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
Canaan XI, L.P.	Canaan Partners	venture capital	2017	—	9.7%	1.68x	0.06x
Triton Fund V, L.P.	TRITON FUNDS LLC	buyout	2018	—	9.7%	1.30x	1.26x
STG VI, L.P.	Stg	buyout	2020	—	9.7%	1.27x	0.40x
Carlyle Partners VI, L.P. (Side Car)	Carlyle Group	buyout	2014	—	9.7%	1.77x	1.39x
Shawmut Equity Partners, L.P.	Shawmut	buyout	1997	—	9.6%	1.50x	1.50x
GI Partners Fund VI, L.P.	GI Partners	buyout	2021	—	9.6%	1.30x	—
Northwest Emerging Ventures II	Grove Street	venture capital	2005	—	9.6%	1.90x	1.43x
Versant Venture VII, L.P.	Versant Ventures	venture capital	2018	—	9.6%	1.50x	0.37x
Warburg Pincus Private Equity IX LP	Warburg Pincus	growth equity	2005	—	9.6%	1.72x	1.72x
GarMark Partners, L.P.	General Atlantic	buyout	1998	—	9.6%	1.50x	1.50x
AUSTIN VENTURES X LP	Austin	venture capital	2008	—	9.6%	1.64x	1.64x
Globespan Capital Partners V, L.P.	Globespan Capital Partners	venture capital	2006	—	9.6%	1.52x	1.52x
Greenfield VI	Green	buyout	2011	—	9.6%	1.37x	1.36x
Palladium Equity Partners IV, L.P.	Palladium	buyout	2014	—	9.6%	1.67x	0.96x
Rhône Partners III	Rhône	buyout	2006	—	9.6%	1.42x	1.42x
FountainVest Chinn Growth Capital Fund, L.P.	FountainVest Partners	growth equity	2008	—	9.6%	—	0.00x
Grey Mountain Partners Fund III	Grey Mountain Partners	buyout	2013	—	9.6%	1.34x	1.34x
Gores Capital Partners, L.P.	Gores	buyout	2004	—	9.6%	1.37x	1.37x
Mercato Partners Growth III, L.P.	Mercato Partners	growth equity	2015	—	9.5%	1.84x	0.18x
Clayton, Dubilier & Rice Fund VI, L.P.	Clayton Dubilier & Rice	buyout	1998	—	9.5%	1.50x	1.53x
DRA Growth & Income Fund VI, LLC	DRA Advisors	growth equity	2007	—	9.5%	1.60x	1.59x
MBK Partners Fund V, L.P.	MBK Partners	buyout	2019	—	9.5%	1.26x	0.03x
J.F. Lehman Equity Investors III, L.P.	J.F. Lehman	buyout	2011	—	9.5%	1.50x	1.10x
Leeds Equity Partners VII, L.P.	Leeds	buyout	2021	—	9.5%	1.20x	0.00x
Q-Street Capital, L.P.	Q Street	buyout	2021	—	9.5%	1.24x	0.00x
Azalea Fund IV	Azalea Capital	buyout	—	—	9.5%	—	—
Pantheon Scers Sirf Mm Llc	Pantheon Ventures	fund of funds	2014	—	9.5%	1.52x	1.12x
Upfront VI	Upfront Ventures	venture capital	2017	—	9.5%	1.57x	0.10x
TPG Biotechnology Partners, L.P.	TPG	buyout	2002	—	9.5%	1.76x	1.59x
Carlyle Partners VI - Side Car	Carlyle Group	buyout	2014	—	9.5%	1.76x	1.76x
Vector Capital V, L.P.	Vector	buyout	2017	—	9.5%	1.48x	0.58x
Inverness Partners II, L.P.	Inverness	buyout	2002	—	9.5%	1.87x	1.87x
Further Global Capital I	Further Global	buyout	2018	—	9.5%	1.36x	0.56x
Gridiron Fund V	Gridiron Capital	buyout	2023	—	9.5%	1.11x	0.11x
Landmark Equity Partners XV	Landmark Partners	buyout	2013	—	9.5%	1.32x	1.32x
