Across every stage
Agent Tom does the work, so your team can focus on the decisions.
At every stage of an investment, Agent Tom reads, tests, forecasts, compares, flags, answers and drafts, citing the source of every finding.
Book a demoWhen does Larkspur’s management fee step down?
At the end of the investment period, on 30 June 2026. From 1 July the fee is charged on net invested capital rather than commitments.
LPA p.22Answers from your own documents, with their sources.
Ask a question in plain English about a fund, a shortlist or a portfolio. Agent Tom answers from the sources you can see, cites the document and page for each point, and says when the documents do not cover the question.
- Open it from any page, beside your work or full screen
- It can search your documents, find a passage and draft a document
- Answers state that they are not financial advice
After the 8% preferred return, the manager receives 100% of distributions until it has 20% of profits LPA p.41. A full catch-up is common in buyout funds. Fund III had an 80% catch-up Fund III LPA p.39, so the terms have moved in the manager’s favour.
A shortlist compared on the same basis.
Put two or three funds side by side on their terms, ratings and forecast cash flows. Terms that a manager does not disclose are marked and counted, so the gaps are part of the comparison.
| Horizon IV | Aurora II | Archway IV | |
|---|---|---|---|
| Forecast net IRR | 12.4% | 11.1% | 10.2% |
| Management fee | 1.75% | 2.00% | 2.00% |
| Carried interest | 20% | 20% | 20% |
| Key person provision | Yes | Yes | Not disclosed |
Outputs your committee can use.
Comparisons, summaries and investment committee papers are saved in Work, your team’s shared space, built from your own templates. A useful conversation with Agent Tom can be saved there too. Your conversations with Agent Tom are visible only to you; what you save in Work can be shared with colleagues.
- Templates for filtering opportunities and analysing a deal
- Everything saved keeps the sources it was built from
Agent Tom works when you ask. Autopilot works when you don’t.
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