We call capital from our clients’ underlying investors using a capital contribution notice. Capital contributions are typically called as a percentage of an investor’s capital commitment. Please review the notice below for accuracy based on the following assumptions: • Investor Name: Posey Clementine Family Trust • Investor Capital Commitment: $1,000,000.00 • Intended Capital Call %: 4% • Days investors have to pay in: 10 business days • Date notice was sent: May 1, 2019

 

Transcribed Image Text:

Capital Commitment Capital Contributions to Date (prior to this call) Amount Over/(Under) Paid Remaining Commitment Capital Call Due May 10, 2019 PB+J Fund I, LP Capital Call Due January 1, 2018 Posey Clementine Family Trust Percent of Commitment 100.00% 10.00% 0.00% 90.00% 4.00% - $1,000,000 $100,000 SO $900,000 $50,000 Capital Commitment Capital Contributions to Date (prior to this call) Amount Over/(Under) Paid Remaining Commitment Capital Call Due May 10, 2019 PB+J Fund I, LP Capital Call Due January 1, 2018 Posey Clementine Family Trust Percent of Commitment 100.00% 10.00% 0.00% 90.00% 4.00% - $1,000,000 $100,000 SO $900,000 $50,000

Answer rating: 100% (QA)

The detailed answer for the above question is provided below No the notice is not accurate based on ... View the full answer