Room · Capital
Capital structure
Active Participated Capital, the Participant Liquidity Reserve, deployed capital, and the Operator's first-loss bond.
Capital
| Metric | Value | Provenance |
|---|---|---|
| APC (Active Participated Capital) | $1,000,000.00 | Validated model reference · Derived |
| PLR (Participant Liquidity Reserve) | $250,488.28 | Validated model reference · Derived |
| PLR / APC | 25.05% | Validated model reference · Derived |
| Deployed capital (SDC) | $749,511.72 | Validated model reference · Derived |
| Deployed / APC | 74.95% | Validated model reference · Business input |
Operator bond
Operator First-Loss Capital — subordinated to Participant claims.
| Metric | Value | Provenance |
|---|---|---|
| Gross OFLC | $1,021,118.16 | Validated model reference · Derived |
| Gross OFLC / APC | 1.0211× | Validated model reference · Derived |
| Effective EOFC (post-haircut) | $816,894.53 | Validated model reference · Derived |
| Collateral haircut | 20.0% | Validated model reference · Policy (unratified) |
| Owned collateral fraction | 30.0% | Validated model reference · Business input |
| Financed collateral fraction | 70.0% | Validated model reference · Business input |
| Owned gross collateral | $306,335.45 | Validated model reference · Derived |
| Financed gross collateral | $714,782.71 | Validated model reference · Derived |
| Operator economic capital | $306,335.45 | Validated model reference · Derived |
Operator revenue & cost
Only supplied revenue and cost components are totaled — unset components are excluded, not zeroed.
| Metric | Value | Provenance |
|---|---|---|
| Management fee revenue | $25,000.00 | Validated model reference · Derived |
| Performance fee revenue | NOT SUPPLIED | Validated model reference · Unset |
| Gross revenue | $25,000.00 | Validated model reference · Derived |
| Net collateral carry cost | $64,330.44 | Validated model reference · Derived |
| Operating costs | NOT SUPPLIED | Validated model reference · Unset |
| Operator net income | -$39,330.44 | Validated model reference · Derived |