FUN/D / Glossary / Dry powder — glossary
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Glossary

Dry powder

Committed capital that has not yet been called or invested — at a fund level, roughly its unfunded commitments available for new deals.

In practice

Dry powder is tracked for pacing, fee calculations and fundraising narratives.

In FUN/D

FUN/D shows uncalled capital by fund and investor in real time.

Related: Unfunded commitment · Capital commitment · Investment period · full glossary

See how FUN/D handles this on your fund.

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