It is typically there for **short-term fund liquidity**, not to increase investable capital permanently.

Common uses:
- **Bridge timing gaps** between signing an investment and collecting LP capital
- **Close deals quickly** when a company needs funds before a capital call cycle finishes
- Cover **short-term fund expenses** or admin timing mismatches
- Avoid excessive operational friction from very frequent small capital calls

Key limits matter:
- capped at **15% of Total Capital Commitments**
- outstanding for only **120 days**
- secured by **unfunded LP commitments**

So economically, it functions like a **subscription line / bridge facility**, not extra leverage for the fund long term. If the goal is effectively to invest more than committed capital on a lasting basis, that is a different question and should be reviewed with fund counsel.