GP Carried Interest Distribution
Calculating general partner carried interest from complex waterfall structures is too important for spreadsheets. 3forge delivers a live, auditable carry calculation engine connected directly to fund data, so every distribution is computed correctly, transparently, and on time.
The Challenge
Spreadsheet Waterfalls Break at Scale
As fund complexity grows, with multiple vehicles, side pockets, co-investment arrangements, and diverse hurdle rate structures, manually maintained spreadsheet models become a liability.
Version drift and formula errors
Multiple analysts maintaining parallel spreadsheet models introduce silent errors that only surface during audit or LP disputes.
No audit trail
Spreadsheets can't prove calculation history. When an LP questions a distribution, reconstructing the logic is slow and incomplete.
Static point-in-time snapshots
Carry calculations run once per quarter instead of continuously, missing the opportunity to model exposure and distributions in advance.
Manual LP data aggregation
Capital call and distribution records live across fund admin systems, custodians, and emails, requiring manual consolidation before any calculation can run.
The 3forge Approach
An Automated, Auditable Carry Engine
3forge connects directly to your fund administration system, GP data, and LP records. AMIScript encodes your waterfall logic once and runs it continuously, producing traceable, explainable calculations with a full audit history stored in the platform.
Key Capabilities
What You Can Build with 3forge
Waterfall Logic Engine
Encode complex multi-tier waterfall structures, including preferred returns, catch-up provisions, and GP splits, as reusable AMIScript formulas.
LP Capital Account Integration
Connect directly to fund admin and custodian systems to pull live capital account balances and transaction history.
Continuous Recalculation
Re-run carry calculations automatically whenever position values, market prices, or capital account balances change.
Full Audit Trail
Every computation is stored with its full input state and formula version, ready for LP review or external audit at any time.
Distribution Event Automation
Trigger distribution workflows and LP notifications automatically when carry thresholds are crossed.
Scenario Simulation
Model hypothetical exits and market moves to project future carry distributions before they occur.
Get started
Ready to see it live?
Book a 30-minute demo with a 3forge solutions engineer and see GP carried interest automation built on real data.