Project overview
A proposed sustainable real estate fund needed to connect portfolio deployment and asset outcomes to net LP cash flow before the complete portfolio was known.
Mandate
- Model fundraising, deployment and returns without inventing named future assets.
- Show how fees, timing and distribution terms bridge gross asset returns to net LP outcomes.
Model structure
- Commitments, calls and representative asset cohorts
- Management fees, fund costs and reserves
- Preferred return, return of capital and promote tiers
- Gross and net IRR, equity multiples and scenario analysis
How it supported the decision
- Created a consistent base for portfolio planning and initial investor materials.
- Allowed deployment pace, asset mix and distribution timing to be tested transparently.