Moonfare's unique 'feeder fund' structure aggregates capital from numerous individual investors to meet the high minimum investments imposed by most private equity GPs. In this manner Moonfare enables investors to participate in private equity funds with much lower minimum investment commitments. To defray the cost of setting up the feeder funds and to provide the capital for initial PE fund purchases, Moonfare asks for an initial deposit of 25% of an investor's total commitment upon signing the investor agreement.  Thereafter, capital calls are made in accordance with the PE fund's schedule. Upon notification of a capital call from the fund's GP, Moonfare immediately notifies investors in writing as well as through their online platform, providing them with 7-10 days' notice to meet the call. Investors manage the entire process digitally. Understanding capital calls and how they work is essential to investors in private equity funds. Capital calls provide advantages to both GPs and LPs in terms of cash flow and maximising returns. They are, however, a contractual obligation between the investors and the funds.