Selene Platform
The complete fund operations platform.
One-stop solution for fund administrators, asset managers, insurers, private credit and private assets. Twelve connected domains across the full fund journey (entities, fund structures, investor onboarding, capital calls, deals, NAV, waterfalls and reporting): compliant, automated, optimized. Rationalize your multi-system landscape, drive economies of scale and reduce operating costs.
Why teams run on Selene
Every strategy, one platform
Private equity, hedge, venture, credit, real assets and fund-of-funds run on one data model. Built multi-strategy first, so hedge and PE never need a second system or a bridge file.
One ledger, every book
Unified ABOR, IBOR and shadow books with a NAV engine at fund, class, series and investor level; multi-GAAP, multi-currency, maker-checker controlled, reconciled by design.
Compliance built in, not bolted on
Native KYC, sanctions and PEP screening, MiFID II onboarding, AIFMD, FATCA and CRS reporting: a regulated workflow with a never-delete audit log, not a document portal.
Why the industry needed something new
✗ Traditional Systems
✓ The Selene Approach
Fragmented systems: separate tools for accounting, transfer agency, compliance and reporting, with no data continuity
One platform spanning fund accounting, transfer agency, middle office and compliance, on a single data model
Hard-coded business rules: changing a waterfall means vendor intervention and months of work
Parameter-driven architecture: configure European, American or hybrid waterfalls without code changes
Manual reconciliation: days spent matching positions, breaks and cash movements
Automated matching, position reconciliation and break management with exception-only workflows
Compliance as an afterthought: filings assembled from spreadsheets at quarter-end
Embedded compliance: MiFID II, FATCA, CRS and AIFMD in every workflow with a continuous audit trail
Capability coverage: benchmarked, not claimed
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
One live counterparty registry: funds, GPs, LPs, SPVs, banks and advisors with KYC status, beneficial-ownership chains and native sanctions and PEP screening on the same record.
KYC · UBO · Screening Fund Structure
Every fund type and lifecycle stage natively supported: strategy, legal form, fee, hurdle, carry and waterfall economics configured per fund, with no bespoke build for non-standard terms.
Fees · Hurdles · Waterfalls Vehicles & Master-Feeder
Masters, feeders, blockers, SPVs, parallel and co-invest vehicles in one chart; capital flows cascade down tiers with automatic look-through and consolidation.
Full Structure Stack Investor Lifecycle
Guided onboarding with MiFID II classification, suitability assessment, FATCA/CRS self-certification, side letters and a never-delete regulatory audit log.
Regulated Onboarding Capital Operations
Capital calls and distributions end to end: notices, equalisation on subsequent closes, withholding, recallables and pro-rata allocation across hundreds of LPs.
Calls → Distributions Portfolio & Deals
Pipeline to realized: deal terms, tranches, drawdown schedules, interest accrual, covenant tracking and controlled valuations with a full audit trail before NAV.
Deal → Ledger Waterfall & Carry
European, American and hybrid waterfalls with tiered hurdles, catch-up, clawback and vesting; a full calculation trail per tier and LP-level 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. The same engine as the PE side.
Daily NAV · Liquidity Compliance & Regulation
AIFMD, Form PF, MiFID II, PRIIPs, FATCA, CRS and Canadian regimes, with approval matrices, segregation of duties and policy versioning built in.
Widest Regulatory Reach Portals & Documents
Investor, GP and auditor portals on live data: watermarked delivery, e-signature, versioned documents and capital account statements on demand.
Three Portals · One System Performance & Reporting
IRR, TVPI, DPI, MOIC, PME and benchmark analysis with a drag-and-drop report wizard; ILPA-aligned templates, branded investor packs and API access to every metric.
No-Code Reporting How everything connects: the fund lifecycle
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
Workshops with your operations, compliance and technology teams: workflows mapped, automation opportunities identified, and the configuration designed around your fund structures.
02
Weeks 3–7
Configuration & Integration
Selene configured to your fund economics, waterfalls, share classes and regulatory requirements; data migration and custodian and prime-broker integration run in parallel.
03
Weeks 8–12
Parallel Run & Validation
Full parallel operations with your existing systems: NAV reconciliation, waterfall validation and investor reporting run side by side until cutover confidence is established.
04
Ongoing
Live Operations & Evolution
A dedicated support team absorbs new fund launches, regulatory change and strategy expansion through configuration, not redevelopment.
See Selene run your fund operations (subscription to NAV to carry): a live demo on your funds, not a slide deck.
Ready to retire your legacy systems?
Let our team walk you through a live, personalised demo built entirely around your workflows.