Hi @anon10525910,
This is great news!
As both accounts are to be created without funds, what the TWG intends to do is present IIPs each time we wish to transfer capital into one of these accounts.
The initial Balancer Private Pool proposal may have been ambitious 
.
We have since discussed starting with smaller sums of capital. In time, the TWG will demonstrate ability to manage capital and these account will grow to have significant AUM within them. I am looking forward to seeing the community vote on the proposal. Thank you everyone for all the help and feedback.