{
  "evidence": "Entirely synthetic: not an ILPA template or client reporting",
  "version": "2026-09-09",
  "fund": "Example Fund I (fictional)",
  "currency": "USD",
  "exclusions": [
    "Recallable distributions",
    "Subscription facilities",
    "Foreign exchange",
    "Investor-specific allocations",
    "IRR",
    "Tax or legal interpretation"
  ],
  "rows": [
    {
      "quarter": "2024-Q3",
      "contributions": 20000000,
      "distributions": 0,
      "netChange": 1000000,
      "closingNav": 21000000,
      "sourceId": "SYN-FUND-2024-Q3",
      "basis": "Simplified investor-level net basis; fictional data; USD",
      "approved": false
    },
    {
      "quarter": "2024-Q4",
      "contributions": 15000000,
      "distributions": 0,
      "netChange": 2000000,
      "closingNav": 38000000,
      "sourceId": "SYN-FUND-2024-Q4",
      "basis": "Simplified investor-level net basis; fictional data; USD",
      "approved": false
    },
    {
      "quarter": "2025-Q1",
      "contributions": 15000000,
      "distributions": 2000000,
      "netChange": -1000000,
      "closingNav": 50000000,
      "sourceId": "SYN-FUND-2025-Q1",
      "basis": "Simplified investor-level net basis; fictional data; USD",
      "approved": false
    },
    {
      "quarter": "2025-Q2",
      "contributions": 10000000,
      "distributions": 3000000,
      "netChange": 4000000,
      "closingNav": 61000000,
      "sourceId": "SYN-FUND-2025-Q2",
      "basis": "Simplified investor-level net basis; fictional data; USD",
      "approved": false
    },
    {
      "quarter": "2025-Q3",
      "contributions": 10000000,
      "distributions": 4000000,
      "netChange": 5000000,
      "closingNav": 72000000,
      "sourceId": "SYN-FUND-2025-Q3",
      "basis": "Simplified investor-level net basis; fictional data; USD",
      "approved": false
    },
    {
      "quarter": "2025-Q4",
      "contributions": 10000000,
      "distributions": 5000000,
      "netChange": 10000000,
      "closingNav": 87000000,
      "sourceId": "SYN-FUND-2025-Q4",
      "basis": "Simplified investor-level net basis; fictional data; USD",
      "approved": false
    },
    {
      "quarter": "2026-Q1",
      "contributions": 10000000,
      "distributions": 8000000,
      "netChange": 12000000,
      "closingNav": 101000000,
      "sourceId": "SYN-FUND-2026-Q1",
      "basis": "Simplified investor-level net basis; fictional data; USD",
      "approved": false
    },
    {
      "quarter": "2026-Q2",
      "contributions": 10000000,
      "distributions": 8000000,
      "netChange": 17000000,
      "closingNav": 120000000,
      "sourceId": "SYN-FUND-2026-Q2",
      "basis": "Simplified investor-level net basis; fictional data; USD",
      "approved": false
    }
  ]
}