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Trusted by leading fund formation practices

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ProVision by ILS

Legal Technology for Investment Fund Teams

ProVision automates  side letter management, MFN processes, and investor comment workstreams,  providing funds and law firms a single platform for all legal obligations and investor relationships.

Testimonials

Trusted by legal teams managing complex funds

ProVision supports structured, auditable workflows across side letters, MFNs, and ongoing investor obligations.

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“The ProVision solution transforms what was often a lengthy and unrewarding task into a streamlined, harmonized and efficient user experience”

Mandee Gruen

Co-Chair of Goodwin’s Private Investment Funds Practice

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“Proskauer has been deeply involved with ProVision since we first became aware of its transformative capabilities, especially for side letter management”

Rob Newham

Senior Associate, Proskauer Rose

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“ProVision has been a gamechanger for our private funds group”

Melissa Bender

Co-Lead of the Private Funds Group,

Ropes & Gray

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ProVision by ILS

Legal Technology for Investment Fund Teams

ProVision automates side letter management, MFN processes, and investor comment workstreams, providing funds and law firms a single platform for all legal obligations and investor relationships.

Side letter management

Trusted by leading fund formation practices

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About

A smarter way to manage fund documents, investor terms, and compliance

5,000+

Side Letters

Uploaded, structured and managed on the platform

450+

New Matters

Launched and managed on ProVision in 2025

1,000+

Users

Across legal, compliance and fund formation teams

10+

of the World’s Largest Law Firms

Rely on ProVision for side letter management and MFN automation

$150+

Billion in Capital Supported

Across private investment funds worldwide

Global

Fundraising Coverage

US, UK, EU, Middle East, APAC

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About
A smarter way to manage fund documents, investor terms, and compliance

5,000+

Uploaded, structured and managed on the platform

Side Letters

450+

New Matters

Launched and managed on ProVision in 2025

1,000+

Users

Across legal, compliance and fund formation teams

10+

of the World’s Largest Law Firms

 Rely on ProVision for side letter management and MFN automation

$150+

Billion in Capital Supported

Across private investment funds worldwide

Global

Fundraising Coverage

US, UK, EU,

Middle East, APAC

How It Works
A workflow designed for real fund operations

ProVision mirrors how legal teams work - from review to decision-making - without forcing extra steps or unnecessary complexity.

Compile Side Letters into a virtual Master Side Letter

Instantly extract and structure provisions and investor information from side letters and master documents. Group related clauses, attach exhibits and schedules, and effortlessly search across funds for investor provisions, all in a clean, consistent format designed to scale.

Automated document extraction
Standardise and compare provisions at scale

Compare provisions across investors to quickly identify differences, apply consistent headings, and group investors with matching terms, reducing manual review and eliminating inconsistency.

Provision comparison
Run the MFN Process & Deliver with Confidence

Run the MFN process end-to-end with built-in anonymisation and exports. Generate election forms and manage responses to create a single source of truth for investor side letter provisions.

Run MFN process
Features
The legal complexity isn’t the real problem - the way it’s managed is.

Contracts, investor terms and MFN obligations don’t break workflows - fragmentation does. When side letters live in spreadsheets, inboxes and PDFs, risk becomes invisible until it’s too late.

Side letter & MFN automation

Automatically extract investor side letter information and generate MFN election forms in PDF and Word.

Single platform for investor terms

Keep all investor data, rights, and obligations in one secure, searchable platform.

Configurable workflows

ProVision is flexible to different types of funds and any type of MFN. Define rules and set parameters, with clear visibility and control at every step.

Audit-ready history and reporting

Keep a clear, complete record of every action, approval, and document version to support compliance.

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See ProVision in action

See how ProVision helps teams run structured legal workflows that cut risk, save time, and build confidence across fund operations.

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FAQs

Clear answers to common questions about ProVision, its capabilities, and how it fits into legal workflows.

Contact us

Need more information or have any specific questions? Contact us to learn how we can assist you further.

Run the MFN process & deliver with confidence

Run the MFN process end-to-end with built-in anonymisation and exports. Generate investor specific election forms and manage responses to create a single source of truth for investor side letter provisions.

Run MFN process
Provision comparison

Standardise and redline provisions at scale

Redline provisions across investors to quickly identify differences, apply consistent headings, and merge similar langauge, reducing manual review and eliminating inconsistency.

Compile side letters into a virtual Master Side Letter

Instantly extract and structure provisions and investor information from side letters, master documents and existing Master Side Letters. Group related clauses, attach exhibits and schedules, and effortlessly search across funds for investor provisions, all in a clean, consistent format designed to scale.

Automated document extraction
How It Works

A workflow designed for real fund operations

ProVision mirrors how legal teams work - from review to decision-making - without forcing extra steps or unnecessary complexity.

How It Works
Features

The legal complexity isn’t the real problem - the way it’s managed is.

Contracts, investor terms and MFN obligations don’t break workflows - fragmentation does. When side letters live in spreadsheets, word documents, inboxes and PDFs, risk becomes invisible until it’s too late.

Side letter & MFN automation

Automatically extract investor side letter information and generate MFN election forms in PDF and Word.

Single platform for investor terms

Keep all investor data, rights, and obligations in one secure, searchable platform.

Configurable workflows

ProVision is flexible to different types of funds and any type of MFN. Define rules and set parameters, with clear visibility and control at every step.

Audit-ready history and reporting

Keep a clear, complete record of every action, approval, and document version to support compliance.

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See ProVision in action

See how ProVision helps teams run structured legal workflows that cut risk, save time, and build confidence across fund operations.

Untitled.png
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FAQs

Clear answers to common questions about ProVision, its capabilities, and how it fits into legal workflows.

Contact us

Need more information or have any specific questions? Contact us to learn how we can assist you further.

Testimonials

Trusted by legal teams managing complex fund structures

ProVision supports structured, auditable workflows across side letters, MFNs, Comment Memos and ongoing investor obligations.

image 5

“The ProVision solution transforms what was often a lengthy and unrewarding task into a streamlined, harmonized and efficient user experience”

Mandee Gruen

Co-Chair of Goodwin’s Private Investment Funds Practice

Placeholder Logo.png

“Proskauer has been deeply involved with ProVision since we first became aware of its transformative capabilities, especially for side letter management”

Rob Newham

Senior Associate, Proskauer Rose

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“ProVision has been a gamechanger for our private funds group”

Melissa Bender

Co-Lead of the Private Funds Group, Ropes & Gray

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