LP Private Markets Concentration Calculator
For LP portfolio teams identifying the largest dependency across six private-markets concentration lenses.
Which manager, fund, vintage or strategy creates the greatest concentration in an LP’s $1bn private-markets portfolio?
Concentration profile at a glance
Estimate based on the inputs shown.
How it is calculated
Each concentration = selected exposure ÷ total private-markets NAV
The six lenses overlap and must not be added together. Every exposure must use the same NAV scope and date.
Read the result in context
A single LP diagnostic makes it easier to see whether manager, fund, vintage, geographic or strategy exposure is the dominant dependency in an institutional private-markets portfolio.
Why are the concentration measures not additive?
They are overlapping views of the same portfolio, not mutually exclusive asset buckets.
What should top-five exposure include?
Aggregate current NAV for the five largest manager relationships.
Is 50% always a breach?
No. The tool flags high dependence, but policy limits are institution-specific.