US Bank Launches Tool to Automate Private Fund Profit-Split Calculations
September 19, 2026
US Bank launched Private Waterfall Engine on September 8, 2026. The platform automates carried interest, performance fee and distribution calculations for private equity and private credit funds. Private Waterfall Engine pulls data from upstream systems and applies a proprietary library of waterfall logic. Standardized reports and journal entries come out the other side. Alan Flanagan,