Wire fraud is the most expensive failure mode in a raise, and it usually starts with banking details sent by email. In LP Port, wire instructions are set per investment and visible only to investors who have been accepted, alongside the name and number to call to confirm them.
Each investment holds its own structured wire instructions: bank name, account name, account and routing numbers, and the recipient and bank addresses. They appear only to investors whose subscription to that specific investment has been counter-signed. Membership alone is not enough, and being accepted into a different investment does not carry over.
Alongside them, you publish a verification contact: the person at the fund an investor should call, and the number to call, before sending money. That contact is shown as part of an anti-fraud warning, so confirming instructions is the normal path rather than an afterthought.
If instructions are never sent by email, an intercepted or spoofed email thread has nothing to alter.
Publishing a verification contact makes calling to confirm the norm, which is the control that actually stops the attack.
Instructions live in one place per investment, so there is no stale version circulating from an earlier close.
Only an investor whose subscription to that specific investment has been counter-signed. Prospects cannot see them, and acceptance into one investment does not reveal another investment's details.
Yes. Wire instructions are stored per investment, which is what an SPV alongside a fund normally requires.
By removing email from the path. The details are only ever displayed in an authenticated portal to an accepted investor, and they are published with a named person and number to call to confirm them before sending funds. Every view of them is recorded.
Yes. Wire fields are encrypted at rest, so a database dump, a recycle-bin snapshot or a backup archive contains ciphertext rather than readable account and routing numbers.
Wire instructions are the last step of a package that starts with a form and a signature.