ILPA has released key findings from its Inaugural Limited Partner Sentiment Survey, fielded late last year among Heads of Private Equity at ILPA member organizations.

While the needs, experiences and priorities of our member LPs are varied, a story did emerge.

• LPs are indicating stability with allocations at target and returns as expected, but many are signaling changes ahead.
• In addition to planning an increase to their PE policy target, many are shaking up their manager rosters and commitment sizes and turning an eye towards the middle market.
• Co-investments remain popular due to low fees and great returns.
• LPs will do more with less as teams are projected to remain fairly lean.
• With this potential for movement on the horizon, there is an opportunity to strengthen LP/GP alignment and transparency, though LPs are already reporting some strides in communications and reporting.

ILPA will provide additional content and commentary around the findings in the months ahead.

Get the Inaugural Limited Partner Sentiment Survey Data Deck