Free private markets document template
Vintage-Year Allocation Plan Template
Create a multi-year private markets vintage allocation plan with annual commitments, strategy pacing, manager cadence and stress assumptions.
01
Plan objective
Foundation Investment Office will use the 2027-2031 vintage plan to build consistent exposure across market cycles and support a 22% strategic allocation.
02
Starting exposure
The program begins with $385m of NAV and $190m of unfunded commitments. Existing vintage exposure and expected realizations inform future capacity.
03
Vintage-year targets
Target commitments are $90m for 2027, $100m for 2028, $105m for 2029, $110m for 2030 and $115m for 2031. Targets are planning ranges, not spending quotas.
04
Strategy overlay
At least one venture/growth, one buyout and one diversifier commitment each year
05
Manager cadence
Plan for 4-6 commitments annually. Reserve 65% of annual capacity for high-conviction re-ups and 35% for new relationships.
06
Cash-flow assumptions
The plan assumes 20%-30% first-year calls and distributions recovering gradually from 2027. Update forecasts using actual fund drawdown and distribution patterns.
07
Stress scenario
Test annual targets under the following downside case: Distributions delayed by 24 months and calls accelerated by 15%. Reduce or sequence commitments if liquidity or allocation triggers are breached.
08
Implementation
Maintain a rolling three-year manager calendar, rank re-ups against new opportunities, and preserve capacity for secondaries or co-investments that improve vintage balance.
09
Monitoring
Review commitment volume, manager count, strategy mix, projected NAV, calls, distributions and concentration by vintage quarterly.