🦊/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.

7,718 fundsas of December 2025
FundManagerStrategyVintageCommittedNet IRRTVPIDPI
TrueBridge Capital Partners Fund VII, L.P.TrueBridge Capital Partnersfund of funds20010.91x0.00x
TrueBridge Capital Partners Fund VIIITrueBridge Capital Partnersfund of funds20230.97x0.97x
TrueBridge Secondaries ITrueBridge Capital Partnerssecondaries20231.34x0.10x
Sixth Street Cottonwood Strategic Holdings I, L.P.Sixth Streetbuyout20211.00x0.12x
Sixth Street Growth Partners II (A), LPSixth Streetgrowth equity20221.14x0.16x
Sixth Street Madrone Strategic Holdings I, L.P. - Series 1Sixth Streetbuyout20241.05x0.00x
Sixth Street Mid-Stage Growth Partners (A), L.P.Sixth Streetgrowth equity20231.14x0.00x
NEW YORK FAIRVIEW PRIVATE EQUIFairview Capital Partnersbuyout0.00x
ICG CENTRE ST PARTNERSHIPIntermediate Capital Groupfund of funds1.14x
ICG Europe Fund IX SCSpIntermediate Capital Groupbuyout20251.35x
ICG Europe Mid-Market Fund II SCSpIntermediate Capital Groupbuyout20231.17x
ICG Global Co-InvestmentIntermediate Capital Groupco investment20241.00x
ICG Global Loan FundIntermediate Capital Groupbuyout20241.10x
ICG Strategic Equity Co-Investment Fund V-AIntermediate Capital Groupco investment20241.66x1.66x
ICG STRATEGIC EQUITY COINV IIIIntermediate Capital Groupbuyout2.34x
ICG STRATEGIC EQUITY COINV IVIntermediate Capital Groupbuyout1.11x
ICG STRATEGIC EQUITY COINV VIntermediate Capital Groupbuyout1.00x
ICG Strategic Equity Fund VIntermediate Capital Groupfund of funds20231.49x0.00x
ICG Strategic Equity Fund V (USD)Intermediate Capital Groupsecondaries20241.48x0.00x
Barings Private Equity Asia VIIIBaringsbuyout20211.11x
Percheron Capital Fund IIPercheron Capitalbuyout20240.93x0.93x
Percheron Capital Fund II-CI1Percheron Capitalbuyout20241.15x
TPG Asia VTPGbuyout20081.42x1.38x
TPG Asia VIII (A)TPGbuyout20241.13x0.00x
TPG Capital VIII (Healthcare Sidecar)TPGbuyout20190.75x0.00x
TPG GP Solutions (A), L.P.TPGfund of funds20241.12x0.00x
TPG Healthcare Partners II, L.P.TPGbuyout20231.22x0.06x
TPG HEALTHCARE PARTNERS LPTPGbuyout20181.34x0.28x
TPG Life Sciences Innovations, L.P.TPGventure capital20240.71x0.00x
TPG NEXT (A), L.P.TPGfund of funds20251.00x1.00x
Muir Woods Partners, L.P.Muir Woodsco investment20231.58x0.00x
Advent International GPE IX-A SCSPAdvent Internationalbuyout20190.89x
Trive Capital Fund V LPTRIVEbuyout20250.87x0.00x
Triton V US LPTritonbuyout20190.92x
Morgan Creek IIIMorgan Creek Capitalbuyout20150.65x0.07x
Morgan Creek VMorgan Creek Capitalbuyout20131.36x0.89x
Morgan Creek VIMorgan Creek Capitalbuyout20151.62x0.46x
Frazier Life Sciences Public Fund, LPFrazier Healthcare Partnersbuyout20211.47x0.37x
Frazier Life Sciences Public Overage FundFrazier Healthcare Partnersbuyout20221.28x0.17x
Milestone Partners III, L.P. Private EquityMilestonebuyout20081.10x1.15x
Milestone Venture Partners III New York, LPMilestoneventure capital20070.94x0.94x
WESTBROOK FUND XIWestbrook Partnersbuyout1.05x
WESTBROOK X CO INVESTWestbrook Partnersco investment0.65x
Blackrock Growth Equity Fund IBlackRockgrowth equity1.19x0.09x
Q-BLK Private Capital III (Offshore)BlackRockbuyout1.81x1.81x
Firstmark Capital Fund IFirstMark Capitalventure capital200510.63x8.24x
Firstmark Capital Fund IIFirstMark Capitalventure capital20111.66x0.89x
Firstmark Capital Fund IIIFirstMark Capitalventure capital20142.85x2.23x
FirstMark Capital Fund IVFirstMark Capitalventure capital20172.31x1.75x
FirstMark Capital Fund VFirstMark Capitalventure capital20201.45x0.09x
