Free tool

Build your fund structure

Choose where the fund is domiciled, start from a common structure, then add or remove entities. You will see the legal forms available in each jurisdiction, what investors in each vehicle are called, and what each entity files.

Step 1

Where is the fund domiciled?

Step 2

Start from a structure

One vehicle, one set of books, one return. What most funds use.

1 entity
Sponsor side
General Partner
General partner
United States · Limited Liability Company (LLC)
Controls the fund and signs its governing agreement.
Investors
subscribe to
Fund (single entity)
Fund
United States · Limited Partnership (LP)
The fund holds
Portfolio investments

Drawn from what you entered, with the same tiering the software uses. Nothing is saved.

For this structure · 1 entity
Starter$350 /fund / mo
Start free trial

Every filing entity counts as one. Add a blocker or a feeder and the plan updates here — the same prices as our pricing page, and the same checkout.

Does Keel work here?

  • Commitments, capital calls, allocation, bank reconciliation, waterfalls and the investor portal work in every jurisdiction.
  • Runs in USD — capital accounts, statements and reporting all in your fund’s own currency.
  • Available in your language, and each investor can read the portal in theirs.
  • Automatic bank feeds are available — transactions import and reconcile on their own.
  • Investor tax reporting is built for this jurisdiction, including Schedule K-1 (Form 1065).
  • 6 legal forms commonly used here, plus your own if we have missed one.
This structure is administered end to end on Keel today.

Read from the same rules the software enforces, so nothing here promises what the product would refuse.

You can model any structure here. Keel administers single-entity funds today; linked multi-entity administration is on the roadmap.

This tool lists the vehicles available in each jurisdiction and what each one files. It is not legal or tax advice, and it does not recommend a structure — your counsel designs the structure, Keel records and administers it.

Run this structure for real

Keel administers single-entity funds end to end today — capital calls, bank reconciliation, the investor portal, performance and tax. Multi-entity administration — per-entity books, calls allocated across entities, and a tax package for each filing entity — is on the near-term roadmap.

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