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Can a Major Investment in a Company Count Towards Your Fund's Financial Backing and How Are Investments Generally Accounted For?

If you have a major investment in a company that would foreseeably become the first investment of your fund, can this count towards your financial backing, and if so, by how much? How are investments generally accounted for?
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You would ‘Warehouse’ this deal into your fund. This is a common practice which makes your fund more attractive to investors. Basically, you would move your investment into your fund. LPs would invest in your fund and get a return once a liquidity event takes place from this deal.

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