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
California Smart Growth Fund IV	Cityview	growth equity	2006	—	3.0%	1.37x	1.37x
Dlj Recp VI	Dlj Recp	buyout	2019	—	3.0%	0.48x	0.21x
Project Alpine Co-Invest Fund	Project Alpine Co-Invest	co investment	2022	—	3.0%	1.10x	—
Providence Equity Partners V	Providence	buyout	2004	—	3.0%	1.17x	1.17x
Wicks Communications & Media Partners III, L.P	Wicks	buyout	2003	—	3.0%	1.14x	1.14x
NMERB Sierra Blanca Fund, L.P.	NMERB Sierra Blanca	buyout	2020	—	3.0%	1.09x	0.09x
Weston Presidio Capital IV	Weston Presidio	secondaries	2000	—	3.0%	1.18x	1.18x
Oberland Capital Healthcare III LP	Oberland Capital	co investment	—	—	2.9%	1.11x	0.19x
Menlo Ventures XV, L.P.	Menlo	venture capital	2020	—	2.9%	1.10x	—
Altaris V-4042, L.P.	Altaris	buyout	—	—	2.9%	1.07x	—
Quintana Energy I Co-Investment	QUINTANA RESOURCES HOLDINGS LP	co investment	2007	—	2.9%	1.63x	1.63x
Essex Woodlands Health Ventures Fund V	Essex Woodlands Healthcare Partners	venture capital	2000	—	2.9%	1.10x	1.07x
TPG Biotechnology Partners II, L.P.	TPG	buyout	2006	—	2.9%	1.21x	1.21x
Euro Choice III (fka LODH Private Equity - Euro Choice III)	Euro Choice	buyout	2006	—	2.9%	1.16x	1.16x
Euro Choice III L.P.	Euro Choice	buyout	2006	—	2.9%	1.16x	1.16x
Essex Woodlands Health Ventures Fund VI	Essex Woodlands Healthcare Partners	venture capital	2004	—	2.9%	1.28x	1.28x
Euro Choice III	Euro Choice	buyout	2006	—	2.9%	1.16x	1.12x
Kohlberg Investors V LP	Kohlberg Investors	buyout	2004	—	2.9%	1.19x	1.19x
Kleiner Perkins Caufield & Byers VIII	Kleiner Perkins	private equity	1996	—	2.9%	17.00x	16.50x
Kleiner Perkins Caufield & Byers Vlll	Kleiner Perkins	private equity	1996	—	2.9%	17.00x	16.50x
Boston Ventures VII, L.P.	Boston Ventures Management	venture capital	2007	—	2.8%	1.20x	1.20x
Actis Global 4, L.P.	Actis	buyout	2012	—	2.8%	1.10x	0.90x
Irving Place Capital Partners III	Irving Place	buyout	2006	—	2.8%	1.15x	1.15x
Boston Ventures V, L.P.	Boston Ventures Management	venture capital	1996	—	2.8%	1.10x	1.13x
ASP 2015 Direct Fund	—	private equity	2015	—	2.8%	1.21x	0.25x
Sinovation Fund IV, L.P.	Sinovation Ventures	venture capital	2018	—	2.7%	1.14x	0.00x
ClearVue OPERF	ClearVue Partners	buyout	2019	—	2.7%	1.13x	0.03x
ACON Equity Partners 3.5	Acon Investments	buyout	2012	—	2.7%	1.13x	1.11x
Aberdare Ventures III, LP	Aberdare Ventures	venture capital	2005	—	2.7%	1.17x	0.98x
Liberty Partners Pool V	Liberty	buyout	1999	—	2.7%	1.14x	1.14x
Triumph Conn Ltd Partnership	Triumph	buyout	1993	—	2.7%	1.10x	1.10x
General Atlantic Investment Partners 2021, L.P.	General Atlantic	buyout	2021	—	2.7%	—	—
