Alternatives
Alternatives
Alternatives (/alternatives) holds private market and non-listed fund vehicles: PE, VC, hedge, private credit, and similar.
Capital calls and uncalled commitment
| Event | Typical transaction type |
|---|---|
| Capital call | Capital Call (+ fees/taxes lines when separate) |
| Distribution | Distribution |
| Quarterly NAV | Point in Time Valuation |
| Management fee | Fees |
On a fund with owned child holdings, record capital calls and distributions on the children. A fund-line Point in Time Valuation is still allowed and is used until any child NAV is more recent.
Uncalled / open commitment is committed minus called. That figure feeds Alternatives Open commitment, dashboard Uncalled commitments widgets, and PE cash-flow call forecasts.
If the GP confirms they will not call more, open the holding → Edit and click Will not call anymore (same place as Close investment). That writes a Will not call anymore transaction and zeros open commitment. Do not reduce the original commitment or invent a capital call for the remainder — the subscription amount is what immobilised cash. Later capital calls or fees (for example management fees) can still be recorded; they just do not bring the fund back into uncalled-commitment widgets. Use Allow further calls to reverse. You can also set No further calls as of on the Financial tab or ask chat. From that date, open-commitment widgets treat remaining as zero and cash-flow plans stop predicting further calls. Distributions can continue.
Cash flow forecasts
PE funds can use the Takahashi-Alexander / Yale cash flow plan; debt funds use amortising debt. Direct and single-company holdings should not use TA. Opt in per holding under the position cash flow tab or via chat. See Forecasts → Cash flow.
Documents
Fund letters and capital call notices attach to positions or transactions. Upload via Documents or forward to the shared inbox.