The first window for deployment of capital is very rapid. Is there a minimum deployment anticipated? Is there a requirement for any matched funding to be attached to these early deployments? Are there any requirements for when the 10M in total should be deployed in total?
The initial deployment needs to be indicative and not prescriptive; the aim is to use this portfolio as an indicator when raising further capital. As such there is no need for initial matching funding and no minimum. The total deployment will be based on the envisaged LPA and the investment period put forth by the fund manager and in alignment with the opportunities available.