Capital Call Management Fee Calculator

Management fee mechanics during fund investment and harvest periods.

Committed capital

Investment period fee %

Called capital

Harvest period fee %

Investment period years

Harvest period years

Total fees

$61,250,000

Investment period fees

$43,750,000

Harvest period fees

$17,500,000

How the math works

Investment fees = committed × rate × years. Harvest fees = called × rate × years.

$500M × 1.75% × 5 = $43.75M invest + $350M × 1% × 5 = $17.5M harvest = $61.25M total fees.

How to Use

Enter committed capital.
Enter investment period fee %.
Enter called capital.
Enter harvest period fee %.
Read total fees.

Frequently Asked Questions

Two-tier fees?

Investment period (years 1-5): fee on committed capital. Harvest period (years 5-10): fee on called capital (less already distributed). Encourages efficient deployment and distribution.

Typical rates?

Investment period: 1.5-2.0% of committed. Harvest period: 0.75-1.25% of called. Premier funds negotiate lower. Large LPs get better rates. Small LPs pay standard rates.

Step-down timing?

Hard step-down at 5 years: cleaner administration. Soft step-down: flips when fund 75% invested. Hybrid: both triggers. Each structure creates different incentives for deployment speed.

How often should I rerun this?

Rerun this calculator whenever inputs change materially — new rent roll data, rate moves, loan balance updates, or quarterly operating data. For active deals, monthly refresh is typical. For stabilized assets under monitoring, quarterly is fine. Treat the output as a decision tool, not a one-time answer — market conditions evolve and so should your analysis.