About the Template Development

Quarterly Reporting Standards Initiative (QRSI)

In 2024, ILPA launched the Quarterly Reporting Standards Initiative (QRSI), a collaborative, industry-wide effort, to develop the next evolution of quarterly reporting standards to serve the needs of our changing industry.

The QRSI engaged a Steering Committee, working groups, and satellite groups for ongoing input, held a 10-week public comment period, and facilitated targeted discussions with organizations and groups across global LPs, GPs, Fund of Funds, among others, to strengthen the final design of the templates. By working collaboratively across the industry, ILPA sought to surface the complex issues and differing reporting practices to be considered in crafting solutions to standardization that would ensure the widest adoption possible around the globe and throughout the PE industry.

The updated ILPA Reporting Template was released in January 2025, alongside the introduction of a new ILPA Performance Template.

QRSI Steering Committee

LPs
CalPERS
CDPQ
Commonwealth of Pennsylvania Public School
State of Wisconsin Investment Board
Teacher Retirement System of Texas

GPs
Cerberus
Searchlight Capital Partners
Vista Equity Partners

Fund of Funds
Asia Alternatives

Fund Administrators
CSC
State Street

Reporting Template Working Group

LPs
AP6
Mass Prim
State of Wisconsin Investment Board
Teacher Retirement System of Texas

GPs
Certares
Reverence Capital

Fund Administrators
Citco
Gen II
SEI
SS&C
State Street

Consultants
Albourne
Colmore

Performance Template Working Group

LPs
Commonwealth of Pennsylvania Public School Employees Retirement System
M&G
Temasek
Washington State Investment Board

GPs
Certares
Oaktree Capital Management
Searchlight Capital Partners
Vista Equity Partners

Fund Administrators
CSC
Gen II
State Street

Consultants
ACA
Albourne
Cambridge Associates

For questions on the updated Reporting Template or the new Performance Template, please contact templatesupport@ilpa.org.

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