LP Tools/New Manager Budget Calculator

Quick LP Calculator

New Manager Budget Calculator

Balance annual re-up obligations with the budget available for new fund relationships.

From a $300m annual budget with $180m reserved for re-ups, how much remains for new managers?

Results

Annual commitment capacity at a glance

Illustrative estimate based on the assumptions shown.

New manager budget

How it is calculated

New manager budget = annual budget − re-up reserve − other reserved commitments

Full new-manager capacity rounds down to complete average-sized commitments.

What this tells you

Read the result in context

Separating re-ups from new-manager capital makes relationship growth explicit. The result is a budget allocation, not a forecast of calls or NAV.

Frequently asked questions

Why round capacity down?

The capacity output counts only complete commitments at the stated average size.

What belongs in other reserved commitments?

Any approved commitments outside the re-up reserve that reduce the budget available for new managers.

Does this model cash calls?

No. It allocates commitment budget only.

For educational and illustrative purposes only. This tool is not investment, legal, tax or accounting advice. Review actual fund documents and cash flows before making decisions.