ERISA

The U.S. law governing private-sector retirement plans; a fund tracks how much ERISA money it holds because crossing a threshold makes the manager a plan fiduciary.

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

Regulated PartnerIn ILPA's model agreement, a limited partner that is a governmental plan, a foreign plan or another regulated entity, expressly excluding Benefit Plan Investors; where the general partner reasonably judges that such a partner's investment may create a legal or fiduciary problem with adverse consequences for the fund or the general partner, a separate set of remedies becomes available to it.
Subscription AgreementThe contract an investor signs to commit capital to a fund, stating the commitment amount and eligibility representations.
Limited Partnership Agreement (LPA)The governing contract between a fund's general partner and its limited partners, setting economics, terms, and governance.