Model and stress-test the return profile of your venture capital fund
Limited Partners invest in venture funds to earn returns that outperform public markets. The VC Fund LP Returns Worksheet gives fund managers a practical way to model the expected return profile of their fund — from gross and net IRR to TVPI and DPI — based on realistic assumptions about portfolio construction, ownership, and exit outcomes.
Adjust the inputs to reflect your fund's strategy, check size, follow-on reserves, and expected exit valuations. The worksheet translates those assumptions into a clear picture of how returns flow back to your LPs after fees and carry.
Use it to pressure-test your portfolio assumptions, prepare for LP conversations, and ensure your fund's return story is backed by numbers that hold up under scrutiny.
Model your fund's gross and net LP returns across portfolio scenarios. Enter your fund parameters, portfolio outcomes, and see IRR, TVPI, and DPI instantly. Use this free tool to test the effectiveness of your investment strategy towards your LPs.