Advisor and CFO, Jeffrey Gelfand, joins qashqade advisory board
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Jeffrey Gelfand joins qashqade advisory board to solve the biggest risk in private equity, the waterfall calculation
Jeff Gelfand ZURICH (PRWEB) April 22, 2021 qashqade announced today that Jeffrey Gelfand has joined their executive advisory board.
Gelfand, is the retired Senior Managing Director and former Chief Financial Officer of Centerbridge, a $28 billion private investment firm, with offices in NYC and London.
Commenting on his appointment, Gelfand said, “For years I have been saying the biggest risk in private equity is the waterfall calculation. Typically managed in an ancient spreadsheet model and handed down from controller-to-controller… this exercise, if performed incorrectly, can irreparably damage the GP/LP relationship. This is where the qashqade solution comes in.”