Free waterfall audit
Send us your LPA. We'll model the waterfall.
Within five business days we return a fully modeled distribution waterfall and a reconciliation against your most recent distribution. Free, no obligation, NDA signed first.
Waterfall math is the highest-stakes, highest-error-rate calculation in fund administration — and most GPs have never had theirs independently checked. The audit covers European and American waterfalls, tiered carry, catch-up and clawback provisions, side letters, management fee offsets and GP commitment tracking.