The wealth that never fits a personal-finance app.
If a meaningful share of what you own vests, accrues, or cannot be sold this week, a net-worth number that ignores it is not worth much.
What you get
- Carried interest across funds, with vesting and realizations tracked separately from accrual.
- Options and ESOP valued per grant, in the grant's own currency, net of strike and dilution.
- RSUs on their real vesting cliff, not a straight line.
- Fund co-investments net of the loan that financed them, with capital calls tracked as they land.
- A divestiture calculator for what an exit actually leaves you.
| CCY | Vested | Total | MOIC | |
|---|---|---|---|---|
| Fund III Carry | EUR | €412,000 | €1,180,000 | 2.4× |
| Fund IV Carry | EUR | €96,500 | €740,000 | 1.6× |
| ESOP · Series C | USD | €188,300 | €305,000 | — |
| Options · 2023 Grant | GBP | — | €148,000 | — |
| Total | €696,800 | €2,373,000 | ||
Instruments, not line items
A grant is not a number you type in once. It has a schedule, a strike, a currency and a dilution history, and each of those changes what it is worth today. Highwater models them so the figure moves on its own as the schedule advances, rather than going stale the day after you entered it.
Netted into the same statement
Vested carry, an ESOP position and a co-investment financed by a loan all fold into the same balance sheet as your current account. The point is one position, not a second dashboard for the complicated half of your wealth.
Built for what comes next, too
The instruments above are the ones modeled today. The engine treats them as a category — contingent, illiquid, schedule-driven claims — rather than as five special cases, which is what lets the next one arrive without a rebuild.