Capital Call and Liquidity Planner

Plan how much cash your family office needs to keep liquid to meet capital calls on private fund and deal commitments, year by year, and see the first year you would run short. Free, no login, and nothing you type leaves your browser.

Attendees talking at a Family Office Club reception — Photo: Family Office Club

CommitmentsTotal private commitments ($)Years over which capital is calledYear distributions beginDistributions per year (% of capital called)

LiquidityCash and liquid assets set aside today ($)Yield on the liquid reserve (% a year)Other annual spending drawn from the reserve ($)Years to show

Your Results

Lowest reserve balance

First year of shortfall

Capital called per year

Year	Capital called	Distributions	Reserve at year end

How the Calculator Works

Commitments are called in equal amounts over the years you choose. From the year you pick, distributions come back each year as a share of everything called so far. Each year the reserve earns its yield, pays the call and your other spending, and receives distributions. The table shows the reserve at the end of every year; the first negative year is your shortfall.

Private commitments are only as safe as the cash behind them. In The Single Family Office, Richard lists liquidity and time horizon among the first things a family should decide before building a portfolio. See our answer on how much liquidity a family office should keep.

Assumptions and Sources

Equal annual calls and a flat distribution rate are simplifications. Real funds call faster early and distribute unevenly; use the schedule in each fund's documents when you have it.. Source: Family Office Club calculation method
Liquidity, time horizon and risk tolerance are set before the portfolio is built. Source: The Single Family Office, by Richard C. Wilson

Questions About This Calculator

How much should I keep liquid against commitments?

Enough to cover the calls you expect over the next one to two years plus your normal spending, without selling long-term holdings at a bad time. Run the planner with a slower distribution start to test the worst case.

Why do distributions start late?

Private funds and direct deals usually spend their first years investing and building value. Cash tends to come back once holdings are sold or refinanced.

Informational only, not financial, legal or tax advice. Confirm figures with your own advisors.