/Fund performance

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.

7,716 fundsas of December 2025
FundManagerStrategyVintageCommittedNet IRRTVPIDPI
Carlyle Asia Partners IV, LPCarlyle Groupbuyout2014—12.9%1.58x1.54x
Carlyle Europe Partners III LP (EUR)Carlyle Groupbuyout2007—12.9%1.61x1.61x
HarbourVest Partners VIII Cayman BuyoutHarbourVest Partners (Canada)buyout2014—12.9%1.41x1.40x
CVC Capital Partners Fund VICVC Capital Partnersbuyout2014—12.9%1.77x1.21x
Abbott Private Equity Fund VI, L.P.Abbottfund of funds2008—12.9%1.90x1.50x
Platinum Equity Capital Partners-A II, L.P.Platinumbuyout2007—12.9%1.55x1.53x
African Development Partners IIIAfrican Developmentbuyout2019—12.9%1.59x0.24x
Charlesbank Equity Fund VIII LPCharlesbank Capital Partnersbuyout2015—12.9%1.57x1.10x
SG Growth Capital Partners I, L.P.—growth equity2008—12.9%1.69x0.93x
BRV VI, L.P.BRVbuyout2017—12.9%1.93x0.05x
Atlantic Street Capital III, L.P.Atlantic Street Capitalprivate equity2015—12.9%1.82x0.64x
Fairview Special Opportunities Fund II LPFairview Capital Partnersbuyout2015—12.8%2.26x0.69x
Aquiline Financial Services Fund IVAquiline Oregon Co‐buyout2019—12.8%1.58x0.52x
Ardian Secondary Fund VI, L.P.Ardiansecondaries2007—12.8%1.48x1.28x
Bayview Opportunity Master Fund IV-B, L.PBayview Opportunity Masterbuyout2004—12.8%1.45x1.28x
AACP India Investors BAsia Alternatives Managementbuyout2007—12.8%4.00x3.89x
ABRY Senior Equity Partners V, L.P.ABRY Partnersbuyout2016—12.8%1.49x0.58x
Hamilton Lane Venture Capital Fund, L.P. (Series 2010)Hamilton Laneventure capital2010—12.8%2.37x1.41x
Onex Partners II, L.P.Onex Corporationbuyout2006—12.7%1.81x1.81x
Banc Fund VIII, L.P.The Banc Funds Companygrowth equity2008—12.7%2.10x2.15x
Summit Growth Equity XSummit Partnersgrowth equity2019—12.7%1.45x0.48x
Summit Partners Growth Equity Fund X-ASummit Partnersgrowth equity2019—12.7%1.49x0.43x
TPG Tech Adjacencies II, L.P.TPGbuyout2021—12.7%1.25x0.31x
CVC Capital Partners Asia Pacific IIICVC Capital Partnersbuyout2008—12.7%1.58x1.55x
Green Equity Investors VIGreenbuyout2011—12.7%1.87x1.57x
Platinum Equity Capital Partners II LPPlatinumbuyout2007—12.7%1.71x1.69x
Trident VIII LPStone Pointbuyout2020—12.7%1.57x0.35x
Astorg VIAstorgbuyout2015—12.7%1.72x1.30x
Coller International Partners VIColler Capitalsecondaries2010—12.7%1.46x1.47x
Apax Europe VI-AApaxbuyout——12.7%2.03x1.99x
Cerberus Institutional (Series Three)Cerberusbuyout2003—12.7%2.26x2.26x
Nordic Capital CV1 Beta, L.P.Nordic Capitalbuyout2018—12.7%1.50x1.50x
Centerbridge Capital Partners III, L.P.Centerbridge Partners, L.P.buyout2014—12.6%1.50x1.04x
Insight Partners XI, L.P.Insight Partnersgrowth equity2020—12.6%1.74x0.09x
TPG Tech Adjacencies, L.P.TPGbuyout2018—12.6%1.46x0.67x
Insight Venture Partners XIInsight Partnersgrowth equity2020—12.6%1.60x0.13x
Evergreen I, L.P.Evergreen Venture Partnersbuyout1984—12.6%2.80x2.79x
Vista Equity Partners Fund VII StoweVista Equity Partnersbuyout2018—12.6%——
1315 Capital Fund II1315 Capitalventure capital2018—12.6%1.40x0.51x
H.I.G. Growth Buyouts & Equity Fund IIH.I.G. Capitalgrowth equity2011—12.6%1.61x1.51x
Carlyle Asia Partners IIICarlyle Groupbuyout2009—12.6%—1.51x
HarbourVest Centre Street Co-Investment FundHarbourVest Partners (Canada)fund of funds2021—12.6%1.36x0.03x
CVC Capital Partners Asia VCVC Capital Partnersbuyout2020—12.6%1.40x0.30x
Valar Velocity Fund 1 LPValar Velocityventure capital2019—12.6%2.00x0.32x
Flagship Pioneering – Origination Fund VII, L.P.Flagship Venturesventure capital——12.6%1.33x0.00x
Hahn & Company III LPHahn & Companybuyout2018—12.6%1.45x0.35x
Highbridge Convertible Dislocation Fund (Delaware) LPHighbridgebuyout2020—12.6%1.17x1.04x
L.P. Levine Leichtman Capital Partners IV, L.P.Levine Leichtmanbuyout2008—12.6%7.30x—
