/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.

7,716 fundsas of December 2025
FundManagerStrategyVintageCommittedNet IRRTVPIDPI
RidgemontRidgemont Equitybuyout2021——1.12x0.00x
Ridgemont Equity Partners IVRidgemont Equitybuyout2023——1.11x0.00x
Saw Mill Capital Partners III, L.P.Saw Millbuyout2022——1.13x0.03x
Shoreline, L.P.Shorelineco investment2024——0.99x0.00x
Silver Creek Aggregate Reserves FundSilverbuyout2018——1.51x0.36x
Silver Creek Aggregate Reserves Fund NRSilverbuyout2018——1.15x0.09x
Siris Partners IV LPSirisbuyout2019——1.30x0.35x
KCP III Eq PlusSKCPbuyout———0.87x0.87x
Snow Phipps III, LPSnow Phippsbuyout2016——1.81x1.36x
Spark Capital Growth Fund VSparkgrowth equity2023——1.10x—
Spark Capital VIIISparkventure capital2023——1.00x—
Strategic Partners Fund III RE, L.P. Real EstateStrategicsecondaries2005——0.60x0.63x
Strategic Partners Fund III VC, L.P. Private EquityStrategicsecondaries2005——1.30x1.31x
Strategic Partners Fund III-B, L.P. Private EquityStrategicsecondaries2005——1.30x1.34x
Strategic Partners Fund IV RE, L.P. Real EstateStrategicsecondaries2008——1.00x1.00x
Strategic Partners Fund IV VC, L.P. Private EquityStrategicsecondaries2008——1.40x1.39x
Strategic Partners Fund IV, L.P. Private EquityStrategicsecondaries2008——1.60x1.61x
Strategic Partners Fund V, L.P. Private EquityStrategicsecondaries2011——1.60x1.64x
Summer Street Capital III, LPSummer Streetbuyout2012——1.49x1.41x
Summer Street Capital NYS Fund II, LPSummer Streetbuyout2006——0.66x0.65x
Summer Street Capital NYS Fund III, LPSummer Streetbuyout2012——2.23x2.22x
Supreme (S) LLCSupreme (S) LLCbuyout2020——0.23x0.07x
T-IX Jade Co-Invest LPT-IXbuyout2025——1.00x0.00x
TDR Capital VTDRbuyout2023——0.98x0.00x
Tenzing Private Equity IITenzing Privatebuyout———1.47x0.50x
Tenzing Private Equity IIITenzing Privatebuyout———0.84x0.00x
Thompson Street Capital IIThompson Street Capital Partnersbuyout2006——1.96x1.96x
Thompson Street Capital IIIThompson Street Capital Partnersbuyout2011——1.91x1.91x
Thompson Street Capital IVThompson Street Capital Partnersbuyout2016——2.78x2.32x
Thompson Street Capital VThompson Street Capital Partnersbuyout2018——1.79x1.08x
Thompson Street Capital VIThompson Street Capital Partnersbuyout2022——1.04x0.07x
Three Pillars Secondaries Fund, LPThree Pillars Flexsecondaries2024——1.75x0.32x
Tillridge Global Agribusiness Partners II PETillridge Global Agribusinessbuyout2016——0.81x0.01x
TowerBrook Investors VI (Onshore), L.P.TowerBrookbuyout2023——1.11x0.00x
TowerBrook Project Wings Co-Invest, L.P.TowerBrook Project Wings Co-Invest, L.Pbuyout2025——1.00x0.00x
Treaty Oak Fund L.P.Treaty Oakbuyout———1.10x1.10x
Trilantic Capital Partners V (North America), L.P.Trilanticbuyout2012——1.40x1.20x
Trilantic Capital Partners VITrilanticbuyout2019——1.22x0.39x
TRF VI Co-Investment SMA IITrpfco investment2023——0.97x—
TSG Consumer Partners 9TSGbuyout2022——0.93x0.06x
Turning Rock Fund IITurning Rockbuyout2021——1.19x0.44x
Turning Rock Fund IIITurning Rockbuyout2024——1.07x0.44x
Typhoon Co-Investment L.P.Typhoon Coco investment2024——1.22x0.00x
Warren EquityWarrenbuyout2021——1.00x0.03x
WCAS FUND XIIIWCASbuyout———1.30x—
WCAS XIIWCASbuyout2009——1.65x—
WCAS XIV N Co-Invest, L.P.WCASbuyout2022——1.47x1.47x
Weathergage Venture Capital IWeathergageventure capital2007——2.84x2.16x
Weathergage Venture Capital IIWeathergageventure capital2011——4.05x2.88x
Weathergage Venture Capital IVWeathergageventure capital2016——2.47x0.43x
Welsh, Carson, Anderson & Stowe XIV N Co-InvestWelsh, Carson, Anderson & Stowebuyout2022——1.47x1.47x
