IRR for 2020 vintage decreases as risk free rates rise in Europe and USA
The thirteenth Global IRR Index consultation release includes 341 closed end funds across vintages from pre-2002 to 2021
IRR
IRR performance declines as market conditions weaken further
As market conditions weakened further across Europe in the fourth quarter of 2022, the IRR performance of all but the most recent vintages declined
Weak market conditions negatively impact IRRs
he youngest 2020-2022 vintage cohort in the INREV IRR Quarterly Index saw its weighted average IRRs slow in Q3
Performance slows but 2020 vintage maintains its lead position in the Q2 2022 Global IRR Quarterly Index
The performance of funds launched in 2020 slowed in Q2, with an equally weighted IRR decreasing to 14.2%, from 16.5% in Q1
Youngest vintages report modest IRRs
The youngest cohort of vehicles in the INREV IRR Quarterly Index, closing between 2020 and 2022, increased their weighted average IRR by 20 bp in Q2 to 5.2%, and their equally weighted IRR by 260 bps to 5.5%
Youngest vintage group continues recovery in the Global IRR Quarterly Index
The Q4 2021 Global IRR Index reveals funds launched in 2019 posted an average IRR of 6.8%, up from 1.5% last quarter
Younger vintages record the strongest performances in the Q4 2021 INREV IRR Quarterly Index
Funds that had the first closing between 2017 and 2019 recorded a since inception IRR of 11.0% on a pooled basis, up from 8.9% in Q3 2021
Youngest vintage posts positive results in the Q3 2021 Global IRR Index
The Q3 2021 Global IRR Index reveals that funds launched in 2019 posted an IRR of 1.5%, up from -3.8% in the previous quarter.
Younger closed end funds show improved performance in Q2 2021
Funds that had the first closing between 2017 and 2019 recorded a since inception IRR of 7.5% on a pooled basis, up from 6.6% in Q1 2021