Carta launches waterfall calculation tool

by Matthias Plötz 20 November 2023

Fund administrator Carta has launched a waterfall modelling tool for private equity firms and private companies.

The company said it will support firms with:

  • Automated quarterly valuations for LP reporting
  • Evaluating the impact of potential M&A transactions on stakeholders’ returns
  • Estimating equity values for employees and investors.

Further, Carta said the distribution rules in firms’ operating agreements would be incorporated in its bespoke waterfall models and connected to companies’ cap tables. These integrations should additionally automatically account for performance based-incentives and vesting schedules.

Earlier this month, the fund administrator launched a tax calculation tool.

Categories: NewsOutsourcingIT & cyber securityLegal & compliance advisoryReporting & Transparency Reporting softwareTechnologyReporting softwareTech providers

27 November 2023

Profile: Martim Avillez, Limerston Capital

The COO and founding partner discusses setting up the firm’s operations, combining them with his investment duties and navigating difficult times

28 November 2023

Luxembourg’s private debt industry expands

According to a KPMG survey, AUM grew by 51% during the last year; changes in fund vehicles but LP base largely unchanged

28 November 2023

Bite Investments launches wealth management feature

Company’s platform to connect asset managers with wealth managers to facilitate fundraising

28 November 2023

Carbon Accounting Alliance launches

Group of 35 organisations represents emissions of 24,000 companies

27 November 2023

Home game Sweden

A change in tax legislation and ethical considerations are leading Swedish PE firms to onshore their funds

24 November 2023

JTC acquires Blackheath

Fund administrator expands its ManCo services for UK-based funds