IRR
+8.2%
Multiple
1.28x
DPI
0.15x
Size
$12B
Vintage
2020
RETURN GRADE:MEDIOCRELOW 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?
Leonard Green VII
+8.2% IRR
~+60% total return over 6 yrs
S&P 500 (2020 vintage)
+65%
Total return, 2020 to present
VERDICT: GP marks trail the S&P 500 by ~5pp. LPs paid 2/20 for underperformance.
Notes
Consumer and services focus. Whole Foods predecessor fund strong. Recent vintages facing consumer headwinds.
ALL RETURNS ARE SELF-REPORTED BY GP MARKS — NOT AUDITED, NOT MARK-TO-MARKET