Fundraising Fox

Fund performance

Net returns for private equity and venture funds, as disclosed by public pension and foundation limited partners. Each fund links to the managing firm when we track it in our directory. Figures are the limited partner's own calculations.

7,718 fundsas of December 2025
FundManagerStrategyVintageCommittedNet IRRTVPIDPI
Warburg Pincus Capital Solutions Founder Fund, L.PWarburg Pincusspecialty finance20241.25x0.42x
Bregal Sagemount Direct Lending Series 2023 L.P.General Atlanticdirect lending20241.00x0.33x
Vista Credit Partners III, LPVista Equity Partnersdirect lending20201.26x0.32x
Vista Opportunistic Credit Fund I, LPVista Equity Partnersdirect lending20171.38x0.49x
GoldenTree Asset Management LPGoldenTree Asset Managementdirect lending1.44x
Ares Capital Europe V (D) LeveredAresdirect lending20211.38x0.32x
Ares Capital Europe VIAresdirect lending20231.19x0.28x
Ares Capital Europe VI (ACE VI)Aresdirect lending20231.17x0.07x
ARES CENTRE STREET PARTNERSHIPAresdirect lending1.04x
Ares Credit Investment Partnership (CP), L.P.Aresdirect lending20221.25x0.00x
Ares European Credit Investments VII (CP), L.P.Aresdirect lending20211.50x0.00x
Ares European Credit Investments VII (CP), L.P. -- ACE VI Co-Invest PoolAresdirect lending20231.24x0.00x
Ares Senior Credit Investment Partnership (CP) LPAresdirect lending20231.22x0.17x
Ares Senior Direct Lending Fund (Delaware) III LPAresdirect lending20241.13x0.07x
Ares Senior Direct Lending Fund IIIAresdirect lending20231.15x0.09x
Ares Senior Direct Lending IIIAresdirect lending20231.12x0.09x
Ares SME (Parallel), L.P.Aresdirect lending20221.29x0.07x
Ares SSG Capital Partners VI, LPAresdirect lending20221.27x0.42x
Domain Excelsior Fund, LPDomain Associatesdirect lending202212.49x0.00x
Salica Growth Debt Fund ISalica Investmentsdirect lending1.03x0.09x
Fortress Credit Opportunites Fund V ExpansFortress Investment Groupdirect lending20201.13x0.04x
Fortress Credit OpportunitiesFortress Investment Groupdirect lending20201.07x0.04x
Neuberger Berman High Income TrustNeuberger Bermandirect lending1.36x
Neuberger Berman Loan Advisers Holdings (Delaware), LPNeuberger Bermandirect lending20171.71x1.12x
Neuberger Berman Loan Advisers Holdings II (Delaware), LPNeuberger Bermandirect lending20201.49x0.78x
Neuberger Berman Loan Advisers Holdings IV LPNeuberger Bermandirect lending20241.01x0.10x
West Street Mezzanine Partners VIIIGoldman Sachsmezzanine20221.39x0.16x
West Street Mezzanine Partners VIII, pro rata co-investGoldman Sachsmezzanine20221.50x0.18x
Golub Capital Senior Loan FundGolub Capitaldirect lending1.08x0.06x
Golub Credit (GEMS Fund 6)Golub Capitaldirect lending1.25x0.32x
Golub Emerald Fund, LPGolub Capitaldirect lending20231.05x0.00x
Golub Sapphire Fund, LPGolub Capitaldirect lending20231.12x0.00x
Apollo Accord Fund VI, L.P.Apollodirect lending20241.07x0.00x
Apollo Accord IIApolloprivate credit20181.11x1.11x
Apollo Accord IIIApolloprivate credit20191.12x1.12x
Apollo Accord III BApolloprivate credit20201.16x1.16x
Apollo Accord IVApolloprivate credit20201.19x1.19x
Apollo Accord VApolloprivate credit20221.10x1.10x
APOLLO CENTRE ST PARTNERSHIPApollodirect lending1.22x
Apollo Excelsior Co-Invest, LPApollodirect lending20211.22x0.19x
Apollo Excelsior, LPApollodirect lending20221.15x0.44x
APOLLO IXApollodirect lending1.58x
APOLLO X CO INVESTApollodirect lending1.06x
Sixth Street Specialty Lending Europe III (A), L.P.Sixth Streetdirect lending20240.07x
ICG Exelsior SCSpIntermediate Capital Groupdirect lending20211.20x0.08x
ICG Global Total Credit FundIntermediate Capital Groupdirect lending20241.10x
ICG North American Credit Partners III, L.P.Intermediate Capital Groupdirect lending20231.00x0.10x
Owl Rock Capital Corporation III ACOwl Rock Capitaldirect lending20201.04x0.02x
Owl Rock Capital Diversified Holdings LLCOwl Rock Capitaldirect lending20210.42x0.42x
Owl Rock Diversified Lending 2020 Fund, LPOwl Rock Capitaldirect lending20211.14x0.60x
