Kenneth Thomas Mcguire

US Patent:

20220215475, Jul 7, 2022

Filed:

Jan 5, 2022

Appl. No.:

17/569258

Inventors:

- Rancho Santa Fe CA, US
Kenneth I. McGuire - Rancho Santa Fe CA, US

International Classification:

G06Q 40/06
G06F 16/215

Abstract:

A method and system are provided for an enhanced recordkeeping system for use in administering unitized private market collective investment vehicles over at least one network. The method includes storing, in at least one computer memory, data and instructions and accessing the stored instructions and executing the stored instructions with at least one computer processor to perform multiple operations. The operations include maintaining unitized private market collective investment vehicles by storing and updating information in accounting and holder databases, including information provided by vehicle accounting and transfer agency systems, offering subscriptions at a current unit net asset value (NAV), or at a current unit net asset value (NAV) and a current unit uncontributed holder commitment (UHC), which may be specific to a given vintage of commitments, and accepting requests to redeem from such vehicles from holders and responding to successful requests with redemption proceeds.