Carried Interest services

We support our clients in implementing bespoke carried interest modelling.

Bespoke

Bespoke

Carried intestet modelling

Experienced

Experienced

Development of waterfall models

Client-focused

Client-focused

Tailored solutions

SANNE has in-depth experience in developing waterfall models for carried interest plans across alternative investment strategies.

We partner with our clients offering a broad range of services including tailored accounting and administration services as well as detailed waterfall modelling. We support various carried interest arrangements including deal by deal, vintage year, whole fund or other designs.


Start-up and pre-launch

  • Work with client and counsel during LPA drafting stages
  • Establishment of the legal structure
  • Documentation of carry awards and allocations
  • Set up bank arrangements
  • Coordination of documentation to satisfy local AML requirements


Capital contributions

  • Calculate applicable capital commitment allocations based on allocations
  • Prepare capital call notices and deliver to the participants
  • Perform capital call reconciliations

 

Distributions

  • Calculation of distribution to limited partners
  • Prepare distribution notices and deliver to the participants
  • Coordinate and monitor cash movement

 

Plan & participant accounting/administration

  • Develop and maintain chart of accounts, detailed general ledger and trial balance for each Carry Plan entity
  • Prepare plan financial statements
  • Review expenses and determine reimbursement eligibility in accordance with the LPA
  • Preparation of individual Members' Capital Account Statement and deliver to the participants


Terminations/Forfeitures

  • Calculate vesting of participants “carry points/interest”
  • Prepare vesting notices and deliver to the participants
  • Track forfeited and un-issued “carry points/interest”


Investor services

  • Client branded portal for investor communications - Design and implementation
  • Limited partners communication and reporting
  • Participant Standing Data and limited partner register
  • FATCA/CRS compliance

 

  • About us

    SANNE is a leading global provider of outsourced alternative fund and corporate administration services.

  • Our services

    SANNE provides clients across the globe with a wide range of complementary business services, focused on two core areas: alternative asset services and corporate and private client services.

  • Our approach

    We understand that each client relationship has a unique set of requirements and expectations; that is why our client service teams are handpicked and tailored to fit the specific and evolving needs of each client.

  • Thought leadership

    At SANNE, we collaborate and share our knowledge and best practice with those we value. These are the things that make the difference.

  • Our people

    We work with talented people. It’s their deep expertise, knowledge and collaborative nature that differentiates us. We see things differently.

  • Global locations

    Our offices are spread across three global regions: The Americas, EMEA and Asia-Pacific.

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