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

All Private equity Private credit Real assets Opportunistic

Fund	Manager	Strategy	Vintage	Committed	Net IRR	TVPI	DPI
Versant Venture VI, L.P.	Versant Ventures	venture capital	2017	—	16.0%	1.81x	1.16x
Vista Equity Partners Fund V	Vista Equity Partners	buyout	2014	—	16.0%	2.10x	1.57x
Bridgepoint Europe V	Bridgepoint	buyout	2014	—	16.0%	1.90x	1.41x
Arsenal Capital Partners IV	Arsenal	buyout	2016	—	16.0%	1.68x	1.27x
WCAS XIII, L.P.	WCAS	buyout	2019	—	16.0%	1.66x	0.60x
Canaan Equity Partners VII	Canaan Partners	private equity	2005	—	16.0%	2.44x	1.50x
Olympus Growth Fund V, LP	Olympus Partners	growth equity	2007	—	16.0%	1.86x	1.81x
Pathway Private Equity Fund Investors 9	Pathway Capital Management	fund of funds	2017	—	16.0%	1.92x	0.01x
Project Grizzly	—	buyout	2024	—	16.0%	1.18x	0.00x
Stripes III	Stripes	buyout	2015	—	16.0%	2.36x	1.48x
Fairview Constitution IV, L.P.	Fairview Capital Partners	buyout	2012	—	16.0%	2.60x	1.40x
Pantheon Global Secondary Fund VII	Pantheon Ventures	secondaries	2022	—	16.0%	1.31x	0.02x
Industry Ventures Secondary VII, L.P.	Industry Ventures	venture capital	2013	—	16.0%	1.97x	1.78x
HarbourVest -Dover Street X	Nexus	fund of funds	2019	—	15.9%	1.51x	0.42x
CVC Capital Partners VI, L.P. 7	CVC Capital Partners	buyout	2014	—	15.9%	1.96x	1.36x
Adams Street Global Secondary Fund 6	Adams Street Partners	secondaries	2017	—	15.9%	1.60x	1.07x
TCV Sports	TCV	venture capital	2018	—	15.9%	2.79x	0.33x
Granite Global Ventures III, L.P. Venture Capital	Granite Ventures Llc	venture capital	2006	—	15.9%	2.30x	1.64x
(Lexington) Co-Investment Partners 2005 LP (Pool IV)	Lexington Partners	co investment	2017	—	15.9%	1.90x	1.05x
DCPF VI Oil & Gas Coinvestment Fund LP	Denham Capital	co investment	2013	—	15.9%	1.60x	1.60x
Apax Digital, L.P.	Apax	growth equity	2017	—	15.9%	1.64x	0.39x
FTVentures II & III	FTV Capital	private equity	2001	—	15.9%	1.37x	1.37x
Wigmore Street VI Co-Investment No. 1 LP	Wigmore Street (BDC	co investment	2019	—	15.9%	1.86x	0.36x
C-Bridge Healthcare Fund V	C-Bridge Capital	buyout	2021	—	15.9%	1.40x	0.14x
Centerbridge Capital Partners IV	Centerbridge Partners, L.P.	buyout	2021	—	15.9%	1.41x	0.26x
Granite Global Ventures III, L.P.	—	private equity	2006	—	15.9%	2.30x	1.64x
Silicon Valley Bank Capital Partners IV	Silicon Valley Bank	buyout	2004	—	15.9%	1.40x	0.00x
Bridgepoint Europe V, L.P.	Bridgepoint	buyout	2014	—	15.9%	1.90x	1.42x
Lightyear Fund V, L.P.	Lightyear	buyout	2021	—	15.9%	1.49x	0.26x
Blackstone Core Equity Partners - NC LP	The Blackstone Group	buyout	2017	—	15.9%	2.15x	0.58x
Vivo Capital Surplus Fund VIII, L.P.	Vivo Capital	venture capital	2015	—	15.9%	2.01x	1.55x
PAINE SCHWARTZ FOOD CHAIN FUND V LP	Paine Schwartz Partners	buyout	2019	—	15.9%	1.51x	0.43x
