Fund Closing

In my Closing pipeline for my start fund, I have 2 LPs in the Investor Verification Pending stage. For one of the LPs, I see a Capital Call Invoice associated but for the other, I don't see it yet. All in all, do I get notified if the LPs are verified and have been sent the capital call invoice? Also from that step to Signed AML/KYC, Unfunded, will they automatically move or do I have to look out for a notification and them manually move them?

Can an LP connect his bank account in order to proceed when a call is done?

I am looking for best practices when reaching out to identified archetypes via LinkedIn. What kind of messaging works best, and how do you drive towards a meeting?

Since it's possible to increase a position in a subsequent capital call (with a new LPA), is it also possible for an LP to request to reduce their commitment? If so, are there specific requirements for them to do so? How do you deal with that?

What are the challenges in hindsight. Legal, tax and accounting concerns have been addressed. My concern is how to make closing the fund successful.

Question reformulated for clarity, but of course let us know if it does not address the original question. 

Obviously if someone says yes to a non-binding agreement it's no sure thing of actual closing (i understand the series of yes mentality and agree it's a good strategy - so i'm in!) What are best practices to have them come through when it's time to close (to up my % of closes from PACT?) -->  What's the time frame expected or typical for LPA and capital call (to manage their expectations and get that in the conversation)? [hub reports 12-18 months - but we've discussed 6 months in vc labs so would like clarification .. i know it's not black and white though and is how fast can i close/should i close and what can we do/what do you expect of us? I'm looking to close this by the end of the year! is that realistic? well idc i'm doing it anyway we have a world to impact with good ethical investing - also looking for what i may be missing and should watch out for to hit my goal - some of the unknown unknowns!!] Thanks!

With a timeline of 5 months to set up the firm and another 6-12 months to finalize the fund, what% of funds need to be committed before we can deploy the funds?

What are the key benefits of Decile Start?

How much does Decile Launch cost?

How much is Decile Start?

Which areas does VC Lab currently have a structured program for venture funds to domicile in?

If I have an LP commit $100k to the fund can I take the full amount on the first close? Is this related to the percentage of fund's LPs coming into the first close? 

How do GPs typically fund the setup costs before closing?

What is the recommended time frame to complete closing the entire Fund after achieving the first close of 10% of Target AUM?

Question about the target size of the first close: our plan was to hold a first close at the $2.5M (25%) commitment level. We have heard Mike and Adeo mention a 10% level several times. What is the current best practice for nano funds such as ours?

When should fund managers file as Exempt Reporting Advisors (in the US)?

Can I register a ManCo first while waiting for the fund formation process to start, then roll it in to the fund's structure later with updated documents? 

How much time can a fund manager spend helping founders to gain trust? Considering all the time needed for closing Fund I, how should time be allocated?