Cascade Suite: Automate fee and distribution waterfall calculations has been saved
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Cascade Suite: Automate fee and distribution waterfall calculations
Increase transparency, reduce expenses, and reduce risk
Our fee and distribution waterfall solution delivers greater transparency to your stakeholders, cost and time savings around private equity fund administration, easy integration with your other systems, increased confidence in the integrity of your calculations and reports, and enhanced decision-making with analytics tools and forecasting. Our investment management specialists, with decades of experience supporting thousands of funds, help you implement program nuances and achieve your objectives.
Key Benefits
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Enhance business intelligence
- Our flexible reporting tools accommodate various internal and external analytics needs.
- A proprietary query tool provides powerful slice-and-dice, analytic, and export capabilities for responding to ad-hoc requests.
- A simplified shadow recalculates results and automatically reconciles to administrators, identifies issues, and performs first- line root cause analysis.
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Maximum flexibility
- This powerful and tested platform supports hundreds of funds.
- Data architecture—powered by our private equity waterfall software— can be tailored to your programs, funds, users, and transactions.
- What- if scenario analysis projects investment, investor, and fund performance based on hypothetical investment sales, rate curves, recycling strategies, and other user inputs.
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Scalability and efficiency
- Rapid fund onboarding utilizing our user-guided UI and central library of calculations and reports can be leveraged.
- Creating a new fund is as easy as dragging and dropping an existing fund structure and tweaking based on differences.
- Automated data exchange between systems eliminates manual intervention throughout your distribution waterfall process.
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Mitigate risk
- A “four-eyes” approval process is designed so that changes to any business rule or report are reviewed and approved.
- Audit controls permanently log the results of calculations and changes.
- Role-based security allows tailored access rights for users across the organization.
Capabilities
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Fee calculations
- Management fee, performance fee, and expense calculations
- Deal-by-deal, total return, evergreen/hybrid waterfall models with support for side letters and multiple share/fee classes.
- Single/tiered hurdle rates or preferred return calculations
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Fund structures
- Private equity, real estate, venture capital, hedge funds, mutual funds, and managed accounts
- Master/feeder, mini-master, onshore/offshore, co-invest structures
- Open end, closed end, and hybrid funds
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Investor reporting
- Internal rate of return, time-weighted rate of return, and performance multiple calculations
- Gross vs. net and levered vs. unlevered
- Capital call and distribution notice generation
- Production of bespoke investor reports and capital account statements
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Investor allocations
- Capital account and net asset value maintenance.
- Profit and loss and expense allocations, accommodating for opt-outs and investor nuances
- High water mark and hurdle tracking for hurdle-based funds
Who we serve
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Managers /general partners (GPs)
- Streamlined fund performance tracking with high- fidelity investment and fund forecasting.
- Tools designed for both shadowing and self-administering managers.
- Capital call, distribution notice, and investor reporting generation.
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Fund administrators
- Deep questionnaire support for variety of different fund models.
- Battle tested for more than a decade at several large fund administrators with support for customizing/ white labeling for different administrator clients.
- Ability to easily integrate with several G/L systems and other data sources simultaneously
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Investors/limited partners (LPs)
- Distribution waterfall recalculation and reconciliation against GP calculations and automated import of GP provided data.
- LPA / terms review, model setup and implementation.
- Portfolio tracking and forecasting of returns, exposure, expenses, and calls/distributions.
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Get in touch to learn more about Cascade Suite as a license implementation or as a managed service. We are happy to answer your questions and provide a demo.
Contacts
Sid Jain |
Jason Johnson |
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