News & Analysis2019-23 vintage funds have distributed 50% or less of capitalThe 2016-18 fund vintages were the last to return capital in full to investors, reaching an average DPI of 1.05x 10 years after inception.ByEvelyn Lee14 July 2026•2 mins readAfricaAsia-PacificEuropeLatin AmericaMiddle EastNorth AmericaCapital FormationData Snapshot