LP Maximum Fund Commitment Calculator
Check how much room an LP has for a fund investment or re-up under its single-fund limit.
- If our $4 billion portfolio has a 1.5% single-fund limit, how much can we hold in one fund?
- If we already have $42 million in that fund, how much room is left?
- How much room would we have if our portfolio fell to $3 billion?
Fund capacity at a glance
Estimate based on the inputs shown.
Maximum exposure under a 1.5% total-portfolio limit.
How it is calculated
Maximum fund exposure = total portfolio × maximum single-fund percentage
Subtract current exposure from the limit to find the room left. This does not forecast changes in NAV.
Read the result in context
Use your LP portfolio policy to set a dollar limit for fund investments and re-ups. Follow the exposure definition in that policy. Current NAV, commitments, and NAV plus unfunded commitments are different measures.
What exposure basis should I use?
Use the basis specified by the policy limit—often current NAV, commitment or NAV plus unfunded.
Can current exposure exceed the maximum?
If it does, the fund is already above your stated limit. The calculator will flag the input rather than show room for more.
Does the maximum change with markets?
Yes. The dollar limit changes when your total portfolio value changes, even if the percent limit stays the same.