IRR
-2.29%
Multiple
1.00x
DPI
0.04x
Size
$20B
Vintage
2021
RETURN GRADE:UNDERWATERLOW DISTRIBUTIONS
MARK VS PUBLIC MARKET
How does the GP's self-reported return compare to simply buying the S&P 500 at the same vintage?
Insight Partners Fund XII
-2.29% IRR
~-11% total return over 5 yrs
S&P 500 (2021 vintage)
+5%
Total return, 2021 to present
VERDICT: GP marks trail the S&P 500 by ~16pp. LPs paid 2/20 for underperformance.
Notes
Deployed Feb 2021, closed Feb 2022. Worst possible timing. PitchBook showed -21.51% at one point.
ALL RETURNS ARE SELF-REPORTED BY GP MARKS — NOT AUDITED, NOT MARK-TO-MARKET