Case Study: a large European pension fund validates LPA fees and recovers overpayments with qashqade

Large European Pension Fund - Customer Case Study

A large European pension fund faced the challenge of validating complex fee calculations from its nearly 100 different alternative investment funds. The manual process of reviewing each Limited Partnership Agreement (LPA) and reconciling vast amounts of data was time-consuming and prone to error. The fund turned to qashqade and its LPA Validation service to automate this critical oversight task and gain an independent check on its general partners.

qashqade implemented its specialized application to normalize the fund's data, build scalable waterfall models, and run automated comparisons against the figures provided by the general partners. This solution provided the pension fund with detailed, standardized reports that highlighted any calculation discrepancies. As a result of these findings, qashqade’s work led to several instances where funds were credited back to the client, providing a direct and measurable return on their investment.