One Rock Capital Partners II, LP	One Rock Capital Partners	buyout	2017	—	2.7%	1.26x	0.54x
H.I.G. Strategic Partners Fund II, L.P. OPPM	H.I.G. Capital	growth equity	—	—	2.7%	1.15x	0.29x
H.I.G. Strategic Partners Fund II, L.P. PD	H.I.G. Capital	growth equity	—	—	2.7%	1.15x	0.29x
Aurora Ventures V, LLC	Aurora	venture capital	2005	—	2.6%	1.20x	1.20x
Cypress Merchant Banking Partners, LP	Cypress Realty	buyout	1995	—	2.6%	1.20x	1.21x
AACP China Venture Investors A, LP	Acp	venture capital	2008	—	2.6%	1.20x	1.20x
Snow Phipps II	Snow Phipps	buyout	2010	—	2.6%	1.10x	1.10x
Snow Phipps II, L.P.	Snow Phipps	buyout	2010	—	2.6%	1.10x	1.10x
Asia Pacific Trust	Asia Pacific Trust	buyout	1990	—	2.6%	1.18x	1.18x
BankCap Partners Fund I	BankCap Partners	buyout	2007	—	2.6%	1.30x	1.25x
Vestar Capital Partners III, L.P.	Vestar Capital Partners	buyout	1997	—	2.6%	1.14x	1.14x
WestCap Strategic Operator Fund II	WestCap	buyout	2021	—	2.6%	1.10x	0.02x
Water Strc't. Healthcare Partners II, L.P.	Water Street Healthcare Partners	private equity	2008	—	2.6%	—	1.13x
TA Select Opps Fund II A, L.P.	TA Select Opps	buyout	2021	—	2.5%	1.05x	—
Blue Run Ventures V, LP	BlueRun Ventures	venture capital	2014	—	2.5%	1.23x	0.37x
Sherpa Healthcare Fund II	Sherpa Healthcare Partners	buyout	2021	—	2.5%	1.08x	0.10x
Clayton, Dubilier & Rice Fund VII	Clayton Dubilier & Rice	buyout	2005	—	2.5%	1.12x	1.12x
Cross Atlantic Technology Fund, L.P.	Cross Atlantic Capital Partners	venture capital	1999	—	2.5%	1.20x	1.19x
Pharos II-A	Pharos Capital Group	buyout	2005	—	2.5%	1.27x	0.64x
Charl.,..hank Equity Fund VII, L.P.	Charlesbank Capital Partners	private equity	2009	—	2.4%	—	1.02x
ARCH VENTURE FUND VI LP	ARCH Venture Partners	venture capital	2003	—	2.4%	1.24x	1.24x
Adams Street 2015 Direct Venture/Growth Fund	Adams Street Partners	growth equity	2014	—	2.4%	1.20x	0.26x
Quaker BioVentures II, L.P.	Quaker BioVentures	venture capital	2007	—	2.4%	1.12x	1.11x
Bridgepoint Europe III 'D' LP	Bridgepoint	co investment	2005	—	2.4%	1.22x	1.19x
Bridgepoint Europe III, L.P.	Bridgepoint	buyout	2005	—	2.4%	1.20x	1.19x
Insight Partners Fund XII, L.P.	Insight Partners	growth equity	2021	—	2.4%	1.07x	0.00x
New Enterprise Associates 10, L.P.	New Enterprise Associates (NEA)	venture capital	2000	—	2.3%	1.20x	1.13x
ACON Equity Partners III, L.P.	Acon Investments	buyout	2012	—	2.3%	1.09x	—
AEW Camel Square	AEW	buyout	2002	—	2.3%	1.30x	1.32x
GGV Discovery I	GGV Discovery	venture capital	2016	—	2.3%	1.18x	0.07x
Merced Partners IV	Merced Capital	buyout	2013	—	2.3%	1.12x	1.09x
Eureka IV	Eureka	buyout	2019	—	2.3%	1.06x	0.13x
Clayton, Dubilier & Rice Fund V, L.P.	Clayton Dubilier & Rice	buyout	1995	—	2.3%	1.20x	1.17x
