In the Commitment Adjustment/Capital Call panel, you can process a capital call payment (reflects funding of the commitment) for a private equity fund. Call payments can include both capital investments and fees that impact the funded and unfunded commitments. You can also include expenses in a capital call transaction. A Call transaction (LPCALL event) increases the funded commitment and decreases the unfunded commitment. That is, it increases the capital invested and reduces the cash balance. This LPCALL event is part of the Capital Based Fund Investment workflow used when you set up a private equity security with a processing security type of Capital Based Fund Investment (EQCBFI). WRiTERS NOTE: need sample amounts for a screenshot.
To book a capital call for private equity using the Book Trade tool:
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