LP Toolkit/LP New-Manager Commitment Budget Calculator

LP New-Manager Commitment Budget Calculator

For LP investment teams balancing incumbent re-ups with capacity for new private-equity and VC relationships.

From an LP’s $300m annual commitment budget with $180m reserved for re-ups, how much remains for new managers?

Annual commitment capacity at a glance

Estimate based on the inputs 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.

Read the result in context

Separating re-ups from new-manager capital makes an LP programme’s relationship growth explicit. The result is an institutional commitment-budget allocation, not a forecast of calls, distributions or NAV.

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.