botminds.aiRequest a demo

LPA Compliance demo

Reads LPA and side letter terms and checks fees and expenses against them, for fund CFOs 1:33

Book a demoExplore the solution

What the demo shows

Reads LPA and side letter terms and checks fees and expenses against them, for fund CFOs

A question box over every fund's governing documents. Ask whether a fund can pay for a portfolio-company board dinner and the agents answer in seconds with a verdict banner, the governing clauses as quote cards, the overriding side letter and LPAC consent beneath, and the original language beside its English rendering; a sidebar shows the term-table rows the answer drew on. A Search agent answers, a Precedence agent applies amendments, consents and MFN elections, a Language agent reads the originals, a Checker agent re-answers blind, a Conflict agent sends contradicting clauses to counsel, a Term agent keeps the term table current, an Expense check agent tests every booked line, and an Evidence agent logs it all. Counsel approves every term change, the CFO approves every cost moved between a fund and the manager, and nothing is answered without its clause.

Transcript

  1. LPA Compliance checks fund fees and expenses against the LPA and side letters for fund CFOs.
  2. In 2025, the SEC penalized an advisor whose fee offset fell short of its LPA.
  3. Overnight, agents flag a Munich board dinner on Fund 3.
  4. Priya asks, Can it pay?
  5. Five agents plan, read 50 documents, and check each other.
  6. Not chargeable. Entertainment needs committee approval.
  7. The March consent covers fund two only, and a German side letter forbids it.
  8. Priya proposes moving the cost.
  9. The conflict agent sends an amendment to counsel.
  10. Tomas, fund counsel, compares both clauses, rules, and approves the term change.
  11. Helena, the CFO, approves moving over 18,000 euros to the manager.
  12. Every answer cited, every change second approved, every step logged.
  13. Last quarter, over a thousand questions answered with their claws and 44 expenses moved.
  14. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.