NAV headroom
—Additional PE/VC NAV todayPrivate Equity Allocation Capacity Calculator for LPs
Estimate how much private equity and VC your portfolio can hold while keeping the liquid reserve you need.
Questions this calculator answers
- 1. How much can our $500 million portfolio put in private equity and venture capital while keeping enough cash?
- 2. If we have $30 million in unfunded commitments, how much room is left for new investments?
- 3. How much could we invest if funds call cash faster and pay us back more slowly?
Your allocation capacity
Capacity is the PE/VC NAV you could hold today while meeting the stated cash reserve test. It does not tell you how much to commit each year.
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 show shares of the portfolio value entered today. The capacity bar shows the most PE/VC NAV that passes the modeled cash reserve test.
Liquid / otherPrivate equityVenture capital
Allocation capacity under stress
Each case tests the limit again. It includes a fall in liquid markets, slower PE/VC cash returns 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 estimate of the most PE/VC NAV you could hold today. It uses your chosen liquid reserve and the unfunded commitments you enter.
Why does unfunded capital matter?
Unfunded commitments are cash you have promised but not yet paid. They are not invested yet. Still, they can reduce the extra NAV your portfolio can support.
Why show a stress capacity?
It tests whether you can keep the same reserve if liquid markets fall. It also tests slower cash returns and faster capital calls.
Is the capacity a commitment budget?
No. Fund calls turn a commitment into invested NAV. Cash paid back also changes NAV. Use a pacing model to work out yearly commitments for your target share.
What is the allocation denominator?
For both current share and capacity, divide PE/VC NAV by the total portfolio value entered today. Each stacked bar adds up to 100%.
Are the returns and stress assumptions forecasts?
No. The defaults are examples, not forecasts. Change them to test the cash needs and risks that matter to your institution.