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
Technology Impact Growth Fund PETechnology Impactgrowth equity201833.8%1.52x0.44x
OceanSound SMX Continuation FundOceanSound Partnersbuyout202433.8%1.40x0.00x
Silicon Valley Bank SIF VII, L.P.Silicon Valley Bankbuyout200933.8%4.08x0.53x
Pantheon Credit Opportunities IIIPantheon Venturesmulti strategy202433.8%1.60x0.16x
USV 2019Union Square Ventures (USV)venture capital201833.7%2.97x1.36x
Atlas Capital Resources III LPAtlas Capitaldirect lending201933.7%1.89x1.17x
Thoma Bravo Special Opportunities Fund LPThoma Bravobuyout201333.7%3.90x3.26x
H&F Samson Hockey 1, LP (Hub)Hellman & Friedmanco investment202033.7%2.66x1.00x
Thoma Bravo Special Opportunities Fund I LPThoma Bravobuyout201333.6%3.98x3.98x
Updata Partners VII, L.P.Updata Partnersbuyout202233.6%1.64x0.40x
Sequoia Capital US Venture XVISequoia Capitalventure capital201833.5%4.55x0.00x
Summit Partners Venture Capital Fund IV A L.P.Summit Partnersventure capital201533.5%2.72x1.28x
Summit Venture Capital IVSummit Partnersventure capital201533.5%2.55x1.25x
Joseph, Littlejohn & Levy FundLittlejohnbuyout199133.4%2.60x2.61x
PSC Accelerator IIPollen Street Capitalventure capital202333.4%1.53x0.03x
Crestview IIICrestview Partnersbuyout201333.4%
DFJ Growth 2013DFJ Venture Partnersgrowth equity201333.3%6.54x4.81x
Nordic Capital Fund IV, L.P.Nordic Capitalbuyout200033.2%2.80x2.82x
Welsh, Carson, Anderson & Stowe VWelsh, Carson, Anderson & Stowebuyout198933.1%3.51x3.51x
Silicon Valley Bank SIF V-A Opportunity, L.P.Silicon Valley Bankbuyout200233.1%7.56x2.16x
Samson Hockey 1Samsontactical202033.1%2.22x2.22x
Providence Strategic Growth IIProvidencegrowth equity201633.0%2.70x2.13x
Menlo Special Opportunities Fund II, L.P.Menlospecial situations201932.9%1.60x0.06x
FirstMark Capital I, L.P. (fka FirstMark IV)FirstMark Capitalbuyout200532.9%9.02x0.07x
FirstMark Capital L.P. (fka FirstMark IV)FirstMark Capitalbuyout200532.9%9.02x0.07x
Project Dimebuyout202232.9%2.18x0.35x
Clearlake Capital Partners V, L.P.Clearlake Capital Groupbuyout201732.9%2.01x1.39x
Siguler Guff Secondary Opportunities Fund, L.P.Siguler Guffmulti strategy201532.8%1.23x1.23x
TrueBridge Capital FSA LLCTrueBridge Capital Partnersfund of funds201532.8%4.48x1.46x
Accel-KKR Structured Capital Partners II, LPAccel-KKRbuyout200132.8%2.36x1.53x
Blue Owl GP Stakes IVBlue Owl Capitalgrowth equity201832.8%2.02x1.19x
WPGG 14 Co-Invest-NWarburg Pincusco investment202232.6%1.51x0.09x
Warburg Pincus Global Growth XIV Co-InvestWarburg Pincusgrowth equity202232.6%1.51x0.00x
H.I.G. Capital Partners IVH.I.G. Capitalgrowth equity200932.6%2.21x2.16x
Code, Hennessy & Simmons II, L.P.Code, Hennessy & Simmonsbuyout199432.6%3.50x3.49x
SDC Digital Infrastructure Opportunity Fund II, L.P.SDC Capital Partnersmulti strategy32.3%2.66x0.44x
Menlo Evergreen V, L.P.Menlobuyout198832.1%3.60x3.61x
Lightspeed Venture Partners VIIILightspeed Venture Partnersventure capital200832.1%1.68x1.68x
GSO Energy Select Opportunities Feeder Fund II L.P.The Blackstone Groupnatural resources200632.1%1.31x0.47x
Stonepeak Infrastructure Fund II, L.P.Stonepeakinfrastructure201632.1%1.20x0.15x
Pappas Life Science Ventures IV, L.P.Pappas Life Science Venturesventure capital200932.1%2.28x2.25x
Sequoia Private Equity FundSequoia Capitalgrowth equity201232.0%2.25x1.42x
FSBA AAM Strategic Fund I LPFSBA AAM Strategicbuyout202132.0%1.67x0.38x
Lone Star Fund III (U.S.), L.P.Lone Star Japan Acquisitionsbuyout200031.9%2.10x2.05x
Cinven Third FundCinvenbuyout200231.9%2.10x2.07x
Cressey & Company Overage Fund VI LPCressey & Companybuyout201831.9%2.34x0.79x
Oak Hill Capital Partners IV Onshore LPOak Hill Capitalbuyout201631.9%2.00x2.00x
Austin Ventures V, LPAustinventure capital199731.9%2.00x1.98x
Northlane Capital Partners II LPNorthlane Capital Partnersbuyout31.8%3.46x2.62x
OrbiMed Private Investments IVOrbiMedventure capital200931.8%2.73x2.72x
