Equity Pickup and ownership configuration questions
Summary:
Hello,
I need advice on best way to configure EPU when client needs the equity pickup to be split between 2 holding companies.
Content (please ensure you mask any confidential information):
Client has the following entity hierarchy and would like the equity of CE-002 to be picked up at 99.9% to LE-001 and at 0.01% to LE-003. Currently, LE-003 is not a holding company, but we can change that if needed. I have set the ownership to 99.9% for CE-002 and LE-001 appears to be picking up the correct amount, but I am not sure of how to get the .01% to LE-003. Any advice on the best way to accomplish this would be greatly appreciated.