Maybern’s Post

Eton Solutions Launches EtonGPT™ Enabled Fund Accounting Platform and Services Targeted at General Partners of Private Equity Firms. Eton Solutions announce the global launch of its specialized Fund Accounting Platform and Services suite, designed to empower Private Equity (PE), Real Estate (RE), and Fund of Funds (FOF) firms. Built on our cutting-edge AtlasFive® platform and powered by EtonGPT™, this breakthrough offering brings unmatched efficiency, real-time reporting, and automation to fund operations. Eton Solutions has solidified its position as an industry leader, supporting over 1,918 funds and supporting the management of $936 billion in Assets Under Management (AUM) on its AtlasFive® platform. With Fund Administration services currently offered to 550 of its clients’ funds, totaling $27 billion in AUM, Eton Solutions has demonstrated the strength and scalability of its solutions. Let’s shape the future of fund accounting together. Read more: https://lnkd.in/eRsrVFFs

Precision and accuracy are paramount in the complex world of fund accounting and fund administration. Among these complexities lies the calculation of a waterfall distribution, which requires a skilled and highly experienced team of people. A waterfall distribution calculation is an approach to guide how the proceeds from an investment fund will be allocated to the investors, LPs, and GPs. This method is compared to a waterfall due to its similarity to the structure and flow of one. Essentially, the flow of proceeds must clear a certain benchmark before moving onto the next distribution. Waterfall distributions are time consuming and difficult, but are incredibly valuable to the process of fund management since they provide crucial information about the allocation of profits and priorities of investors and GPs. The main components of waterfall calculations are return of capital, preferred return, GP catch-up, and the remaining distributions. These components are highlighted in the diagram below, emulating the structure and flow of a waterfall. But, why do accurate waterfall calculations matter? They result in:  🎯Fairness and transparency in the distribution of profits  🎯Regulatory compliance because they prevent fines and sanctions that are harmful to a funds reputation  🎯Optimization of fund performance Partnering with a skilled fund administrator is the key to successful fund management, given the level of expertise that a fund admin is able to provide. A proficient fund administrator is thorough, detail oriented, and ensures all aspects of fund accounting have been taken care of with the highest degree of accuracy. Working with a capable and highly experienced fund administrator like Fintech FS will not only allow for operation efficiency, but will be the key to integrity and success within the fund. Reach out to us to learn more about our fund accounting services! #FundAdministration #VC #PrivateEquity #WaterfallDistribution #VentureCapital #HedgeFunds #FundAccounting #FundManagement #InvestorRelations

Here are five important points to consider when choosing the right fund administrator 🤝   A single source of information Comprehensive services Cross-jurisdictional support Advanced technology A diverse team   My colleague, Charlotte Cruickshank, shares her thoughts in the article below - check it out!

In 2024, most fund CFOs are still using spreadsheets and emails to run their funds. Carta Fund Administration offers a better way. The Carta platform gives GPs, LPs, fund CFOs, and their fund administration partners a single source of truth for financials, fund performance metrics, and task tracking.

Here are five important points to consider when choosing the right fund administrator:   A single source of information Comprehensive services Cross-jurisdictional support Advanced technology A diverse team   My colleague, Charlotte Cruickshank, shares her thoughts in the article below:

🔍 Considering a change in fund administrators? With the right support and preparation, switching fund administrators can be a seamless process.   Ocorian outlines six practical steps to help make the transition as smooth as possible, from conducting an audit of current providers to crafting a clear, stage-by-stage migration plan. Read the full article below to learn more.

In 2024, most fund CFOs are still using spreadsheets and emails to run their funds. Carta Fund Administration offers a better way. The Carta platform gives GPs, LPs, fund CFOs, and their fund administration partners a single source of truth for financials, fund performance metrics, and task tracking.

Read more about how Carta is revolutionizing fund administration for Base10 Partners!

🔍 Considering a change in fund administrators? With the right support and preparation, switching fund administrators can be a seamless process.   Ocorian outlines six practical steps to help make the transition as smooth as possible, from conducting an audit of current providers to crafting a clear, stage-by-stage migration plan. Read the full article below to learn more.

Q3 is out and Q4 is in!  This is a great read about Base10's strategic switch showcasing how Carta is simplifying fund administration for emerging managers, which is especially important now rolling into the year-end busy season.