# Pitch Deck Extraction warehoused_deals Response
## Technical Context
- **Task Name**: Pitch Deck Extraction - warehoused_deals
- **Workflow Run ID**: 34
- **Timestamp**: 2026-09-14T17:03:34.338Z
## Grounded Intelligence Data
# Warehoused Deals
Based on a comprehensive review of the Warana Capital pitch deck dated October 2023, there is no explicit list of specific, named seed assets, pre-identified warehoused portfolios, or individual pipeline transactions designated to be seeded into the Warana 2023 Fund at its initial close.
However, the presentation provides the following highly relevant contextual data, metrics, and parameters regarding the Warana 2023 Fund's status, transaction agreements, and general pipeline activity:
* **Warana 2023 Fund Transactional Status:** As of the reporting date, the Warana 2023 Fund has raised $106.0mm in USD. It has an average purchase price of 59% of Manager Net Asset Value (NAV) on a look-through, unadjusted basis at the time of purchase, which explicitly includes "trades agreed as of June 30, 2023" [Page 4].
* **Investment Period and Capital Recycling Terms:** The fund terms specify an Investment Period of 18 months from the initial call, with "no recycling post investment period" permitted [Page 10].
* **Pipeline Sourcing and Bid Statistics:**
* Overall pipeline volumes have expanded significantly, increasing by 3.7x since the closure of Warana's first fund in 2017 [Page 7].
* Warana maintains strict underwriting discipline to prevent style drift as the pipeline grows; its winning bids historically represent only "~5% or lower of total NAV volume across [their] funds" [Page 7].
* Historical bid volumes and statistics indicate that for the preceding 2021 Fund, the total pipeline volume analyzed was over $9 billion, of which only a tiny fraction (represented by the "Won" category) was successfully converted into portfolio deals [Page 7].
Pitch Deck Extraction warehoused_deals Response
Technical Context
-
Task Name: Pitch Deck Extraction - warehoused_deals
-
Workflow Run ID: 34
-
Timestamp: 2026-09-14T17:03:34.338Z
Grounded Intelligence Data
Warehoused Deals
Based on a comprehensive review of the Warana Capital pitch deck dated October 2023, there is no explicit list of specific, named seed assets, pre-identified warehoused portfolios, or individual pipeline transactions designated to be seeded into the Warana 2023 Fund at its initial close.
However, the presentation provides the following highly relevant contextual data, metrics, and parameters regarding the Warana 2023 Fund’s status, transaction agreements, and general pipeline activity:
-
Warana 2023 Fund Transactional Status: As of the reporting date, the Warana 2023 Fund has raised $106.0mm in USD. It has an average purchase price of 59% of Manager Net Asset Value (NAV) on a look-through, unadjusted basis at the time of purchase, which explicitly includes “trades agreed as of June 30, 2023” [Page 4].
-
Investment Period and Capital Recycling Terms: The fund terms specify an Investment Period of 18 months from the initial call, with “no recycling post investment period” permitted [Page 10].
-
Pipeline Sourcing and Bid Statistics:
-
Overall pipeline volumes have expanded significantly, increasing by 3.7x since the closure of Warana’s first fund in 2017 [Page 7].
-
Warana maintains strict underwriting discipline to prevent style drift as the pipeline grows; its winning bids historically represent only “~5% or lower of total NAV volume across [their] funds” [Page 7].
-
Historical bid volumes and statistics indicate that for the preceding 2021 Fund, the total pipeline volume analyzed was over $9 billion, of which only a tiny fraction (represented by the “Won” category) was successfully converted into portfolio deals [Page 7].