01 · Fund Formation & Legal
Fee & carry structure design
Platform-ledfrom $850/moExpert ~1–2 hrs/mo
Bottom line
Design management fee and carry waterfalls in Atlas so partners see DPI/TVPI tradeoffs before negotiating the LPA.
Mostly software once live; typical expert babysitting under ~2 hours/month.
Invoice / proposal description
- ·Fee schedule and carry waterfall modeled in Atlas.
- ·Sensitivity pack (fee holidays, step-downs, catch-up).
- ·Export for counsel / LPA schedules.
By hand today
Economics debated in email without a shared model of record.
On Atlas
Waterfall Engine is the system of record; expert reviews edge cases.
Deliverables
- Fee & carry model
- Sensitivity PDF
- LPA schedule export
Service levels
- Model of record matches last GP-approved assumptions within 1 business day.
Exclusions
- — Legal drafting of LPA clauses
Platform surfaces
Waterfall EngineScenario LabCFO Advisor
Core Atlas strength—converts free trial users into paid formation work.