Opening liquidity
$28.1MNear-term liquidity, not account value.
Forecast
Liquidity requirements over next 1 year
Case
Horizon
Known obligations, expected call pace, probability-weighted distributions, and active tax reserves.
Expected capital calls
$15.2MKnown calls plus expected pacing.
Expected distributions
$3.44MProbability-weighted and timing sensitive.
Dry powder
$6.20MAfter expected calls through 1y.
Lowest liquidity
$11.4MApr 30, 2027
Policy breach
No projected breachMinimum buffer: $5.63M
Time series
Base case liquidity runway
Lowest projected liquidity is $11.4M in Apr 30, 2027. No projected breach. Dry powder after expected calls is $6.20M.$15.2M capital calls and $3.44M expected distributions through 1y.
Operationally safe under current assumptions.
Monthly values
Base case through 1y
| Month | Projected liquidity | Minimum buffer | Dry powder | Capital calls | Distributions | Tax reserves | Other obligations | Net movement | Policy |
|---|---|---|---|---|---|---|---|---|---|
| Jun 2026 | $27.2M | $5.63M | $21.5M | $224K | $0 | $0 | $750K | -$974K | In policy |
| Jul 2026 | $22.8M | $5.63M | $17.1M | $4.42M | $0 | $0 | $0 | -$4.42M | In policy |
| Aug 2026 | $23.0M | $5.63M | $17.3M | $1.47M | $1.68M | $0 | $0 | $207K | In policy |
| Sep 2026 | $17.8M | $5.63M | $12.2M | $3.32M | $0 | $0 | $1.80M | -$5.12M | In policy |
| Oct 2026 | $17.5M | $5.63M | $11.9M | $1.17M | $880K | $0 | $0 | -$294K | In policy |
| Nov 2026 | $16.9M | $5.63M | $11.3M | $224K | $0 | $0 | $420K | -$644K | In policy |
| Dec 2026 | $15.1M | $5.63M | $9.45M | $1.82M | $0 | $0 | $0 | -$1.82M | In policy |
| Jan 2027 | $11.9M | $5.63M | $6.22M | $1.62M | $0 | $0 | $1.60M | -$3.22M | In policy |
| Feb 2027 | $11.6M | $5.63M | $6.00M | $224K | $0 | $0 | $0 | -$224K | In policy |
| Mar 2027 | $11.7M | $5.63M | $6.02M | $224K | $245K | $0 | $0 | $21K | In policy |
| Apr 2027 | $11.4M | $5.63M | $5.80M | $224K | $0 | $0 | $0 | -$224K | In policy |
| May 2027 | $11.8M | $5.63M | $6.20M | $224K | $630K | $0 | $0 | $407K | In policy |