LP Toolkit/LP Private Markets Liquidity Dashboard

LP Private Markets Liquidity Dashboard

Review the cash your team needs soon and the total amount still owed to private-market funds.

Questions this calculator answers
  1. Can our $600 million in liquid assets cover capital calls, spending and our cash reserve?
  2. After $120 million in calls, $60 million in spending and a $40 million reserve, how much is left?
  3. How do our $400 million in unfunded commitments compare with our liquid assets?

Private-markets liquidity at a glance

Estimate based on the inputs shown.

Next-12-month liquidity buffer
$380m

Liquid assets left after calls, other payments and the reserve you set aside.

Total near-term requirements$220mExpected calls, other obligations and protected reserve.
Full-unfunded coverage surplus$200mCompare liquid assets with all unfunded commitments. This is not an extra cash payment over the next 12 months.
Requirements coverage2.73xLiquid assets divided by all near-term requirements.
Capital-call coverage5.00xLiquid assets divided by expected next-12-month calls.
Unfunded / liquid assets0.67xTotal unfunded commitments divided by liquid assets.
Unfunded / NAV50.0%Total unfunded commitments divided by current private-markets NAV.

How it is calculated

Liquidity buffer = liquid assets − calls − other obligations − protected reserve

Expected calls and spending cover the next 12 months. NAV, unfunded commitments, liquid assets and the protected reserve are balances at one point in time.

Read the result in context

The LP liquidity dashboard shows all unfunded commitments apart from the calls due soon. This avoids counting the same amount owed twice.

Why is unfunded not subtracted from the 12-month buffer?

Total unfunded is the balance you still owe under fund contracts. Expected calls are the part you assume you will pay in the next 12 months.

What does the protected reserve do?

It sets aside your chosen reserve so it is not counted as money for calls or spending.

How do institutions manage liquidity across private-market portfolios?

They compare liquid assets and reserves with calls and spending due soon. They also track total unfunded commitments as a separate balance.