Why it matters
Re-up rate is the cleanest measure of LP satisfaction.
Related
- LP (Limited Partner)
An investor that commits capital into a fund. Liability is limited to the commitment.
- GP (General Partner)
The manager running the fund and its strategy. Earns the management fee and carry.
- Vintage
The year a fund starts investing. Used to benchmark performance against peers raised at the same time.
Words are easy. A match is hard.
GPX turns one deal document into a ranked, briefed shortlist of the lenders and investors that actually fit — debt and equity.