Mgmt Fees Accrued (Admin ITD, USD classes)
$68,000.00
Cormorant USD + Fathom MN + Tideline DeFi USD + Northbeam
Incentive Fees (Admin ITD, USD classes)
$105,000.00
Net of redemption crystallizations
Mgmt Fees Accrued (Admin ITD, BTC classes)
3.900000 BTC
Fathom BTC+ + Windward XL + Cormorant BTC+ + Tideline DeFi BTC
Incentive Fees (Admin ITD, BTC classes)
3.700000 BTC
Fathom BTC+ + Windward XL + Cormorant BTC+ + Tideline DeFi BTC
By fund × class · ITD admin totals (native currency)
| Fund / Class | Type | Ccy | Mgmt Fee ITD | Incentive Fee ITD | Redemptions ITD | Net ITD | Periods |
|---|---|---|---|---|---|---|---|
| Fathom BTC+ Class | Internal | BTC | 3.900000 BTC | 3.700000 BTC | 360.000000 BTC | 7.600000 BTC | 25 |
| Multi-Strategy MN Class | Internal | USD | $58,000.00 | $85,000.00 | $4,600,000.00 | $143,000.00 | 29 |
| Cormorant Fund I · USD Class | Seeded | USD | $9,500.00 | $10,000.00 | $241,000.00 | $19,500.00 | 20 |
| Cormorant Fund I · BTC+ Class | Seeded | BTC | - | (0.000000 BTC) | - | (0.000000 BTC) | 6 |
| Windward Fund · XL Class | Internal | BTC | - | - | 4.600000 BTC | - | 4 |
| Tideline DeFi · USD Class | Seeded | USD | - | $10,100.00 | $38,600.00 | $10,100.00 | 11 |
| Tideline DeFi · BTC Class | Seeded | BTC | - | - | - | - | 0 |
| Tideline DeFi · ETH Class | Seeded | ETH | - | - | - | - | 0 |
| Acme Northbeam Fund I | Internal | USD | - | - | - | - | 0 |
Monthly workflow
STEP 1
Internal estimate
Investment team posts the monthly NAV and estimated mgmt/incentive fee to the yellow INTERNAL ESTIMATE rows on each SP tab. Per Master SP × share class.
STEP 2
NAV pack lands
Fund admin emails the monthly NAV pack. Drop the zip into
NAV packs/NAV Packages Archive/<year>/<strategy>/, then run python3 populate_fee_tracker.py · ADMIN rows auto-fill.STEP 3
Reconcile
The orange VARIANCE row auto-computes Admin − Estimate. Investigate any |Δ| > 1%. Set Status → Reconciled or Disputed on the per-SP tab.
STEP 4
Payment tracking (Phase 2)
Payments_Ledger, AR_Aging, Rev_Share_Payments pending BPS Tool integration.
Colour legend
■ ADMIN, grey cells in the xlsx; auto-populated from Investor Capital Roll History Reports.
■ INTERNAL ESTIMATE, yellow cells; manual input from the investment team.
■ VARIANCE, orange cells; Admin − Estimate, formula-driven.
Note: Fees accrue at the Master SP × share class level. Onshore / offshore feeder split dropped in this rebuild.