Can LPs increase, decrease, or cancel their subscription to a Rolling Fund?

For Rolling Funds without a minimum quarterly commitment, subscription amounts may be increased, decreased, or canceled at any time in accordance with program requirements. Unless canceled, modified, or rejected, an LP’s subscription will automatically renew in the subsequent quarter.
Note that some funds have a minimum number of quarters that LPs must commit to. In those cases, LPs cannot cancel or decrease their subscription before the minimum quarterly commitment is complete. However, they can increase their subscription.

Was this article helpful?
3 out of 4 found this helpful