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Benchmarks · Real Estate Equity

Diversified Real Estate

Multi-strategy real-estate funds with no dominant asset class. Useful baseline benchmark for comparing single-strategy funds against.

VintageAll years2020+2015–20192010–2014Pre-2010Showing 20 funds in this cohort
Sample20 funds19 with composite· 2010–2014

Score · median across 19 scored funds

Composite
43
Absolute LP Take
88
GP Timing Risk
35
Pref Quality
25
Fee Drag
28
Alignment
20

Structural design — median

Pref rate
median
7.0%
n
8
Hurdle rate
median
n
0
LP residual split
median
80.0%
n
6
GP residual split
median
20.0%
n
6
Catch-up rate
median
100.0%
n
1
GP commit
Undisclosed treated as 0% per platform policy.
median
0.0%
n
20

Feature prevalence — % of funds where present

Pref cumulative
50%
Pref compounding
38%
Has catch-up
13%
Has clawback
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