Fundraising FoxFund 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
| Fund | Manager | Strategy | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|---|---|
| Project Torrid | — | buyout | 2015 | — | 45.4% | 10.29x | 7.03x |
| RCP Fund Direct Feeder, L.P. | RCP | buyout | 2011 | — | 45.2% | 2.90x | 2.80x |
| H.I.G. Europe Capital Partners III | H.I.G. Capital | growth equity | 2020 | — | 45.1% | 2.20x | 0.56x |
| Adams Capital Management, L.P. | Adams Street | secondaries | 1997 | — | 44.9% | 1.83x | 1.82x |
| DBL Partners TIAB 2020 | DBL Partners | venture capital | 2020 | — | 44.8% | 6.80x | — |
| SG/NMERB Secondary Fund I, L.P. | Sg Iv | secondaries | 2015 | — | 44.7% | 1.31x | 1.31x |
| GTCR Fund XI PE | GTCR | buyout | 2013 | — | 44.2% | 4.17x | 1.78x |
| Spark Capital Growth Fund IV | Spark | growth equity | 2021 | — | 44.2% | 2.20x | — |
| Eureka Growth Capital III | Eureka | growth equity | 2013 | — | 44.0% | 2.80x | 2.76x |
| OES Co-Invest, LP | — | buyout | 2024 | — | 43.7% | 1.48x | 0.00x |
| Clayton, Dubilier & Rice Fund XII | Clayton Dubilier & Rice | buyout | 2023 | — | 43.3% | 1.48x | 0.10x |
| SunStone Co-Investment | Sunstone Capital | co investment | 2015 | — | 43.3% | 5.04x | 5.04x |
| KKR Beatrice, L.P. | Kohlberg Kravis Roberts | buyout | 1986 | — | 43.2% | 3.60x | 3.58x |
| Project Triangle | — | venture capital | 2012 | — | 42.8% | 5.82x | 3.15x |
| Advent International GPE V-D, L.P. | Advent International | buyout | 2005 | — | 42.7% | 2.42x | 2.42x |
| Nautic Partners VII, L.P. | Nautic Partners | buyout | 2014 | — | 42.7% | 2.34x | 2.14x |
| SilverStone II, LLC Series E (Small Secondaries) | SilverStone | buyout | 2006 | — | 42.7% | 1.90x | 1.90x |
| Project Kraft I | Project Kraft | buyout | 2015 | — | 42.6% | 1.75x | 1.75x |
| Project Alice | — | venture capital | 2019 | — | 42.4% | 6.72x | 1.50x |
| Menlo Ventures IV, L.P. | Menlo | venture capital | 1988 | — | 42.1% | 5.10x | 5.13x |
| Sterling Investment Partners IV, L.P. | Sterling Investment | buyout | 2020 | — | 42.1% | 1.65x | 0.35x |
| Arcline Capital Partners LP | Arcline Investment Management | buyout | — | — | 42.0% | 3.70x | 1.30x |
| KKR Americas XII PE | Kohlberg Kravis Roberts | buyout | 2016 | — | 41.9% | 2.05x | 0.12x |
| Technology Crossover Ventures IX PE | Technology Crossover Ventures | venture capital | 2016 | — | 41.7% | 2.72x | 0.48x |
| Dyal Capital Partners IV | Dyal Capital Partners | secondaries | 2018 | — | 41.5% | 1.83x | 0.71x |
| Project Fresh | — | buyout | 2015 | — | 41.2% | 2.23x | 2.23x |
| Carousel Capital Partners IV, L.P. | Carousel | buyout | 2012 | — | 41.2% | 3.93x | 3.50x |
| CVC European Equity Partnership III LP (USD) | CVC | buyout | 2001 | — | 41.0% | 2.90x | 2.87x |
| CVC EURO EQUITY PTNRS III LP | CVC | buyout | 2001 | — | 41.0% | 2.18x | 2.13x |
| CVC European Equity Partners III | CVC | buyout | 2001 | — | 41.0% | 2.59x | 2.57x |
| New Enterprise Associates 18r | New Enterprise Associates (NEA) | venture capital | 2022 | — | 41.0% | 2.00x | 0.11x |
| Brookfield Capital Partners Fund IV | Brookfield Asset Management | buyout | 2015 | — | 40.9% | 2.32x | 1.99x |
| Morgan Stanley Venture Partners III, LP | Morgan Stanley | venture capital | 1997 | — | 40.9% | 2.30x | 2.34x |
