Given the SEC's private markets focus over the past several years, it should come as no surprise that SEC examiners are asking GPs to provide information that demonstrates clear organization of, and compliance with, side letter agreements across funds. When audited, internal teams routinely spend days compiling side letters and manually documenting hundreds of terms, the related investors, and the inception dates of each letter.
Now Insight customers can download information required to demonstrate side letter compliance in seconds. Insight’s side letter exports enable quick procurement of the documents and data needed for mock and regular audits.
Follow the steps below to complete audit responses faster with Insight.
Export Documents & Data for Multiple Funds
- Upon logging into Insight, arrive on the Funds page
- In the upper right corner, click the Actions drop-down and select Download Documents
- From the dropdown menu, use the checkboxes to select the desired fund(s). Choose to download the All Documents export, Overview of Fund Data export, or both and click Download
Overview of Fund Data: Fund names, document name, document type, count of obligations, investor display name, investor legal entity name, effective date of letter, and last modified date available in Excel format
All Documents: Side letters, limited partnership agreements, and other documents uploaded to Insight available in a Zip file
- From the Downloads folder, select the files needed for audit purposes
Export Documents & Data for a Single Fund
- Upon logging into Insight, arrive on the Funds page
- Navigate to the desired Fund and ensure you're on the Fund Documents tab
- From the Fund Documents tab, select Download Documents in the upper right corner
- Choose to download the All Documents export, Overview of Fund Data export, or both and click Download
Overview of Fund Data: Fund names, document name, document type, count of obligations, investor display name, investor legal entity name, effective date of letter, and last modified date available in Excel format
All Documents: Side letters, limited partnership agreements, and other documents uploaded to Insight available in a Zip file
- From the Downloads folder, select the files needed for audit purposes
Export Obligations
- Log into Insight using your username and password, which will bring you to the Funds page
- From the Actions drop-down in the upper right corner, select View Obligations.
- Next to the Actions dropdown, click the Download All button to export a summary of obligations in Excel format
Obligations export: Obligation name, description, owner, categories, party third names, fund, document type, document name, and corresponding reference text