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
FundManagerStrategyVintageCommittedNet IRRTVPIDPI
Miller Global VIIMiller Global Propertiesmulti strategy201214.4%1.33x1.33x
Project Eliteinfrastructure202314.4%1.30x0.02x
Providence TMT Special Situations Fund, L.P.Providencespecial situations200414.4%1.79x1.78x
Tiger Iron Special Opportunities Fund III, L.P.Tiger Iron Capitalspecial situations202214.4%1.21x0.01x
Tiger Iron Special Opportunities Fund LPTiger Iron Capitalspecial situations201614.4%2.00x0.43x
Accel-KKR Capital Partners CV IV Strategic Fund LPAccel-KKRbuyout202214.4%1.41x0.49x
Shamrock Capilal Growth Fund 111, L.P.Shamrock Capitalgrowth equity201014.4%2.39x1.44x
ASF VII, L.P.ASFinfrastructure201514.4%1.59x1.12x
Main Capital VIII Coöperatief U.A.MAINbuyout202414.4%1.08x0.00x
EnCap Energy Capital Fund VII, L.P.EnCap Energy Capitalnatural resources200714.3%1.36x1.36x
Ind Vent - DirectIND VENT - DIRECTventure capital14.3%
Accel VI-S, L.P.Accelventure capital200114.3%4.56x4.43x
Bay State Partners, L.P.Bay Statetactical202214.3%1.26x0.00x
Lime Rock Partners IV AF, L.P.Lime Rock Partnersbuyout201814.3%1.45x0.02x
SVB Capital Partners III LPSVBbuyout201414.3%2.26x1.77x
ICG Europe Fund VIIIntermediate Capital Groupbuyout201814.3%1.60x0.73x
H.I.G. Bayside Debt & LBO Fund IIH.I.G. Capitalgrowth equity200814.3%1.54x0.74x
Inflexion Buyout Fund IV LPInflexionbuyout201514.3%1.71x1.33x
Ardian Infrastructure Fund VBArdianinfrastructure201914.3%2.00x0.16x
Bronx Whitestone Capital Partners III, L.P.Bronx Whitestonebuyout200614.3%1.24x0.08x
Gold Hill 2008Gold Hilltactical200814.3%1.97x1.87x
Mill Road Capital III, L.P.Mill Roadbuyout201114.3%1.39x0.44x
Blue Owl Digital Infrastructure Fund II-A LPBlue Owl Capitalinfrastructure202014.3%1.37x0.01x
Castle Harlan Partners IVCastlebuyout200214.3%1.38x1.39x
Hg Saturn 2 A LPHg Capitalbuyout202014.3%1.46x0.29x
Wind Point Partners IXWind Point Partnersbuyout201914.3%1.57x0.52x
KLCP Domestic Fund III LPKlcp Domesticbuyout202214.3%1.31x0.00x
BPF Trust 1996-1999199614.2%1.89x1.89x
DLJ Real Estate Capital Partners II, L.P.DLJ Real Estate Capital Partnersreal estate equity200014.2%1.47x1.47x
Juggernaut Capital Partners IV, L.P.Juggernaut Capitalbuyout201814.2%1.72x0.18x
Ares Corporate Opportunities Fund IVAresbuyout201214.2%1.90x1.76x
Thoma Bravo Fund XVThoma Bravobuyout202214.2%1.40x0.09x
Industry Ventures Partnership Holdings IVIndustry PHsecondaries201514.2%2.14x0.59x
Advent Global Technology IIAdvent Internationalbuyout202114.2%1.36x0.00x
Advent Global Technology IIrAdvent Internationalbuyout202114.2%1.40x
Dawson Portfolio Finance 6Dawson Partnersdirect lending202414.2%1.09x0.65x
Cerberus Institutional Real Estate Partners - Series ThreeCerberusreal estate equity200714.2%1.94x1.43x
OCM Opportunities Fund V, L.P.Oaktreespecial situations200414.2%1.65x1.65x
PSERS TAO Partners Parallel Fund, L.P. -(TAO Contingent)PSERS TAOtactical202014.2%1.25x0.75x
RCP Advisors Fund V, L.P.RCPbuyout200114.2%1.80x1.78x
RCP Fund V LPRCPbuyout200714.2%1.80x1.80x
AAVIN Mezzanine Fund, LPAAVIN Equity Partnersmezzanine201414.2%1.66x0.19x
JLL Partners Fund VIIJLL Partnersbuyout201414.2%1.19x1.19x
Nordic Capital Fund X, L.P.Nordic Capitalbuyout202114.2%1.50x0.20x
Oak Hill Advisors Structured Products Fund III, L.P.Oak Hill Advisorsstructured credit202314.2%1.20x0.07x
Blackstone Tactical Opportunities Fund II-S L.P.The Blackstone Grouptactical201814.2%1.48x0.75x
Francisco Partners VI LPFrancisco Partnersbuyout202114.2%1.50x0.17x
Manulife AgriculturalManulife Investment Management14.1%3.51x2.39x
Blackstone Strategic Capital Holdings II L.P.The Blackstone Groupreal estate debt14.1%1.53x0.55x
Lexington Capital Partners VIIILexington Partnersprivate equity201414.1%1.65x1.19x
Adams Street Partnership Fund 2012, L.P.Adams Street Partnersfund of funds201214.1%2.10x1.10x