Welsh, Carson, Anderson & Stowe XIV, L.P. Side CarWelsh, Carson, Anderson & Stowebuyout2022——1.14x—
Welsh, Carson, Anderson & Stowe XIV, L.P. Side Car N/AWelsh, Carson, Anderson & Stowebuyout2022——1.18x1.18x
WEP IV TreeCo Co-InvestWEPco investment2025——1.10x0.00x
WEP ELIDO I Pond Co-Investment, L.P.WEP ELIDOco investment2024——0.97x0.00x
Wheatley New York Partners, LPWheatley New Yorkventure capital2002——1.28x1.23x
Wigeavenmore Co-Investment LPWigeavenmore Coco investment2024——1.35x0.00x
Wigmore Street BDC IV Co-Investment No.2, LPWigmore Street (BDCco investment2020——1.09x0.00x
Wigmore Street Co-Investment No. 3, LPWigmore Street (BDCco investment2015——2.47x1.93x
Wigmore Street VI Co-Investment No. 3, LPWigmore Street (BDCco investment2018——1.78x0.28x
WR Riviera Co-Invest, LPWR Riviera Co-Invest, LPbuyout2025——1.19x0.00x
Wynnchurch Capital Partners V PEWynnchurchbuyout2020——1.28x—
Wynnchurch Capital Partners VI, L.P.Wynnchurchbuyout2023——1.14x0.00x
Yorkshire and Humber Equity FundYork Distressedco investment———0.69x0.69x
Yorkshire Investors 3/ Spirit Capital IYork Distressedco investment———1.35x1.35x
26N Jupiter Co-Investment Partners LP26N Jupiter Coco investment2024——0.98x0.00x
AC Side Fund III, LP—buyout2021——0.74x0.00x
Access/NY European Middle Market Buyout Fund II, LPAccess Capital Partnersbuyout2011——1.71x1.56x
Access/NY European Middle Market Buyout Fund, LPAccess Capital Partnersbuyout2005——1.26x1.26x
Actis EM IVActisgrowth equity2012——1.11x1.06x
AE Industrial Partners Fund II, L.P.AE Industrial Partnersbuyout2018——2.08x0.86x
AIP Co-Invest 2023B SCSp—fund of funds2023——1.12x0.00x
AIRRO Consolidated—buyout———0.94x0.11x
Alpine Investors Fund VIIAlpine Investorsbuyout———2.65x1.78x
Alpine Investors Fund VIIIAlpine Investorsbuyout———1.46x0.07x
Alpine Investors IXAlpine Investorsbuyout2023——1.11x0.00x
Alpine IXAlpine Investorsbuyout2023——1.10x0.00x
Altor Act IAltorbuyout2024——0.90x0.00x
Altura Capital Fund III, LPAltura Capital Groupbuyout2021——1.16x0.15x
American Industrial Partners Capital Fund VIII, L.P.American Industrial Partnersbuyout2024——1.07x0.04x
American Industrial Partners Fund VIIIAmerican Industrial Partnersbuyout2023——1.20x0.05x
Amulet Capital Fund IIIAmulet Capital Partners, LPbuyout2023——1.00x0.00x
AMZL, LP—buyout2023——0.72x0.00x
Anthelion Fund I, LP—buyout2020——1.26x0.04x
Arbor Investments VI, L.P.Arbor Investmentsbuyout2025——0.94x0.00x
Arcline Capital Partners IV LPArcline Investment Managementbuyout———0.00x0.00x
ARTEMIS INCOME GROWTH CLUB FNDArtemisgrowth equity———0.98x—
Ascent Biomedical Ventures NY I, LPAscent Biomedical Venturesventure capital2005——0.86x0.59x
Ascent Biomedical Ventures NY II, LPAscent Biomedical Venturesventure capital2008——0.29x0.00x
Asia Alternatives Capital Partners IIIAsia Alternatives Managementbuyout2011——1.67x1.38x
Asia Alternatives Capital Partners IV, LPAsia Alternatives Managementbuyout2014——1.60x0.76x
Astorg VIIIAstorgbuyout2022——1.17x0.01x
Astra Partners IAstra Partnersbuyout2017——0.83x0.04x
Astro Co-invest, L.P.Astro Co-invest, L.Pbuyout2025——1.00x0.00x
Audax Private Equity Fund VII-BAudax Groupbuyout2022——0.01x—
Aurora Co-InvestAuroraventure capital2024——1.20x—
AVP XII LPAVP (Aglaé Ventures)buyout2021——1.14x0.00x
AVP XIII LPAVP (Aglaé Ventures)buyout2022——1.15x0.00x
AVP XIV LPAVP (Aglaé Ventures)buyout2025——1.00x0.00x
BCP IX Supplemental Account- NY, L.P.—buyout2024——1.03x0.00x

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).