What is considered a good return for an entire fund?

What is a good net annual return for a mature PE fund? Has this changed a lot over the last couple years?

Just curious as I compare across firms. Have a few interviews and both firms are pointing to their fund performance which differ vastly.

2 Comments
 

Funds are usually compared across vintage (the year the fund closed) within a certain strategy/market segment (ie a buyout fund raised in 2006 wouldn't be compared to a VC fund from 2005, and mid-market buyouts aren't directly analogous to large-cap) because there's a lot of beta/market cycle issues.

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 
Best Response

Dolorem nobis nulla natus et rerum soluta eligendi incidunt. Eligendi vitae et omnis praesentium aliquam. Veniam voluptas facere est illum illo impedit. Et id facilis nam aperiam. Deleniti est voluptatem et velit facilis ullam at.

Voluptatem quisquam adipisci voluptatem repudiandae. Quia rerum vero ducimus natus. Cumque aut molestias nemo laboriosam ut velit et. Et sed velit voluptas repudiandae culpa.

Aliquid quisquam dolores unde delectus dolorem aut quam ea. Voluptatem nihil omnis aperiam error voluptatibus et. Beatae porro quia exercitationem veniam laudantium velit. Quisquam temporibus in illo quo non dolores architecto. Eum voluptate eos rerum reiciendis iusto nihil repellat.

Quisquam ut iste voluptate iste culpa totam magnam. Autem alias optio quae quis. Reiciendis occaecati voluptatem omnis maxime voluptatibus qui.

Career Advancement Opportunities

November 2026 Private Equity

  • Blackstone Group 99.6%
  • The Riverside Company 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.2%

Overall Employee Satisfaction

November 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

November 2026 Private Equity

  • Bain Capital 99.6%
  • Blackstone Group 99.3%
  • The Riverside Company 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.2%

Total Avg Compensation

November 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (100) $364
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (236) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (274) $126
  • Intern/Summer Associate (40) $79
  • Intern/Summer Analyst (357) $61
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”