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
PAG Asia III, L.P.PAGbuyout20198.7%1.30x0.32x
Strategic Investors X-B, L.P.Strategicbuyout20208.7%1.31x0.00x
Crow Holdings Retail FundCrow Holdingsreal estate equity20158.7%1.60x1.58x
Brookfield Infrastructure Fund V, LPBrookfield Asset Managementinfrastructure20228.7%1.13x0.07x
Ten Coves Capital III, L.P.Ten Coves Capitalprivate equity20188.7%1.20x0.01x
Barings Transportation Fund LPBaringsinfrastructure20218.6%1.68x0.37x
BPF Trust 2001-200420018.6%1.79x1.78x
Newstone Capital Partners, L.P.Newstone Capital Partnersmezzanine20068.6%1.32x1.32x
Siguler Guff Distressed Opportunities Fund II, L.P.Siguler Guffdistressed debt20068.6%1.42x
Highway 12 Venture Fund II, L.P.Highway 12 Venturesventure capital20068.6%1.88x1.88x
SRI NINE REITSRI NINE REITreal estate equity20078.6%1.36x1.36x
Lightspeed Venture Partners Select VLightspeed Venture Partnersventure capital20218.6%1.14x0.00x
Apollo Investment Fund VI LPApollobuyout20068.6%1.52x1.50x
GRAIN SPECTRUM HOLDINGS III LPGrain Spectrum Holdingsinfrastructure20208.6%1.43x0.00x
Pinnacle Physicals and Financing Master, Ltd.Pinnacle Natural Resourcesnatural resources20098.6%1.99x0.01x
Greycroft Growth, L.P.Greycroftgrowth equity20148.6%1.74x0.97x
Summit Subordinated Debt Fund III, L.P.Summit Partnersmezzanine20048.6%1.44x1.42x
KKR Real Estate Partners Europe IKohlberg Kravis Robertsreal estate equity20158.6%1.29x1.06x
Blackstone Mezzanine PartnersThe Blackstone Groupmezzanine19998.6%1.26x1.26x
Alta Subordinated Debt PartnersAlta Partnersdirect lending19868.6%1.88x1.88x
Sixth Street Fundamental Strategies PartnersSixth Streettactical20208.6%1.11x0.74x
Partners Group Secondary 2008Partners Groupsecondaries20078.6%1.51x1.51x
Carlyle Partners VIII, L.P.Carlyle Groupbuyout20228.6%1.16x0.20x
Brookfield Strategic Real Estate Partners IIIBrookfield Asset Managementreal estate equity20188.6%1.35x0.42x
PIMCO Commercial Real Estate Debt Fund, L.P.PIMCO Europereal estate debt20188.6%1.31x0.86x
AEP IV OPERS Co-InvestmentsAEPco investment20188.6%1.49x0.23x
AG Realty Value Fund XAG Realtyreal estate equity20198.6%1.28x0.68x
Axium Infrastructure North America (2017)Axiuminfrastructure20178.6%0.40x
BIG Real Estate Fund II, L.P. and AIVsBIGreal estate equity20218.6%1.12x0.33x
CVI Credit Value Fund II A LPCVIdirect lending20138.6%1.43x1.40x
Deerpath Capital VIDeerpathbuyout20218.6%1.27x0.27x
Falko Regional Aircraft Opportunities Fund IIFalko Regional Aircraftinfrastructure20188.6%1.09x0.08x
NB Co-Investment Partners (fka LB Co-Investment Partners)NB Coco investment20058.6%1.46x1.46x
Platinum Equity Capital Partners V, L.P.Platinumbuyout20198.6%1.36x0.37x
RRJ Capital Master Fund IIRRJbuyout20138.6%1.34x1.27x
Spark Capital VISparkventure capital20208.6%1.40x
TowerBrook Investors III LPTowerBrookbuyout20088.6%1.41x1.41x
Apollo Investment Fund VIApollobuyout20068.6%1.51x1.50x
ArcLight Energy Partners Fund III, L.P.Arclight Energyinfrastructure20068.6%1.48x1.48x
Bridge Debt Strategy Fund III, L.P.Bridge Debt Strategydirect lending20198.6%1.31x0.82x
DRA Growth and Income Fund X, LLCDRA Advisorsgrowth equity20198.6%1.24x0.39x
GCM Grosvenor NYCPPF Emerging Manager FundGCM Grosvenorfund of funds20088.6%1.45x1.45x
Smart Markets Fund, L.P. RESmart Marketsreal estate equity20138.6%1.62x0.32x
Cornerstone Equity Partners IV, LPCornerstonebuyout19968.6%1.60x1.62x
Terra Firma Deutsche Annington, L.P. (Non-Core)Terra Firmareal estate equity20058.6%1.73x1.73x
Madison Dearborn Capital Partners III, L.P.Madison Dearborn Partnersbuyout19998.6%1.50x1.49x
Pathway Private Equity Fund XVIII, LLCPathway Capital Managementfund of funds20068.6%1.61x1.59x
Partners Group MCAPartners Groupfund of funds20048.6%1.52x
