Summer may be over, but we're back and bringing the heat! ☀️ After a short break in August, we're ready to roll out some exciting new features and improvements that will take your Vestlane experience to the next level.
Let’s dive in! 🤿
Fund managers, it’s time to gain complete transparency! With our new Audit Trail feature, you can now see who did what and when during a subscription workflow. Whether you’re asking when an investor updated their details or who approved a specific section, all actions are tracked and logged. Every change, approval, or update is at your fingertips, offering total peace of mind.
User actions tracked in the Audit Tail:
| User action | Meaning |
|---|---|
| “Added” | A field was empty (there was no information) |
| → Information was completed | |
| “Edited” | A field was contained information (there was an answer) |
| → Information was modified | |
| “Review requested” | The investor submited a section of the workflow for review |
| “Deleted” | A field contained information/a document (there was an answer) → Information/document was deleted |
| “Approved” | A fund manager user has approved the section |
| “Approval revoked” | A fund manager user has revoked the approval of a section |
To ensure compliance with specific legal and economic requirements, we’ve introduced new settings for carry vehicles. Vestlane is constantly evolving based on your feedback, keeping our platform aligned with your needs.
Carry vehicles new fields:
| Field | Information about the field |
|---|---|
| Capital Interest Percentage | This is an internal field and not editable for the carry holder. |
| ℹ️ It shows the pro rata share that the carry holder holds in the carry vehicle based on his capital commitment. | |
| Carried Interest Percentage | This is an internal field and not editable for the carry holder. |
| ℹ️ It shows the carry allocation that the carry holder has in the carry vehicle, i.e. how much the carry holder will participate in the event of a carry distribution. | |
| Fee Waiver Participation Amount | This is an internal field and not editable for the carry holder. |
| ℹ️ It shows an amount field that can be pre-filled. | |
| Partnership Percentage | This is an internal field and not editable for the carry holder. |
| Interest Charge | This is an internal field and not editable for the carry holder. |
| ℹ️ The interest charge shall be calculated as of the carry holder’s first capital call. | |
| Vesting Start Date | This is an internal field not editable for the carry holder. |
| ℹ️ This allows to pick a specific date on which the vesting of the carry holder shall start. |