Can AI handle waterfall calculations at a regulated fund manager? We put the question directly to Claude (playing the role of a $20bn PE fund CFO) and recorded the conversation. The answers cover accuracy, audit trails, LP governance risk, and ODD readiness. A candid, on-the-record view of where AI genuinely helps and where it falls short.
Allocation and fee calculation errors in private market funds can quietly compound into material financial and compliance risk. SEC cases highlight the visible consequences and a broader operational challenge.
We sat down with Oliver Freigang, CEO & Founder, and Gregor Kreuzer, CPO & Co-founder, to discuss why this release is a true game-changer, how it empowers both decision-makers and operations teams, and what it means for the future of private markets.
Excel has long been the default for private markets calculations, but its hidden risks can cost millions. In this interview, qashqade CPO Gregor Kreuzer explains why we’re continuously rethinking the entire process of allocation calculations.
At LPGP Connect London, qashqade shared how we’re powering a smarter, more resilient future of fund operations for private markets. By replacing spreadsheets with automation, we help the industry unlock accuracy, transparency, and scalability.
At the 2nd annual LPGP Connect CFO/COO Private Markets in Miami, we showcased how automation is redefining fund management operations. Despite well-known risks and costly industry mistakes, many firms still rely on Excel for critical calculations like waterfall and carry. It’s time for a smarter, safer way forward.
As the industry continues to evolve, compensation packages are becoming increasingly complex, with a focus on carried interest, clawback provisions, performance-based incentives, and total compensation.
In a series of interviews with experts in the world of private markets, we sat down with former Chief Financial Officer of Centerbridge and qashqade advisor Jeff Gelfand.
We frequently encounter mistakes in waterfall calculation models (usually from manual spreadsheets), and since auditing spreadsheets is challenging, we often discuss these mistakes with our clients and how to address them.
Spreadsheets are the most commonly used and available tool for number-crunching tasks, but when financial institutions become reliant on them for more complex tasks, problems can arise.