Firstmark Capital Opportunity Fund IFirstMark Capitalventure capital20141.83x1.45x
FirstMark Capital Opportunity Fund IIFirstMark Capitalventure capital20182.30x1.66x
FirstMark Capital Opportunity Fund IIIFirstMark Capitalventure capital20200.78x0.75x
FirstMark Capital Opportunity Fund IVFirstMark Capitalventure capital20230.91x0.91x
FirstMark Capital VIFirstMark Capitalbuyout20230.98x0.05x
Eagle Tree Partners VI, LPEaglefund of funds20231.31x0.39x
Shamrock Capital Growth Fund VI, L.P.Shamrock Capitalgrowth equity20240.04x0.00x
Prysm Capital Fund I, L.P.Prysm Capitalbuyout20211.03x0.00x
Prysm Capital Fund II-C, L.P.Prysm Capitalbuyout20241.50x0.00x
The Rise Fund IIThe Rise Fundgrowth equity20191.32x0.00x
Lexington Capital Partners III, LPLexington Partnerssecondaries19981.26x1.26x
Lexington Capital Partners VII (Offshore)Lexington Partnerssecondaries20101.61x1.59x
Lexington Co Invest IVLexington Partnerssecondaries1.81x1.01x
Lexington Co-Investment Partners IIILexington Partnersco investment1.86x1.66x
Lexington Co-Investment Partners VI-F, L.P.Lexington Partnersco investment20251.16x0.00x
LEXINGTON IXLexington Partnerssecondaries1.40x
Lexington Middle Market Investors II, L.P.Lexington Partnerssecondaries20081.82x1.80x
Lexington Middle Market Investors III LPLexington Partnerssecondaries20131.79x1.43x
Lexington VILexington Partnerssecondaries20051.40x1.39x
H.I.G. Capital Partners VIIH.I.G. Capitalgrowth equity20250.40x
H.I.G. Growth Buyouts & Equity Fund III PEH.I.G. Capitalgrowth equity20180.82x
H.I.G. Meraki Co-InvestmentH.I.G. Capitalgrowth equity20241.50x
H.I.G. Middle Market IV Co-investment SMA (C), LPH.I.G. Capitalgrowth equity20231.16x0.00x
H.I.G. Middle Market LBO Fund III PEH.I.G. Capitalbuyout20190.94x
H.I.G. Middle Market LBO Fund IVH.I.G. Capitalbuyout20220.60x0.03x
H.I.G. Starlite-A Co-InvestmentH.I.G. Capitalgrowth equity20251.00x
HIG Europe Middle Market LBO Fund II (Cayman)H.I.G. Capitalbuyout20250.00x
A&M CAPITAL EUROPE (AMCE)Alvarez & Marsal Capitalbuyout1.47x0.06x
A&M Capital Partners IIIAlvarez & Marsal Capitalbuyout20211.37x0.06x
Arlington Capital Partners VI, L.P.Arlington Capital Partnersbuyout20231.15x0.05x
Arlington Capital Partners VII, L.P.Arlington Capital Partnersbuyout20250.00x0.00x
Bain Capital Asia Fund VBain Capitalbuyout20231.23x0.12x
Bain Capital Europe Fund VI, SCSpBain Capitalbuyout20231.12x0.00x
Bain Capital Fund XI-A, L.P. Private EquityBain Capitalco investment20141.90x1.86x
Bain Capital Life Sciences Fund IV. L.P.Bain Capital Life Sciencesventure capital20240.00x0.00x
Bain Capital Venture Fund 2022, L.P.Bain Capital Ventureventure capital20231.27x0.00x
Partners Group Asia-Pacific 2007Partners Groupbuyout1.31x1.30x
Permira VIII-2 SCSpPermirabuyout20231.12x0.02x
Carlyle Asia Partners Growth IICarlyle Groupgrowth equity20210.82x
Carlyle Asia Partners V PECarlyle Groupbuyout20171.38x0.28x
CARLYLE PARTNERS VI CO INVESTCarlyle Groupbuyout0.71x
Graycliff PE Part VGraycliff Partnersbuyout20231.00x0.00x
Graycliff Private Equity Partners III (NYS), LPGraycliff Partnersbuyout20143.30x3.28x
Onex Partners III LPOnex Corporationbuyout20081.69x1.56x
Onex Partners VOnex Corporationbuyout20171.50x0.22x
Onex Partners V PEOnex Corporationbuyout20171.19x0.10x
Vertu Partners Fund I, LPVertu Capitalbuyout20221.02x0.00x
HarbourVest 2023 GlobalHarbourVest Partners (Canada)venture capital20231.16x0.00x
HARBOURVEST CENTRE ST COINVHarbourVest Partners (Canada)fund of funds1.18x
Harbourvest Co-Invest IV AIFHarbourVest Partners (Canada)fund of funds1.81x1.20x

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).