One decelerating formula — 10 bps to start, stepping down to 6 bps at scale, on a graduated basis so crossing a band never spikes your bill. Published and self-serve for most funds; a short form refines an estimated tailored quote for larger or more complex funds.
Graduated schedule — each band's whole-number bps applies only to the AUM within that band. The $750/mo floor protects Emerging funds at the very start.
The lane name is just where your fund is today — the rate decelerates as you grow.
Full fund administration — NAV, capital calls, K-1s, GP & LP portals — at a rate that falls as your fund grows.
Graduated — crossing a band only lowers your marginal rate on the portion above it.
Carry-for-discount is a negotiable lever, not a headline published rate — surfaced in the quote conversation, available on any tier.
A 1,000-LP fund costs a human-heavy shop a fortune to service — so incumbents charge more as your investor base grows. We are AI-native, so serving more LPs costs us a fraction. The thing that penalizes you elsewhere is exactly where we reward scale: LP count adds $0 to your rate.
One source of truth for the fund team and every investor.
Generated, reviewed, and delivered without the year-end scramble.
Calls, distributions, and statements that stay reconciled.
Your team, amplified — it surfaces the answer; you make the call.
A few questions tailor your estimate. Complex structures, many entities, or bespoke waterfalls get a custom quote from our team. Emerging funds with straightforward structures self-serve at the published bps above — no call required.
Tell us about your fund and we'll map you to the rate that fits — no long-term lock-in, no surprises.
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Conductive Admin
Institutional-grade fund administration. Empowering alternative asset managers with reasoning-driven insights, robust compliance, and operational excellence.
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