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by cjlars
2457 days ago
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Kind of, it just needs to be sufficiently liquid that you can meet the capital calls as they come. If you've got 10% of a portfolio committed to a VC fund, you can keep the rest in the S&P and just sell shares as needed. However, you would have series of returns risk of the capital calls came during market crashes. If you've got 50% committed, then you need to do even more careful cashflow planning. |
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