LP Reporting Dashboard

This guide explains how to build an LP reporting dashboard for funds, VC, PE and family offices in Model Reef.

You will:

• Design a consistent LP reporting pack using dashboards and reports.

• Combine portfolio company and fund level metrics in one view.

• Track commitments, calls, distributions and residual value over time.

• Use scenarios to show base, downside and upside portfolios.

Model Reef does not generate legal statements or audited reports. It provides a flexible analytical dashboard environment for LP communications and internal use.

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When to use this pattern

Use this pattern when:

• You want to improve LP communication with clearer visuals and scenarios.

• You manage multiple funds or sleeves and want standardised reporting.

• IC, board and LP packs should all be based on one modelling environment.

• You need quick updates when portfolio or fund assumptions change.

It builds on:

• Portfolio Company Forecasting

• Fund Cash Flow (Capital Calls and Distributions)

• IRR MOIC and Waterfall Models

• Build a Multi Scenario Valuation Pack

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Architecture overview

LP reporting dashboards use:

1

Data inputs

• Portfolio company model outputs.

• Fund level cashflow and valuation outputs.

• Commitment and contribution data.

2

Dashboards and reports

• High level summary dashboards.

• Detailed portfolio and company views.

• Fund cash, commitment and distribution charts.

3

Scenarios

• Base, downside and upside cases.

• Strategy or macro based scenarios.

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Step 1: Decide on the LP reporting framework

Define a standard LP pack structure, for example:

• Fund overview and key metrics.

• Portfolio composition and performance.

• Top holdings and case studies.

• Cash, commitments and distributions.

• Scenario outlook for the remainder of the fund life.

Translate this into required charts, tables and KPIs such as:

• Commitments, contributed capital, distributed capital and residual NAV.

• DPI, RVPI and TVPI where calculated.

• Top 10 holdings by value or contribution.

• Sector, geography and stage breakdowns.

• Fund IRR and money multiple.

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Step 2: Prepare portfolio and fund level series

From portfolio company and fund models, ensure you have series for:

• Company level valuations and cashflows.

• Fund level cashflows, IRR and multiples.

• Sector, stage and geography tags per company.

• Commitments, contributions and distributions.

You can either:

• Keep these series in a dedicated Portfolio model, or

• Import them into a separate Reporting model that only handles dashboards and reports.

Ensure that naming and categorisation is consistent across funds and vintages.

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Step 3: Build LP summary dashboards

Create one or more dashboards for LPs, for example:

• Fund Summary dashboard with:

  • Committed, contributed, distributed and residual value.

  • Fund IRR and multiple.

  • Cash and undrawn commitments over time.

• Portfolio dashboard with:

  • Holdings by sector and geography.

  • Top holdings table with key metrics.

  • Value bridge from cost to current value.

• Cash and Distribution dashboard with:

  • Capital calls and distributions by period.

  • Cumulative calls and distributions.

  • Projections under base and downside portfolios.

Use clear, consistent labelling and avoid unnecessary complexity.

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Step 4: Add company and deal drilldowns

Provide drilldown paths from LP dashboards to:

• Company level models and dashboards where appropriate.

• Deal level IRR and MOIC, or at least summary metrics.

• Notes and qualitative commentary on key holdings.

You might provide:

• Read only links for LPs if internal policies allow.

• Internal only drilldowns for IC and board use, with LP packs exported as PDF or images.

Keep a clear separation between internal detail and external appropriate transparency.

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Step 5: Layer in scenarios and outlook views

Use scenarios to present:

• Base Case portfolio, consistent with current plans.

• Downside Case, showing resilience under stress.

• Upside Case, showing potential if strategy and markets perform well.

On LP dashboards, include scenario toggles or separate charts showing:

• Projected fund value and distributions under each scenario.

• Scenario based IRR and multiple ranges.

• Commentary on drivers (for example exit timing, valuation multiples, growth).

This helps LPs understand not just a single point estimate but a range of possible outcomes.

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Step 6: Use exports for formal reporting

For formal LP reporting, you can:

• Export dashboards and reports as PDF.

• Export tables as CSV for inclusion in other documents.

• Use images from dashboards in slide decks or written reports.

Ensure that exported packs clearly identify:

• As of date.

• Scenario used (for example Base Case as at quarter end).

• Any major modelling assumptions or caveats.

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Check your work

• LP dashboards align with LP documentation and side letters where relevant.

• Reported metrics match audited or official figures for current and historical periods.

• Scenario views are clearly labelled and not confused with official valuations.

• Packs are easy for non modelling specialists to read.

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Troubleshooting

LPs find the dashboards confusing

Simplify layouts, reduce chart and table count on the main pages and push detail into drilldowns or appendices.

Metrics differ from fund administrator reports

Reconcile model inputs with official records and decide whether you are showing official figures or internal estimates, clearly labelled.

Hard to update packs across multiple funds

Use consistent templates and a shared Reporting or Portfolio model pattern, so that adding a new fund reuses most of the dashboard logic.

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Related guides

• Dashboards & Reporting

• Build an Inventory Timing Model

• Stock ticker fundamentals: What It Does

• Scenario Toggle Behaviour