Kohlberg Investors VII, L.P.	Kohlberg Investors	buyout	2012	—	15.8%	1.67x	1.67x
DCPF VI Oil and Gas Coinvestment Fund LP	DCPF	co investment	2013	—	15.8%	1.60x	1.61x
Riverwood Capital Partners III	Riverwood Capital	buyout	2020	—	15.8%	1.58x	0.29x
Summit Ptrs Reinvestment Fund	Summit Partners	growth equity	2021	—	15.8%	1.39x	0.98x
AlpInvest Secondaries Fund (onshore) VII, L.P.	Carlyle Group	secondaries	2021	—	15.8%	1.36x	0.59x
Mayfield XV	Mayfield Fund	venture capital	2017	—	15.8%	2.19x	0.39x
Summit Europe Growth Equity III	Summit Partners	growth equity	2020	—	15.8%	1.48x	0.31x
Industry Ventures PH VI	Industry Ventures	venture capital	2021	—	15.8%	—	—
Advent International GPE VIII B-2	Advent International	buyout	2016	—	15.8%	2.09x	1.41x
Advent International GPE VIIIB	Advent International	buyout	—	—	15.8%	1.94x	1.37x
Abbott Select Buyouts Partners III, L.P.	Abbott	buyout	2014	—	15.8%	1.80x	0.90x
NGP XII	Ngp	buyout	2018	—	15.8%	1.60x	1.02x
RCP Fund VI LP	RCP	buyout	2008	—	15.8%	2.07x	2.06x
Providence Equity Partners III	Providence	buyout	1999	—	15.8%	1.55x	1.55x
Shoreview Capital Partners III	ShoreView Industries	buyout	2013	—	15.8%	1.99x	1.51x
Adams Street Partnership Fund -2010 U.S. Fund	Adams Street Partners	buyout	2010	—	15.8%	2.52x	2.02x
TowerBrook Investors V LP	TowerBrook	buyout	2019	—	15.8%	1.60x	0.21x
Harvest Partners VII	Harvest	buyout	2016	—	15.8%	2.09x	1.03x
Peak Rock Capital Fund LP	Peak Rock Capital	buyout	2013	—	15.8%	1.56x	1.08x
Advent International GPE VIII-D LP	Advent International	buyout	2016	—	15.8%	2.09x	1.41x
Olympus Growth Fund V, LP LBO	Olympus Partners	growth equity	2007	—	15.7%	2.21x	2.21x
Ares Corporate Opportunities Fund VI	Ares	buyout	2021	—	15.7%	1.37x	0.41x
Adams Street - 2008 U.S. Fund	Adams Street Partners	growth equity	2008	—	15.7%	2.30x	2.28x
Thoma Bravo Special Opportunities Fund II	Thoma Bravo	buyout	2015	—	15.7%	2.19x	1.63x
Avista Capital Partners II	Avista	buyout	2008	—	15.7%	1.60x	1.60x
GOF II Feeder B LP (A.K.A Glendon)	GOF	buyout	2019	—	15.7%	1.62x	0.47x
Birch Hill Equity Partners (US) IV, LP	Birch Hill Equity Partners Management Inc.	buyout	2011	—	15.7%	2.70x	2.20x
HgCapital Saturn Fund 2	Hg Capital	buyout	2020	—	15.7%	6.28x	3.31x
Sovereign Capital IV PE	Sovereign Capital Partners	buyout	2014	—	15.7%	1.57x	0.44x
Nordic Capital Fund IX, L.P.	Nordic Capital	buyout	2019	—	15.7%	1.80x	0.59x
BR/ERB Co-Investment Fund I, L.P.	BR Capital	co investment	2009	—	15.6%	1.71x	1.71x
Industry Ventures Partnership Holdings III-C	Industry Ventures	secondaries	2015	—	15.6%	2.19x	0.90x
Green Equity Investors CF II, L.P.	Green	buyout	2021	—	15.6%	1.61x	0.00x
Adams Street 2011 U.S. Fund	Adams Street Partners	growth equity	2011	—	15.6%	2.50x	1.91x
