I like Avestor for managing funds, especially for real estate and hedge funds. It's great at keeping everything legal and ensuring capital is raised correctly. It's also really good for helping investors see their accounts, track their money flow, and view transactions, providing a lot of good reports. The convertible fund, pioneered by Avestor, allows for a single PPM and multiple deals with individual deal disclosures in your fund. That in and of itself saves a fund manager multiple thousands of dollars. It's a great platform with a bit of a learning curve, but not too difficult once you get into it. Their support is really good, and they are particularly effective in compliance with SEC regulations, which helps us stay compliant. I value the platform itself and the technology behind it. ACH integration makes cash distributions very convenient, allowing me to easily distribute funds to others. Additionally, I appreciate the responsive engineering team that's adapting the platform for various fund types. Avestor integrates with GHL well, allowing me to trigger actions from the platform, which is very handy. Review collected by and hosted on G2.com.
Avestor is built and geared mostly towards real estate investments, which makes it a bit tricky for other types of investing vehicles like hedge funds and stock funds that I'm working with. There are some workarounds needed to make it work, but on the bright side, their engineering team is really responsive and they're working on adapting the platform for the type of funds I work with. Also, there's a bit of a learning curve to it, but it's really not that difficult once you get into it. The initial setup requires at least a moderate level of technical know-how. It wasn't the easiest, but definitely not the most complex thing I've ever done. Review collected by and hosted on G2.com.