Carried Interest

Decade-long waiting periods have steadily increased, particularly in venture capital, according to J Thelander.

The partnership with Cascata aims to eliminate spreadsheet risk and bring transparency to one of private equity’s most complex back-office processes – calculating carried interest and fund distribution waterfalls.

In the wake of recent tax reforms, GPs will be well-suited to gift carried interest as part of their estate planning, provided they follow best practices, according to Meghan Kinsella, director of financial sponsors at Northern Trust Institute.

Software provider eyes cross-selling to GPs in the near term, with new capabilities envisioned down the road.

There could be almost $80bn of NAV in funds where carry is owed back to LPs that have backed US vehicles, according to research from Upwelling Capital Group.

Debates on increasing tax on carried interest shouldn’t ignore the wider contribution private equity brings to economies.

Linking a portion of carried interest to impact performance is becoming more common, with private equity firms like Apollo, Apax and EQT implementing such a mechanism. LPs are split on the idea.

Tim Eberle, managing director of Citco Fund Services (USA), outlines the firm’s recommended steps to reduce heightened clawback risk.

GPs see a number of benefits to tying their remuneration to impact KPIs, according to a report from The ImPact.

The tech companies’ partnership will give clients automated carry and waterfall calculations, as well as instant access to relevant data from fund documents for audits and more.