← Glossary
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.
- Subsequent ClosingA closing held after the fund's first, admitting new investors on economics dated back to the initial close.
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