2.16 Process Investor Commitment Detail

This topic provides the systematic instructions to capture the investor’s commitments details for a closing call of the fund.

Investors commitment is captured against a Closing Call. It is available in AGY module. Gateway and REST features are supported.

1. On Home screen, type UTDUHCOM in the text box, and click Next.
   The Investor Commitment Detail screen is displayed.

   Figure 2-39 Investor Commitment Detail

   
   

   
   Description of "Figure 2-39 Investor Commitment Detail"

   
   
2. On Investor Commitment Detail screen, specify the fields.
   For more information on fields, refer to the field description table.

   Table 2-41 Investor Commitment Detail - Field Description

   Field	Description
   Commitment Details	The section displays the following fields.
   Commitment Number	Display It displays the system generated commitment number.
   Unit Holder ID	Alphanumeric; 12 Characters; Mandatory Specify the Unit Holder ID of the commitment. Enter either any of the values or all values. Click Find UH button to find the unitholder options.
   Unit Holder Name	Display It displays the name of the unitholder.
   Fund ID	Mandatory Specify the fund Id of the closing call. It fetches the fund that are only maintained in the fund capital call.
   Fund Name	Display It displays the fund name of the closing call.
   Commitment Currency	Display It displays the fund capital call currency.
   Purpose	Alphanumeric; 255 Characters; Mandatory Specify the purpose of the commitment.
   Closing Call Number	Numeric; Mandatory Specify the closing call number and it displays eligible closing call number.
   Status	Mandatory Specify the status of the commitment from the drop-down list and the default value displayed is Active. The list displays the following values: Active Closed Outstanding Completed
   Active	It is the default value of the system.
   Closed	The user can mark the status as Closed when unitholder wants to move out. The status cannot be changed from Closed to Active.
   Outstanding	The system will update the status as outstanding when payment is rejected. Note: In case any investor has not made payment against any Tranche, UH commitment Status will be updated as Outstanding either on. Tranche closing date + Grace days as part of FMG EOD Batch (or) During Next tranche creation whichever is the earliest.
   Completed	The system will update the status as Completed when the entire amount committed is paid by the investor. Note: System driven status change during EOD Batch, Status can be changed from Active to Outstanding. Status can be changed from Active to Completed. User driven status change, Status can be changed from Active to Closed. Status can be changed from Outstanding to Closed.
   Commitment Amount	Numeric; Optional Specify the commitment amount of the investor on the fund.
   Other Details	The section displays the following fields.
   Commitment Type	Mandatory Specify the type of the commitment from the drop-down list and the default value displayed is New. The list displays the following values: New Take Over Note: In case of Take Over commitments, commitment amount will be derived by the system.
   Transferred From UH	Alphanumeric; 12 Characters; Optional Specify the Transferred from UH. Click Find UH button to find the unitHolder options. Note: In case Commitment Type is Take Over, Transferred from UH will be mandatory. From UH Commitment Status should be Closed.s
   Transferred From UH Name	Display It displays the Transferred From UH Name.
   Commitment Utilized	Display Commitment utilized is derived as sum of the amount of Cleared capital call Tranche transactions for the investor. It displays the commitment utilized.
   Commitment Unutilized	Display Commitment unutilized is derived as (Investor commitment - Commitment utilized). It displays the commitment unutilized.
   Commitment Utilized Percentage	Display Commitment utilized percentage is computed as (Commitment utilized/ Investor commitment)*100. It displays the commitment utilized percentage.