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
New York Life Capital Partners I, L.P.	New York Life	buyout	1999	—	1.8%	1.11x	1.11x
Atlantic Equity Partners IV	Atlantic Street	buyout	2006	—	1.8%	1.21x	1.21x
DoubleLine Opportunistic Income LP	DoubleLine Capital	buyout	2017	—	1.8%	0.24x	—
GGV Capital VIIr	Notable Capital	venture capital	2019	—	1.8%	1.10x	0.05x
ERA Blade Continuation Fund LP	—	secondaries	—	—	1.8%	1.02x	—
John Hancock Venture Capital Fund, L.P.	John Hancock	venture capital	1983	—	1.7%	1.10x	1.13x
Crestview Partners III, L.P.	Crestview Partners	buyout	2013	—	1.7%	1.06x	0.62x
Huff Alternative Fund	The Huff Companies	buyout	2000	—	1.7%	1.20x	1.25x
North Haven Private Equity Asia IV	North Haven Private	buyout	2013	—	1.7%	1.09x	0.79x
POLARIS VENTURE PARTNERS IV LP	Polaris Partners	venture capital	2001	—	1.7%	1.12x	1.12x
Evergreen II, L.P.	Evergreen Venture Partners	buyout	1984	—	1.7%	1.10x	1.11x
KRG Capital Fund III	KRG	buyout	2005	—	1.7%	1.09x	1.09x
PIMCO BRAVO Fund Onshore Feeder I	PIMCO Europe	fund of funds	2014	—	1.6%	1.02x	1.01x
Baring Vostok Private Equity Fund IV L.P. / Supplemental	Baring Vostok Capital Partners	growth equity	2007	—	1.6%	1.09x	1.08x
Clearwater Capital Partners Fund III, L.P.	Clearwater Capital Partners	buyout	2006	—	1.6%	1.11x	1.04x
New York/Fairview Emerging Managers (Tranche A), L.P.	Fairview Capital Partners	buyout	2004	—	1.6%	1.10x	1.08x
Fortress Investment Fund III PIK	Fortress Investment Group	co investment	2009	—	1.5%	5.00x	1.53x
GCM Grosvenor - NC Investment Fund	GCM Grosvenor	fund of funds	2008	—	1.5%	1.14x	0.34x
HIPEP VI-Emerging Markets Fund, L.P.	HIPEP	buyout	2009	—	1.5%	1.10x	0.78x
Advent Latin American Private Equity Fund V, L.P.	Advent International	buyout	2010	—	1.5%	1.10x	0.90x
Bain Capital Ventures 2021	Bain Capital Ventures	venture capital	2020	—	1.5%	1.05x	0.00x
Carlyle Asia Growth Partners IV LP	Carlyle Group	growth equity	2008	—	1.5%	1.08x	0.98x
Bridgepoint Europe III	Bridgepoint	buyout	2005	—	1.5%	1.11x	1.11x
Institutional Venture Partners VIII	IVP (Institutional Venture Partners)	buyout	1998	—	1.5%	1.07x	1.07x
Project Storm	—	buyout	2014	—	1.5%	1.13x	1.13x
Great Hill Part VIII	Great Hill Partners	buyout	2021	—	1.5%	—	—
Levine Leichtman Private Capital Solutions II, L.P.4	Levine Leichtman	buyout	2012	—	1.5%	1.05x	1.05x
Hastings Equity Co-Investment	Hastings	co investment	2021	—	1.4%	1.06x	0.07x
WCA&S XI	WCAS	growth equity	—	—	1.4%	—	—
Khosla Ventures Seed, L.P.	Khosla Ventures	venture capital	2009	—	1.4%	1.18x	0.21x
Advent Latin America Private Equity Fund V-H L.P.	Advent International	buyout	2010	—	1.4%	1.08x	0.58x
Mid Mrkt I	Lexington Partners	co investment	—	—	1.4%	—	—
