Hi,
Hub calculates the Net Operating Gain / (Loss) for each LP by taking the total net gain/loss for the fund (for the period you are viewing), and allocating it across each LP based on their share of the total committed capital. You will see each LPs share of total committed capital in the column labeled "Pct of Total" -- that's the multiplier.
I am deferring to on how we calculate the total net operating gain/loss for the fund (what income and expenses are included in that calc), since that is more of an accounting issue.
Hub calculates the Net Operating Gain / (Loss) for each LP by taking the total net gain/loss for the fund (for the period you are viewing), and allocating it across each LP based on their share of the total committed capital. You will see each LPs share of total committed capital in the column labeled "Pct of Total" -- that's the multiplier.
I am deferring to on how we calculate the total net operating gain/loss for the fund (what income and expenses are included in that calc), since that is more of an accounting issue.
Thank you . Looking forward to hearing from .
- Besides Greg's point, I want to emphasize that there will be a rebalancing of PnL, if there are new Lps joining in certain period.
This considers as if the LP has joined the fund since inception, and will do a PnL allocation based on pro-rata of commitment from beginning. Therefore, for the period that new LPs joining, the system will automatically reallocate Net Operating Gain/Loss to make sure everyone is aligned in the capital spread.
This considers as if the LP has joined the fund since inception, and will do a PnL allocation based on pro-rata of commitment from beginning. Therefore, for the period that new LPs joining, the system will automatically reallocate Net Operating Gain/Loss to make sure everyone is aligned in the capital spread.