Three private-market capital calls are open for USD 5.35M, one of which is overdue. Total committed across the private-market book is USD 248M spanning eight funds; expected near-term distributions of USD 3.31M partly offset the calls.
Open capital calls
| Fund | Amount | Due | Status |
|---|---|---|---|
| Clearlake Capital Partners VIII | USD 2.40M | in 13 days | Pending |
| KKR Asian Fund IV | USD 1.75M | in 26 days | Pending |
| Thoma Bravo Discover Fund V | USD 1.20M | 12 days ago | OVERDUE |
| Total | USD 5.35M |
Expected distributions (inbound)
- Bain Capital Asia V — USD 1.85M (≈9 days)
- Hellman & Friedman XI — USD 0.94M (≈44 days)
- Citadel Wellington LLC — USD 0.52M (≈67 days)
Net private-market cash need over the window: ≈ USD 2.04M after distributions.
Commitment book
Eight commitments totalling USD 248M:
- Just committed (USD 78M) — Trust USD 50M + SPV USD 28M, ~5–15% drawn
- Just funded (USD 25M) — fully drawn
- Mid-life (USD 115M) — across four funds, 60–85% drawn
- Mature (USD 30M) — fully drawn, winding down
Actions
- Escalate Thoma Bravo Discover V — the call is 12 days overdue; confirm the wire and chase the fund admin.
- Fund the Clearlake call (13 days) from USD CURRENT cash rather than the lombard.
- Apply the Bain Asia V distribution (9 days) against the KKR call due in 26 days.
As of 12 May 2026.