor allocations, fee calculations, and capital registry management
Investor portal for KYC/AML and subscription document lifecycle management
Cash management, wire coordination, and distribution processing services
Zero reliance on Investran, Geneva, Allvue, or any third-party vendor
Zero vendor dependencies
Every function runs on OpEff's proprietary Perfona platform. No spreadsheets. No external systems. No single points of failure from third-party vendors.
100%
Proprietary technology stack
Multi-strategy coverage
Hedge funds, private equity, real estate, credit, and hybrid structures — unified on a single platform with strategy-specific logic built in.
11+
Asset class strategies supported
OpEff Perfona — Fund Operations Dashboard
$2.84B
Total Fund NAV — Q4 2024
▲ 2.3% MTD
Investor Count142
Pending Allocations0 — All Cleared
Recon Status✓ Fully Matched
Statements Generated142 / 142
Last NAV RunToday, 9:14 AM
Learn More

Best-in-class
back-office services

Delivered by our expert team using Perfona — the same platform your fund runs on, providing total transparency and accuracy.

  • 01
    Month & Quarter-End NAV Reconciliation

    Full shadow NAV reconciliation to fund administrators with exception flagging and automated resolution workflows.

  • 02
    Daily Trade & Cash Reconciliation

    Real-time matching to custodians and prime brokers, with same-day exception reporting and resolution tracking.

  • 03
    Investor Allocation & Fee Reconciliation

    Waterfall, management fee, and performance fee reconciliation including PDF statement verification against fund admin output.

  • 04
    Year-End Financial Statement Preparation

    Coordinated audit support with financial statement preparation and direct auditor follow-up management.

Autonomous operations.
Human oversight.

01
Data Ingestion
Automated ingestion of trade files, custodian data, and fund admin outputs via secure SFTP, API, and direct integrations — no manual uploads.
02
AI Processing
Perfona's agentic AI automatically reconciles positions, calculates allocations, and validates NAV — flagging anomalies for human review.
03
Review & Approve
Your team reviews AI-generated outputs with full audit trails. Every calculation is transparent and explainable — approve with total confidence.
04
Publish & Report
One-click investor statement generation, NAV package delivery, and regulator-ready financial reports — distributed directly from the platform.

Built by practitioners,
for practitioners

Founded in 2012, OpEff Technologies set out to replace the decades-old technology stack of the alternative investment industry. What began as a fund accounting system evolved into a complete operating platform — the first of its kind.

Today, OpEff has partnered with leading multi-billion dollar investment firms to build the most cohesive system in the industry, where investor accounting connects directly to the fund general ledger and agentic AI handles the workflows that once required entire operations teams.

Our small, focused, and agile team moves at a pace that larger vendors simply cannot match. Relentless innovation is not a tagline — it's the only way we operate.

2012
Founded in Jericho, NY
366 N Broadway, Suite 204
DS
Dinesh Shastri
Chief Innovation Officer
SK
Swati Kashyap
Head of Consulting
YK
Yuliya Kinash
Chief Operating Officer
SJ
Sahil Juneja
Director, Offshore Operations
ST
Sebastian Teuscher
Client Success Manager
KK
Kevin Keese
Partnerships Manager
ZK
Zachary Koch
Head of Core Technology
JM
James McNally
Head of Interfacing Technology

Trusted by the firms
that demand the most.

Hear from the CFOs, controllers, and operations leaders who run their funds on Perfona every day.

Perfona eliminated an entire layer of manual reconciliation from our month-end process. What used to take two days now runs overnight — and we catch errors our fund admin misses, not the other way around.

JR
James R.
CFO · Multi-Strategy Hedge Fund, $2.1B AUM

We evaluated every major platform — Investran, Geneva, Allvue. Perfona was the only system that handled our waterfall structure natively without custom programming. The investor portal alone saved us 40 hours a quarter.

SL
Sarah L.
Controller · Private Equity Fund, $850M AUM

The OpEff team operates like an extension of our back office. They understand alternative investment accounting at a depth most technology vendors simply don't have — and their platform update speed is unmatched.

MK
Michael K.
Head of Operations · Real Estate Fund, $1.4B AUM

Moving to Perfona cut our K-1 preparation cycle from six weeks to five days. Having the general ledger and waterfall calculations in one system that drives book to tax accounting — with no reconciliation gap — is a game changer at year-end.

AT
Amanda T.
Tax Accountant · Credit Fund, $27B AUM

I have never seen anything like OpEff's investor allocation system. Frankly, I didn't even know a system like this existed. To compute investor allocations and fees in spreadsheets on a deal by deal basis has always been a nightmare and we couldn't think a software could handle it so effortlessly and accurately.

RB
Robert B.
Chief Financial Officer · Private Equity Fund, $5.5B AUM

We launched our fund with Perfona on day one. No legacy migration, no spreadsheets, no headcount for back-office ops. Our investors receive institutional-quality statements and portal access from the start — it sets the tone for every LP relationship.

PD
Priya D.
Founder & GP · Emerging Manager, $120M AUM

A decade of industry
recognition.

OpEff and Perfona have been recognised by leading alternative investment industry organisations for technology excellence and operational innovation.

2024
Administrator of the Year — Shortlisted
Recognised for pioneering the first AI-enabled autonomous fund administration service, eliminating manual processes across the full operations lifecycle.
Hedgeweek US Awards
2024
Best Administrator - Technology - Shortlisted
Recognized for seamless integration between fund accounting and investor portal — enabling real-time, self-serve LP access with zero reconciliation gaps.
WithIntelligence US Services Awards
2024
Best Fund Accounting and Reporting Software - Shortlisted
Recognized for building the first fully web-based fund accounting and waterfall allocation system capable of running an entire back office without spreadsheets or third-party dependencies.
WithIntelligence US Services Awards
2017
Best Workflow Management System - Winner
Honoured for pioneering the first AI-enabled autonomous fund administration service, eliminating manual processes across the full operations lifecycle.
HFM US Technology Awards
2018
Best Portfolio Management Software - Finalist
Recognised as one of the most impactful PMS innovators serving alternative investment managers, cited for replacing legacy stacks with cloud-native architecture.
The Drawdown Private Equity Awards
2020
Best Fund Accounting Software - Shortlisted
Recognized for the most innovative fund accounting software that handles both GL and investor accounting as a SaaS native offering.
US Technology Awards

Ready to eliminate
the spreadsheet?

Schedule a consultation and see exactly how Perfona can transform your fund's back-office operations — from day one.

30-minute live platform walkthrough
Walk away with actionable operational advice from our SMEs
Tailored to your specific fund structure and strategy
No commitment required — just a conversation
Meet the team that will actually work with you
Request a Demo
We'll be in touch within one business day.