How can private fund managers effectively administer carried interest as their firms grow and their programs become increasingly complex?
In a recent article from Private Funds CFO, Suntera Global’s Michael Von Bevern, Global Head of Funds, discusses the challenges managers can encounter when relying on spreadsheets to administer carry programs.
While Excel may work well for smaller and emerging managers, growing firms must account for increasingly complex variables, including vesting, employee arrivals and departures, changing carry values and more sophisticated calculations. Michael explains how these factors can make spreadsheet-based carry administration increasingly difficult to manage as firms scale.
As private fund firms mature, effective carry administration increasingly requires not only accurate calculations, but also the infrastructure and processes to manage complexity and communicate information clearly.
Read the full article in Private Funds CFO
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