What is a capital call? How they work and what a notice must include

Capital Activity·September 2026·7 min read What is a capital call? How they work and what a notice must include Flagship Team A capital call is a request from a private fund to its investors to pay in part of the money they have already committed. Investors do not hand over their full commitment when they […]

Fund accounting vs fund administration: what’s the difference?

Fund Administration·September 2026·6 min read Fund accounting vs fund administration: what’s the difference? Flagship Team Fund accounting produces a fund’s numbers: the general ledger, capital accounts, valuations, allocations and the net asset value. Fund administration is the wider operating function built around those numbers, from investor onboarding and capital calls to regulatory filings and investor […]

What happens when the accounting system stops being somewhere you go?

AI & Data·September 2026·5 min read What happens when the accounting system stops being somewhere you go? Marcus Rowe, Flagship The accounting system becomes infrastructure and the assistant becomes the workspace. AI prepares the transaction and puts it in front of the accountant, who reviews it and posts it. What may change is how often […]