Quick Answer

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Private markets reporting helps family offices track investments that do not have the standardized data, daily pricing and custodial infrastructure of public securities.

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For family offices with significant allocations to private equity, venture capital, private credit, real estate and direct investments, this is one of the hardest reporting problems to solve.

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MyFO brings private investments into the same family-office environment as public assets, entities, documents, liabilities and forecasting, allowing the office to see private wealth as part of the complete balance sheet.

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Key Takeaways

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• Private-market reporting is fundamentally different from public-market reporting.
• Family offices need to track commitments as well as current value.
• Capital calls and distributions affect both performance and liquidity.
• Much of the underlying information arrives through documents.
• Entity ownership must be considered when calculating exposure.
• Private-market reporting should connect with cash-flow forecasting.

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What Is Private Markets Reporting?

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Private markets reporting organizes financial information about investments that do not trade on public exchanges.

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These can include:

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• Private equity
• Venture capital
• Private credit
• Real estate funds
• Infrastructure
• Direct investments
• Private companies

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What Family Offices Need to Track

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For fund investments, common data includes:

• Commitment
• Paid-in capital
• Unfunded commitment
• Capital calls
• Distributions
• NAV
• Cost
• IRR
• DPI
• RVPI
• TVPI

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This information changes at different times and frequently comes from different documents.

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Why Private Markets Are Difficult

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Public securities benefit from standardized market infrastructure.

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Private investments do not.

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A family office may receive a capital call today, a distribution notice next month and a quarterly NAV weeks after the quarter ends.

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That creates reporting latency and manual work.

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The Document Problem

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Private-market operations are document-heavy.

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Important information can arrive in:

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• Capital call notices
• Distribution notices
• Quarterly statements
• K-1s
• Subscription agreements
• Financial statements

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Historically, staff have manually read these documents and updated spreadsheets.

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AI-assisted document processing can reduce this burden by extracting structured information for review.

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Unfunded Commitments Matter

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A family with $100 million invested in private funds may also have tens of millions of dollars of unfunded commitments.

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Those commitments represent future liquidity requirements.

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Reporting only current NAV therefore provides an incomplete picture.

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Private Markets and Forecasting

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Suppose the family has:

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• $25 million cash
• $30 million unfunded commitments
• $8 million expected capital calls over 12 months
• $4 million expected distributions

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Those figures belong together.

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Private-market reporting becomes much more useful when commitments and expected cash flows feed liquidity forecasting.

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Look-Through Exposure

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Private funds can also obscure the family's underlying exposures.

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Where data is available, sophisticated reporting can help identify concentration by:

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• Geography
• Sector
• Manager
• Strategy
• Vintage
• Underlying company

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This becomes particularly important as private allocations grow.

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How MyFO Approaches Private Markets

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MyFO combines private investments with the rest of the family balance sheet.

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Its document ingestion capabilities can help bring information from private-market documents into the same environment as entities, investments and forecasts.

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That means a capital call can be understood not simply as a document, but as an event affecting an investment, an entity and future liquidity.

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The Bottom Line

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Private-market reporting is no longer a peripheral family-office requirement.

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For many families, private investments represent a substantial portion of wealth.

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The technology therefore needs to understand both the investment data and the operational events surrounding those investments.

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MyFO's connected approach makes private markets part of the complete family financial picture rather than a separate spreadsheet.

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Frequently Asked Questions

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What metrics should family offices track for private equity?

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Commitment, paid-in capital, unfunded commitment, distributions, NAV, IRR, DPI, RVPI and TVPI are among the most common.

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Why are private investments difficult to aggregate?

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Information often arrives through documents and administrators rather than standardized real-time feeds.

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Why should capital calls be included in forecasting?

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Because unfunded commitments create future liquidity requirements that can materially affect family cash planning.

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