Landmark Equity Partners XV, L.P.	Landmark Partners	secondaries	2013	—	9.5%	1.32x	1.32x
Tailwind Capital Partners II	Tailwind Capital	buyout	2013	—	9.5%	1.48x	1.48x
Warburg Pincus IX- BO-40	Warburg Pincus	growth equity	2005	—	9.5%	1.69x	1.63x
Menlo Ventures XII, L.P.	Menlo	venture capital	2015	—	9.5%	1.80x	0.61x
Rockwood IV, LP	Rockwood	private equity	2018	—	9.4%	1.12x	0.28x
Warburg Pincus Private Equity X LP	Warburg Pincus	growth equity	2007	—	9.4%	1.80x	1.76x
HarbourVest International PEP II - Partnership Fund, L.P.	HarbourVest Partners (Canada)	fund of funds	1995	—	9.4%	1.40x	1.44x
Hamilton Lane Private Equity Fund VI, L.P.	Hamilton Lane	buyout	2007	—	9.4%	1.60x	—
FCO MA III, L.P. PE	FCO MA	buyout	2012	—	9.4%	1.45x	1.40x
Boston Ventures VI, L.P.	Boston Ventures Management	venture capital	2000	—	9.4%	1.50x	1.50x
Primary Wave Music IP Fund 3, LP	Primary Venture	venture capital	2021	—	9.4%	1.21x	0.12x
The Rise Fund LP	TPG	growth equity	2018	—	9.4%	1.44x	0.62x
The Rise Fund, L.P.	The Rise Fund	growth equity	2017	—	9.4%	1.43x	0.63x
Terra Frima Capital Partners III (Secondary)	Terra Firma	secondaries	2010	—	9.4%	1.19x	1.19x
Charterhouse Capital Partners IX	Charterhouse Capital Partners	buyout	2008	—	9.4%	1.30x	1.34x
GCM Grosvenor NYCERS Emerging Manager Fund, L.P.	GCM Grosvenor	fund of funds	2008	—	9.4%	1.53x	1.24x
Newstone II	Newstone Capital Partners	buyout	2010	—	9.4%	1.24x	1.25x
Pathway Private Equity Fund Investors 10	Pathway Capital Management	fund of funds	2020	—	9.4%	1.29x	0.00x
Water Street Healthcare Partners, L.P.	Water Street Healthcare Partners	buyout	2005	—	9.4%	1.44x	1.44x
Bridgepoint Europe IV, L.P.7	Bridgepoint	co investment	2008	—	9.4%	1.59x	1.48x
North Sky Capital Venture Fund III, L.P.	North Sky	venture capital	2014	—	9.4%	1.26x	1.15x
EQT X USD SCSP	EQT	co investment	2022	—	9.4%	1.08x	0.06x
Cinven Second Fund	Cinven	buyout	1998	—	9.4%	1.60x	1.62x
Square 1 Venture 1	Square Mile	venture capital	2011	—	9.3%	—	—
Centerbridge Capital Partners V, L.P.	Centerbridge Partners, L.P.	buyout	2023	—	9.3%	1.10x	0.03x
Kelso Investment Associates VI, L.P.	Kelso	buyout	1998	—	9.3%	1.40x	1.40x
TA Select Opps Fund-A, L.P.	TA Select Opps	growth equity	2020	—	9.3%	1.48x	0.01x
BlackRock Carbon Capital III, L.P.	BlackRock	growth equity	2010	—	9.3%	1.26x	1.26x
HarbourVest Partners V - Investment Program	HarbourVest Partners (Canada)	buyout	1997	—	9.3%	1.42x	1.42x
Investindustrial VI LP	Investindustrial	buyout	2016	—	9.3%	1.53x	0.77x
Bridgepoint Europe IV D, L.P.	Bridgepoint	co investment	2007	—	9.3%	1.54x	1.45x
1868 Univeritas Fund	1868 Univeritas	buyout	2017	—	9.3%	1.26x	0.20x
BC European Capital IX	BC Partners	co investment	2011	—	9.3%	1.52x	1.52x
