I have received distributions from private equity investments that are noted as Non-Recallable Return of Capital Distributions. My understanding is this means my overall Commitment and Funded-To-Date amounts are respectively reduced and Unfunded Commitment (if any) remains the same as before.
Is that accurate? Does it make sense that I reduce the Commitment & Funded amounts in my tracking spreadsheets & Quicken? The portal used by the PE broker through whom I've made these investments does not show any such reductions, but it seems logical to me that I should do so. I consider these investments to be non-liquid assets so it's basically just an adjustment to estimated NW, but I don't want to kid myself by over-valuing the assets either.