Core Controls
Sector Headroom vs. Safety Buffer
On TargetIllustrative example :> the gap between a sector's committed capital and its allocation cap. Headroom is kept above a minimum buffer so no single sector can dominate exposure.
Project-level spread reduces single-project dependency.
Duration staggeringSpreading investment end-dates across time so maturities don't concentrate on one date.: avoids one-time maturity concentration by spreading end dates across time.