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U.S. Bank (NYSE:USB) announced the launch of its Private Waterfall Engine, an automated fund waterfall administration platform for private markets funds. It supports multiple waterfall methodologies and automates carried interest, performance fees and distributions.
U.S. Bank announced the launch of its Private Waterfall Engine, an automated fund waterfall administration platform for private markets funds. It supports multiple waterfall methodologies and automates carried interest, performance fee and distribution calculations.