Fundraising Fox

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
AllPrivate equityPrivate creditReal assetsOpportunistic
FundManagerStrategyVintageCommittedNet IRRTVPIDPI
KKR Real Estate Partners Europe IIKohlberg Kravis Robertsreal estate equity2019—1.3%1.03x0.27x
Blue Owl Capital Corporation IIIBlue Owl Capitalreal estate equity2020—1.3%—1.28x
North Star Investment Co-InvestNorthinfrastructure2013—1.2%——
L&B Realty Advisors KO OlinaL&B Realty Advisors KO Olinareal estate equity2008—1.2%1.10x1.07x
Lubert-Adler Recovery and Enhancement Capital FundLubert-Adlerreal estate equity2021—1.2%1.03x0.11x
BTG Pactual TimberlandBTG Pactualnatural resources2004—1.2%1.16x1.10x
Blackstone SP NCRASMA (Overage)The Blackstone Groupinfrastructure2015—1.1%——
Jade Real Assets Fund, L.P.Jadeinfrastructure2014—1.1%——
Fillmore West Fund, L.P.Fillmore Capitalreal estate equity2008—1.1%1.08x1.08x
GSO Energy Partners - B LPThe Blackstone Groupnatural resources2013—1.1%——
ArcLight Shore Co-Investments Holdings II, LLC—infrastructure2013—1.1%——
Hancock Timberland VIII, L.P.Hancock Natural Resource Groupnatural resources2006—1.1%1.15x1.15x
Encap Energy Capital Fund VIIIEnCap Energy Capitalnatural resources2010—1.1%1.07x1.03x
Riverstone Global Energy and Power Fund VI, L.P.Riverstone Global Energy and Powernatural resources2016—1.1%1.04x0.77x
EIG Energy Fund XVEIG Global Energy Partnersnatural resources2010—1.1%1.05x1.03x
Blackstone SP NCRASMAThe Blackstone Groupinfrastructure2014—1.1%——
EIG Energy XV, L.P.EIG Global Energy Partnersnatural resources2010—1.1%1.05x1.03x
MTP Energy Opportunities Fund LPMagnetar Capitalnatural resources2013—1.0%——
NCL Investments, L.P. - RE SeriesNCL Investmentsinfrastructure2014—1.0%——
Hancock Timberland VII, L.P.Hancock Natural Resource Groupnatural resources2005—1.0%1.12x1.12x
MTP Energy Opportunities Fund II LLCMagnetar Capitalnatural resources2015—1.0%1.34x1.33x
Brookfield Infrastructure Fund II-B, L.P.Brookfield Asset Managementinfrastructure2013—1.0%——
RXR NC Development Partners LPRXR Realtyreal estate equity2022—1.0%——
CT Real Assets Co-Investment Fund LP (Class A Real Estate)Ct Real Assets Coreal estate equity2022—1.0%——
Blackstone NC Property Partners, L.P.The Blackstone Groupreal estate equity2014—1.0%——
LaSalle Real Estate Debt Strategies II, L.P.LaSallereal estate debt2014—1.0%——
Blackstone Granite Fund - Class B - Commodity PodThe Blackstone Groupinfrastructure2014—1.0%——
American Value Partners Fund I, L.P.American Value Partnersreal estate equity2006—0.9%——
MTP Energy Fund LPMagnetar Capitalnatural resources2013—0.9%——
Value Enhancement Fund IV, L.P.—real estate equity1999—0.9%——
Orion Mine Finance Fund IOrion Resource Partnersnatural resources2012—0.9%——
BlackRock TIPS IndexBlackRockinfrastructure2015—0.9%——
Quintana Energy Partners II, L.P.QUINTANA RESOURCES HOLDINGS LPnatural resources2008—0.9%——
Lbj Infrastructure Group Holding Llc Lbj—infrastructure——0.9%1.04x—
Highstar Capital III, L.P.Highstar Capitalinfrastructure2007—0.9%1.07x1.07x
Rockpoint Real Estate Fund II, L.P.Rockpointreal estate equity2005—0.9%——
MS Global RE SecuritiesMorgan Stanleyreal estate equity2007—0.8%1.07x1.07x
STAG Investments II, LLC—real estate equity2005—0.8%——
Penwood CSIP I, L.P.Penwood Real Estate Investment Managementreal estate equity2005—0.8%——
Vermillion Celadon—infrastructure2011—0.8%——
NCL Investments, L.P. - RA SeriesNCL Investmentsinfrastructure2014—0.8%——
Sheridan Production Partners I, L.P.Sheridan Prodtninfrastructure2007—0.7%8.00x0.71x
Ridgewood Water Strategic Infrastructure Fund II, LPRidgewood Waterinfrastructure2022—0.7%1.01x0.18x
DLJ Real Estate Capital Partners I, L.P. (Closed)DLJ Real Estate Capital Partnersreal estate equity1995—0.7%1.00x—
EIG Energy Fund XVII LPEIG Global Energy Partnersnatural resources2017—0.7%——
DLJ Real Estate Capital Partners III, L.P.DLJ Real Estate Capital Partnersreal estate equity2005—0.6%——
North Star Investment Holdings LLC Series IIINorthinfrastructure2021—0.6%1.83x0.30x
Frogmore Real Estate Partners I, L.P.Frogmorereal estate equity2005—0.6%——
Patria Brazil Real Estate Fund IIPatria Investmentsreal estate equity2010—0.6%——
Enervest Energy Institutional Fund X-b, LPEnerVestnatural resources2005—0.6%1.02x1.02x
