Gridline: Platform Profile

Overview

Gridline has changed enough that a current review should not describe it as a simple retail app for buying slices of private-equity funds.

Its 2026 public positioning is a turnkey alternatives management platform built primarily for:

• registered investment advisers;
• home offices;
• private-wealth firms;
• fund managers.

The platform provides infrastructure for evaluating private-market opportunities, creating proprietary funds, managing subscriptions and capital calls, administering investments, and reporting results to clients.

At the same time, Gridline's current support documentation still describes an Individual investor profile and allows qualified individuals and entities to invest directly in available private funds after accreditation and KYC/KYB verification.

Both statements matter.

The clean description is:

Gridline is now advisor-first private-market infrastructure with continuing direct-investor functionality for eligible accredited investors.

That is materially different from describing it as a mass-market alternative-investment marketplace.

May fit better for

• accredited investors comfortable with private funds and capital calls;
• qualified purchasers seeking products with higher eligibility thresholds;
• investors who want portfolio-level private-market reporting;
• investors who understand committed capital and unfunded commitments;
• advisers building or managing alternative-investment programs;
• investors willing to hold illiquid closed-end or drawdown vehicles for years.

May fit less well for

• non-accredited investors;
• investors who need daily liquidity;
• users looking for public stocks, ETFs, options, or cash management;
• investors who want a simple fixed minimum across every product;
• users who expect one universal fee or carry structure across all investments;
• investors uncomfortable wiring capital after future capital calls.

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Gridline's legal roles should remain separate

The current public site identifies:

• Site operator: Gridline Holdings, Inc.

The regulated advisory affiliate is:

• Investment adviser: Gridline Advisors, LLC
• CRD: 317336
• Registration: Georgia
• SEC registered investment adviser: No

Current Investment Adviser Public Disclosure records list Gridline Advisors as approved in Georgia.

The platform's May 12, 2026 Terms of Service separately states that Gridline does not engage in the business of effecting securities transactions and is not registered as a broker-dealer.

into one legal entity.

Registration of an investment adviser also does not mean a regulator approved the merits of any private fund.

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Eligibility is accredited-investor first

Current account-creation documentation states that an investor creating an account for himself, herself, or an entity the user manages selects an Individual profile.

The account process includes:

1. login creation;
2. investor profile;
3. accreditation or qualified-purchaser verification;
4. KYC/KYB verification.

Current support explicitly states:

• Private funds require accredited investor: Yes
• Some products qualified purchaser only: Yes

An accredited investor is not automatically eligible for every Gridline product.

Some funds can impose a higher qualified-purchaser or product-specific standard.

Eligibility should be treated as product-specific even after the platform profile is approved.

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There is no reliable universal 2026 investment minimum

Current Gridline support allows the investor to configure an investment amount, but the current public materials do not establish one clean platform-wide minimum that applies to every available private fund.

The governing fund page and subscription documents control.

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Current Gridline AUM fee ranges from 0.50% to 1.00%

Gridline's current support page publishes a tiered annual AUM fee based on total Gridline AUM:

• Gridline AUM fee:
• Under 1m: 1.00%
• 1m to 2 5m: 0.85%
• 2 5m to 5m: 0.65%
• Over 5m: 0.50%

Gridline states that the management fee is fully inclusive of specified platform/fund-services costs, including:

• manager diligence and portfolio construction;
• ongoing asset management and performance reporting;
• treasury management;
• accounting;
• audit;
• tax preparation;
• platform technology;
• customer service and investor relations.

It also states that the fee rate assigned to a new investment is locked for the life of that investment.

Simplified fee example

A first Gridline investment of $500,000 falls in the under-$1-million tier.

At a 1.00% annual reference rate:

$500,000 × 1.00% = $5,000

That is a simplified annual percentage illustration, not a promise that every fund's cash-fee timing or expense presentation will be identical.

Fund governing documents still control.

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Carry is usually zero at Gridline—but not always

An older summary statement that Gridline charges no carry across the platform would now be too broad.

Current Gridline support states that its products commonly do not have a Gridline carry fee, but specialized products can include one.

The exact carry is displayed in:

• the product detail view;
• the investment configuration flow;
• investment documents.

Underlying private-fund managers can also have their own economics. Gridline's platform/advisory fee is not necessarily the only economic layer in an investment.

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Capital calls are part of the product—not a technical detail

Gridline supports committed-capital structures.

Current investment instructions allow capital-call schedules that can include:

• one installment;
• three installments for investments below $3 million;
• five installments for investments above $3 million, where available.

The selected fund manager can determine the available schedule.

Current capital-call support states:

• Primary payment method: wire
• ACH: available upon request
• Unique wiring instructions per investment: Yes

The first capital call is generally due within seven days after document signing under the current workflow.

This creates a risk that public-market investors do not face in the same form:

committing $500,000 does not necessarily mean the full $500,000 is funded on day one, but the commitment can still create future funding obligations.

The investor should track both:

• contributed capital;
• unfunded commitment.

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The investment documents are private-fund documents

Current Gridline workflow can include:

• subscription agreement;
• investor questionnaire;
• limited partnership agreement;
• private placement memorandum;
• W-9;
• AML questionnaire.

That structure confirms the economic reality.

Gridline is not a public securities exchange.

An investor is generally subscribing to a private fund interest under the applicable documents.

Holding period, transfers, distributions, fund life and any redemption mechanics are product-specific.

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Reporting is unusually central to the product

Current Gridline reporting can show:

• committed capital;
• contributed capital;
• unfunded capital;
• NAV;
• realized and unrealized value;
• TVPI;
• DPI;
• MOIC;
• IRR;
• capital-call due dates;
• quarterly and annual reports.

This is useful because the administrative burden of private funds can be as important as access to the funds themselves.

It does not solve the underlying valuation problem.

Private-market NAV and performance measures can rely on manager valuations and infrequent asset-level realizations rather than continuous market prices.

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Retirement-account access exists through a third party

Current investment support references the ability to create and fund an Equity Trust IRA in applicable workflows.

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Assessment

Gridline's main 2026 story is not a new asset class. It is a change in who the product is built around.

The public platform now speaks primarily to advisers, home offices and fund managers, while the investor support system still documents direct accredited-investor participation.

For a direct investor, the most important economics are straightforward enough:

• accredited status required for private funds;
• some products require qualified-purchaser status;
• no clean universal minimum;
• 0.50%-1.00% annual Gridline AUM fee by tier;
• Gridline carry commonly zero but not universally zero;
• capital calls can create future funding obligations;
• private-fund liquidity is limited.

The strongest feature is operating infrastructure around a difficult asset class.

The tradeoff is that better administration does not make the underlying private funds liquid, easy to value, or low risk.