Understanding how the newest fund vintages are performing is increasingly important as capital deployed in different macroeconomic conditions begins to mature. The latest IQ blog, Post 2020 fund performance in focus, examines how the INREV IRR Index and its Analysis Tool offer deeper insights into the evolving dynamics of 2021–2024 vintage funds.
The blog highlights three key themes shaping today’s vintage analysis:
- The expanding coverage of the INREV IRR Index, with 305 funds now spanning vintages from pre‑2003 to post‑2020
- The wide dispersion of returns among post‑2020 vintages, underscoring the importance of fund selection and deployment timing
- The contrasting performance patterns across the 2021, 2022 and 2023–2024 vintages, and how the Analysis Tool supports more granular comparisons in the early years of the fund life cycle
Read the full IQ blog to explore the latest insights on post‑2020 performance and how the IRR Index is helping members assess the newest vintage cohorts.
Interested in more insights for IRR performance? View the Q4 2025 results or join the next Research and Market Info briefing on 19 March at 10:00 CET.