FeaturedDeep Dive: The performance metric that has become ‘top of mind’Pressure for payouts mounts as many 2020- and 2021-vintage funds continue to generate little to no distributions.ByHarrison Connery5 October 2025•8 mins readFeaturedInvestorsManagersAsia-PacificEuropeNorth AmericaPension FundPEI Group DataDeep Dive