IRR
+11.5%
Multiple
1.42x
DPI
0.30x
Size
$17.5B
Vintage
2019
RETURN GRADE:MEDIOCRE
MARK VS PUBLIC MARKET
How does the GP's self-reported return compare to simply buying the S&P 500 at the same vintage?
Advent GPE IX
+11.5% IRR
~+114% total return over 7 yrs
S&P 500 (2019 vintage)
+110%
Total return, 2019 to present
VERDICT: GP marks outpace the S&P 500 by ~4pp. But DPI is low — returns exist only on paper until realized.
Notes
Global private equity. Strong European and LatAm positions. Above-median returns for vintage. Business services focus.
ALL RETURNS ARE SELF-REPORTED BY GP MARKS — NOT AUDITED, NOT MARK-TO-MARKET