← Glossary
Subsequent Closing
A closing held after the fund's first, admitting new investors on economics dated back to the initial close.
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
- EqualizationAn interest adjustment that puts investors joining at a later close on equal footing with those who funded at an earlier one.
- Catch-Up ContributionThe payment a later-closing investor makes toward capital calls already issued, bringing it level with the investors admitted before it.
- Final CloseThe point at which a fund stops accepting new commitments and fundraising for the vehicle ends.