VC Fund Performance Benchmarking: Navigating Metrics & LP Expectations
If you're an EUVC Community Member, claim special pricing here.
Benchmarking is more than just numbers - it’s a critical tool for GPs and LPs to measure performance, position funds effectively, and align with market expectations. Join us for this 2-hour masterclass designed to demystify VC benchmarking and provide actionable insights to navigate key metrics like IRR, TVPI, DPI and PME.
Led by Joe Schorge, Managing Partner of Isomer Capital, this session will help you understand how LPs think, how benchmarks are created and - most importantly - how to use them to evaluate performance, communicate results, and position your fund confidently in the market.
Why Attend?
Practical Insights: Go beyond theory with real-world examples and actionable tips.
Expert Guidance: Learn directly from an industry leader with extensive experience.
Stay Competitive: Understand how to position your fund and outperform peers using benchmarking strategies.
Who Should Participate
This masterclass is tailored for:
General Partners (GPs): Emerging and established managers looking to position their funds and benchmark their results against peers.
Limited Partners (LPs): Institutional investors, family offices, and fund-of-funds managers assessing fund performance.
Investment Consultants & Researchers: Professionals looking to deepen their understanding of benchmarking practices.
Time Commitment
A 2-hour online session featuring:
The LP Perspective: How endowments, foundations, and pension funds measure performance.
Benchmarking Tools & Players: A deep dive into Cambridge Associates, PitchBook, and others - what they offer, their limitations and which to trust.
Interpreting the Metrics: Understand IRR, TVPI, DPI, PME, and how to apply them in real-world scenarios.
Reading Between the Lines: Addressing common pitfalls, data scarcity (especially in Europe), and how benchmarks evolve over a fund’s lifecycle.
Best Practices for Young Portfolios: Learn how to position and present fund performance effectively, even with limited realised returns.
Q&A: A chance to address your unique challenges and clarify key insights.
Key Learning Points
Unlock Key Metrics: Master IRR, TVPI, DPI, and PME to evaluate and present fund performance effectively.
LP Expectations: Gain insights into how LPs think, measure performance, and benchmark funds across sectors and strategies.
Navigate Data Scarcity: Overcome European benchmarking challenges with practical solutions.
Build Confidence for Fundraising: Present your performance in a way that resonates with LPs and drives fundraising success.
Tools & Frameworks: Learn which benchmarks to use, when to use them, and how to interpret the outputs.
Joe Schorge is the Founder and Managing Partner of Isomer Capital, a leading European VC investment firm. With decades of experience in private equity, secondaries, and venture capital, Joe brings unparalleled expertise in fund performance, benchmarking, and positioning funds for success.
David Cruz e Silva is the founder of eu.vc, Europe’s Venture Community, and an angel LP supporting European early-stage funds and their breakout companies. His unique experience and positioning are invaluable for emerging VCs and LPs navigating European VC.
Frequently asked questions
Will attendees get access to the materials and recording of the session?
All materials are made available to EUVC community members in a protected data room without download access. Attendees will be offered a 30 day trial.
Is group pricing available
Yes, contact us for more information.
Do you provide a certificate?
We provide an online certificate that you can add to LinkedIn.
What's the cancelation policy?
All sales are final. No refunds. We may review exceptional cases at our discretion, but this is rare and decided on an ad hoc basis.