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Iron Rules — Five Pillars

Public Iron Rules preview showing five governance pillars for disciplined, aligned allocation.

Diagram

TL;DR: SVG five-pillar visual of Fund A's Iron Rules: leverage ceiling, reserve objective, amended FCF/NI sizing, permanent HWM, GP co-invest.

Summary

Status as of 2026-07-27: updated preview of the pre-launch framework. The original May visual is historical; the 15% name cap was repealed on 2026-07-15. Reserve recovery under deep-cycle stress remains unresolved.

This preview shows the Iron Rules as a five-part discipline around leverage, reserves, declared FCF/NI sizing, high-water-mark accounting, and GP alignment. It is a design preview, not a live trading record.

mermaid· bucket: diagrams

Full artifact

Public governance preview rendered inline above. The parent Iron Rules page remains the canonical source for current rule wording.

Cross-referenced from

Relations

Sources

  • Founder amendment record, 2026-07-15 — 15% name cap repealed pre-launch; FCF/NI-proportional sizing adopted.
  • Founder decision record, 2026-07-27 — reserve cure remains unresolved in deep-cycle simulation.
  • Internal Hussh source note — original May five-pillars diagram, retained as historical context.