Subscription Credit Facilities: How Your PE Fund's Reported IRR Is Likely Inflated
The Short Version: Same Deal, 11 Points of IRR Apart Your PE fund buys a company for $100 million in month one and sells it for $200 million at month 36. If your GP called your capital at deal clos...
Capital Call in Private Equity: What Every LP Needs to Know Before the Wire
According to ILPA's September 2025 Capital Call & Distribution Template v2.0 , standard capital call notices give LPs 10 to 15 business days to wire funds after receiving notice. That window...
Capital Call Notice: What It Means and What Happens If You Miss One
TL;DR: When you commit capital to a private equity fund, you are not writing a check on day one. You are making a binding legal promise. The GP will call that capital over 3-5 years as deals are ma...
What Is a Capital Call in Private Equity? A Plain-English Guide for LP Investors
What Is a Capital Call in Private Equity? A Plain-English Guide for LP Investors TL;DR: According to Preqin's 2025 Global Private Equity Report , global private capital dry powder reached $3.7…