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Distribution Waterfalls 2024: Transparency, Technology, Trust

In today's challenging private market landscape, understanding distribution waterfalls is more crucial than ever.

Our latest report captures the key trends shaping the industry, backed by insights from 200 GPs and 200 LPs across North America, Europe, and APAC. From increasing demands for transparency to the rapid adoption of outsourcing waterfall modeling, these findings will help guide you through the complexities of today’s market.

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Overview

In the ever-evolving world of private markets, the importance of distribution waterfalls has never been greater. As we head into 2025, general partners (GPs) and limited partners (LPs) alike are confronting new challenges—and opportunities—around transparency, technology, and trust.

Key highlights from the report:

  • Transparency is the top priority for LPs

  • LPs are pushing back on waterfall provisions

  • Technology and outsourcing are critical for GPs

Are you ready to dive deeper? Download our Distribution Waterfalls 2024 report now