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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 61 funds in this cohort
Sample61 funds27 with composite· 2020+

Score · median across 27 scored funds

Composite
40
Absolute LP Take
95
GP Timing Risk
25
Pref Quality
35
Fee Drag
0
Alignment
20

Structural design — median

Pref rate
median
75.0%
n
21
Hurdle rate
median
12.5%
n
3
LP residual split
median
93.0%
n
9
GP residual split
median
7.0%
n
9
Catch-up rate
median
n
0
GP commit
Undisclosed treated as 0% per platform policy.
median
0.0%
n
61

Feature prevalence — % of funds where present

Pref cumulative
14%
Pref compounding
5%
Has catch-up
8%
Has clawback
100%
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