Carta’s new money movement process for distributions transforms a historically fragmented workflow. Now, it’s scalable and easy for fund managers to execute, and it provides timely, transparent payments to investors. This new feature builds on Carta’s existing capabilities for transferring funds related to expenses, management fees, and capital contributions.
Minimal outgoing wires for easier approvals
Carta makes moving funds straightforward and secure. The platform connects with our third-party banking partner to move funds in and out of the appropriate accounts. Instead of having to check dozens or even hundreds of outgoing wires for distributions, you approve a single lump sum wire transfer to a pass-through account for the benefit of (FBO) your fund entity. Funds are then routed through our banking partner and seamlessly transferred into each investor’s bank account in the respective net distribution amounts.
Real-time tracking brings clarity to you and your investors
This new process for distributions provides a better experience for investors, and keeps you and them on the same page. LPs receive instant confirmation emails when funds are distributed, and you receive a summary email of the status of all distributions. You can also track payment status in real time within Carta, including FedWire reference IDs, and see which LPs have confirmed their wire instructions. With smoother approvals and the speed of automating downstream transfers, your investors will get prompt payouts—and you’ll unlock faster financial reporting.
