Capital raising
Begin raise planning early and optimize for durability over speed.
Scope: Fundraising launch timing, process pacing, and minimum term quality.
Do now: Prepare raise materials and launch planning early to preserve process control.
Pause if: Pause acceleration if market risk appetite falls below 44 or cash availability tightens above 76.
Re-open when: Resume full process when market risk appetite is above 54 and cash availability eases below 66.