Scope of Services: Schedule of Investments (SOI) Maintenance
Service | Carta Responsibilities | Client responsibilities |
Maintain investment books and records | Implementation of historical data and latest valuations (FMV) for active and non-active investments | Provide Carta with:
|
Upload new investments and realizations from time to time, as requested by Client | Provide full documentation to support new investment transactions (such as fully executed purchase agreements, sale agreements, etc.) | |
Update valuations on Carta platform using self-service tool |
This service does not include:
Historical valuation data input
Historical document upload into Carta portal*
Valuation updates by Carta personnel (Client must use self-service tool on Carta platform)
Investor communications via Carta investor portal
Capital activity (capital calls and distributions)
General Ledger maintenance
Expense processing
Look-through reporting
Budgeting
Treasury functions (wires or ACH payments)
Portfolio company cap table access requests
*If bundled with Portfolio Insights: For SOI Maintenance, Carta will not upload historical documents on a security-by-security level (for example, Series A Term Sheet/Stock Purchase Agreement, etc.). However, if Client is also purchasing Portfolio Insights, the Carta team can upload and store these historical documents on each portfolio company profile page for record keeping at the company level only (will not be applied to the SOI at the asset level).
DISCLOSURE: This communication is being sent on behalf of Carta Investor Services, Inc. (“Carta”), an affiliate of eShares, Inc. dba Carta, Inc. Certain transactional fees may apply. This communication is not to be construed as legal, financial, accounting or tax advice and is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.