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
AllPrivate equityPrivate creditReal assetsOpportunistic
FundManagerStrategyVintageCommittedNet IRRTVPIDPI
Hg Capital 7CHg Capitalbuyout——17.4%2.15x2.05x
BR/ERB Co-Investment Fund II, L.P. 2017 SerieBR Capitalco investment2017—17.4%2.09x0.75x
Hamilton Lane Venture Capital Fund, L.P. (Series 2017)Hamilton Laneventure capital2017—17.4%2.05x0.12x
Permira VIII 1 SCSpPermirabuyout2023—17.4%1.26x0.03x
Lone Star Fund VIII (U.S.), L.P. 3Lone Star Japan Acquisitionsbuyout2013—17.3%1.27x0.74x
Charlesbank Capital X OverageCharlesbank Capital Partnersbuyout2021—17.3%1.43x0.71x
Berkshire Fund VIIBerkshirebuyout2006—17.3%2.10x2.10x
NYCFPF - 2015 Emerging Manager Program5NYCFPF - 2015 Emerging Manager Program5buyout2015—17.3%1.87x0.59x
RCP Fund IX LPRCPbuyout2014—17.3%2.16x1.29x
TowerBrook Investors IV (Onshore), L.P.TowerBrookbuyout2013—17.3%2.05x1.38x
Court Square Capital Partners IV, L.P.Court Square Capital Partnersbuyout2018—17.3%1.60x0.72x
NYCFPF 2015 Emerging Manager Program⁵NYCFPF - 2015 Emerging Manager Program5fund of funds2015—17.3%1.87x0.59x
Hamilton Lane Private Equity Fund IX L.P.Hamilton Lanebuyout2016—17.3%1.40x—
Cinven Sixth FundCinvenbuyout2017—17.2%2.00x1.51x
TowerBrook Investors IV LPTowerBrookbuyout2013—17.2%2.10x1.71x
Updata Partners VI, L.P.Updata Partnersbuyout2020—17.2%1.89x0.70x
Fisher Lynch Co-Investment Partnership II, L.P.Fisher Lynch Capitalco investment2011—17.2%2.30x1.90x
General Catalyst XI - IgnitionGeneral Catalystventure capital2021—17.2%1.57x—
TPG Capital VIIITPGbuyout2018—17.2%1.54x0.43x
CVC European Equity Partners IV (D) L.P.CVCbuyout2005—17.2%1.79x1.79x
Denham Energy Resources Fund II LPDenham Capitalbuyout2022—17.2%1.35x0.31x
Apax IX USD, L.P.Apaxbuyout2016—17.2%1.89x1.47x
Riverside Capital Appreciation FundThe Riverside Companybuyout2003—17.2%1.95x1.95x
Sixth Cinven FundCinvenbuyout2016—17.2%2.00x1.49x
Stride Consumer Fund I LPStride Consumer Partnersbuyout2021—17.2%1.45x0.03x
Veritas Capital Fund VVeritas Capitalbuyout2015—17.2%2.55x2.08x
Veritas VVeritas Capitalbuyout2015—17.2%2.56x2.08x
Cinven FundCinvenbuyout1996—17.2%1.70x1.68x
Co-Investment Fund III 2014Coco investment2014—17.2%2.51x1.66x
Charlesbank Capital XCharlesbank Capital Partnersbuyout2021—17.1%1.38x0.22x
Greenleaf Co-Invest Partners, L.P.Greenco investment2021—17.1%1.68x0.02x
Adams Street Co-Investment Fund III AAdams Street Partnersco investment2014—17.1%2.50x1.76x
DCM VI, L.P.DCMventure capital2008—17.1%1.63x1.63x
CenterGate Capital Partners ICenterGatebuyout2015—17.1%1.72x1.02x
Levine Leichtman VLevine Leichtmanbuyout2013—17.1%1.93x1.91x
Spark Capital VIISparkventure capital2021—17.1%1.40x—
Strategic Partners IXStrategicsecondaries2022—17.1%1.29x0.14x
Brentwood Associates Private Equity VIBrentwood Associatesbuyout2017—17.1%1.61x0.64x
Project Plank—buyout2022—17.1%1.74x0.10x
New York/Fairview Emerging Managers (Tranche B), L.P.Fairview Capital Partnersbuyout2008—17.1%2.58x2.21x
Beecken Petty O'Keefe Fund IV, L.P.BPOCbuyout2013—17.0%1.84x1.81x
Green Equity Investors VIII Coinvest NGreenbuyout2020—17.0%1.81x0.37x
Nautic Partners VNautic Partnersbuyout2000—17.0%2.08x2.08x
Pollen Street Capital IV, L.PPollen Street Capitalbuyout2020—17.0%1.43x0.36x
StepStone Capital Partners IV, L.P.Stepstone Groupbuyout2018—17.0%2.06x0.69x
New York/Fairview Emerging Managers Fund, L.P.-Tranche 1Fairview Capital Partnersbuyout2004—17.0%2.59x2.19x
1315 Capital Fund1315 Capitalventure capital2015—17.0%2.14x1.18x
Green Equity Investors VIIGreenbuyout2017—17.0%1.89x1.54x
Aquiline Oregon Co-Investment FundAquiline Oregon Co‐co investment2019—17.0%2.02x0.54x