Northwest Emerging Ventures IIIGrove Streetventure capital200814.1%2.13x1.11x
OrbiMed Royalty & Credit Opportunities IVOrbiMedmulti strategy202214.1%1.28x0.25x
Lexington Capital Partners VII LPLexington Partnerssecondaries200914.1%1.65x1.63x
Lone Star Real Estate Fund VLone Star Japan Acquisitionsreal estate equity201714.1%0.49x
AIG Indian Sectoral EQ FundAIG Indian Sectoral EQgrowth equity199714.1%2.07x2.07x
Littlejohn Fund IVLittlejohnbuyout201014.1%1.92x1.90x
Stonepeak Guardian (Co-Invest) HoldingsStonepeakinfrastructure202314.1%1.35x0.08x
Towerbrook Structured Opportunities Fund II (Onshore) LPTowerBrookmulti strategy201914.1%1.36x0.64x
DRA Growth and Income Fund IXDRA Advisorsgrowth equity201714.1%1.61x1.36x
GCM Grosvenor NYCERS Emerging Manager Co-Investment Fund, L.P.GCM Grosvenorco investment200814.1%1.79x1.79x
Landmark NYC Fund L.P.Landmark Partnerssecondaries201314.1%1.74x1.24x
Lubert-Adler Real Estate Fund VII-B, L.P.Lubert-Adlerreal estate equity201714.1%1.53x1.37x
Prudential Capital Partners III, L.P.Prudential Financialbuyout200914.1%1.72x1.70x
TPG Growth IV LPTPGgrowth equity201814.1%1.70x0.99x
PIMCO Corporate Opportunities Fund II Onshore Feeder, L.P.PIMCO Europemulti strategy14.1%2.75x1.84x
Green Equity Investors IXLeonard Greenprivate equity202314.1%1.14x0.06x
SV Life Sciences Fund VI, L.P.SV Life Sciencesventure capital201514.0%1.58x1.22x
Waterfall Sentinel FundWaterfall Edenspecialty finance201914.0%1.62x
RedBird Series 2019, LPRedBird Capital Partnersbuyout201914.0%1.49x0.56x
Hamilton Lane Venture Capital Fund, L.P. (Series 2011)Hamilton Laneventure capital201114.0%2.66x1.84x
Peak Rock Capital Credit Fund II LPPeakdirect lending201714.0%1.12x1.03x
GI Partners Fund IV, L.P.GI Partnersbuyout201414.0%2.09x1.57x
Blackstone Tactical Opportunities Fund II, L.P.The Blackstone Grouptactical201514.0%1.55x1.37x
Adams Street 2011 Non-US Developed MarketsAdams Street Partnersgrowth equity201114.0%2.20x1.62x
Carlyle Asia Partners IV PECarlyle Groupbuyout201414.0%1.58x0.90x
Carlyle Europe Real Estate Partners, L.P.Carlyle Groupreal estate equity200214.0%1.49x1.49x
EQT Infrastructure IV - USD FundEQTinfrastructure201814.0%1.23x0.10x
Global Energy & Power Infrastructure Fund III, L.P.GIPinfrastructure201914.0%1.50x0.63x
TDR Capital IVTDRbuyout201814.0%1.58x0.33x
WCAS Capital Partners II, L.P.WCASbuyout199014.0%2.17x2.17x
Ascentris SD Partners LPAscentrisreal estate equity201714.0%1.30x0.87x
Crestview Partners II, L.P.Crestview Partnersbuyout200814.0%2.02x1.85x
STARWOOD OPPORTUNITY FUND X GLOBAL, L.P.Starwood Capital Group14.0%1.42x1.28x
Anchorage Illiquid Opportunities VI, L.P.Anchorage Illiquidmulti strategy201714.0%1.70x1.10x
Battery Ventures XIII Side FundBattery Venturesventure capital202014.0%1.72x0.24x
Montefiore Investment V S.L.P.Monteflore Investmentgrowth equity202014.0%1.46x0.04x
Blackstone Capital Partners IV, L.P. (Secondary)The Blackstone Groupbuyout201213.9%1.28x1.28x
SL Capital SOF II, L.P.abrdn plctactical201513.9%1.58x
Madison Dearborn Capital Partners IV, L.P.Madison Dearborn Partnersbuyout200013.9%1.80x1.75x
CA Co-Investment Limited PartnershipCA Coco investment202213.9%1.32x0.00x
Pantheon Global Annual Series 2014Pantheon Venturesbuyout201413.9%1.91x0.67x
Top Tier Venture Capital IV LPTop Tier Capital Partnersventure capital200713.9%2.00x2.00x
Apollo Investment Fund VIII CVC Capital Partners VIApollobuyout201313.9%
HarbourVest Partners III, L.P.HarbourVest Partners (Canada)secondaries198913.9%2.20x2.16x
Abbott Capital Private Equity Investors 2010Abbottbuyout201013.9%2.10x0.36x
BCEC X Metro Co-InvestmentBCECco investment201613.9%2.10x2.10x
IK Fund VIIIK Small Capbuyout201313.9%1.84x1.84x
Trilantic Capital Partners V (North America)Trilanticbuyout201213.9%1.60x1.60x
Welsh, Carson, Anderson & Stowe VIWelsh, Carson, Anderson & Stowebuyout199313.9%2.07x2.07x

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).