Portfolio
KenCap
Kennis Capital Fund Management. Full-lifecycle fund management powering KRAIF and future fund vehicles.
Overview
The Primary Revenue Product
KenCap is the fund management platform at the core of Kennis Capital's operations. It handles the full lifecycle of a real asset fund: capital raising, deployment, quarterly valuations, distribution waterfalls, and investor reporting. KenCap powers KRAIF, the debut institutional fund, and is designed to support multiple fund vehicles as the platform scales.
Built as a modular calculation engine with pure, typed functions and no hardcoded values, KenCap produces institutional-grade financial models that can be audited, tested, and reconciled against independent sources with precision.
Capabilities
Fund Management Engine
Capital Calls & Distributions
Automated capital call issuance, investor allocation, and distribution waterfall execution with full audit trails and LP-level tracking across the fund lifecycle.
NAV Calculations
Quarterly Net Asset Value computation with triple reconciliation gates: Balance Sheet check, Cash Flow check, and NAV Bridge check must all resolve to zero.
Waterfall Modelling
Multi-tier distribution waterfall engine supporting preferred returns, catch-up, carried interest, and GP co-investment, configurable per fund structure.
Investor Reporting
Institutional-grade reporting aligned with INREV, EPRA, and ILPA 3.0 standards, covering performance attribution, fee transparency, and ESG disclosures.
Financial Integrity
Triple Reconciliation Gates
Every quarterly calculation must pass three independent reconciliation checks before results are accepted. If any gate returns a non-zero value, the calculation is rejected. This is not optional — it is a hard constraint enforced at the engine level.
BS_CHECK = 0
Balance Sheet
Total assets must equal total liabilities plus equity every quarter.
CF_CHECK = 0
Cash Flow
Opening cash plus net flows must equal closing cash every quarter.
NAV_CHECK = 0
NAV Bridge
Opening NAV plus income minus distributions must equal closing NAV.
Compliance
Institutional Standards
KenCap's reporting and calculation framework is aligned with the standards institutional investors and regulators expect. Reporting templates, fee disclosures, and performance metrics follow established industry frameworks.
Try KenCap
Explore the fund management platform powering KRAIF and the next generation of institutional real asset vehicles.