Under investments tab of back office there is the option to see investments under Schedule or Investments or Cap Adjusted tabs. Conceptually what is the difference between these two and are there any predictable relationships that always apply?
Community Member
The "Schedule of Investments" typically lists all the investments made by the fund, detailing the type, amount, and other relevant information. The "Cap Adjusted" tab, on the other hand, provides a valuation projection that takes into account the cap defined in a SAFE note as the valuation of portfolio companies, which may be high depending on future financings. The predictable relationship is that the "Cap Adjusted" values are derived from the investments listed in the "Schedule of Investments" but adjusted for the cap terms in SAFE notes.