1. What specific documents are included in the Cornerstone download bundle?
Answer: The bundle includes the Cornerstone LPA (v3.0), the Subscription Agreement (investor signature package), the LP Consent Letter, and supporting fund formation documents to provide a complete starting package for counsel.
2. How does Cornerstone reduce fund formation costs and launch timelines?
Answer: By offering a standardized framework developed with fund attorneys, it prevents counsel from drafting an LPA from scratch, lowering legal bills from high five or six figure quotes and shortening LP legal review from weeks to days.
3. Which terms are intended to be customized by the General Partner?
Answer: The GP only edits the fund specific economic variables: fund name, target size, management fee percentage, carried interest, hurdle rate, fund term, and GP commitment. Standard governance mechanics are left unchanged.
4. What distribution waterfalls does Cornerstone v3.0 support?
Answer: Cornerstone v3.0 supports both American (deal by deal) and European (whole of fund) distribution waterfalls, incorporating recent SEC regulatory updates.
5. How should GPs accommodate anchor LPs requesting custom terms without altering the base LPA?
Answer: Anchor LPs negotiate custom arrangements through a separate side letter framework, preserving the core LPA as an unredlined, standardized document that smaller LPs can sign as is.
Missing Feature: Ability to Prevent AI Automation from Editing Custom Data Points
Toolkit: Decile Hub
Category: Missing Feature
Summary: Need ability to prevent AI automation from editing custom data points
Details: User requests the ability to prevent the AI automation assistant from editing or overwriting custom data points in organizations. Currently there is no setting or configuration option to disable AI automation from modifying specific custom fields. This would be valuable for protecting manually-entered or curated data from being altered by automated processes.
This post was automatically created via the Decile AI assistant.
Category: Missing Feature
Toolkit: Decile Hub Admin Tools
Issue Summary:
User requested help enabling a public firm website feature in Decile Hub. This is a firm configuration/admin task that requires direct platform access to settings.
Details:
The current toolkit lacks tools to manage firm website settings, branding, or public profile configuration. Users need the ability to:
- Enable/disable public firm website
- Configure firm branding and public profile settings
- Manage firm website visibility and configuration through the AI toolkit
Impact:
Users cannot programmatically configure firm public website settings, requiring manual access to admin panels.
Requested By: Ofer Talmor
This post was automatically created via the Decile AI assistant.
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Summary: Request: Auto-populate prospect pipeline from form submissions
Details: User wants to create a form that prospects can fill out, with the submitted data automatically translating into prospect records in the fundraising pipeline. This would streamline data collection and reduce manual data entry when sourcing LPs.
Toolkit: Decile Hub
Category: missing_feature
Impact: Would significantly reduce manual data entry and improve efficiency in LP sourcing workflows.
This post was automatically created via the Decile AI assistant.
Missing Feature: Undo Functionality for File/Folder Actions in Decile Hub
Category: Missing Feature
Toolkit: Decile Hub
Summary: User attempted to undo a file or folder action (such as moving a folder) in Decile Hub but there is no available tool or functionality to support this operation.
Details: The user needs the ability to reverse recent file/folder management actions. Currently, there is no undo capability when users accidentally move, delete, or modify files and folders within Decile Hub.
Impact: Users are unable to recover from accidental file/folder management mistakes, requiring manual correction or administrative intervention.
This post was automatically created via the Decile AI assistant.
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