Antares Capital Senior Loan Fund IIIAntares Capitaldirect lending20241.05x0.07x
Ag Energy Credit Opportunities Fund L.P.Angelo Gordondirect lending1.24x1.22x
TPG Angelo Gordon Credit Solutions Fund III, L.P.TPGdirect lending20241.17x0.00x
TPG Twin Brook Direct Lending Fund VITPGdirect lending20250.99x
Blackrock European Middle Market Private Debt Fund IIIBlackRockdirect lending1.19x0.40x
Capital International Private Equity Fund V L.P. Private EquityCapital Groupdirect lending20070.90x0.91x
Bain Capital Beacon Roll SPV XI Private EquityBain Capitaldirect lending20251.00x1.00x
Bain Capital Beacon Roll SPV XIIBain Capitaldirect lending20250.74x0.42x
Bain Capital Credit Managed Account (Blanco), L.P.Bain Capital Creditdirect lending1.56x
Brookfield Special Investments Fund L.P.Brookfield Asset Managementdirect lending20211.58x0.68x
Dawson Partners (Empire), LPDawson Partnersdirect lending20193.49x0.05x
Bridgepoint Credit Empire SMA SCSpBridgepointdirect lending20181.71x0.86x
Palatine Growth Credit Fund IPalatinedirect lending0.81x0.00x
PIMCO Asset Based Finance Specialty FinancePIMCO Europespecialty finance20241.00x0.00x
PIMCO Asset Based Finance Specialty Finance Pro Rata Co-investPIMCO Europespecialty finance20241.00x0.00x
PIMCO Specialty Finance Income Fund Onshore Feeder, L.P.PIMCO Europespecialty finance20231.11x0.02x
B Capital Opportunities Fund II, L.P.B Capitalmezzanine20221.85x0.00x
Arcmont Direct Lending Fund IV (EUR) SLPArcmont Direct Lendingdirect lending1.10x0.55x
Avenue Sustainable Solutions Fund, LPAvenuedirect lending20201.15x0.41x
BANK DEBT SPV BOEBANK DEBT SPV BOEdirect lending1.09x
Chambers Energy Capital V, LPChambers Energydirect lending20231.04x0.14x
Colbeck Strategic Lending Fund IIColbeck Strategic Lendingdirect lending1.25x0.82x
Colbeck Strategic Lending Fund IIIColbeck Strategic Lendingdirect lending1.06x0.58x
Colbeck Strategic Lending OffshoreColbeck Strategic Lendingdirect lending1.33x0.90x
Colbeck Strategic Lending Offshore Feeder IIColbeck Strategic Lendingdirect lending1.37x0.52x
Comvest Credit Partners VIIComvest Creditdirect lending20241.06x0.08x
CRPTF-SLR Credit Partnership L.P.Crptf-Slrdirect lending20231.10x0.16x
GSC I, L.P.Gscdirect lending20241.08x0.00x
HEITMAN CREDITHeitmandirect lending20170.84x
Highbridge Mezzanine Partners IIHighbridgemezzanine1.49x1.49x
KSL Captal Partners Coto Co-Invest I, LPKSLdirect lending20211.10x0.02x
LCM Partners CO IX, SLPLcmdirect lending20231.18x0.03x
Mezzvest III FundMezzvestmezzanine1.19x1.19x
Mezzvest III Fund (GBP)Mezzvestmezzanine1.66x1.66x
New York Credit SBIC Fund II, LPNew York Lifedirect lending20220.95x0.01x
New York Credit SBIC Fund, LPNew York Lifedirect lending20143.11x3.00x
OHA Credit Solutions Fund IIOHAdirect lending20221.32x0.00x
OHA Credit Solutions Fund II (CA Parallel)OHAdirect lending20221.40x0.00x
OHA CA CUSTOMIZED CREDIT FUND, L.P. ? OHA SENIOR PRIVATE LENDING FUND (CA OLEND)OHA CA Customizeddirect lending20241.07x0.00x
OHA Senior Private Lending Fund (CA 3)OHA Senior Private Lendingdirect lending20211.43x0.00x
OHA Senior Private Lending Fund (CA 5)OHA Senior Private Lendingdirect lending20211.42x0.00x
Peak Rock IVPeakdirect lending20231.09x0.00x
Silver Point Specialty Credit II ACSilverspecialty finance20201.08x0.31x
Silver Rock Empire Fund (A), LPSilverdirect lending20220.90x0.03x
SLR Private Corporate Lending Fund IISLR Private Corporate Lendingdirect lending20221.21x0.09x
Solar Capital Debt Fund ACSolardirect lending20191.12x0.00x
Solar Capital Private Corporate Lending Fund ACSolardirect lending20191.18x0.05x
SSG Capital Parters V, LPSSGdirect lending20191.16x0.96x
Strategic Value Excelsior Fund, LPStrategicdirect lending20181.41x0.21x
TA Subordinated Debt IV, LPTA Subordinated Debtdirect lending20162.16x1.40x

Sources: public limited-partner disclosures — pension performance reports (CalPERS, CalSTRS, and other pensions), foundation Form 990-PF filings, and board materials. TVPI = total value / paid-in; DPI = distributions / paid-in. Early-vintage IRRs are interim estimates (J-curve).