Home / Glossary / Re-up

Re-up

An existing investor committing to a manager's next fund. A high re-up rate is among the most credible signals available to new investors.

Re-up — An existing investor committing to a manager's next fund. A high re-up rate is among the most credible signals available to new investors.

Re-up rate is one of the most heavily checked signals in institutional diligence precisely because existing investors have the most direct information about a manager — a new LP calling references specifically asks about this figure, and a low one demands an explanation no manager wants to give.

Frequently asked questions

What is considered a good re-up rate?

There's no fixed benchmark, but a high proportion of existing LPs committing again is treated as one of the most credible signals available to a new investor evaluating the next fund.

How can a manager improve re-up rates?

Primarily through consistent, honest reporting and communication through both good and difficult periods — investor relations quality between funds shapes re-up decisions as much as investment performance.

Nothing on this page is legal, tax, or investment advice. SeRuM is not a registered broker-dealer, not a placement agent, and not an investment adviser.

Next step

Tell us what you're raising.

Entity type, target size, timeline. That's enough for us to tell you quickly whether we can help — and to say so plainly if we can't.

Get in touch See how we work