TA Select Opportunities Fund II, L.P.	TA Associates	growth equity	2021	—	2.3%	1.05x	0.00x
Blkrk Tcp Ss Fund IX	BLKRK TCP SS	buyout	—	—	2.3%	—	—
Livingbridge 7 LP	Livingbridge	buyout	2021	—	2.2%	1.08x	0.17x
Segulah IV, L.P.	Segulah	buyout	2007	—	2.2%	1.06x	1.06x
Pharos Capital Partners II-A	Pharos Capital Group	buyout	2004	—	2.2%	1.23x	0.64x
Project Jaguar	—	buyout	2021	—	2.2%	1.10x	0.00x
Project Sync	—	buyout	2011	—	2.2%	1.08x	1.08x
Hastings Equity Co-Invest RI, L.P.	Hastings	co investment	2020	—	2.2%	1.06x	0.00x
SV7 Growth Fund, L.P.	SV7	growth equity	2021	—	2.2%	1.05x	0.00x
Vida Ventures II	Vida Ventures	venture capital	2019	—	2.1%	1.08x	0.63x
Milestone Partners III	Milestone	buyout	2008	—	2.1%	1.15x	1.15x
GGV VII	Notable Capital	venture capital	2018	—	2.1%	1.11x	0.05x
Riverside Fund VI, L.P.	The Riverside Company	buyout	2019	—	2.1%	1.09x	0.02x
Angeleno Investors II, L.P.	Angeleno Group	venture capital	2006	—	2.1%	1.16x	1.09x
Ethos Private Equity Fund V, L.P.	Ethos Private Equity	buyout	2006	—	2.0%	1.10x	1.10x
Pantheon Global Secondary Fund III 'B' L.P.	Pantheon Ventures	secondaries	2006	—	2.0%	1.12x	1.10x
Technology Impact Fund II	Technology Impact	growth equity	2021	—	2.0%	1.05x	0.02x
Dlj Recp IV	Dlj Recp	buyout	2008	—	2.0%	1.06x	0.84x
AACP AP Investors, L.P.	Asia Alternatives Management	buyout	2007	—	2.0%	1.13x	1.13x
GGV VIII	Notable Capital	venture capital	2020	—	2.0%	1.06x	0.02x
Orion Fund I, L.P.	Orion	buyout	2004	—	2.0%	1.10x	0.70x
Vance Street Capital IV, L.P.	Vance Street Capital	buyout	2024	—	2.0%	1.02x	0.00x
Summit Prtnrs Growth Eqty XI A	Summit Partners	growth equity	2022	—	2.0%	1.03x	0.01x
AG Growth Capital Partners I (R), LP	Angelo Gordon	growth equity	2008	—	2.0%	1.17x	1.23x
Materia Ventures, L.P.	Material Impact	venture capital	1986	—	1.9%	1.20x	1.20x
Pantheon Global III	Pantheon Ventures	fund of funds	2006	—	1.9%	1.11x	1.10x
Pantheon USA III	Pantheon Ventures	fund of funds	1998	—	1.9%	1.12x	1.12x
AACP India Venture Investors A	Acp	venture capital	2007	—	1.9%	1.13x	1.12x
SFERS Co-Investment Portfolio	SFERS Co	co investment	—	—	1.9%	1.90x	—
Goode Partners Consumer Fund I, L.P.	Goode	buyout	2007	—	1.9%	1.10x	1.10x
PENNYBACKER V LP	Pennybacker	buyout	—	—	1.9%	1.07x	0.16x
The Fifth Alcuin Fund Limited Partnership	Alcuin Capital	private equity	2021	—	1.9%	1.06x	0.10x
NEA 18 Venture	New Enterprise Associates (NEA)	venture capital	2022	—	1.8%	1.03x	0.00x
Summit Partners Co-Invest (CS)	Summit Partners	growth equity	2021	—	1.8%	1.07x	—
RNT Associates	TA Associates	growth equity	2016	—	1.8%	1.11x	0.50x

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).