After a challenging 2022, family offices utilizing a "lender" type structure will likely need to plan for a year with no carried interest allocation. After the strong run in the market over the last decade plus, family offices will need to address several matters related to record-keeping and funding to balance adherence to the rules of their respective investment structure and economic viability. In this webcast, Andersen's presenters will cover a range of topics including high-water mark computation and tracking, funding sources, and when to reset the formula for determining a management company's carried interest.