Coller International Partners VII, L.P. -Series AColler Capitalbuyout2014—12.6%1.66x1.26x
LongRange Capital Fund I, L.P.LongRange Capitalgrowth equity2020—12.6%1.33x0.18x
Partners Fund V—buyout2014—12.6%——
Pantheon Global Secondary Fund IV LPPantheon Venturessecondaries2010—12.6%1.58x1.55x
Adams Street 2013 Global FundAdams Street Partnersgrowth equity2013—12.6%2.18x1.30x
Apax VIIIApaxbuyout2012—12.6%1.60x1.51x
Adams Street Partnership Fund -2010 Non-U.S. Developed MktsAdams Street Partnersfund of funds2010—12.6%1.98x1.62x
Coller International Partners VII, L.P.Coller Capitalsecondaries2016—12.5%1.64x1.26x
OpenView Venture Partners IV LPOpenView Venture Partnersventure capital2014—12.5%1.91x1.58x
Bain Capital Fund VIII - Coinvestment Fund, L.P.Bain Capitalco investment2004—12.5%1.77x1.75x
Bain Capital Fund VIII (Co-investment)Bain Capitalco investment2004—12.5%1.77x1.77x
Apax VIII USDApaxbuyout2012—12.5%1.56x1.52x
Updata Venture Partners IV, L.P.Updata Partnersventure capital2007—12.5%1.37x0.10x
Lake Navy Fund, LPNapier Park Europeanbuyout2020—12.5%1.69x0.09x
Industry Ventures Tech Buyout LPIndustry Venturesbuyout2018—12.4%—1.57x
Industry Ventures Partnership Holdings VIndustry Venturessecondaries2019—12.4%1.67x0.03x
TCV VITCVventure capital2006—12.4%1.58x1.57x
Apax USD L.P.Apaxbuyout2019—12.4%1.30x0.13x
Trilantic Capital Partners III L.P.Trilanticbuyout2004—12.4%1.51x1.51x
Charterhouse Capital Partners IX PECharterhouse Capital Partnersbuyout2011—12.4%1.38x1.16x
Corporate Partners, L.P.Corporate Opportunitiesbuyout1988—12.4%2.13x2.13x
Nordic Capital Fund VIII, L.P.Nordic Capitalbuyout2013—12.4%1.61x1.32x
Sovereign Capital IVSovereign Capital Partnersbuyout2014—12.4%1.87x0.86x
Riverside Micro-Cap Fund V, L.P.The Riverside Companybuyout2019—12.4%1.57x0.64x
Pond Ventures III, L.P.Pond Venturesventure capital2006—12.4%1.88x1.88x
Bregal Sagemount Equity IIIBregal Sagemountbuyout2019—12.3%1.42x0.31x
Brighton Park Capital Fund IBrighton Park Capitalgrowth equity2021—12.3%1.66x0.17x
Paladin III (NY City)Paladin Capital Groupbuyout2007—12.3%2.10x2.10x
Cerberus Institutional Partners V, L.P.Cerberusbuyout2012—12.3%1.91x1.62x
Montauk TriGuard Fund IVMontauk TriGuardbuyout2008—12.3%1.50x1.50x
PARTHENON INVESTORS II LPParthenonbuyout2001—12.3%1.64x1.64x
Court Square Capital Partners IICourt Square Capital Partnersbuyout2006—12.3%1.79x1.79x
High Road Capital Partners Fund IIHigh Road Capital Partnersbuyout2013—12.3%1.62x1.35x
New Mountain PartnersNew Mountain Capitalbuyout2001—12.3%1.45x1.45x
PGIM Capital Partners VI, L.P.PGIMbuyout2020—12.3%1.25x0.19x
VI Coinvest Apax X USD—buyout2020—12.3%—0.37x
TowerBrook Investors VI, L.P.TowerBrookbuyout2023—12.3%1.10x0.33x
KSL Capital Partners IV, L.P.KSLbuyout2016—12.3%1.60x0.81x
Acon-Bastion Partners II, L.P.Acon Investmentsbuyout2006—12.3%1.74x1.74x
Landmark Equity Partners XVII, L.P.Landmark Partnerssecondaries2022—12.2%1.10x0.00x
Abbott Capital Private Equity Fund VI, L.P.Abbottfund of funds2008—12.2%1.90x1.77x
TCV VIIITCVventure capital2014—12.2%2.30x1.77x
HongShan China Growth Fund V, L.P.HongShan Capital Groupgrowth equity2018—12.2%1.95x0.28x
Horizon Strategic Fund - Carlyle GroupHorizongrowth equity2014—12.2%1.70x1.51x
L Catterton VIII, L.P.L Cattertonbuyout2016—12.2%1.49x0.75x
TPG Growth V LPTPGgrowth equity2021—12.2%1.39x0.41x
Advent Latin America PE Fund VIAdvent Internationalbuyout2014—12.2%1.72x1.04x
Advent Latin American Private Equity Fund VIAdvent Internationalbuyout2015—12.2%1.72x1.19x
Advent Latin American Private Equity Fund VI CAdvent Internationalbuyout2015—12.2%1.78x1.04x
Bain Capital Fund VIII, L.P.Bain Capitalco investment2004—12.2%1.96x1.96x
Coastline Fund, L.P. (Tranche II)Coastlinebuyout2002—12.2%1.24x0.49x
Kelso Investment Associates VIIKelsobuyout2003—12.2%1.73x1.73x

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).