Capital Raise Pipeline
Fund III — $150M target
Target
$150M
Closed
$55M (37%)
Total Pipeline
$167M
Coverage
1.11x
Closed Remaining Pipeline
Pipeline Funnel
Prospect
12
—
45%
Soft Commit
8
$18M
60%
In Due Diligence
6
$29M
70%
Committed
10
$65M
85%
Closed
6
$55M
Stage Details
| Stage | Investors | Capital | Avg Days in Stage | Stuck (>2x avg) | Conversion Rate |
|---|---|---|---|---|---|
| Prospect | 12 | — | 42 days | ⚠️ 3 | 45% |
| Soft Commit | 8 | $18M | 28 days | ⚠️ 1 | 60% |
| In Due Diligence | 6 | $29M | 35 days | ⚠️ 2 | 70% |
| Committed | 10 | $65M | 18 days | 0 | 85% |
| Closed | 6 | $55M | — | — | — |