Operations
Pacing Model
A planning model that projects future capital calls, distributions, and commitments needed to maintain a target private markets allocation.
Pacing models translate a target allocation (e.g., 20% private equity) into a multi-year commitment schedule, accounting for expected call and distribution patterns by strategy and vintage.
The model is a living document. It should be re-run quarterly with actual data and stress-tested against scenarios like extended exit slowdowns or denominator-effect drops in the public portfolio.