Cerberus CP Partners LPCerberusbuyout2013—17.0%2.32x1.63x
Heartwood Partners IIIHeartwoodbuyout2017—17.0%1.69x1.69x
Green Equity Investors VIII Coinvest NLeonard Greenprivate equity2020—17.0%1.81x0.37x
Project Gaucho (Rincon)Project Gaucho (Rincon)venture capital2014—17.0%3.64x0.98x
The Resolute Fund, L.P.Resolutebuyout2002—17.0%2.54x2.54x
Kohlberg Investors IX, L.P.Kohlberg Investorsbuyout2020—16.9%1.67x0.18x
Accel-KKR Capital Partners CV III, L.P.Accel-KKRbuyout2018—16.9%2.12x2.12x
Vensana Capital I, L.P.Vensana Capitalbuyout2018—16.9%1.53x0.57x
Warburg Pincus Global Growth XIVWarburg Pincusgrowth equity2022—16.9%1.31x0.13x
Ampersand 2006Ampersandbuyout2006—16.9%3.12x3.12x
Menlo Ventures XIV, L.P.Menloventure capital2017—16.9%2.30x0.33x
Charterhouse AcrostoneCharterhouse Capital Partnersbuyout2018—16.9%—1.60x
Fifth Cinven FundFifth Cinvenbuyout2012—16.9%1.64x1.45x
HSRE-Centre Street Core Co-InvestmentHarrison Streetco investment2019—16.9%1.40x0.07x
Pathway SBCERA MCAPathway Capital Managementfund of funds2014—16.9%—2.43x
Cinven Fifth Fund, L.P.Cinvenbuyout2012—16.9%1.60x1.45x
Drive Capital Fund IIIDrive Capitalventure capital2019—16.8%1.78x0.90x
Nautic Partners VINautic Partnersbuyout2007—16.8%2.38x2.38x
KKR Non-FundKKRbuyout1985—16.8%3.40x3.40x
Longitude Venture Partners IIILongitude Capitalventure capital2016—16.8%1.68x0.96x
New York/Fairview Emerging Managers Fund, L.P.-Tranche 2Fairview Capital Partnersbuyout2008—16.8%2.56x2.19x
EQT Ventures IIIEQTventure capital2022—16.8%1.30x—
Newbridge Asia IV, L.P.Newbridge Asiabuyout2005—16.8%2.12x2.12x
Project Mobile CommProject Mobile Commbuyout2013—16.8%2.31x2.31x
RCP Fund VII LPRCPbuyout2009—16.8%2.07x2.06x
Bain Capital Europe Ill, L.P.Bain Capitalprivate equity2007—16.8%—1.07x
Crestview Partners IV (Co-Investment), L.P.Crestview Partnersbuyout2019—16.8%1.30x0.45x
Granite Global Ventures Ill, L P—private equity2006—16.8%2.19x1.43x
Freeman CT Horizon Investment Fund, LLCFreeman CT Horizonbuyout2019—16.8%1.60x0.30x
Crestview Partners IV (FF), L.P.Crestview Partnersbuyout2019—16.8%1.30x0.45x
Pantheon Global Secondary Fund VIPantheon Venturessecondaries2020—16.8%1.77x0.72x
Goldman Sachs - Private EquityGoldman Sachsbuyout2008—16.7%——
BVP Forge Institutional A, L.P.Bessemer Venture Partnersventure capital2023—16.7%1.29x0.00x
KKR 1993 FundKohlberg Kravis Robertssecondaries1993—16.7%1.66x1.66x
Warburg Pincus Financial Sector, L.P.Warburg Pincusgrowth equity2018—16.7%2.06x1.14x
Thoma Bravo Special Opportunities Fund Il LPThoma Bravobuyout2015—16.7%2.21x1.19x
CVC European Equity Partners V-A LPCVCbuyout2008—16.7%1.99x1.97x
CVC European Equity Partners V, L.P.CVCbuyout2008—16.7%1.94x1.92x
Bridgepoint Europe VI Co-InvestmentBridgepointbuyout2019—16.7%1.20x—
Canally Coinvest HoldingsCanally Coinvest Holdingsco investment2019—16.7%1.98x0.00x
HS Group Sponsor Fund IIHS Group Sponsorbuyout2018—16.7%1.13x0.41x
IK Fund VIIIIK Small Capbuyout2016—16.7%1.83x1.56x
Rhone Partners V, L.P.Rhonebuyout2015—16.7%1.94x1.02x
Alpine Investors VIIIAlpine Investorsbuyout2021—16.7%1.50x0.03x
Asia Alternatives Capital Partners IIAsia Alternatives Managementbuyout2008—16.7%2.51x2.46x
Project Kelvin—buyout2024—16.7%1.28x0.00x
Project Maroon—buyout2023—16.7%1.40x0.00x
FFL Capital Partners IV, L.P.FFL Partnersbuyout2015—16.7%1.70x1.69x
Drive Capital Fund IIDrive Capitalventure capital2016—16.7%2.65x0.34x
Riverwood Capital Partners IVRiverwood Capitalbuyout2023—16.7%1.12x—
Edison Venture Fund VIII, L.P.Edison Partnersventure capital2015—16.7%2.08x1.63x

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).