Shadow Waterfall Administration Service
AcordIQ managed service provides you with an independent quality check for accuracy and compliance of fee and carried interest modeling, calculations and reporting within existing back office fund accounting workflow and operations.
Service Benefits
Simplified waterfall model construction and validation
Systematic verification of your fee and carry calculations (Fund, Investor and Deal level)
Built-in hypothetical cash flow and carried interest planner and scenario analytics
Key Service Features include:
Source system agnostic
Import/Export Utility for easy data integration
State-of-the-Art Technology (web interface and secure cloud access)
Sophisticated Waterfall modeling capability
Flexible and multi-tiered carry arrangements
Fixed or floating rate Preferred Returns calculations
Automated Fee and Carry calculation
Independent fund, investor and portfolio allocation and fee tracking
Analysis and reporting (Carry, Fees, Capital)
Reconciliation and resolution of differences
Hypothetical cashflow / carry planning & scenario analysis
Access to AcordIQ’s Private Equity subject matter experts
Service Packages
Fund Shadow Waterfall Verification Service
A simple and seamless step in your back office periodic fee and profit allocation calculation and investor disclosure
for higher assurance and accounting coherence
- Indepenent Waterfall Model construction
- Easy, secure web-based data capture and access
- Quarterly management fee and carried interest verification
- Transparent reconciliation and resolution of variance
- Enhanced reporting, analytics and what-if performance / scenario forecasting
Annual Subscription per fund
Waterfall Model Health Check Service
An independent ‘health check’ of your waterfall models for quality, calculation accuracy and assurance
- One-time model construction / de-construction and verification against fund terms and performance / fee arrangement
- Increased accounting ‘checks’ and compliance of fee and carry disclosure
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