A professional, LP-ready quarterly report template with every section your investors expect. Fill in the blanks, export to PDF, and look like a Fund III manager on your Fund I.
What's in the template
Fund Overview
Fund name, vintage year, strategy, fund size, deployment status, and key terms summary.
Performance Metrics
IRR (gross & net), MOIC, TVPI, DPI, RVPI — with comparison to prior quarter and relevant benchmarks.
Portfolio Company Updates
Per-company status table with investment amount, current valuation, MOIC, key milestones, and risk flags.
Capital Account Summary
Total commitments, capital called to date, unfunded commitments, distributions, and net asset value per LP.
Market Commentary
Macro environment, sector-specific trends, valuation observations, and how they affect your portfolio positioning.
Key Activities This Quarter
New investments, follow-ons, exits, markups/markdowns, and notable portfolio company events.
Outlook & Strategy
Pipeline commentary, deployment pace, upcoming milestones, and strategic priorities for the next quarter.
Because most first-time GPs wing their LP updates
Your LPs gave you millions of dollars. They deserve to know what's happening with it. But most emerging managers either send too little (“Things are going well!”) or too much (a 30-page data dump nobody reads). This template strikes the right balance — institutional enough to satisfy sophisticated LPs, concise enough that they actually read it.
We built this template after reviewing quarterly reports from 50+ emerging managers and talking to dozens of LPs about what they actually want to see. The result is a format that covers every base without the bloat.
What LPs actually care about
“I don't need a novel. Give me the performance numbers, tell me which companies are up and which are struggling, and share your honest market perspective. If you can do that clearly every quarter, you're already better than 80% of the GPs I'm invested in.”
Template includes
Best practices built in
Free download
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Or skip the template entirely
Connect your portfolio data once. Every quarter, Archstone pulls your metrics, generates a professional LP report, and lets you review and send — in minutes, not days.
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