How to track your portfolio and reporting
Where to find positions, valuations, documents and distributions in the app — and how often each of them actually changes.
The short answer
Every position you hold sits in the Portfolio section of the app: the company, the date and size of your subscription, the current valuation with its source and date, and the full document history for that SPV. Statements are issued periodically, and tax reporting is issued at the SPV level for you or your adviser to file with. Notices about the company and about distributions arrive in the app and by email.
What the portfolio actually shows
Positions One line per SPV: the company, the date you came in, and the amount you subscribed for. Valuation The current carrying valuation of the position, with the source and the date it was taken from. It changes on events at the company, not daily. Documents Subscription documents, the SPV’s own agreements, and the notices issued since — kept per position rather than in a single pile. Distributions Any proceeds paid out, and what they were paid out of.
A valuation is not a price you can sell at
The figure against your position is a carrying valuation derived from the last dated evidence about the company: a priced round, a tender offer, a reported secondary trade. Between those events it does not move, and a rise in it is not a gain you have realised. How the valuation of a position is updated sets out what counts as an event, and where the numbers come from explains the sources. There is no market maker behind a private position. The valuation tells you what the last transaction implied, not what a buyer would pay you today.
Statements, notices and tax
Statements covering your positions are issued periodically and appear in the app. Anything that changes the position — a round at the company, a tender offer, a step towards a listing, a distribution — is notified rather than left for you to discover. For tax, reporting is produced at the SPV level: US investors receive the partnership reporting the structure generates, and investors elsewhere receive SPV-level reporting to file with under their own rules. Axevil does not provide tax advice — take the reporting to an adviser in your jurisdiction.
When money comes back
Proceeds reach you after a liquidity event at the company — a listing, an acquisition, or a sale of the position on the secondary market. The SPV realises the position, settles the costs its documents provide for, and distributes what remains to its investors in proportion to their interests. How an exit works covers the three routes and why none of them carries a date.