What is a common time period for LPs to have transferred the capital call amount after the call is made by the GP? Meaning cash is on the fund’s bank account.
I understand this is dependent on the LP agreement. Just curious about a rough time frame.
This really depends on the general profile of a particular fund's limited partners - most of the time Limited Partnership Agreements provide 15 days from receiving a capital call for the Limited Partner to wire in the requested amount. If the timing starts to slip, it may indicate a liquidity issue with a particular limited partner, and the fund manager may need to have a conversation to figure out what is going on.