Private Equity Fund Size CAGR Calculator for LPs
For LPs comparing how quickly a private-equity or VC manager has scaled across fund vintages.
During LP diligence, what annual fund-size growth takes a manager from $150m to $600m over eight years?
Long-term fund growth at a glance
Estimate based on the inputs shown.
How it is calculated
CAGR = (latest fund size ÷ starting fund size)^(1 ÷ years) − 1
CAGR smooths the full change into one annual compound rate; actual fundraising was likely uneven.
Read the result in context
Fund-size CAGR helps an LP compare manager growth across periods of different length. Read it alongside strategy changes, team growth, ownership targets, realized deployment capacity and the case for the proposed re-up.
Why use years instead of number of funds?
Years produces a familiar annual compound growth rate and avoids assuming equal time between vintages.
Can fund-size CAGR be negative?
Yes. If the latest fund is smaller than the starting fund, CAGR is negative.
Does CAGR show each fund’s actual growth?
No. It summarizes only the starting size, latest size and elapsed period.