Free private markets document template
Scenario Planning Report Template
Create a private markets scenario planning report covering base, downside and upside cases, NAV, liquidity, pacing, concentration, manager outcomes and action triggers.
01
Executive summary
This report assesses the resilience of the private markets program under base, downside and upside market scenarios.
02
Base case
Moderate economic growth, gradual distribution recovery and NAV growth in line with current underwriting assumptions.
03
Downside case
Two-year realization delay, 15% NAV markdown in growth assets and 25% higher capital calls than base case.
04
Upside case
Improved exit markets, accelerated distributions and higher secondary pricing for mature interests.
06
Liquidity implications
Stressed call coverage remains above 1.7x but narrows materially in year two without pacing adjustment.
07
Pacing response
Reduce new commitments by 20% in downside, preserve priority re-ups and defer lower-conviction new relationships.
08
Concentration implications
Growth and 2021-2022 vintages become more concentrated as public markets reprice faster than private NAV.
09
Manager outcomes
Prioritize managers with strong DPI, resilient cash flows and transparent valuation practices.
10
Decision triggers
Escalate when call coverage falls below 1.5x, unfunded-to-liquid-assets exceeds policy or NAV marks lag public comparables.
11
Recommended actions
Update liquidity forecast monthly, maintain secondary options, refresh valuation challenge process and stage commitments.
12
Recommendation
Adopt the downside pacing and liquidity actions as the operating contingency plan.