Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Drawdown

The actual act of transferring capital in the fund’s portfolio companies; the drawdown may be in the form of a notice issued by a fund (or its general partner) instructing investors to make a capital contribution to the fund to permit the fund to make an investment or pay for fund expenses or liabilities; also known as a “capital call notice”.

Source: NCREIF | Date: 05 September 2025 | ID: D1063 | Version: 1