Warburg Pincus Private Equity XII	Warburg Pincus	growth equity	2015	—	15.6%	2.02x	1.42x
Advent International GPE VIII	Advent International	buyout	2016	—	15.6%	2.07x	1.41x
H.I.G. Europe CapitaI Partners II PE	H.I.G. Capital	growth equity	2013	—	15.6%	1.45x	0.42x
CVC Capital Partners VI-A LP	CVC Capital Partners	buyout	2014	—	15.6%	2.00x	1.37x
Montagu V LP	Montagu	buyout	2015	—	15.6%	1.70x	0.98x
TSG7 A L.P.	TSG7 A	buyout	—	—	15.6%	2.11x	1.87x
Windjammer Senior Equity Fund IV, L.P.	Windjammer Capital	buyout	2012	—	15.6%	2.34x	1.79x
New 2ND Capital Fund III	New 2nd Capital	secondaries	2023	—	15.6%	1.20x	0.06x
SFERS Private Equity Total Portfolio	SFERS Private	fund of funds	—	—	15.6%	1.70x	—
The Baring Asia Private Equity Fund VI, L.P. 1	Baring Private Equity Asia	buyout	2015	—	15.6%	1.67x	1.67x
Banc Fund IV, L.P.	The Banc Funds Company	growth equity	1996	—	15.6%	2.30x	2.30x
Pe Co-inv	Waterfall Eden	fund of funds	—	—	15.6%	—	—
JFL Equity Investors V, L.P.	Jfl	buyout	2020	—	15.6%	1.60x	0.00x
Banc Fund V, L.P.	The Banc Funds Company	growth equity	1998	—	15.6%	2.30x	2.28x
Spire Capital Partners II	Spire Capital Partners	buyout	2006	—	15.6%	1.96x	1.96x
Levine Leichtman Capital Partners V, L.P.4	Levine Leichtman	buyout	2013	—	15.6%	1.29x	1.29x
FCO MA II LP	FCO MA	buyout	2010	—	15.5%	2.14x	2.05x
Vista Equity Partners Fund VI	Vista Equity Partners	buyout	2016	—	15.5%	1.98x	1.29x
Bregal Sagemount IV-A L.P.	Bregal Sagemount	growth equity	—	—	15.5%	1.25x	0.03x
McCarthy Capital V, L.P.	McCarthy Capital	buyout	2012	—	15.5%	2.14x	2.04x
HarbourVest Partners 2013 Direct Fund	HarbourVest Partners (Canada)	buyout	2013	—	15.5%	1.76x	1.76x
Abbott Capital Private Equity Investors 2012	Abbott	buyout	2012	—	15.5%	2.20x	1.60x
Strategic Partners Fund VII, L.P.	Strategic	secondaries	2016	—	15.5%	1.66x	1.32x
Strategic Partners Real Assets II, L.P.	Strategic	secondaries	2017	—	15.5%	1.68x	0.82x
Opportunity III NYC-NorthBound Emerging Managers	—	buyout	2020	—	15.5%	—	0.10x
SG Growth Partners III	—	growth equity	2015	—	15.5%	2.00x	1.33x
Summit Partners Europe GE III	Summit Partners	growth equity	2021	—	15.5%	1.47x	0.24x
EPIC Venture Fund V, L.P.	EPIC VENTURES	venture capital	2018	—	15.5%	1.76x	1.02x
Pathway - Mca	Pathway Capital Management	fund of funds	—	—	15.4%	—	—
Advent International GPE VI L.P.	Advent International	buyout	2008	—	15.4%	2.00x	1.91x
Sprout Growth II, L.P.	Sprout	growth equity	1993	—	15.4%	1.98x	1.98x
Advent International GPE VIII B SMA	Advent International	buyout	2016	—	15.4%	2.10x	1.44x
(Lexington) Co-Investment Partners 2005 LP (Pool III)	Lexington Partners	co investment	2012	—	15.4%	1.91x	1.68x
Bridgepoint Europe VI (Sidecar)	Bridgepoint	buyout	2019	—	15.4%	1.94x	0.47x

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).