Case Study: Legalist scales private credit fund administration with Carta

Legalist scales to $1.5 billion AUM with Carta

Legalist, a San Francisco-based investment advisor specializing in private credit, faced operational bottlenecks and a lack of scalability as it rapidly grew its assets under management to $1.5 billion. The challenge was to find a fund administration solution that could provide accuracy and efficiency to support complex investments and sophisticated investor questions without creating manual work. Legalist turned to Carta for its fund administration service to address this.

Carta provided a unified platform that centralized and automated fund administration processes like capital calls and reporting. This solution gave Legalist real-time visibility into fund data, enabling quick and accurate responses to investors and eliminating manual bottlenecks. The measurable impact was significant time savings, allowing the CFO to focus on strategic leadership. Carta's accuracy ensured all reporting, audits, and taxes were completed correctly and on time, providing peace of mind and supporting continued scaling.

Legalist