Uncalled Capital

Uncalled Capital

Capital that a company has raised by issuing shares or bonds but that the company has not collected because it has not requested payment. See also: Authorized Shares.
References in periodicals archive ?
Onex is well-positioned to grow in the years to come with nearly $8 billion of committed, uncalled capital available to deploy for new private equity investments and a growing asset management business.
Uncalled capital commitments, or "dry powder," were $19.6B, of which $12.4B were not yet generating management fees.
At the end of 2017, buyout funds were sitting on an all-time high of $633 billion in uncalled capital ($286 billion of which was in megabuyout funds), with totals rising at a rate of 12 percent compounded annually for the past five years.
He said the UK's "paid-in capital" to the EIB amounted to around PS3bn ([euro]3.5bn), along with around PS30bn ([euro]35bn) of uncalled capital.
As of September 30, 2016, uncalled capital commitments stood near a record high at USD22.7 billion.
Dry powder, the level of uncalled capital available to fund managers of core private equity strategies, hit new record highs, rising from $745 billion at the end of 2015 to $818 billion as of the end of June.
This means that the underlying credit/security for the facility is the contractually committed but uncalled capital of the limited partners (LPs)/investors in the fund.
Credit Suissea[euro](tm)s interest in the fund was valued at some USD590m (EUR440.7m) in net assets plus uncalled capital commitments as of the end of September 2012.
Stephen's Green, Dublin 2 to be receivers and managers over all of the Company's undertaking, property and assets whatsoever and wheresoever both present and future including its uncalled capital for the time being and goodwill as more particularly set out in and charged by the Mortgage Debenture, and including without limitation parts of the lands in the townland of Clonmellon and Barony of Delvin being all of the property comprised in Folio 28975F of the Register of Freeholders County Westmeath as more particularly set out in and charged by the Mortgage Debenture.
"With many fund managers having a large stockpile of committed but as yet uncalled capital available to them for funds approaching the end of their investment periods, there has been increasing pressure to put capital to good use," Friedman said.
At the time, the company had about C$1 billion ($950 million) in cash and about C$3.9 billion of third-party uncalled capital for acquisitions.
Fitch believes the firm's leverage will decline over time with growth in FEBITDA as uncalled capital is put to work and strong fundraising trends continue.