| Menlo Ventures VI, L.P. | Menlo | venture capital | 1993 | — | 40.8% | 3.10x | 3.11x |
| HIG Capital IV | — | private equity | 2006 | — | 40.8% | 3.07x | 2.00x |
| New Enterprise Associates 18 | New Enterprise Associates (NEA) | venture capital | 2022 | — | 40.5% | 1.86x | 0.11x |
| Healthcare and Fintech, L.P. | Healthcare | buyout | 2022 | — | 40.5% | 1.60x | 0.00x |
| Clearlake Capital Partners III, LP | Clearlake Capital Group | buyout | 2012 | — | 40.4% | 2.28x | 2.27x |
| Kelso Investment Associates X PE | Kelso | buyout | 2018 | — | 40.4% | 1.36x | 0.07x |
| Ridgemont Partners Secondary Fund I, L.P. | Ridgemont Equity | buyout | 1999 | — | 40.4% | 2.20x | 2.20x |
| DBL Partners TIAB 2018 | DBL Partners | venture capital | 2019 | — | 40.4% | 9.70x | — |
| Signal Peak Technology Ventures, L.P. | Signal Peak Ventures | venture capital | 2002 | — | 40.4% | 4.13x | 4.13x |
| Northlane Capital Partners I, L.P. - IHAM | Northlane Capital Partners | buyout | 2014 | — | 40.3% | 2.05x | 2.05x |
| Strategic Investors Fund X, L.P. | Strategic | fund of funds | 2010 | — | 40.0% | 1.22x | 0.00x |
| Technology Impact Fund | Technology Impact | growth equity | 2017 | — | 39.9% | 4.31x | 1.00x |
| ARCH VENTURE FUND XIII LP | ARCH Venture Partners | venture capital | 2023 | — | 39.8% | 1.25x | 0.00x |
| KKR 1982 Fund, L.P. | Kohlberg Kravis Roberts | buyout | 1983 | — | 39.7% | 3.30x | 3.30x |
| J.F. Lehman Equity Investors IV, L.P. | J.F. Lehman | buyout | 2017 | — | 39.6% | 2.60x | 2.50x |
| Great River Hydro Partners | Great | buyout | 2017 | — | 39.5% | — | 4.22x |
| Altor Fund VI | Altor | buyout | 2022 | — | 39.3% | 1.30x | 0.36x |
| Kayne Flywheel Co-investment LLC | Kayne Anderson Capital Advisors | co investment | 2018 | — | 39.3% | — | 3.76x |
| UNION SQUARE VENTURES OPPORTUNITY 2014 LP | Union Square Ventures (USV) | venture capital | 2014 | — | 39.2% | 6.11x | 5.77x |
| Project Trident | — | buyout | 2013 | — | 39.2% | 2.07x | 2.07x |
| TrueBridge Capital FSA Il LLC | TrueBridge Capital Partners | fund of funds | 2020 | — | 39.0% | 1.62x | 0.00x |
| Accel-KKR Capital Partners IV, LP | Accel-KKR | buyout | 2013 | — | 39.0% | 3.58x | 3.58x |
| Kleiner Perkins Caufield & Byers V | Kleiner Perkins | private equity | 1992 | — | 39.0% | 3.33x | 3.28x |
| Riverside Micro‐Cap Fund III PE | The Riverside Company | buyout | 2014 | — | 39.0% | 4.68x | 1.30x |
| Clarion Capital II | Clarion Partners | private equity | 2013 | — | 39.0% | 3.45x | 3.41x |
| Apollo Investment Fund V | Apollo | buyout | 2001 | — | 38.8% | 1.98x | 1.98x |
| SSG Capital Partners V Sidecar, L.P. | SSG | buyout | 2019 | — | 38.8% | 1.33x | 1.08x |
| Apollo Investment Fund V LP | Apollo | buyout | 2001 | — | 38.8% | 2.28x | 2.28x |
| New Mountain Partners VII, L.P. | New Mountain Capital | buyout | 2023 | — | 38.6% | 1.21x | 0.00x |
| Carousel Cap Part IV | Carousel | buyout | 2006 | — | 38.5% | — | — |
| CapVest Equity Partners V | CapVest Partners | buyout | 2023 | — | 38.5% | — | 1.48x |
| Edison VII AF, L.P. | Edison Partners | buyout | 2020 | — | 38.5% | 3.15x | 1.31x |
| Onex Partners | Onex Corporation | buyout | 2003 | — | 38.4% | 0.33x | 0.00x |