Thoma Bravo Fund XI PEThoma Bravobuyout201431.8%3.03x1.71x
AUA IIAUAtactical201931.8%2.01x0.99x
Energy Spectrum Partners V, L.P.Energy Spectrum Capitalnatural resources200731.8%1.86x
Asl - Sof IVAsltactical31.8%
DS Opportunities (C) LPmulti strategy202131.7%1.79x0.00x
Wynnchurch Capital Partners IV PEWynnchurchbuyout201431.7%2.27x0.33x
One Rock Capital Partners, L.P.CEDAR ROCKbuyout201231.6%2.05x2.06x
Reverence Capital Partners Opportunities Fund II (Parallel)Reverence Capital Partnersmulti strategy201931.6%3.20x0.82x
Fisher Lynch Co-Investment Fund V, LP.Fisher Lynch Capitalco investment202431.6%1.40x0.00x
Level Equity Growth Partners IV, L.P.Level Equitygrowth equity201831.5%2.47x0.81x
NYCBERS 2015 Emerging Manager ProgramNYCBERS 2015 Emerging Manager Programbuyout201531.5%1.77x0.19x
The Resolute Fund IV, L.P.Resolutebuyout201831.4%2.62x1.58x
Invesco Opps IIIInvescotactical201831.4%2.16x1.58x
Nordic Capital Fund III, L.P.Nordic Capitalbuyout199831.3%3.60x3.57x
Bregal Sagemount IIBregal Sagemountgrowth equity201731.3%2.05x1.85x
Golder, Thoma, Cressey Fund IIIGolder, Thoma, Cressey, Raunerbuyout198731.3%5.59x5.58x
TSSP Capital SolutionsTSSPbuyout201931.3%1.50x0.09x
Avista Capital Partners IV, L.P.Avistabuyout201831.2%1.20x0.44x
DN Capital – Global Venture Capital III L.P.DN CAP GLBLventure capital201231.1%3.10x2.93x
Reverence Capital Partners Opportunities Fund V (FOO) (PE Fund III)Reverence Capital Partnersmulti strategy202131.1%1.67x0.04x
Reverence III Side CarReverence Capital Partnersco investment202131.1%1.67x
First Reserve Fund X, L.P.First Reserve Corporationnatural resources200431.1%1.80x1.83x
TrueBridge Special Purpose II (F)TrueBridge Capital Partnersventure capital200431.0%4.89x1.17x
GOF II Feeder BGOFbuyout200531.0%1.48x0.00x
Battery Ventures XII Side FundBattery Venturesventure capital201830.9%3.44x2.42x
Institutional Venture Partners XVIIIIVP (Institutional Venture Partners)venture capital202430.9%1.14x
Golder, Thoma, Cressey & Rauner Fund IIIGolder, Thoma, Cressey, Raunerbuyout198730.9%5.58x5.58x
HarbourView Royalties Fund IHarbourView Royaltiesdirect lending202330.9%1.39x0.03x
Cortec Group Fund V LPCortec Groupbuyout201130.9%4.35x4.35x
Vista Equity Partners IVVista Equity Partnersbuyout202030.8%
Permira Strategic Opportunities IPermiramulti strategy202430.8%1.14x0.04x
Searchlight Capital Partners IV, L.P.Searchlight Capital Partnersbuyout202430.8%1.20x0.00x
Secondary Investment SPV-1 L.P.Secondarysecondaries201230.7%1.72x
Spectrum Equity VIII L.P.Spectrum Equityventure capital201830.6%2.48x1.52x
New Enterprises Associates VIII, L.P.New Enterprise Associates (NEA)venture capital199830.6%1.66x1.64x
Golder, Thoma, Cressey & Rauner FundGolder, Thoma, Cressey, Raunerbuyout198030.5%11.87x11.87x
Silver Lake III SL SPV-2, L.P.Silver Lake Partnersbuyout201930.5%2.30x1.68x
Clayton, Dubilier & Rice Fund X, L.P.Clayton Dubilier & Ricebuyout201830.4%2.27x1.51x
GTCR Fund XI, L.P.GTCRbuyout201430.3%3.00x2.46x
Mill Point Capital Partners IIMill Point Capitalbuyout202130.3%1.52x0.58x
Exeter Industrial Value Fund IIIExeter Property Groupreal estate equity201430.3%2.15x2.13x
ERA Infra I Coinvest LPERA Infrainfrastructure30.2%1.93x0.83x
Ares Corporate Opportunities Fund VI Co-InvestAresbuyout202130.2%1.83x1.83x
Lone Star Fund IV (U.S.), L.P.Lone Star Japan Acquisitionsbuyout200130.2%2.30x2.30x
GTCR XIGTCRgrowth equity201330.2%3.04x2.84x
Flexpoint Ford Fund II, L.P.Flexpoint Fordbuyout200830.2%1.68x1.29x
Ares Private Opportunities (NYC), L.P.Aresmulti strategy202130.2%1.83x1.83x
Aquiline Financial Services Fund IIIAquiline Oregon Co‐buyout201530.1%2.31x2.13x
OAKTREE POWER OPPORTUNITIES FUND VI LPOaktreeinfrastructure202129.9%2.41x1.48x
Warburg Pincus International Partners, L.P. - WSIB SecondaryWarburg Pincussecondaries200529.9%2.60x2.64x

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).