Manage Capital Calls

Capital calls are a major source of anxiety and frustration for a lot of patrons. Learn to schedule, forecast and manage them in real time.

Capital Call States

There are two states of capital calls: 

1. Scheduled. A capital call can be scheduled, which means it hasn't happened yet but we anticipate it will, or the capital has been called but is not yet funded.  A scheduled call is not a transaction yet. 
2. Funded. A capital call has been funded, and the money has been transferred. A funded capital call is a transaction.

Capital Commitment

In order to see the Capital Commitment of a particular holding, go to the Holding Details Page.

1. Capital Calls Yes/No - Indicate if there are Capital Calls for a respective holding.
2. Capital Commitment - The amount of Capital currently committed which can be called over any given time frame. This only represents the total amount and this number can be changed.

Past Capital Calls

In the Transactions tab we are able to see past Capital Calls 

Create New Capital Calls

In order to create a new Capital Call we must click on +Add Transaction. 

Select Capital Calls from the type of transaction menu and populate the rest of the fields.

Capital Calls in the Front Office

The Capital Call Lens put's information regarding each Asset that has Capital Calls in one view.

Summary

1. Currency - Capital Calls are grouped into their respective currencies. In this sample portfolio we only have capital calls in United States Dollars; however, capital calls may exist in a variety of different currencies.
2. List of Assets - Underneath their respective currencies is a list of Assets. Furthermore, in grey below the asset is the corresponding entity.
3. Commitment - This refers to how much Capital has been committed in total including both Capital that has been called and/or is remaining.
4. Total Called - See how much Capital has been called up thus far
5. Total Remaining - See how much Capital is still remaining to be called. This is the difference between our commitment and Total Called capital.
6. Called in 2023 - This refers to how much capital, if any, has been called in the year corresponding to the Capital Calls summary.
7. Potential in 2023 - The maximum amount of capital than be called for the rest of the year.
8. Summary/Schedule - Switch between the Summary and Schedule views.

Furthermore, as seen below clicking on an asset brings up its own summary. After clicking Fixed Income Fund a Holding Details Summary pops up which has a variety of statistics amalgamated from both the summary and Schedule tabs

Side Panel

The side panel is where important information about the specified asset can be found. Data such as total capital commitment, capital remaining to be called, as well as a list of historic/future capital calls.

Schedule

The schedule is used to get a time table view of capital calls. They are organized by quarter for easy summarization and includes roll ups of the totals scheduled for a given time period.