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By the end of this guide you'll understand what each holding status means, know how to filter your holdings list by status, and be able to mark a holding as Realized once it's fully exited.
Note
You need access to your firm's GP workspace and at least one holding to follow along. Marking or unmarking a holding as Realized is available to anyone with access to that holding.
Understand the holding statuses
Open Holdings to see a Status column on each row. Covercy One works out this status automatically from the holding's fundraising and position activity, so you don't set it directly. It always reflects the holding's current data:
- Draft — the holding has no raise activity and no investor positions yet.
- Init. Fundraising — the holding has an active fundraise underway and hasn't completed one before.
- Fundraising — the holding has an active fundraise and has also completed at least one fundraise previously.
- Under Management — the holding has investor positions and no fundraise currently active, whether or not it has raised before.
- Realized — you've marked the holding as fully exited. This takes priority over every other status.
Tip
An open capital call on its own doesn't move a holding into Init. Fundraising or Fundraising — those statuses reflect raises where investors commit new capital, not calls against commitments they've already made.