Patent ID: 7835965

Claim:
A system for private equity fund formation, the system comprising: a computing network, an application server including a memory and a private equity fund application, the application server in communication with the computing network, the private equity fund application further comprising an agreement engine configured to logic configured to receive participant information over the computing network, generate at least one electronic questionnaire, receive investor information over the computing network in response to the at least one electronic questionnaire, automatically generate a subscription agreement for the private equity fund, the subscription agreement incorporating the investor information received in response to the at least one questionnaire, the investor information based at least in part on an answer to a question, the question automatically generated in response to an answer to a previous question, wherein the answers to the questions are not received in a mutually exclusive fashion and at least one of the questions is automatically generated based upon a type of the private equity fund and a type of subscriber, receive private equity fund information, automatically qualify investor participation in the private equity fund based on the private equity fund information and the subscription agreement, a fund formation module configured to generate a spreadsheet that summarizes content and status of the subscription agreement, and wherein the private equity fund application includes an authorization code generator configured to automatically generate an authorization code when a participant is added to the system, the authorization code representing a specific participant and a specific fund family, and the authorization code used by individuals having a relationship to the specific participant to access fund documents associated with the specific fund family.