What was the worst recent fill rate, how were unfilled requests handled, and which document proves the current cap, cadence, and discretion language?
Advisor Packet
What was the lowest recent fill rate, and what drove excess requests?
Were unfilled requests automatically carried forward, cancelled, or required to be resubmitted?
What discretion does the board or manager have to reduce, suspend, or modify the program?
Repurchase policy, tender offer statement, or shareholder report for cap and cadence.
Calculate accepted amount divided by requested amount.
Check whether the document reports a proration factor directly.
Look for resubmission rules or future-window treatment.
Use the same basis for numerator and denominator.
Check whether the source reports dollars, shares, or a proration factor.
Compare recent fill rates across cycles before calling liquidity reliable.
Proration appears in AltHarbor when fill rate, proration factor, requested / accepted need plain-English explanation from the reference desk.
MetricFill rateFill rate appears in AltHarbor when fill rate, accepted / requested, repurchase event need plain-English explanation from the reference desk.
LiquidityRepurchase programRepurchase program appears in AltHarbor when repurchase cap, repurchase cadence, requested / accepted need plain-English explanation from the reference desk.
Show proration, deferred demand, and why a stated cap is not the same as a guaranteed exit.
LiveFiling Trail DecoderRoute an advisor from a product question to the document type most likely to prove it.
Use a hypothetical liquidity window to show what happens when requests exceed stated capacity.
Tender offer fundMODEL-PE-TENDER: Model tender-offer cycle and partial exit riskUse a model private-equity tender cycle to show why an exit window is not the same thing as daily liquidity.
Turn a fund pitch into a source-backed diligence agenda.
Core / 53 minLiquidity and exitsExplain what happens when a client asks for cash back.
Core / 41 minFees and performanceCompare performance after understanding what the return includes.
Intro / 62 minExplain it to a clientTranslate product mechanics into clear client language.
What was the worst recent fill rate, how were unfilled requests handled, and which document proves the current cap, cadence, and discretion language?
Manager questionsCalculate accepted amount divided by requested amount.
ProrationShow proration, deferred demand, and why a stated cap is not the same as a guaranteed exit.
Liquidity SimulatorUse a hypothetical liquidity window to show what happens when requests exceed stated capacity.
MODEL-CREDIT-LIQUIDITY: Hypothetical liquidity window versus client cash needTurn a fund pitch into a source-backed diligence agenda.
Evaluate a first fundAdvisor Output
The goal is to separate normal operating mechanics from stress behavior.
Each answer should point to the document that proves the current rule or event result.
Source Concepts
Repurchase policy, tender offer, or repurchase results showing requested amounts, accepted amounts, proration factor, or capped fill.
Tender or repurchase result data with accepted and requested amounts, shares, dollars, or reported percentage.
Repurchase policy, prospectus liquidity section, tender documents, and accepted-versus-requested results.
Related Tools
Controlled Examples
Use a hypothetical liquidity window to show what happens when requests exceed stated capacity.
Use a model private-equity tender cycle to show why an exit window is not the same thing as daily liquidity.
Use when a fund has repurchase pressure, a partial fill, or a client asks what happens when requests exceed capacity.
Open related workflowLearning Paths