The ILPA Performance Template was developed to standardize return calculation methodologies in the private equity industry by creating a framework for capturing performance metrics and corresponding contributions/distributions. Two versions of the Performance Template exist. Both display the same fund and portfolio level performance metrics and cash flow data; however, the calculation methodology by which a user can calculate fund-level gross performance differs. GPs should select the Performance Template that most closely aligns with how they call capital.
An updated version of the template (v. 1.1) was released in April 2025 to reflect two new Marketing Rule FAQs published by the U.S. SEC in March 2025 and a change to the transaction type mapping on the Granular and Gross Up templates.
Learn more at ilpa.org/performancetemplate.
