1. Implementing Joint Venture Management
  2. Create a Carried Interest Agreement

Create a Carried Interest Agreement

Perform the following tasks to set up a carried interest agreement for a joint venture:

  • Enter the initial details for the carried interest agreement
  • Add a stakeholder group to specify each consenting and nonconsenting stakeholder and the percentage of the nonconsenting stakeholder’s interest that each consenting stakeholder is carrying
  • Generate one or more carried interest ownership definitions for the stakeholder group
  • Activate the carried interest agreement
  • Set up the joint venture with the carried interest ownership definition generated from the carried interest agreement

Joint venture accountants and joint venture application administrators can create and manage carried interest agreements. Joint venture accounting managers have view only access to carried interest agreements.