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ARTICLE · 18 FEBRUARY 2025

Institutional Limited Partners Association Releases New Reporting Standards

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On 22 January 2025, the Institutional Limited Partners Association ("ILPA") released its much anticipated updated Reporting Template and a new Performance Template...

United KingdomFinance and Banking
Tosin Adeyeri
Tosin Adeyeri
Jeremy Elmore
Jeremy Elmore
Sarah Stewart
Sarah Stewart
Will Normand
Will Normand
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Aaron Stocks
Joel Grossmark
Joel Grossmark
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Michael O'Brien Kelly
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On 22 January 2025, the Institutional Limited Partners Association ("ILPA") released its much anticipated updated Reporting Template and a new Performance Template, following extensive consultation with the industry last year. Adoption of the templates is voluntary, but investors may put pressure on sponsors to adopt these new templates. (Please see our briefing on ILPA's Quarterly Reporting Standards Initiative for information on the background to the Performance Template and the changes to the Reporting Template.)

The templates aim to enhance transparency and consistency in reporting by sponsors to their investors. They are intended to supplement the quarterly reporting by sponsors and are designed to align with a fund's accounting standards.

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