Quick LP Calculator
Fund Size Step-Up Calculator
See how aggressively a manager is increasing—or reducing—the size of the next fund.
How large is the step-up from a $400m prior fund to a $650m proposed fund?
Results
Fund scaling at a glance
Illustrative estimate based on the assumptions shown.
How it is calculated
Fund size change = (new fund size − previous fund size) ÷ previous fund size
Use comparable definitions, such as final closes or consistently stated targets.
What this tells you
Read the result in context
A large fund-size step-up can change check sizes, ownership targets, portfolio construction and the opportunity set. The number is a diligence prompt, not a judgment by itself.
Frequently asked questions
What is a fund size step-up?
The percentage increase or decrease from one fund size to the next.
Can the result be negative?
Yes. A smaller new fund produces a negative change and is labeled as a reduction.
Should targets and final closes be compared?
Use the most comparable figures available. Mixing a prior final close with a new aspirational hard cap can overstate actual growth.