Hi everyone, I have been using Tactyc for years and make and make efforts to keep it as up to date as possible. I recently spent a lot of time updating all the current and projected performance for our portfolio companies. However, there is a really big difference in the IRR between what is shown in Tactyc vs. what is shown in Decile Hub. Can someone shed some light on what the inputs in Decile Hub are and why there might be such a massive difference between what's in Tactyc for IRR? The rest of the numbers (RVPI, MOIC, etc. are pretty close)
4 replies
IRR discrepancies between Tactyc and Decile Hub could arise from differences in how each platform records contributions, distributions, and accrued income or expenses. IRR in Decile Hub considers these factors at the time of their recording, which can affect short-term IRR, especially if larger expenses are accrued. Ensure both platforms use consistent data inputs and timeframes to minimize discrepancies.
Which one would you consider to be the most accurate?
Hi Genevieve, I don’t know how Tactyc calculates their IRR. I can verify that our calculation has been vetted intensely by several of our most discerning managers. I’ve seen time zones, rounding, pps resolution, and more, change it. So, there is a reasonable probability that it will be different between the two platforms.
Tactyc is an estimation tool and likely does not have the level of detail that Hub had as the system of record. We track things pretty meticulously and are constantly double checking the logic manually to produce LP reports. I would guess that there is an error or other issue that Travis brought up with Tactyc.
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