Conn Greene Ventures LP	Conn Greene	venture capital	1993	—	1.4%	1.00x	1.00x
Accel-KKR Growth Capital Partners IV	Accel-KKR	growth equity	2022	—	1.4%	1.03x	0.00x
AEW Value Investors Asia III	AEW	buyout	2018	—	1.4%	1.07x	0.53x
WL Ross - Private Equity	WL Ross - Private	buyout	—	—	1.4%	—	—
Vega Partners III	General Atlantic	buyout	1996	—	1.3%	1.10x	1.08x
Crv Select Fund I LP	Crv Select	venture capital	2021	—	1.3%	1.04x	0.00x
Levine Leichtman Private Capital Solutions II, L.P.	Levine Leichtman	buyout	2012	—	1.3%	1.00x	1.04x
Castle Harlan Partners III	Castle	buyout	1997	—	1.3%	1.05x	1.05x
Inflexion Partnership Capital Fund III (No. 1) Limited Partnership	Inflexion	buyout	2024	—	1.3%	1.00x	0.00x
Levin Leichtman Private Capital Solutions II, L.P.	Levine Leichtman	buyout	2012	—	1.3%	1.04x	1.04x
2015 Direct Venture/Growth Fund	—	growth equity	2015	—	1.3%	1.08x	0.23x
Sequoia Capital China Seed Fund I	Sequoia Capital	venture capital	2018	—	1.2%	7.00x	0.00x
McCarthy Capital Fund VIII	McCarthy Capital	buyout	2023	—	1.2%	1.01x	0.02x
HongShan China Growth VI	HongShan Capital Group	growth equity	2020	—	1.2%	1.04x	0.01x
Fortress Investment Fund III, L.P.	Fortress Investment Group	co investment	2004	—	1.2%	1.10x	1.07x
SKM Equity Fund II	SKM	buyout	1997	—	1.2%	1.15x	1.15x
The SKM Equity Fund II, L.P.	SKM	buyout	1996	—	1.2%	1.16x	0.48x
Angeleno Investors III	Angeleno Group	venture capital	2009	—	1.2%	1.36x	1.00x
DFJ Mercury Fund II, L.P.	Dfj Mercury	venture capital	2008	—	1.2%	1.10x	0.78x
Horizon Capital Fund 2013 A LP	Horizon Capital	private equity	2013	—	1.2%	1.06x	0.25x
Enhanced Equity Fund, L.P.	Enhanced	buyout	2006	—	1.2%	1.07x	1.07x
Raine Partners III	Raine	buyout	2018	—	1.2%	1.05x	0.06x
Brighton Park Capital Fund II	Brighton Park Capital	growth equity	2022	—	1.1%	1.04x	0.18x
Carlyle Japan Partners II, L.P.	Carlyle Group	buyout	2006	—	1.1%	1.06x	1.05x
DRA Growth and Income Master Fund XI, LLC	DRA Advisors	growth equity	2022	—	1.1%	1.01x	0.02x
Sequoia Capital India Seed Fund I	Sequoia Capital	venture capital	2019	—	1.1%	6.00x	0.00x
Huff Alternative Fund 2	The Huff Companies	buyout	2000	—	1.1%	1.08x	0.82x
Rizvi Opportunistic Equity Fund II	Rizvi Traverse Management	private equity	2010	—	1.0%	1.05x	0.95x
Hummer Winblad Venture Partners III	Hummer Winblad Venture Partners	venture capital	1997	—	1.0%	1.04x	1.04x
Riverstone-Carlyle RAE Fund II	Riverstone/Carlyle Global Energy & Power	buyout	2008	—	1.0%	1.05x	1.05x
A.V. Management IV, LLC	A.V.	buyout	2002	—	1.0%	—	—
Franklin Fairview I, L.P.	Franklin Fairview	buyout	1997	—	1.0%	1.16x	1.16x
Warburg Pincus Private Equity X - 10	Warburg Pincus	growth equity	2007	—	0.9%	—	—
HPC GPFS Co-Invest (Zilker), L.P.	—	co investment	—	—	0.9%	1.01x	—
