@hanoverpark
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Hanover Park has crossed $40 billion in assets!
Thank you to the clients who partner with us to push the frontier of AI and finance.
Our only goal: make every client a "raving fan".
And we're just getting started. $40B is less than 0.03% of the $147 trillion assets globally.View quoted post on X
South Park Commons crossed $2 billion AUM and selected @hanoverpark as the firm’s first AI-native fund administrator.
What changed:
→ Closing docs land, and agents assist in booking the investment
→ Capital calls hit LP inboxes the same day
→ Live fund metrics from his own AI assistant through our MCP. No ticket, any day of the quarter.
→ Q2 LP reporting went from 57 days to 38 days
What didn’t change: white glove service.
Siddhant Jain Jaiswal said it best: “Execution moves, ownership doesn’t.”
In five years, nobody will describe a fund administrator as "AI-native." It will just be what fund administration means, the way nobody says "cloud-based" anymore.
The question for every CFO is whether they made the switch while it was still a choice or after it became a requirement from LPs.
@spc chose early because it fit how the firm already operates. SPC runs its own workflows on frontier AI models: sourcing, portfolio tracking, LP reporting, internal ops. Fund admin was the last piece of the stack still living in email threads and spreadsheets. Hanover Park closes that gap with a system of record built for agents to read and accountants to verify.
“As a fund, we focus on investing in people and businesses that are working on frontier areas of technology. We are better investors and operate more efficiently when we leverage tools and vendors that live on the frontier themselves. Hanover Park has led the way here.”
- @finn_meeks, General Partner, South Park Commons
Proud to partner with South Park Commons to build the future together.View quoted post on X
@chrishlad @mvernal @conviction @saranormous We are onboarding with HP now and my accounting team is next level. The levelView quoted post on X
of detail is beyond.
Customer obsession is measured by actions not words.
So when @mvernal at @conviction pinged me with a feature request, we moved quickly.
49 minutes later... it's live 🚀View quoted post on X
Announcing upgraded AI-native capital activity @hanoverpark 🚀
Capital calls and distributions are still manual, painful and error-prone. Legacy fund admins take 5+ days just to run the math and generate notices.
That’s unacceptable in 2026.
We rebuilt capital activity from the ground up.
Our AI agent can:
1) Call or distribute across multiple funds, blockers and GP entities in a single prompt
2) Allocate down to each LP, each deal, each journal entry
3) Reformat notices to your template instantly
AI prepares. Our fund accounting team reviews every notice before it goes to LPs.
White glove service with AI.View quoted post on X
