Full detail for a single carry grant — including DAWPY parameters, calculated allocation, vesting schedule, distribution history, and linked documents. Use the action buttons to approve, forfeit, or manage this grant.
CG-2018-0005
Michael Patel · APEF-VI · Approved
Grant Details
- Employee
- Michael Patel (Principal)
- Entity
- MainFirm
- Fund
- Apex Private Equity Fund VI
- Grant Date
- 2018-06-01
- Vintage Year
- 2018
- Carry Basis
- DAWPY
- Allocation
- $1.7M
- Points
- 0.7%
DAWPY Parameters
- Deployment
- $1,400.0M
- Return Multiple
- 1.70x
- Fund Carry %
- 20.0%
- Individual %
- 0.7000%
Formula: Deployment × Return × Carry% × Individual%
Vesting Summary
50.0%
Vested
50.0%
Forfeited
Vesting Schedule
| Tranche | Scheduled Date | Pct | Dollars | Status | Vested Date |
|---|---|---|---|---|---|
| 1 | 2019-06-01 | 25.0% | $417K | Vested | 2019-06-01 |
| 2 | 2020-06-01 | 25.0% | $417K | Vested | 2020-06-01 |
| 3 | 2021-06-01 | 25.0% | $417K | Forfeited | 2022-11-30 |
| 4 | 2022-06-01 | 25.0% | $417K | Forfeited | 2022-11-30 |
Documents
| Filename | Type | Status | Sent | Signed | Batch |
|---|---|---|---|---|---|
| CG-2018-0005-agreement.pdf | carry grant agreement | Signed | 2018-06-16 | 2018-06-28 | BATCH-2018-001 |