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VC Vintage Performance Explorer

Representative cohort benchmark estimates of net IRR, TVPI (total value to paid-in capital), and DPI (distributions to paid-in capital) for 50 named venture, growth-equity, and tech-buyout funds. Numbers are compiled from the publicly-known range of disclosures by US state pension PE quarterlies, university endowment annual reports, and registered IPO filings — directionally accurate against the cohort, but not verbatim transcriptions of any specific filing. Use for cohort benchmarking; verify against the underlying LP filing before any decision rides on a specific number. For mandate-fit deal flow and co-investment discovery against your firm's stage / sector / check-size mandate, upgrade to Co-Invest & Secondary Discovery.

Manager / Fund Strategy Vintage Size ($M) TVPI DPI Net IRR As of
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About the data — read this before drawing conclusions

Nature of the dataset — Every fund name and vintage in this database corresponds to a real fund. The IRR / TVPI / DPI figures shown are representative cohort benchmark estimates, compiled from the publicly-known range of disclosures by:

  • US state pension fund quarterly PE reports (CalPERS, CalSTRS, PSERS, Texas Teachers, WSIB, Oregon PERS, NJ Division of Investment)
  • University endowment annual reports (Yale, MIT, Stanford, Princeton)
  • UC Regents PE disclosure
  • Registered IPO prospectuses that reference an underlying LP commitment

The numbers are directionally accurate against what the public-disclosure range suggests for each fund — but they are not verbatim transcriptions of any specific filing. Where a literal value from a specific filing differs, the actual disclosed value supersedes what is shown here. This dataset is intended for cohort-level benchmarking (e.g. "where does this fund sit relative to vintage-2020 multi-stage venture peers"), not for verbatim-quotable individual-fund performance reporting.

Important caveats — every fund-level figure on this page should be read with these in mind:

  • All figures are net of fees (LP net IRR). Gross IRR figures are not comparable across funds.
  • Self-reported NAV is the denominator in unrealized portions of TVPI. Mark-to-market discipline varies materially by manager.
  • Vintage = year of first close. Funds with vintage within the last 5 years are immature; IRR is heavily influenced by reporting conventions, not realized exits.
  • Pre-2018 funds disclose more reliably than 2020+ funds because more of the portfolio has resolved.
  • Disclosed performance lags reality — most reports are as-of 1-2 quarters before publication.
  • Inclusion is for educational benchmarking only — not an endorsement of any GP, fund, or strategy.
  • Verify any number that materially affects an investment decision against the underlying LP filing directly.

Quartile strip — Computes the median, 75th-percentile (top-quartile), and 25th-percentile (bottom-quartile) net IRR across the currently-filtered set. Use these as cohort benchmarks rather than absolute thresholds.