TVPI: The PE Metric That Flatters Every Fund Manager (And How to See Through It)
TVPI: The PE Metric That Flatters Every Fund Manager (And How to See Through It) Vista Equity Partners Fund VII is sitting at an estimated 1.3x–1.7x TVPI as of 2024. Sounds like progress. But the fund's DPI — the cash...
DPI: The Only Private Equity Metric That Shows You Real Cash
Quick take: Private equity distributions as a share of NAV collapsed from 29% in 2021 to just 9% in the first half of 2024 -- the lowest level in over a decade, according to Goldman Sachs Asset
TVPI Explained: The Private Equity Metric Every LP Needs to Understand
TL;DR: TVPI (Total Value to Paid-In Capital) measures how many dollars a private equity fund has created for every dollar you invested. A 2.0x TVPI means your capital has doubled in total value , b...
TVPI Explained: What Total Value to Paid-In Capital Actually Tells You About a Fund
TVPI Explained: What Total Value to Paid-In Capital Actually Tells You About a Fund According to the CalPERS Private Equity Program Fund Performance Review (as of September 30, 2025) , the pension'...