What's new?

We are thrilled to announce that we have automated your Schedule of Investments (SOI) review entirely in the Carta platform. This will streamline the process, saving time and ensuring that your financial statements, IRR, and other performance metrics are up-to-date and ready for distribution to LPs and other stakeholders. 

What’s important or valuable about this change?

At each period end (quarter or year), Carta will request that you verify your Schedule of investments (SOI) is up to date. This includes ensuring that:

• All portfolio investments are recorded
• All valuations of portfolio investments have been marked up/down (if needed)
• Any notes that converted are reflected correctly
• Any assets no longer owned by the firm are realized or written off

These updates will feed into your financial statements, IRR, and other performance metrics that your LPs will see. Many firms keep this information up to date as it happens and simply to confirm it at period end. This process has been made fast and simple.

With this new update, you can now do all of this in a fraction of the time it took before.

What do I need to do?

1. Expect to receive this email within a week after the close of the reporting period. Click Review the Schedule of Investments within the email.

1. Gather any investment documents, portfolio tracking, or valuation information you might need.
2. Review the list of investments and either approve or update via the options provided.
3. After reviewing and making a selection, click Submit to complete the reviewing process. NOTE: No emails or waiting needed. Any valuations will be immediately reflected and your Fund Administrator notified. For more sensitive cases like conversions, a task will be automatically created for your Fund Administrator to complete.

How do I learn more or get help?

Have additional questions about the SOI update? Read the full documentation in our resource center here: How to Review the Schedule of Investments.

SOI Review Play-by-Play