Berkeley Partners Value Industrial Fund V, L.P.	Berkeley	buyout	—	—	9.3%	1.43x	0.59x
Berkeley V	Berkeley	buyout	2020	—	9.3%	1.28x	0.41x
LNK Partners	Lnk	buyout	2006	—	9.3%	1.50x	1.39x
Altas Partners Holdings III	Altas Partners	buyout	2022	—	9.3%	0.94x	0.04x
Asia Alternatives Korea Buyout Investors (Hahn & Co)	Asia Alternatives Management	buyout	2011	—	9.3%	1.50x	1.42x
CalPERS Corporate Partners, LLC	CalPERS Corporate	buyout	2001	—	9.3%	1.56x	1.56x
Paine & Partners Capital Fund IV PE	Paine & Partners	buyout	2014	—	9.3%	1.36x	0.56x
Project Pulse	—	buyout	2014	—	9.3%	1.69x	1.69x
RoundTable Healthcare Capital Partners II, LP	RoundTable Healthcare Partners	private equity	2010	—	9.3%	1.20x	0.86x
T V I Fund II	—	co investment	1982	—	9.3%	1.69x	1.69x
PAG Asia II, L.P.	PAG	buyout	2016	—	9.3%	1.60x	0.98x
GCM Grosvenor Advance Fund, L.P	GCM Grosvenor	fund of funds	2022	—	9.2%	1.21x	0.15x
Horsley Bridge XIII Venture	HORSLEY BRIDGE VENTURE	venture capital	2019	—	9.2%	—	—
Silver Lake Partners VI LP	Silver	buyout	2021	—	9.2%	1.30x	0.16x
Charterhouse Equity Partners IV, L.P.	Charterhouse	buyout	2005	—	9.2%	1.60x	1.60x
General Catalyst Group X - Growth Venture	General Catalyst	venture capital	2020	—	9.2%	1.50x	—
General Catalyst X - Growth Venture	General Catalyst	venture capital	2020	—	9.2%	1.49x	—
Adams Street - 2010 Non-U.S. Emerging Markets	Adams Street Partners	growth equity	2010	—	9.2%	2.00x	1.36x
MBK Partners Fund IV, L.P.	MBK Partners	buyout	2017	—	9.2%	1.56x	0.42x
Cerberus Institutional Partners, L.P.(Series Four)	Cerberus	buyout	2006	—	9.2%	1.85x	1.85x
Bessemer Venture Partners VII Institutiona	Bessemer Venture Partners	venture capital	2007	—	9.2%	1.27x	0.02x
Falconhead Capital Partners II, L.P. IV, L.P.	Falconhead Capital	buyout	2006	—	9.2%	6.60x	—
SilverStone II, LLC Series G (KRG)	SilverStone	buyout	2005	—	9.2%	1.44x	1.18x
Sun Capital Partnc"rs V, L.P.	Sun Capital Partners	private equity	2007	—	9.2%	—	0.46x
FTV VII	FTV Capital	buyout	2022	—	9.2%	1.25x	0.08x
ZMC II Extended Value Fund, L.P.	Zmc	co investment	2021	—	9.2%	1.38x	0.00x
Cerberus Institutional Partners, L.P. (Series 4)	Cerberus	buyout	2006	—	9.2%	1.85x	1.85x
CGW Southeast Partners III	CGW Southeast Partners	buyout	1996	—	9.2%	1.70x	1.70x
GCM Grosvenor TRSCNY Emerging Manager Fund, L.P.	GCM Grosvenor	fund of funds	2008	—	9.2%	1.51x	1.27x
Garmark Partners II, L.P.	General Atlantic	buyout	2005	—	9.2%	1.30x	1.30x
Cerberus Institutional (Series Four) LP	Cerberus	buyout	2007	—	9.2%	1.85x	1.85x
Industry Ventures Secondary IX, L.P.	Industry Ventures	venture capital	2020	—	9.1%	1.28x	0.13x

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).