How to review and approve management fees
Reviewing and approving management fees can be done directly in Carta.
When it’s time to review fees for the current period, your fund admin will send over the fee schedule. You will receive an email with a link, as well as a task in Carta, that will take you right to the calculations for review.
Select Review and approve management fees from the email sent to you by Carta (you will receive this email before the start of every quarter - contact your Fund Admin if you have any questions or concerns).
Or go to Dashboard on the sidebar and click on the task that says Approve Management Fees.
Select Continue to progress through the workflow.
Review your quarterly management fees, and select the expand button on the table to see a breakdown of fees across investors, as well as which investors are new or have side letters.
4. If the fees and the fee breakdown look correct, select Approve Fees.
If the fees and/or the fee breakdown look incorrect, select Request Changes, specify the changes you’d like to request, and upload a supplementary document, if necessary, before submitting.
If you choose to approve fees, select which transfer option best suits you
Once submitted, you will see a confirmation