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
Rizvi Opportunistic Equity Fund IIRizvi Traverse Managementprivate equity20101.0%1.05x0.95x
Hancock Timberland VII, L.P.Hancock Natural Resource Groupnatural resources20051.0%1.12x1.12x
MTP Energy Opportunities Fund II LLCMagnetar Capitalnatural resources20151.0%1.34x1.33x
Brookfield Infrastructure Fund II-B, L.P.Brookfield Asset Managementinfrastructure20131.0%
Hummer Winblad Venture Partners IIIHummer Winblad Venture Partnersventure capital19971.0%1.04x1.04x
Colony Distressed Credit Fund IVColony Distresseddistressed debt20121.0%0.80x0.33x
NCL Investments III LP - RE SeriesNCL Investmentsmulti strategy20211.0%
Riverstone-Carlyle RAE Fund IIRiverstone/Carlyle Global Energy & Powerbuyout20081.0%1.05x1.05x
RXR NC Development Partners LPRXR Realtyreal estate equity20221.0%
NCL Investments II, L.P. - RA SeriesNCL Investmentsmulti strategy20181.0%1.38x0.52x
Citadel Residential Mortgage Opportunities Fund, LLCCitadelmulti strategy20111.0%
Claren Road Credit Fund, Ltd.Claren Road Asset Managementdirect lending20111.0%
CT Real Assets Co-Investment Fund LP (Class A Real Estate)Ct Real Assets Coreal estate equity20221.0%
Blackstone NC Property Partners, L.P.The Blackstone Groupreal estate equity20141.0%
A.V. Management IV, LLCA.V.buyout20021.0%
Franklin Fairview I, L.P.Franklin Fairviewbuyout19971.0%1.16x1.16x
LaSalle Real Estate Debt Strategies II, L.P.LaSallereal estate debt20141.0%
Blackstone Granite Fund - Class B - Commodity PodThe Blackstone Groupinfrastructure20141.0%
Virgo Specialty Finance I, L.P.Virgo Investment Groupspecialty finance20211.0%1.03x0.00x
Warburg Pincus Private Equity X - 10Warburg Pincusgrowth equity20070.9%
American Value Partners Fund I, L.P.American Value Partnersreal estate equity20060.9%
HPC GPFS Co-Invest (Zilker), L.P.co investment0.9%1.01x
MTP Energy Fund LPMagnetar Capitalnatural resources20130.9%
Warburg Pincus Private Equity X - 50Warburg Pincusgrowth equity20070.9%
Francisco Agility IIIFrancisco Partnersbuyout20220.9%
HG Saturn 3 Fund LPHg Capitalbuyout20220.9%1.01x
Value Enhancement Fund IV, L.P.real estate equity19990.9%
Sequoia Capital U.S. Venture Fund XVISequoia Capitalventure capital20180.9%4.00x0.00x
Warburg Pincus Private Equity X - 40Warburg Pincusgrowth equity20070.9%
Orion Mine Finance Fund IOrion Resource Partnersnatural resources20120.9%
Tenaya Capital VI, L.P.Tenaya Capitalbuyout20120.9%1.09x0.53x
Aisling Capital II, L.P.Aisling Capitalventure capital20050.9%1.06x0.99x
BlackRock TIPS IndexBlackRockinfrastructure20150.9%
Gores Capital Partners III LPGoresbuyout20100.9%1.03x1.03x
MOUNT KELLETT CAPITAL PARTNERS II LPMount Kellettbuyout20110.9%1.03x0.98x
Quintana Energy Partners II, L.P.QUINTANA RESOURCES HOLDINGS LPnatural resources20080.9%
Lbj Infrastructure Group Holding Llc Lbjinfrastructure0.9%1.04x
Perella Weinberg Partners ABV Opportunity Fund III LPPerella Weinbergmulti strategy20110.9%
Highstar Capital III, L.P.Highstar Capitalinfrastructure20070.9%1.07x1.07x
Trinity River HoldingsTrinitybuyout0.9%1.00x
Rockpoint Real Estate Fund II, L.P.Rockpointreal estate equity20050.9%
TPG Financial Partners, L.P.TPGbuyout20080.8%1.04x1.04x
BRV Aster Opportunity Fund II, L.P.BRVmulti strategy20190.8%1.02x0.00x
Craft Ventures IV, L.P.Craft Venturesventure capital20220.8%1.01x0.00x
Orchid Asia VIOrchid Asiabuyout20140.8%1.04x0.56x
Saba Capital PartnersSaba Capital Managementmulti strategy20110.8%
Levine Leichtman Capital Partners Deep Value FundLevine Leichtmanbuyout20050.8%1.03x1.03x
MS Global RE SecuritiesMorgan Stanleyreal estate equity20070.8%1.07x1.07x
Kildare European Partners II, L.P.Kildare Europeanbuyout20180.8%1.02x0.45x
STAG Investments II, LLCreal estate equity20050.8%
Penwood CSIP I, L.P.Penwood Real Estate Investment Managementreal estate equity20050.8%
