{
  "url": "https://classa.info/glossary/vintage-year",
  "title": "Vintage year",
  "description": "Year a fund first deploys capital — the key benchmark for performance.",
  "oneSentenceAnswer": "Year a fund first deploys capital — the key benchmark for performance.",
  "tldr": [
    "Year a fund first deploys capital — the key benchmark for performance.",
    "Class A fund returns are highly vintage-dependent: 2009–11 vintages (post-GFC) outperformed; 2020–22 vintages (cap-rate compression peak) underperformed.."
  ],
  "keyFacts": {
    "category": "Investment",
    "regionScope": "Global"
  },
  "pageType": "glossary",
  "lastUpdated": "2026-04-01T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/glossary/vintage-year), updated 2026-04-01T00:00:00.000Z."
}