NAV headroom
—Additional PE/VC NAV todayPrivate Equity Allocation Capacity Calculator for LPs
Estimate how much private equity and VC exposure an institutional portfolio can sustain while preserving its required liquid reserve.
Questions this calculator answers
- 1. “How much can our pension, endowment or family-office portfolio sustainably allocate to PE/VC without excessive liquidity risk?”
- 2. “How does existing unfunded capital change the room we have for private-market NAV?”
- 3. “How much LP capacity remains if distributions slow and calls accelerate?”
Your allocation capacity
Capacity is current NAV-equivalent PE/VC exposure that passes the stated liquidity guardrail. It is not an annual commitment recommendation.
Estimated PE/VC allocation capacity
—
Sustainable share of the initial portfolio
Capacity reduction from unfunded
—Compared with the same portfolio without current unfunded commitmentsStress-case capacity
——Current allocation
——Required liquid reserve
——PE capacity: — VC capacity: —
Current vs modelled allocation
Both bars use today’s portfolio as the denominator. The capacity bar is the highest PE/VC NAV exposure that passes the modelled liquidity guardrail.
Liquid / otherPrivate equityVenture capital
Allocation capacity under stress
Each scenario re-solves the allocation limit after a liquid-market decline, slower PE/VC distributions and faster calls.
Base caseModerate stressSevere stress
Liquidity headroom over time
Projected liquid assets at the headline capacity compared with the minimum reserve. Year labels begin in the selected calendar year.
Projected liquid assetsMinimum required reserve
A liquidity guardrail, not a universal allocation target
Start with current liquid assets. Each year, the model subtracts calls and spending, then adds distributions and inflows. It raises PE/VC NAV until liquid assets would reach your reserve or allocation limit.
Want to reach this allocation? Calculate the annual commitments required →
PE/VC allocation capacity for LPs
What is allocation capacity?
It is an illustrative limit on current PE/VC NAV exposure, based on the liquid reserve you choose and the existing unfunded commitments you enter.
Why does unfunded capital matter?
Unfunded commitments are future liquidity obligations. They can reduce the additional NAV your portfolio can support even though they are not current invested exposure.
Why show a stress capacity?
It tests whether the same reserve can be maintained if liquid markets fall, distributions slow and capital calls arrive more quickly.
Is the capacity a commitment budget?
No. A commitment turns into NAV through fund-specific calls and distributions. Use a pacing model to translate an allocation goal into annual commitments.
What is the allocation denominator?
Current allocation and capacity are PE/VC NAV divided by the total portfolio value entered today. The stacked bars therefore reconcile to 100%.
Are the returns and stress assumptions forecasts?
No. Defaults are illustrative product assumptions. Adjust them to test the liquidity conditions relevant to your institution.