Private Equity Fund Performance Calculator for LPs
For institutional LP monitoring of realized and unrealized private-equity fund performance.
For an LP, how do $60m of distributions and $90m of NAV reconcile against $100m of paid-in capital?
Fund performance at a glance
Estimate based on the inputs shown.
How it is calculated
TVPI = DPI + RVPI = (distributions + remaining NAV) ÷ paid-in capital
Realization share uses distributions divided by total value; it is not the same as DPI.
Read the result in context
These ILPA-style private-equity fund metrics use the same paid-in-capital denominator. For an LP, DPI shows realized distributions, RVPI shows residual value and TVPI combines both reported sources of value.
How do you calculate DPI, RVPI and TVPI?
DPI equals distributions divided by paid-in capital. RVPI equals remaining NAV divided by paid-in capital. TVPI equals DPI plus RVPI.
What is total value to paid-in capital?
Total value to paid-in capital is TVPI: cumulative distributions plus remaining NAV, divided by paid-in capital.
What is the difference between TVPI and DPI?
DPI includes realized distributions only. TVPI includes those distributions plus the fund’s remaining NAV through RVPI.