Every payout, computed from the waterfall.
Run distributions from the deal's own waterfall, including return of capital, preferred return, and promote split. FirmSource allocates each payout pro rata to every investor, shows the breakdown by tier, and rolls the figures forward for capital accounts, statements, and K-1s.
The waterfall is computed, not rebuilt in a spreadsheet.
Tiered by the waterfall
Return of capital, preferred return, and promote split are calculated in the deal's own waterfall order.
Allocated to each LP
Every investor's share is calculated from their ownership and allocation, without manual apportioning.
Per-period runs
Run a clean quarterly or period-based distribution with the full breakdown ready for review.
Payout detail
See exactly what each investor receives and how the amount was derived, tier by tier.
K-1 figures roll forward
Distributed amounts and capital accounts roll forward, so tax reporting is not a year-end scramble.
Visible to investors
Each distribution appears in the investor portal, so LPs can see their payout without an email chain.
Every payout appears in the investor portal.
Each investor's distribution appears in their branded portal alongside their capital account, statements, reports, and return metrics, so LPs see both the payout and the context behind it in one place.
- Payouts posted to each LP's portal
- Capital account and return metrics kept current
- Statements, reports, and documents alongside
Contributed capital and distributions reflect actual cash. Estimated value is your share of the latest reported valuation — an estimate, not a realized figure.
Unreturned capital is what you still have invested — it comes back at a refinance or sale. Income like preferred return is a return on your capital, not of it.
Distribute from the waterfall, not a spreadsheet.
Every tier, every LP, and every payout computed from the deal's waterfall and ready to send.