Conductive Admin · pricing

The greater of $750/mo or a rate that falls as you grow.

One decelerating formula — 10 bps to start, stepping down to 6 bps at scale, on a graduated basis so crossing a band never spikes your bill. Published and self-serve for most funds; a short form refines an estimated tailored quote for larger or more complex funds.

Estimate your fee

What would Conductive Admin cost my fund?

Drag to your fund's AUM.

Fund AUM: $40M

$1M$500M$1B$2B

$3,208/mo

$38,500 / yr

Compounding

graduated bps applies

Payments secured by Stripe · AI & data pulls billed separately via your Reasoning Wallet

Graduated schedule — each band's whole-number bps applies only to the AUM within that band. The $750/mo floor protects Emerging funds at the very start.

Three lanes · one formula

Emerging, Compounding, Leading.

The lane name is just where your fund is today — the rate decelerates as you grow.

Published rate

10 bps to start

Full fund administration — NAV, capital calls, K-1s, GP & LP portals — at a rate that falls as your fund grows.

Marginal pricing — growth never spikes your bill
No surprise pass-throughs
Minimum $750/mo while you are Emerging
Pay-as-you-go AI & data via your Reasoning Wallet

Get started Get a tailored quote

AUM band schedule

Emerging · ≤ $25M 10 bps min $750/mo

Compounding · $25M–$100M 9 bps

Compounding · $100M–$250M 8 bps

Leading · $250M–$500M 7 bps

Leading · $500M+ 6 bps

Graduated — crossing a band only lowers your marginal rate on the portion above it.

How you pay · cash or carry

Cash is the published rate. Carry is a lever you can pull.

Cash

Published rate · 10→6 bps graduated

Predictable — decelerates as you grow
No equity, no carry, no strings
Minimum $750/mo (Emerging)

Carry-for-discount

Grant a little carry → negotiate a discount

A negotiable discount on your published rate — any tier
Most attractive to new and emerging managers
Ask about carry-for-discount in your tailored quote

Carry-for-discount is a negotiable lever, not a headline published rate — surfaced in the quote conversation, available on any tier.

The moat

We never surcharge your LP count.

A 1,000-LP fund costs a human-heavy shop a fortune to service — so incumbents charge more as your investor base grows. We are AI-native, so serving more LPs costs us a fraction. The thing that penalizes you elsewhere is exactly where we reward scale: LP count adds $0 to your rate.

Every fund gets the whole platform

The choice is how you pay — never which features you get.

GP & LP portals

One source of truth for the fund team and every investor.

K-1s & documents

Generated, reviewed, and delivered without the year-end scramble.

Capital activity

Calls, distributions, and statements that stay reconciled.

Conductive Concierge

Your team, amplified — it surfaces the answer; you make the call.

Tailored quote

The published rate is your starting point.

A few questions tailor your estimate. Complex structures, many entities, or bespoke waterfalls get a custom quote from our team. Emerging funds with straightforward structures self-serve at the published bps above — no call required.

Ready to get started?

Tell us about your fund and we'll map you to the rate that fits — no long-term lock-in, no surprises.

Get started