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Quarterly Letter

Quarterly Letter

LP Reporting · Drafts the LP letter from the book. Does not invent a realisation to make DPI look busy.

Idle

Q3 letter, first draft

Done

Steps

  1. 1DPI

    Say that DPI is Kiln. Do not smear it across the fund.

  2. 2Pacing

    Say the gap is price, not a failure to see deals.

  3. 3Watchlist

    Name Portico and Northwind as decisions, without promising a cheque.

Inputs

  • Capital account
  • Kiln exit memo
  • Pacing

Sources used

Output

Draft is with the partners. It will not go out before the reserve papers exist, or the letter will be wrong a week later.

Fund