Stonepeak Infrastructure Fund III LPStonepeakinfrastructure20178.6%1.60x0.56x
Benefit Street Partners Debt Funds IV LPBenefit Street Partnersdirect lending20168.6%1.34x0.65x
Ironsides Co-Investment Fund VIIronsides Coco investment20218.5%1.27x0.24x
Blue Sky Credit Fund LPBluedirect lending20228.5%1.13x0.46x
Ares - Eu Loan FundingAresdirect lending8.5%
Bridgepoint Europe IV, L.P. (Secondary Purchase)Bridgepointco investment20168.5%1.30x1.16x
GcnstarCapital Partners IV, L.P.Genstar Capitalprivate equity20048.5%1.56x
Olympus Growth Fund IV, L.P.Olympus Partnersgrowth equity20038.5%1.54x1.54x
Endeavour Capital Fund VI, L.P.Endeavour Capitalfund of funds20118.5%1.49x1.49x
ACON Equity Partners IVAcon Investmentsbuyout20168.5%1.42x0.68x
Permira Europe IVPermirabuyout20068.5%1.59x1.59x
HarbourVest Partners II, L.P.HarbourVest Partners (Canada)secondaries19858.5%1.90x1.93x
FS Equity Partners VII LPFreeman Spoglibuyout20148.5%1.56x0.91x
Glendon Opportunities FundGlendon Oppmulti strategy20148.5%0.83x0.13x
IPI Data Center Partners IIIpiinfrastructure20198.5%1.27x0.07x
Keystone Partners L.P. -Series AKeystoneventure capital20208.5%1.13x0.79x
Metropolitan Workforce Housing FundMetropolitan Workforce Housingreal estate equity20078.5%1.19x
Oaktree CLO Equity Fund IOaktreestructured credit20238.5%1.08x0.37x
Pccp IXPccpbuyout20228.5%1.13x
Rockwood Capital Real Estate Partners Fund IX, L.P.Rockwoodreal estate equity20128.5%1.30x
Actis Energy 3Actisinfrastructure20138.5%1.30x1.29x
Harrison Street Core Property Fund, L.P. REHarrison Street Real Estate Capitalreal estate equity20128.5%1.71x0.45x
NPIbuyout8.5%
Polaris Partners VIIPolaris Partnersventure capital20148.5%1.88x0.68x
Prudential Senior Housing Fund V REPrudential Senior Housingreal estate equity20158.5%1.33x0.09x
Realty Associates Fund XIITA Realtyreal estate equity20188.5%1.38x0.93x
Revelstoke IIIRevelstoke Capital Partnersbuyout20218.5%1.18x0.13x
Singerman Real Estate Opportunity Fund IVSingerman Real Estatemulti strategy20218.5%1.11x0.20x
Bridge Debt Strategy Fund IV, L.P.Bridge Debt Strategydirect lending20218.5%1.26x0.31x
Farol Fund IIFarol Asset Managementbuyout20188.5%1.49x0.60x
Endeavour Capital Fund VIII, L.P.Endeavour Capitalfund of funds20218.5%1.21x0.15x
OCM Opportunities Fund II, L.P.Oaktreespecial situations19978.5%1.50x1.51x
Harrison St. RE Partners VI, L.P.Harrison Street Real Estate Capitalco investment20168.5%1.43x0.82x
Kayne SBCERA MLPKayne Anderson Capital Advisorsnatural resources20178.4%1.50x
Pharos Capital Co-Investments, LPPharos Capital Groupbuyout20088.4%1.69x1.69x
AEW Core Property TrustAEWreal estate equity20098.4%1.81x0.74x
J.H. Whitney VIIJ.H. Whitneybuyout20108.4%1.24x1.24x
Azalea Capital IIIAzalea Capitalbuyout8.4%
Blackstone Capital PartnersThe Blackstone Groupbuyout20198.4%1.64x
Blackstone Capital Partners VIII LPThe Blackstone Groupbuyout20218.4%1.25x0.26x
Interwest Partners IIInterWestventure capital19828.4%1.74x1.74x
Starwood XIIStarwood Capital Groupreal estate equity20208.4%1.19x0.11x
PIMCO BRAVO Fund III Onshore Feeder, LPPIMCO Europefund of funds20168.4%1.48x0.98x
PIMCO BRAVO IIIPIMCO Europefund of funds20168.4%1.48x0.82x
CVI Credit Value Fund A IIICVIdistressed debt20158.4%1.39x1.34x
GoldenTree Loan Management IIIGOLDENTREE LOAN MANAGEMENT USdirect lending20228.4%
Goldner Hawn VIIIGoldner Hawnbuyout20238.4%1.15x0.00x
Gores Capital Partners I LPGoresbuyout20038.4%1.30x1.30x
LBC Credit Partners IIILBCdirect lending20128.4%1.26x1.20x
Mesirow Financial Private Equity Partnership Fund IIIMesirowbuyout20058.4%1.72x1.61x
Oaktree Opportunities Fund XOaktreespecial situations20158.4%1.51x1.12x
Portfolio Advisors Credit Strategies FundPortfolio Advisorsmulti strategy20138.4%1.38x0.35x

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).