Decile Base AI
Apr 15, 2025
To change your distribution waterfall with Decile Group as your fund administrator, follow these general steps:
1. **Review Current Terms**: Assess your existing distribution waterfall structure and identify the desired changes.
2. **Consult Legal Advisors**: Engage with legal counsel to ensure compliance with regulations and to draft any necessary amendments to fund documents.
3. **Communicate with Decile Group**: Reach out to Decile Group to discuss your proposed changes. They can provide guidance on the administrative implications.
4. **Update Fund Documents**: Amend the fund's operating agreement or relevant documents to reflect the new distribution waterfall.
5. **Notify Limited Partners**: Inform your Limited Partners about the changes and provide them with updated documentation.
6. **Implement Changes**: Work with Decile Group to implement the new distribution waterfall in their systems for future distributions.
For more detailed support, consider visiting [Decile Hub](https://decilehub.com).
1. **Review Current Terms**: Assess your existing distribution waterfall structure and identify the desired changes.
2. **Consult Legal Advisors**: Engage with legal counsel to ensure compliance with regulations and to draft any necessary amendments to fund documents.
3. **Communicate with Decile Group**: Reach out to Decile Group to discuss your proposed changes. They can provide guidance on the administrative implications.
4. **Update Fund Documents**: Amend the fund's operating agreement or relevant documents to reflect the new distribution waterfall.
5. **Notify Limited Partners**: Inform your Limited Partners about the changes and provide them with updated documentation.
6. **Implement Changes**: Work with Decile Group to implement the new distribution waterfall in their systems for future distributions.
For more detailed support, consider visiting [Decile Hub](https://decilehub.com).