| BDC III C LP | BDC | buyout | 2017 | — | 38.4% | 3.48x | 2.47x |
| Onex Partners I, L.P. | Onex Corporation | buyout | 2003 | — | 38.3% | 3.00x | 3.00x |
| Cedar Street Partners LP | Cedar Street | buyout | 2021 | — | 38.2% | 2.09x | 0.04x |
| OrbiMed Private Investments V | OrbiMed | venture capital | 2013 | — | 38.2% | 2.35x | 2.14x |
| Bridgepoint Development Capital III, L.P. | Bridgepoint | growth equity | 2016 | — | 38.1% | 3.37x | 2.47x |
| Thoma Bravo Fund X LP | Thoma Bravo | buyout | 2012 | — | 38.0% | 4.04x | 3.79x |
| Charterhouse Capital Partners VII, L.P. | Charterhouse Capital Partners | buyout | 2002 | — | 37.9% | 1.90x | 1.94x |
| Thoma Bravo X | Thoma Bravo | buyout | 2012 | — | 37.8% | 3.10x | 2.94x |
| Incline Equity Partners III | Incline | buyout | 2012 | — | 37.3% | 2.60x | 2.60x |
| Spectrum Equity VII, L.P. | Spectrum Equity | venture capital | 2014 | — | 37.2% | 3.73x | 2.82x |
| Blackstone Capital Partners IV, L.P. | The Blackstone Group | buyout | 2001 | — | 37.0% | 2.39x | 2.39x |
| D&D Co-Invest, L.P. | D&D Co-Invest, L.P | buyout | 2024 | — | 36.9% | 1.42x | 0.00x |
| Bluerun Ventures IV, L.P | BlueRun Ventures | private equity | 2007 | — | 36.8% | 2.85x | 0.46x |
| Polaris Growth Fund | Polaris Partners | growth equity | 2018 | — | 36.8% | 2.86x | 0.57x |
| GTCR Fund XII PE | GTCR | buyout | 2017 | — | 36.4% | 1.63x | 0.29x |
| Samson Brunello 1 | Samson | fund of funds | 2021 | — | 36.4% | 3.53x | 0.67x |
| TPG Partners | TPG | buyout | 1994 | — | 36.3% | 3.53x | 3.53x |
| Blackstone Capital Partners IV | The Blackstone Group | buyout | 2003 | — | 36.3% | 2.46x | 2.46x |
| Blackstone Capital IV | The Blackstone Group | buyout | 2001 | — | 36.2% | 2.80x | 2.81x |
| Parthenon Investors IV | Parthenon | buyout | 2012 | — | 36.2% | 4.91x | 3.33x |
| Orbimed Private lnvesuncnts IV, L P | OrbiMed | private equity | 2009 | — | 36.2% | 2.67x | 0.45x |
| Apax Europe V-A, L.P. | Apax | buyout | 2001 | — | 36.2% | 2.10x | 2.10x |
| Sun Capital Partners VI | Sun Capital Partners | buyout | 2013 | — | 36.0% | 1.64x | 1.05x |
| Fortress Investment Fund II, LLC | Fortress Investment Group | co investment | 2002 | — | 36.0% | 1.50x | 1.46x |
| Harvest Partners IV, L.P. | Harvest | buyout | 2001 | — | 35.8% | 2.24x | 2.24x |
| Nautic Partners VIII | Nautic Partners | buyout | 2016 | — | 35.7% | 1.75x | 1.19x |
| PSG Europe II L.P. | PSG Equity | buyout | 2023 | — | 35.5% | 1.54x | 0.66x |
| Industry Ventures SOF II-A, L.P. | Industry Ventures | venture capital | 2016 | — | 35.5% | 2.96x | 2.47x |
| Thoma Bravo Overage Fund, L.P. | Thoma Bravo | buyout | 2001 | — | 35.5% | 4.19x | 3.13x |
| Ka - Peif 2 Co-inv | Kayne Anderson Capital Advisors | fund of funds | — | — | 35.4% | — | — |
| Hatteras Venture Partners V | Hatteras Venture Partners | venture capital | 2015 | — | 35.3% | 2.08x | 1.35x |
| Eureka III | Eureka | buyout | 2019 | — | 35.3% | 2.17x | 2.15x |
| Astorg Normec Fund -Project Newton | Astorg | buyout | 2024 | — | 35.3% | 1.36x | 0.00x |
| Spectrum Equity Investors VII, L.P. | Spectrum Equity | growth equity | 2014 | — | 35.2% | 3.50x | 2.99x |
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).