Vermillion Celadoninfrastructure20110.8%
NCL Investments, L.P. - RA SeriesNCL Investmentsinfrastructure20140.8%
Constitution Fund V, LLC Series EConstitutionbuyout20200.8%1.00x0.00x
Starwood Opportunity Fund VII, L.P.Starwood Capital Groupmulti strategy20050.8%
Fletcher Spaght Ventures Fund II, L.P.Fletcher Spaght, Inc.venture capital20070.7%1.07x0.48x
Intersouth Partners II, L.P.Intersouthventure capital19880.7%
StepStone SYNStepstone Groupbuyout20060.7%
Levine Leichtman Deep Value FundLevine Leichtmanbuyout20060.7%1.03x1.18x
Chisholm Partners IV, L.P.Chisholmbuyout19990.7%1.06x1.06x
Sheridan Production Partners I, L.P.Sheridan Prodtninfrastructure20070.7%8.00x0.71x
WCAS XIV, L.P.WCASbuyout20220.7%1.01x0.00x
Claren Road Credit Opportunities Partners, L.P.Claren Road Asset Managementmulti strategy20130.7%
Shasta Ventures, L.P.Shasta Venturesventure capital20050.7%1.05x1.05x
GSO Capital Solutions Fund II, L.P.The Blackstone Groupdirect lending20130.7%1.03x0.98x
Bain Capital Venture Coinvestment Fund IIIBain Capital Ventureco investment20210.7%1.02x0.05x
Levine Leichtman Capital Deep Value FundLevine Leichtmanbuyout20060.7%1.00x1.03x
Ridgewood Water Strategic Infrastructure Fund II, LPRidgewood Waterinfrastructure20220.7%1.01x0.18x
Co-Investment Fund II, L.P.co investment20050.7%1.07x1.07x
Institutional Venture Partners VIII, L.PIVP (Institutional Venture Partners)buyout19980.7%1.03x1.02x
DLJ Real Estate Capital Partners I, L.P. (Closed)DLJ Real Estate Capital Partnersreal estate equity19950.7%1.00x
Luminarx Oas FundLuminarXtactical0.7%
European Property Investors Special Opportunities 5 SCSpTristan Capital Partnersspecial situations0.7%1.02x0.15x
Frazier Healthcare IV, L.P.Frazier Healthcare Partnersbuyout20010.7%1.00x1.04x
Ind Vent - Prt Hold 3-aIND VENT - PRT HOLDventure capital0.7%
EIG Energy Fund XVII LPEIG Global Energy Partnersnatural resources20170.7%
Quintana Energy I, L.P.QUINTANA RESOURCES HOLDINGS LPco investment20060.6%
DLJ Real Estate Capital Partners III, L.P.DLJ Real Estate Capital Partnersreal estate equity20050.6%
North Star Investment Holdings LLC Series IIINorthinfrastructure20210.6%1.83x0.30x
Frogmore Real Estate Partners I, L.P.Frogmorereal estate equity20050.6%
Burrill Life Sciences Capital Fund III, L.P.Burrill & Companyventure capital20050.6%
Clean Tech Private Equity II Co-Investments LPClean Tech Privatebuyout20080.6%
Clean Tech Private Equity II LPClean Tech Privatebuyout20080.6%
Patria Brazil Real Estate Fund IIPatria Investmentsreal estate equity20100.6%
Aisling Capital IIAisling Capitalventure capital20060.6%1.04x1.04x
Carnelian Energy Capital V, L.P.CARNELIAN ENERGY CAPITALbuyout20240.6%1.00x0.00x
SIF-Ascension I LPSVBfund of funds20210.6%1.01x0.00x
Novak Biddle Venture Partners IV, L.PNovak Biddle Venture Partnersventure capital20030.6%
Diamond Castle Partners IVDiamond Castle Holdingsbuyout20050.6%1.03x1.03x
Enervest Energy Institutional Fund X-b, LPEnerVestnatural resources20050.6%1.02x1.02x
Falcon Co-Investment PartnersFalcon Investment Advisorsco investment20220.6%1.00x0.00x
Garage California Entrepreneurs Fund, LPGarage Technology Venturesventure capital20020.6%1.04x0.56x
NGN BioMed Opportunity IINGN Capitalbuyout20080.6%1.05x1.05x
NGN BioMed Opportunity II, L.P.NGN Capitalventure capital20080.6%1.05x1.05x
Blackstone Granite Fund - Class A - Resources SelectThe Blackstone Groupinfrastructure20110.6%
Kitty Hawk Capital III, L.P.Kitty Hawkventure capital19940.6%
Benson Elliot Real Estate Partners II, L.P.BENSON ELLIOTreal estate equity20060.6%
Longreach EagleThe Longreach Groupbuyout20060.6%
Novak Biddle Venture Partners III, L.P.Novak Biddle Venture Partnersventure capital20000.6%
Rockpoint Growth and Income Side Car Fund II, L.P.Rockpointgrowth equity20160.6%1.03x0.81x

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).