What's new?

GPs can now set a capital commitment range for LPs when closing into their fund.

What’s important about this change?

Providing a commitment range gives LPs the flexibility to adjust their investment amount during the closing process. And it gives you the ability to provide a custom closings experience for each investor, from individual to institutional.

How does it work?

Set a commitment range in Carta Closings, before inviting your LPs to close. You can set one range for all LPs closing into your fund or custom ranges for each individual LP.

LPs will be asked to enter a final commitment amount from the range given before they begin the closings process. This will give your LPs the opportunity to decide how much they want to commit when closing into your fund.

Once the LP enters this amount, you will receive a notification with the final committed capital amount.

How do I learn more? 

Reach out to your Account Director to learn more about Carta Closings today.