Fund Files
How Dual Ledger runs on live vehicles
Housing • LIHTC
CDFI • Credit
Ag • Outcomes
Engagements
Priced by vehicle count and reporting load
Ongoing administration under a signed agreement. Reading the method is free. Running the books is the paid work.
The Firm
We administer impact funds for managers who need fiduciary-grade books and a verified scorecard in the same pack. NAV, calls, distributions, and filings sit on one calendar.
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Years in Admin
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Reports On Time
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Vehicles Served
How We Work
How a fund comes onto Dual Ledger
1. Scope the vehicle
We map your NAV calendar, LP pack, and impact metrics before any files move.
2. Sign the engagement
A scoped agreement. Fees, deliverables, and data dependencies in writing.
3. Run the calendar
We process calls, post NAV, and ship the scorecard on the same cycle as the financials.
The Work
What we run for you
Institutional fund administration with a verified impact scorecard in the same pack as the financials.
GPs Say
Two number sets. One LP package.
Impact metrics used to live in a spreadsheet. Financials lived in the admin file. Dual Ledger put both on the same close.
Calls and the LP pack landed together.
Call notices used to leave the scorecard behind. LPs now get both in the same send.
03/14/2021
We stopped the spreadsheet recon.
Deal-team soil metrics lived in a shared sheet. Moko treats those numbers with the same close discipline as NAV.
11/02/2023
Audit asked for one source.
Our auditor wanted capital accounts and community-lending outcomes from the same close file. That is now the default pack.
08/19/2018
I stopped chasing two vendors.
Financials came from admin. Impact came from the GP a week later. One administrator now owns both numbers.
05/06/2025
NAV and the scorecard same day.
LPs used to get kWh and avoided-emissions figures after the financial close. They now arrive in the same package.
01/28/2020
One admin across three vehicles.
We added an impact sleeve to an existing platform. Moko took all three vehicles onto one close calendar.
06/27/2026
NAV and the scorecard same day.
Acreage and soil tests used to miss the NAV pack. They now close on the same night.
06/27/2026
One pack, same cutoff.
"We used to export NAV from one desk and units from a workbook. Dual Ledger ships both in one pack, same cutoff."
07/15/2026
Audit asked for one source.
"Our CDFI vehicle needed call notices that matched the scorecard. Collection status now sits next to NAV share."
07/24/2026
One administrator owns both.
I stopped chasing two vendors.
06/27/2026
One Dual Ledger file.
Family-office ops used to chase two PDFs. One Dual Ledger file is what our IC files now.
06/27/2026
One admin, three vehicles.
We added an impact sleeve to an existing platform. Moko took all three vehicles onto one close calendar.
06/27/2026
01. How does Dual Ledger work?
We run NAV, calls, and a verified impact scorecard on one close. You keep the GP seat. We post the books and ship the LP pack.
02. Which funds do you administer?
Impact funds that need fiduciary-grade books and a verified scorecard in the same pack. Housing tax-credit, CDFI, regenerative ag, and similar vehicles.
03. Can Dual Ledger follow our calendar?
Yes. We map your NAV dates, LP pack, and impact metrics before any files move. Fees and deliverables sit in a signed agreement.
04. How long does onboarding take?
We scope the vehicle on a call, then work to the next close on the calendar you already run. Timing depends on data you supply.
05. What is in a Dual Ledger pack?
NAV, capital accounts, call notices, distributions, and a verified scorecard. Filing support is available when you supply the underlying files.
06. How do we start?
Book a scope call. Send a vehicle, a close date, and the scorecard you owe LPs. We will map Dual Ledger, NAV, and notices.
From the Desk
Notes on dual reporting and close work
Notes from the admin desk: NAV calendars, scorecards, and what LPs actually receive.
One pack, two number sets
What verified means here
Close calendars for first funds
Every financial report ships with a verified impact scorecard.
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