Final Close

The point at which a fund stops accepting new commitments and fundraising for the vehicle ends.

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

Capital CommitmentThe total amount an investor agrees to contribute to a fund over its life, funded over time through capital calls.
EqualizationAn interest adjustment that puts investors joining at a later close on equal footing with those who funded at an earlier one.

Related reading

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