Stop comparing your software fund to an industrial fund.
Build a true peer group from 14,000+ private funds — filtered by asset class, strategy, vintage year, geography, and, uniquely, the sector of the underlying portfolio companies.
A broad buyout benchmark compares you to everyone. Which means no one.
Comparing a software-focused buyout fund to an industrials-focused buyout fund is comparing two different return profiles, growth dynamics, and exit cycles.
✕ Generic Benchmarks
Groups software funds with energy funds into one misleading number
Vintage year is the only segmentation available
LP meetings get awkward when a broad benchmark misrepresents the fund
No visibility into which funds are actually in the comparison
✓ Joe Custom Benchmarks
Filters by portfolio company sector, so peers actually invest in similar businesses
Metrics investment committees and LPs actually use.
IRR
Net Return, Quartile-Ranked
TVPI
Total Value to Paid-In
DPI
Distributions to Paid-In
RVPI
Residual Value to Paid-In
PME
Public Market Equivalent
Quartile
Peer Group Rank
Called %
J-Curve Context
Built for both sides of the table.
For GPs — Fund Managers & IR Teams
Build peer groups that reflect what the fund actually does
Show LPs exactly which funds are in the peer group and why
Support annual report and ILPA reporting with defensible comparisons
Strengthen fundraising conversations with a peer group LPs respect
For LPs — Investment Teams & Allocators
Evaluate GP performance claims independent of the GP's own benchmark
Build your own peer groups with your own filter criteria
Identify which GPs are genuinely top-quartile vs. benefiting from a broad peer group
Support re-up decisions with sector-appropriate context
The Feature No Other Benchmarking Tool Has
Every other benchmarking product filters by asset class, strategy, and vintage year. None of them filter by the type of company the fund actually invests in. Joe is the only platform that adds portfolio company sector filtering to peer group construction — a benchmark that reflects what a fund actually does, not just what category it's filed under.
Transparent, reviewable peer groups.
Every filter criterion used to construct a peer group is visible to LPs and investment committees, so they can evaluate whether the comparison is appropriate — not accept or reject a black-box number.
