Investment period USD
ML

Fund overview

Vintage 2025 · 2nd close 01 Jan 2026 · 8 limited partners
Commitment
$127.6M
after 2nd close
Called capital
$20.1M
15.8% of commitment
Distributed
$4.0M
DPI 0.20x
Unfunded
$107.4M
across 8 LPs
Residual NAV
$18.5M
RVPI 0.92x
TVPI
1.12x
DPI + RVPI
Net IRR
9.4%
gross 14.1%
Management fee
2.0%
on committed

Capital called vs distributed

by quarter
Q1'25
Q2'25
Q3'25
Q4'25
Q1'26
CalledDistributed

Deployment

Called$20.1M / $127.6M

Portfolio

2 investments
Thai Foods Co
$5.0M
Accra Logistics
$7.0M
30% realised

Limited partners

View register
InvestorCommitment%CalledUnfunded

Accounting

Connected · your accounting system

142 journal entries generated this quarter. Capital calls, investments and distributions posted automatically.

All reconciled · last sync 2 min ago

Investor register

8 limited partners · $127.6M committed

Click a row to open the capital account statement.

Capital calls

$20.1M called to date · 15.8% of commitment
RefDatePurposeAmount% of commitmentStatus
CALL-2025-0115 Mar 2025Initial drawdown$12,000,0009.40%
CALL-2025-0220 Sep 2025Investment · Thai Foods Co$5,000,0003.92%
CALL-2026-0110 Jan 2026Investment · Accra Logistics + fees$3,100,0002.43%Settling

CALL-2026-01 · allocation

Settling

Pro-rata split across limited partners, computed automatically. Notices generated and ready to send.

InvestorCommitmentShareCalled (this call)

Distributions

$4.0M distributed · DPI 0.20x
RefDateSourceAmountTypeStatus
DIST-2025-0118 Dec 2025Partial realisation · Thai Foods Co$4,000,000Return of capital

Distribution waterfall

4-tier · 8% hurdle · 80/20 carry
1
Return of capital

Paid-in capital returned to LPs first

$4.0M
2
Preferred return (8% hurdle)

Reached once capital is returned

pending
3
GP catch-up

Brings GP to its carry share

pending
4
Carried interest (80/20)

Profit split above the hurdle

pending

Reports

Generated from your own templates · PDF and Excel
CA
Capital account statement

Per investor · as of 31 Dec 2025

QR
Quarterly investor report

Fund-level · Q4 2025

AU
Auditor pack

Full year · reconciliation ready

IL
ILPA report

Standard template · fees and expenses

CN
Capital call notice

CALL-2026-01 · 8 notices

DN
Distribution notice

DIST-2025-01 · 8 notices

Accounting

Entries generated by Meridian, pushed to your accounting system
Connected · all reconciled
DateJournalSourceDebitCreditStatus
10 Jan 2026Capital call receivableCALL-2026-01$3,100,000
10 Jan 2026LP contributions in advanceCALL-2026-01$3,100,000
18 Dec 2025Distribution payableDIST-2025-01$4,000,000
20 Sep 2025Investment · Accra LogisticsINV-2025-02$7,000,000
30 Sep 2025Management feeFEE-Q3$637,000
142 journal entries this quarter. Meridian calculates and produces the entries; your ledger stays your ledger.
Investor side This is what your limited partners see when they log in.
Investor portal
Hello, Alessandro.
Horizon Growth Fund, LP · your position as of 31 Dec 2025
Your commitment
$10.0M
7.84% of the fund
Paid-in
$1.58M
15.8% called
Distributed
$0.31M
DPI 0.20x
Net IRR
9.4%
since inception

My capital calls

DatePurposeAmountStatus
15 Mar 2025Initial drawdown$940,000
20 Sep 2025Investment$392,000
10 Jan 2026Investment + fees$243,000Due 24 Jan

My documents

Capital account statement · Q4 2025PDF
Capital call notice · CALL-2026-01PDF
Distribution notice · DIST-2025-01PDF