Report your carried interests in Part 2.  In addition, report carried interest as an arrangement in Part 3 (see Part 3 of this guide for details).

The term “carried interest” may have different meanings.  Consult our definition of “carried interest” to see how we use this term for purposes of executive branch financial disclosure.  For interests that do not meet this specific definition, your agency’s ethics official will need to consult OGE for guidance on the reporting requirements.

For You

Part 2

As a matter of policy, OGE deems a carried interest to have a value that exceeds $1,000.  Therefore, carried interests must be reported.  Also, if you received more than $200 in income related to a carried interest during the reporting period, you need to report the income.

Description:  Indicate that the asset is a carried interest and provide the name of the entity through which you have the carried interest.  In the typical case, filers with a carried interest through an entity also have a direct equity interest in that entity, which is reported as a separate entry.  If you are not otherwise reporting the entity through which you have a carried interest, you will need to report any reportable underlying assets within that entity as part of the carried interest entry.

EIF:  Select “N/A.”

Value:  Report the value of the carried interest by marking the appropriate category.  If you cannot ascertain the value, leave this field blank but write “value not readily ascertainable” in the “Description” field.  In addition, provide basic information as to how the carried interest is calculated (e.g., hurdle rate and percentage).

Income Type:  Specify the type of income if the total amount of income during the reporting period exceeded $200. 

Income Amount:  Select the category that corresponds to the total amount of income during the reporting period.