Seamless Alts streamlines the process and reduces the administrative complexity of Special Purpose Vehicles (SPVs) through a combination of technology, automation, and integrated service offerings. Here’s how:
1. One-Stop Platform for SPV Creation & Management
Seamless Alts offers a centralized platform where users can:
- Form SPVs quickly and efficiently.
- Access standardized legal documents (e.g., PPMs, operating agreements) that are customizable and pre-vetted.
- Launch vehicles within days, not weeks.
2. Multi-Series LLC Structure
- By using a multi-series LLC, Seamless Alts allows sponsors to spin up new deals (or “series”) under an existing umbrella entity, avoiding the time and cost of forming a new entity every time.
- No need to refile EINs, bank accounts, or legal structures from scratch for each deal.
3. Embedded Cap Table & Investor Management
- Real-time digital cap table management.
- Automated investor onboarding with KYC/AML compliance baked into the process.
- Integrated subscription agreements and e-signatures streamline commitments and fund flows.
4. Built-In Fund Admin & Reporting
- Seamless Alts includes integrated fund administration:
- NAV calculation
- Capital call and distribution notices
- Investor reporting and tax documents (K-1s)
- Removes the need to coordinate across multiple third-party vendors.
5. Payment Rails & Bank Integration
- Partners with fintech banks and custodians to offer:
- Automated fund flow tracking
- Investor payments and distributions
- Real-time bank reconciliation
6. Compliance & Regulatory Automation
- Built-in workflows for:
- Blue Sky filings
- Form D submissions
- Ongoing SEC compliance checks
7. Sponsor Dashboards & Analytics
- Sponsor dashboards offer deal performance metrics, investor activity, and document repositories in one place.
- Reduces back-and-forth with lawyers, admins, and LPs.
Bottom Line:
Seamless Alts removes the friction from launching and managing SPVs by offering a vertically integrated, tech-forward solution. This reduces cost, eliminates manual workflows, and lets sponsors focus on closing deals and raising capital—not paperwork.