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Usually the reason that language is there to allow for capital call lines. You would probably need to specify this or work with your IC if you have one to get this done. That being said, you can also just do recycling to achieve the sam...

Usually the reason that language is there to allow for capital call lines. You would probably need to specify this or work with your IC if you have one to get this done. That being said, you can also just do recycling to achieve the same effect, with less risk. One final thing on this, I’m not sure that a bank would loan you the money for something like this. Banks are super conservative and the amount of paperwork that you would need to make this happen is probably prohibitive.

We do not recommend recycling on a first fund. It is complicated to manage. It delays starting your second fund. It is hard to explain to inexperienced limited partners. If you want to recycle despite the warnings, then you can set an a...

We do not recommend recycling on a first fund. It is complicated to manage. It delays starting your second fund. It is hard to explain to inexperienced limited partners. If you want to recycle despite the warnings, then you can set an amount in the Cornerstone, correct.