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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 150 funds in this cohort
Sample150 funds70 with composite· 2015–2019

Score · median across 70 scored funds

Composite
52
Absolute LP Take
92
GP Timing Risk
35
Pref Quality
35
Fee Drag
0
Alignment
20

Structural design — median

Pref rate
median
8.2%
n
80
Hurdle rate
median
16.3%
n
4
LP residual split
median
80.0%
n
16
GP residual split
median
20.0%
n
16
Catch-up rate
median
60.0%
n
2
GP commit
Undisclosed treated as 0% per platform policy.
median
0.0%
n
150

Feature prevalence — % of funds where present

Pref cumulative
11%
Pref compounding
18%
Has catch-up
5%
Has clawback
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