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1

Asked by

Community Member

on

in

Fund Closing

Do LPs automatically move from Investor Verification Pending stage in the Closing Pipeline?

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?
1 See in Base
0

Answered by

Austin Ambrose

on

Hey  @Varun Turlapati
, there is not a notification when investors pass AML. LPs are moved out of the investor verification pending stage by Decile Group when we receive their AML results. However, there is an automation that adds them to the capital call pipeline for your Start Fund as soon as AML is passed. If an LP is present in the capital call pipeline, they have cleared AML. 

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