← Glossary
Equalization
An interest adjustment that puts investors joining at a later close on equal footing with those who funded at an earlier one.
Orivade keeps this on the investor's record — linked to the email or document it came from, so the current status is one search away the moment an LP asks.
See also
- Final CloseThe point at which a fund stops accepting new commitments and fundraising for the vehicle ends.
- Capital CallA fund's request that an investor wire part of their committed capital, drawn down as the fund needs it.
- Equalization InterestThe charge a later-closing investor pays on top of its catch-up contribution, compensating earlier investors for the months their capital was at work alone.
- Catch-Up ContributionThe payment a later-closing investor makes toward capital calls already issued, bringing it level with the investors admitted before it.