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Clarity from Complexity.

A legal and investor document analysis platform built for LPs across the full spectrum of private market investing strategies. We turn complex fund agreements into clear, actionable insights — helping you understand exactly what you're buying, what risks you inherit, and where opportunities lie.

Comparison
2 funds

Report Comparison

Fund A
Fund B
Management Fee
Favorable
Favorable
Waterfall
Favorable
Favorable
GP Clawback
Favorable
Risk
Recycling of Capital
Caution
Favorable
Leverage and Debt
Favorable
Risk
LPAC
Caution
Caution
Investment Limitations
Caution
Favorable
ATight economics; broad GP discretion; light LPAC oversight
BAppropriate economics; meaningful risk from clawback and leverage gaps
Fee Structure
Page 63|#DD-2847

Management Fee

4
Favorable
3
Caution
1
Risk
Rate
1.75% with Tiered Discount
Base
Capital Commitments
Rate Step Down
1.5% with 2 Year Delay
Base Step Down
Invested Capital (No Adjustment)
Payment Timing
Quarterly in Advance
Offset
100% Offset Undermined
Carry Forward
True-Up at Termination
Waiver Mechanism
Up to 1.0% Deemed
1.75%
Fee
1.5%
Step-Down
100%
Offset
75%
Governance
700 pg|24 terms

LP Rights

B+
Fund Grade
72%
Protection
Removal of GP
75% vote
LP Giveback
24 mo
Indemnification
Standard
Amendment Rights
66⅔%
Transfer Rights
Restricted
GP Alignment
85%
Fee Structure
68%
Exit Rights
78%
Analysis
700 pg|#DD-2847

Fund Terms

8
Standard
3
Review
1
Flag
Management Fee
1.5%
Carried Interest
20%
GP Clawback
Limited
Key Person
Review
Distribution Waterfall
Standard
1.5%
Fee
20%
Carry
8%
Hurdle
94%
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The DocsDiligence Promise

Fast | Clear | Confident

"Clarity shouldn't wait on billing."

Risk-Assessed

Red / Yellow / Green coding for clear term visibility. See what matters at a glance.

Lawyer-Reviewed

Every report checked by real legal experts. Human oversight ensures accuracy.

Time-Sensitive

Deals move fast; we deliver in days, not weeks. Never miss a deadline.

The Hidden Problem

Where Traditional Review Process Fails Investors

Traditional fund document reviews create bottlenecks that cost you time, money, and opportunity. The result? Delayed deals, inflated costs, and blind spots in risk assessment.

Slow

Reviews take weeks while deals slip away.

Costly

Billing piles up without predictability.

Risky

Critical clauses get buried or overlooked.

"Speed matters when your capital's on the line."

Traditional ProcessInefficient
Average turnaround2-3 weeks
Cost per review$10,000+
Output formatHigh-level memo

The Smarter Solution

Clause-Level Precision. Investor-Focused Insight.

DocsDiligence delivers fast, lawyer-validated clause analysis at a fraction of the cost.

Step 1

Upload Documents

Securely submit your fund documents through our encrypted platform.

Step 2

AI-Enhanced Review

Advanced technology extracts and analyzes every clause systematically.

Step 3

Lawyer Validation

Expert legal review ensures accuracy and catches nuances AI might miss.

Step 4

Investor-Ready Report

Receive clear, actionable insights with color-coded risk assessments.

"Faster diligence. Sharper insight."

See Risks at a Glance

Our Simple Clause Rating System

"Color-coded clarity, so you see what matters instantly."

Favorable Terms

LP-aligned, transparent, and protective.

Caution Terms

Off-market or potentially unfavorable – monitor or negotiate.

Risk Terms

GP-favored or potentially damaging.

Built for Investors — Not Just for Law Firms

Why LPs Choose DocsDiligence

"We Speak Investor, Not Legalese."

LP-Focused Lens

Every review is written for Limited Partners.

Predictable Pricing

Fixed fees, fixed timelines. No surprises.

Smart Risk Insights

Identify red flags and best-practice clauses.

Custom Depth

Add your own governance and sensitivity filters.

Sample: Key Person ClauseHigh Risk

"If any two of the Principals shall cease to devote substantially all of their business time..."

Analysis: Trigger requires 2 departures. Market standard is 1.
Recommendation: Negotiate for single-trigger provision.

Where We Go Deeper

23 Key Measures Analyzed

We read the clauses that move capital. We don't stop at definitions; we show how each clause behaves under pressure.

Fee Structure
Waterfall Terms
Key Person
GP Removal
Clawback
Distribution
LPAC Rights
Co-Investment
+15 more

Your specific sensitivities? We layer those in, too.

What We Reveal:

  • What you've actually bought
  • Where hidden liabilities or leverage exist
  • How those terms react under stress
  • Clause-level differences across vintages

Inherited Terms | Clarified Value

The Secondary Edge

Buying into secondary positions means inheriting decades of fine print. DocsDiligence reveals exactly what's buried in those legacy documents.

Our comparative LPA analytics highlight clause-level differences across vintages, so your secondary diligence is fast, standardized, and actionable.

"Turn patchwork portfolios into a clear picture."

Designed for Decision-Makers

Who We Empower

"Every role | One goal: faster, smarter clarity."

Compliance & Risk Officers

Eliminate blind spots in hours, not weeks.

Compare your current process

Investment Officers

Pinpoint clauses that move the needle.

See a sample analysis

General Counsel & Legal Directors

Cut legal spend by 70% without sacrificing depth.

Request side-by-side comparison

Mid-Size Allocators

Access institutional-grade review at a fraction of the cost.

See how peers use DocsDiligence

Results You Can Quantify

The DocsDiligence Difference

"Where traditional review stops, we start delivering insight."

Turnaround

Traditional

2–3 weeks

DocsDiligence

< 48 hours
Cost

Traditional

$$$$

DocsDiligence

$
Output

Traditional

Generic summaries

DocsDiligence

Clause-level insights
Focus

Traditional

Legal process

DocsDiligence

Investor decisions
70%

Cost Reduction

80-90%

Faster Review

100%

Confidence

Your Documents. Your Control. Always.

Security You Can Trust

"Trust is earned in every clause we read."

  • Encrypted uploads & private access protocols
  • Optional on-premise deployments for confidential environments
  • Every review includes human oversight
< 48h
Turnaround Time
70%
Cost Reduction
80-90%
Time Saved
25+
Years Experience
23
Key Measures

See What You're Really Buying

Request a sample LPA analysis or book a 15-minute walkthrough.

Let the clarity speak for itself.

"Clarity. Speed. Confidence. From Complexity."