Blackstone Granite Fund - Class A - Resources SelectThe Blackstone Groupinfrastructure2011—0.6%——
Benson Elliot Real Estate Partners II, L.P.BENSON ELLIOTreal estate equity2006—0.6%——
Rockpoint Growth and Income Real Estate Fund II, L.P.Rockpointreal estate equity2016—0.5%——
Energy Capital Partners II (Summit Co-Invest), LPEnergyinfrastructure2011—0.5%——
Intervale Capital III, LPIntervale Capitalinfrastructure2014—0.5%——
Blackstone Granite Fund - Class C - Opportunistic CommodityThe Blackstone Groupinfrastructure2014—0.5%——
Cherokee Investment Partners IV, L.P.Cherokee Investment Partnersreal estate equity2005—0.5%——
JER Real Estate Partners IV, L.P.JER Partnersreal estate equity2006—0.5%——
SRI Eight REITSRI NINE REITreal estate equity2006—0.4%——
Gresham TAP FlexGresham Houseinfrastructure2010—0.4%——
GSO Bakken Holdings I LPThe Blackstone Groupinfrastructure2013—0.4%——
Frogmore Real Estate Partners III, L.P.Frogmorereal estate equity2014—0.4%——
Timbervest Crossover Partners II, L.P.Timbervestnatural resources2007—0.4%1.04x1.04x
Starwood Capital Hospitality Fund I-2Starwood Capital Groupreal estate equity2006—0.4%1.02x0.93x
Intervale Capital II, LPIntervale Capitalinfrastructure2012—0.4%——
Morgan Stanley Real Estate Fund VI, L.P.Morgan Stanleyreal estate equity2007—0.3%——
MEADOW REAL ESTATE FUND III LPMeadow Partnersreal estate equity2014—0.3%——
Capital Dynamics US Solar Energy, LPCapital Dynamicsinfrastructure2012—0.3%1.23x1.23x
Cherokee Investment Partners III, L.P.Cherokee Investment Partnersreal estate equity2002—0.3%——
Timber Investment Resources (Nahele, LLC) SeparateTimber Investment Resourcesnatural resources2006—0.2%——
AEW Core Real Estate Separate AccountAEWreal estate equity2005—0.2%1.01x1.01x
Centerbridge Partners Real Estate Fund II, L.P.Centerbridge Partners, L.P.real estate equity2021—0.2%1.00x0.20x
Campbell Timber Fund III, LLCCampbell Globalnatural resources2006—0.2%——
Landmark Real Estate Partners VIII Overflow LPLandmark Partnersreal estate equity2018—0.2%——
MTP Emerald Fund LLC - Series IIIMagnetar Capitalinfrastructure2023—0.1%——
MEADOW REAL ESTATE FUND IV LPMeadow Partnersreal estate equity2016—0.1%——
NGP NATURAL RESOURCES X LPNgpnatural resources2011—0.1%1.00x0.95x
DLJ Real Estate Capital Partners IV, L.P.DLJ Real Estate Capital Partnersreal estate equity2007—0.1%1.01x0.71x
Hawkeye Scout Fund IIHawkeyereal estate equity2012—0.1%——
Sheridan Production Partners II, L.P.Sheridan Prodtninfrastructure2010—0.1%1.00x0.07x
Rockwood Multifamily Core PlusRockwoodreal estate equity2021—0.1%——
Paladin Latin American Partners III, L.P.Paladin Capital Groupreal estate equity2008—0.0%7.00x0.16x
Westbrook Real Estate Fund XWestbrook Partnersreal estate equity2015—0.0%1.00x0.80x
Brookfield SREP IV BBrookfield Asset Managementreal estate equity2021—0.0%——
ISQ Growth Markets Infrastructure Fund II (UST) 2024 $0.00ISQinfrastructure——0.0%——
Rockpoint Real Estate Fund V Side Car, L.P.Rockpointreal estate equity2014—0.0%0.00x—
Rockwood Capital Real Estate Partners Fund IX CIV, L.P.Rockwoodreal estate equity2015—0.0%0.00x—
Sculptor Real Estate VSculptorreal estate equity2025—0.0%——
Asana Part IIIAsana Partnersreal estate equity2022—0.0%——
Cypress Acquisition Partners Retail Fund, L.P.Cypress Realtyreal estate equity2013—0.0%0.24x0.24x
Merit Hill VMerit Hill Capitalreal estate equity2023—0.0%1.00x0.22x
NYCRS EIG Energy Partners Co-Investment, L.P.EIG Global Energy Partnersnatural resources2022—0.0%——
Twin Creeks Timber NRTwin Creeksnatural resources2016—-0.2%0.99x0.48x
Brookfield Senior Mezzanine Real Estate Finance Fund LPBrookfield Asset Managementreal estate equity2018—-0.3%0.98x0.55x
Denham Mining FundDenham Capitalnatural resources2018—-0.3%0.99x0.02x
BlackRock Global Renewable Power Fund IIBlackRockinfrastructure2017—-0.5%0.98x0.95x
Clarion Lion Properties Fund, L.P.Clarion Partnersreal estate equity2023—-0.5%0.99x0.00x
Pramerica Real Estate Capital Partners VI, L.P.PGIM Real Estatereal estate equity2016—-0.7%0.98x0.79x
Stockbridge Value Fund VStockbridge Capital Groupreal estate equity2024—-0.7%1.00x0.02x
Almanac Realty Securities IX, L.P.Almanac Realty Securitiesreal estate equity2022—-0.7%1.00x—

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).