Free private markets document generator

Private Markets Program Objectives & KPI Framework

Create a private markets program objectives and KPI framework covering return, pacing, liquidity, diversification, manager quality, operations, reporting and governance. Turn private markets strategy into measurable program objectives, indicators and review cadence.

Open the interactive Program Objectives & KPIs

What this generator covers

  1. Framework purpose
  2. Return objective
  3. Allocation objective
  4. Liquidity objective
  5. Performance KPIs
  6. Pacing & deployment KPIs
  7. Diversification KPIs
  8. Manager-quality KPIs
  9. Operations KPIs
  10. Reporting KPIs
  11. Review cadence
  12. Actions & accountability

Inputs used by the document

  • Objectives: Institution, Framework purpose, Return objective, Allocation objective, Liquidity objective
  • Key performance indicators: Performance KPIs, Pacing & deployment KPIs, Diversification KPIs, Manager-quality KPIs
  • Operating KPIs & review: Operations KPIs, Reporting KPIs, Review cadence, Actions & accountability

01

Framework purpose

This framework defines the objectives and key performance indicators used to manage the private markets program.

02

Return objective

Achieve CPI + 5% net over rolling ten-year periods through a diversified private markets program.

03

Allocation objective

Maintain a 15% strategic allocation while staying within approved pacing and liquidity constraints.

04

Liquidity objective

Maintain at least 1.75x stressed capital-call coverage and avoid forced sales to fund commitments.

05

Performance KPIs

Net IRR, TVPI, DPI, RVPI, PME, benchmark quartile and realized versus unrealized value.

06

Pacing & deployment KPIs

Annual commitments versus plan, unfunded commitments, vintage-year allocation and time to deploy approved pacing.

07

Diversification KPIs

Manager, fund, strategy, geography and vintage concentrations against policy limits.

08

Manager-quality KPIs

Reference outcomes, reporting timeliness, key-person events, valuation transparency and co-investment allocation quality.

09

Operations KPIs

Capital-call accuracy, reconciliation timeliness, data completeness, valuation-review completion and audit exceptions.

10

Reporting KPIs

Quarterly dashboard issuance, Committee reporting timeliness, material-issue escalation and annual policy review completion.

11

Review cadence

Staff reviews monthly; the Investment Committee reviews quarterly; objectives and KPI thresholds are refreshed annually.

12

Actions & accountability

Assign an owner and remediation plan to each breached KPI; escalate persistent exceptions to the CIO and Committee.

How to use this document generator

Review the example assumptions, replace them with information from your own investment process, and check every statement against the governing documents and source data. The interactive version updates the draft immediately and can export it to Word or PDF without a login.

Template transparency

Draft status

This template creates an editable first draft. Review every statement against source data and governing documents.

Privacy and export

Inputs stay in your browser. Word and PDF exports are created locally and this page does not store your document.

Scope

This is a practical starting point, not legal, tax, or investment advice.

Template 1.0 · Reviewed 13 August 2026