Warburg Pincus Private Equity X - 50	Warburg Pincus	growth equity	2007	—	0.9%	—	—
Francisco Agility III	Francisco Partners	buyout	2022	—	0.9%	—	—
HG Saturn 3 Fund LP	Hg Capital	buyout	2022	—	0.9%	1.01x	—
Sequoia Capital U.S. Venture Fund XVI	Sequoia Capital	venture capital	2018	—	0.9%	4.00x	0.00x
Warburg Pincus Private Equity X - 40	Warburg Pincus	growth equity	2007	—	0.9%	—	—
Tenaya Capital VI, L.P.	Tenaya Capital	buyout	2012	—	0.9%	1.09x	0.53x
Aisling Capital II, L.P.	Aisling Capital	venture capital	2005	—	0.9%	1.06x	0.99x
Gores Capital Partners III LP	Gores	buyout	2010	—	0.9%	1.03x	1.03x
MOUNT KELLETT CAPITAL PARTNERS II LP	Mount Kellett	buyout	2011	—	0.9%	1.03x	0.98x
Trinity River Holdings	Trinity	buyout	—	—	0.9%	1.00x	—
TPG Financial Partners, L.P.	TPG	buyout	2008	—	0.8%	1.04x	1.04x
Craft Ventures IV, L.P.	Craft Ventures	venture capital	2022	—	0.8%	1.01x	0.00x
Orchid Asia VI	Orchid Asia	buyout	2014	—	0.8%	1.04x	0.56x
Levine Leichtman Capital Partners Deep Value Fund	Levine Leichtman	buyout	2005	—	0.8%	1.03x	1.03x
Kildare European Partners II, L.P.	Kildare European	buyout	2018	—	0.8%	1.02x	0.45x
Constitution Fund V, LLC Series E	Constitution	buyout	2020	—	0.8%	1.00x	0.00x
Fletcher Spaght Ventures Fund II, L.P.	Fletcher Spaght, Inc.	venture capital	2007	—	0.7%	1.07x	0.48x
Intersouth Partners II, L.P.	Intersouth	venture capital	1988	—	0.7%	—	—
StepStone SYN	Stepstone Group	buyout	2006	—	0.7%	—	—
Levine Leichtman Deep Value Fund	Levine Leichtman	buyout	2006	—	0.7%	1.03x	1.18x
Chisholm Partners IV, L.P.	Chisholm	buyout	1999	—	0.7%	1.06x	1.06x
WCAS XIV, L.P.	WCAS	buyout	2022	—	0.7%	1.01x	0.00x
Shasta Ventures, L.P.	Shasta Ventures	venture capital	2005	—	0.7%	1.05x	1.05x
Bain Capital Venture Coinvestment Fund III	Bain Capital Venture	co investment	2021	—	0.7%	1.02x	0.05x
Levine Leichtman Capital Deep Value Fund	Levine Leichtman	buyout	2006	—	0.7%	1.00x	1.03x
Co-Investment Fund II, L.P.	—	co investment	2005	—	0.7%	1.07x	1.07x
Institutional Venture Partners VIII, L.P	IVP (Institutional Venture Partners)	buyout	1998	—	0.7%	1.03x	1.02x
Frazier Healthcare IV, L.P.	Frazier Healthcare Partners	buyout	2001	—	0.7%	1.00x	1.04x
Ind Vent - Prt Hold 3-a	IND VENT - PRT HOLD	venture capital	—	—	0.7%	—	—
Quintana Energy I, L.P.	QUINTANA RESOURCES HOLDINGS LP	co investment	2006	—	0.6%	—	—
Burrill Life Sciences Capital Fund III, L.P.	Burrill & Company	venture capital	2005	—	0.6%	—	—
Clean Tech Private Equity II Co-Investments LP	Clean Tech Private	buyout	2008	—	0.6%	—	—
Clean Tech Private Equity II LP	Clean Tech Private	buyout	2008	—	0.6%	—	—
Aisling Capital II	Aisling Capital	venture capital	2006	—	0.6%	1.04x	1.04x

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).