Selene Platform
The complete fund operations platform.
Selene is for fund administrators, asset managers, insurers, and private credit and private asset managers. Twelve connected domains cover the whole life of a fund, from entities and fund structures to investor onboarding, capital calls, deals, NAV, waterfalls and reporting. Most teams use it to replace several systems with one, which cuts both the running cost and the reconciliation work.
Why teams run on Selene
Every strategy on one platform
Private equity, hedge, venture, credit, real assets and fund of funds all run on the same data model. Selene was designed for multi-strategy managers from the start, so the hedge book never needs a second system or a bridge file.
One ledger, every book
ABOR, IBOR and shadow books live in one ledger. The NAV engine strikes at fund, class, series and investor level, across GAAPs and currencies, with maker-checker controls on every posting.
Compliance in the everyday workflow
KYC, sanctions and PEP screening, MiFID II onboarding and AIFMD, FATCA and CRS reporting are part of the normal process, backed by an audit log that is never deleted.
What we set out to fix
✗ Traditional Systems
✓ The Selene Approach
Separate tools for accounting, transfer agency, compliance and reporting, and data that never quite lines up between them
Fund accounting, transfer agency, middle office and compliance on one platform, working from one set of data
Business rules are hard-coded, so changing a waterfall means months of waiting on the vendor
European, American and hybrid waterfalls are set up through parameters, with no code changes
Days spent matching positions, chasing breaks and tracing cash movements
Matching, position reconciliation and break management run automatically, and your team only sees the exceptions
Regulatory filings pieced together from spreadsheets at quarter-end
MiFID II, FATCA, CRS and AIFMD handled inside everyday workflows, with a continuous audit trail
How Selene compares, module by module
100%
Selene capability coverage, all twelve modules
81%
Average coverage of the best legacy alternative, per module
Entities & Counterparties
Fund Structure
Vehicles & Master-Feeder
Investor Lifecycle
Capital Operations
Portfolio & Deals
Accounting & NAV
Waterfall & Carry
Hedge Fund Operations
Compliance & Regulation
Portals & Documents
Performance & Reporting
Assessed capability by capability against five leading fund platforms. "Best alternative" is the highest score any of them achieved for that module; no single platform achieves these scores across the board.
Who runs on Selene
Fund AdministratorsAsset & Fund ManagersInsurersPrivate Credit ManagersGPs & Family Offices
Fund coverage
Private EquityHedge FundsVenture CapitalPrivate CreditReal AssetsInfrastructureFund of FundsSMAUCITSRAIF
Domicile coverage
United StatesEuropean UnionUnited KingdomCayman IslandsBVIIrelandLuxembourgSingaporeUAECanada
Selene at a glance
Connected domains 12 modules
Books of record ABOR · IBOR · Shadow
Fund coverage PE · HF · VC · Credit · Real Assets
Regulatory reach AIFMD · MiFID II · FATCA · CRS
Platform modules
Entities & Counterparties
A live register of funds, GPs, LPs, SPVs, banks and advisers. KYC status, beneficial-ownership chains and sanctions and PEP screening all sit on the same record.
KYC · UBO · Screening Fund Structure
Every fund type and lifecycle stage is supported. Strategy, legal form, fees, hurdles, carry and waterfall terms are configured per fund, including the non-standard ones.
Fees · Hurdles · Waterfalls Vehicles & Master-Feeder
Masters, feeders, blockers, SPVs, parallel funds and co-invest vehicles in one chart. Capital flows cascade through each tier, with look-through and consolidation handled for you.
Full Structure Stack Investor Lifecycle
Guided onboarding covering MiFID II classification, suitability, FATCA and CRS self-certification and side letters, with a regulatory audit log that is never deleted.
Regulated Onboarding Capital Operations
Capital calls and distributions from notice to settlement, including equalisation on later closes, withholding, recallable amounts and pro-rata allocation across hundreds of LPs.
Calls → Distributions Portfolio & Deals
From pipeline to realisation: deal terms, tranches, drawdown schedules, interest accrual, covenant tracking and controlled valuations, all audited before they reach the NAV.
Deal → Ledger Waterfall & Carry
European, American and hybrid waterfalls with tiered hurdles, catch-up, clawback and vesting. Each tier keeps its full calculation trail, and LPs get their own carry statements.
Carry Without Spreadsheets Hedge Fund Operations
Daily NAV with P&L attribution, incentive fees, high-water marks, gates, lock-ups, side pockets and series accounting, on the same engine as the private equity side.
Daily NAV · Liquidity Compliance & Regulation
AIFMD, Form PF, MiFID II, PRIIPs, FATCA, CRS and Canadian regimes, with approval matrices, segregation of duties and versioned policies.
Widest Regulatory Reach Portals & Documents
Investor, GP and auditor portals on live data, with watermarked delivery, e-signature, versioned documents and capital account statements whenever they are needed.
Three Portals · One System Performance & Reporting
IRR, TVPI, DPI, MOIC, PME and benchmark analysis, plus a drag-and-drop report builder, ILPA-aligned templates, branded investor packs and API access to every metric.
No-Code Reporting The life of a fund in Selene
01 Counterparty Onboarded KYC complete
02 Fund Created Terms defined
03 Investor Subscribes LP onboarded
04 Capital Call Issued Notices delivered
05 Cash Reconciled Settlement matched
06 Money Invested Deals booked
07 P&L Generated Realised & unrealised
08 Allocated to LPs By rules
09 NAV Calculated Fund & investor
10 Distributions Processed Cash returned
11 Carry Calculated GP earns
From discovery to live operations in 2–3 months
01
Weeks 1–2
Discovery & Process Mapping
We run workshops with your operations, compliance and technology teams to map how work gets done today, find what can be automated and design the setup around your fund structures.
02
Weeks 3–7
Configuration & Integration
Selene is configured for your fund economics, waterfalls, share classes and regulatory needs. Data migration and custodian and prime-broker connections happen alongside.
03
Weeks 8–12
Parallel Run & Validation
Selene runs next to your existing systems. NAVs, waterfalls and investor reports are reconciled between the two until you are ready to switch.
04
Ongoing
Live Operations & Evolution
Your support team stays in place after go-live. New fund launches, regulatory changes and new strategies are handled through configuration rather than new development.
We’ll take one of your funds from subscription through NAV to carry in the demo.
Time to move off your legacy systems?
We’ll set up a demo around your own workflows and data, and walk you through it ourselves.