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
Insight Fund XI Follow-On Fund, LPInsight Partnersventure capital20231.17x0.00x
Insight Partners Fund XIIIInsight Partnersgrowth equity20241.10x0.00x
Insight Partners Opportunities Fund I, L.P.Insight Partnersgrowth equity20211.35x0.16x
Insight Partners Opportunities Fund II, L.P.Insight Partnersgrowth equity20241.07x0.01x
Insight Partners XIII Growth Buyout Fund, L.P.Insight Partnersbuyout20241.04x0.00x
Insight Venture Partners X Follow-On Fund, LPInsight Partnersventure capital20210.97x0.05x
Key Capital Partners Fund IKey Capitalbuyout1.41x1.41x
Key Capital Partners Fund IIKey Capitalbuyout0.10x0.10x
Key Capital Partners Fund IIIKey Capitalbuyout2.47x2.47x
Key Capital Partners Fund IVKey Capitalbuyout0.78x0.78x
Key Capital Partners Fund VKey Capitalbuyout3.22x3.22x
Key Capital Partners Fund VIKey Capitalbuyout0.51x0.51x
Key Capital Partners Fund VIIKey Capitalbuyout2.60x2.56x
Key Capital Partners Fund VIIIKey Capitalbuyout1.92x1.50x
Key Capital Partners FundIKey Capitalbuyout1.43x1.10x
Key Capital Partners FundIVKey Capitalbuyout0.84x0.20x
Key Capital Partners IXKey Capitalbuyout1.09x0.16x
Khosla Ventures Excelsior, LPKhosla Venturesventure capital20231.13x0.00x
Lightspeed Opportunity Fund III, L.P.Lightspeed Venture Partnersmulti strategy20251.50x
Lightspeed SPV-ALightspeed Venture Partnersventure capital20252.50x
Lightspeed SPV-A 2Lightspeed Venture Partnersventure capital20251.00x
Lightspeed Venture Partners Select V, L.P. 2022Lightspeed Venture Partnersventure capital0.00x
Lightspeed Venture Partners Select VI, L.P.Lightspeed Venture Partnersventure capital20251.60x
Lightspeed Venture Partners XV-A (Inception), L.P.Lightspeed Venture Partnersventure capital20250.90x
Lightspeed Venture Partners XV-B (Ignite), L.P.Lightspeed Venture Partnersventure capital20251.00x
Mayfield XVIIMayfield Fundventure capital20231.22x0.00x
Mayfield XVII, a Delaware Limited PartnershipMayfield Fundventure capital20241.05x0.00x
Odyssey Investment Partners Fund V, L.P. Private EquityOdyssey Investment Partnersbuyout20131.30x1.30x
Pantheon Asia Fund VIPantheon Venturesfund of funds1.68x1.25x
Pantheon Global Infrastructure Fund 'A'Pantheon Venturesinfrastructure1.66x1.59x
Pantheon Global Infrastructure Fund IIPantheon Venturesinfrastructure1.60x1.15x
Pantheon Global Secondary Fund VPantheon Venturessecondaries20151.51x1.11x
Pantheon Global Secondary Fund VII Feeder (US) LPPantheon Venturessecondaries20231.31x0.00x
Pantheon Infrastructure Fund of FundsPantheon Venturesinfrastructure1.66x1.38x
Pantheon Real Assets Strategic OpportunitiesPantheon Venturesmulti strategy20171.37x0.73x
Sequoia Capital China Growth Fund VSequoia Capitalgrowth equity20181.30x0.00x
Sequoia Capital China Venture Fund VIISequoia Capitalventure capital20181.21x0.00x
Sequoia Capital India VISequoia Capitalventure capital20181.29x0.00x
Summit Europe Growth Equity III PESummit Partnersgrowth equity20200.93x
Summit Europe Growth Equity IVSummit Partnersgrowth equity20230.71x
Summit Partners Growth Equity Fund IX, L.P. 2017Summit Partnersgrowth equity1.10x
Summit Venture Capital V PESummit Partnersventure capital20200.90x
Tiger Infrastructure Fund IIITiger Globalinfrastructure1.25x0.11x
USV 2024Union Square Ventures (USV)venture capital20241.04x0.00x
USV Climate 2022Union Square Ventures (USV)venture capital20220.81x0.00x
CV Consortio Fund L.P.Valor Equity Partnersfund of funds20231.90x0.00x
VALOR EQUITY IIIValor Equity Partnersbuyout1.08x
Valor Equity Partners VIValor Equity Partnersgrowth equity20221.44x0.00x
Valor Equity Partners VI ASF IX BValor Equity Partnersbuyout20231.49x
VALOR IVValor Equity Partnersbuyout2.94x
KKR Asia IVKohlberg Kravis Robertsbuyout20211.57x0.27x
KKR China Growth FundKohlberg Kravis Robertsgrowth equity20101.05x1.01x
KKR China Growth Fund, LP*Kohlberg Kravis Robertsgrowth equity20101.05x1.05x
KKR CMBS B-Piece SMAKohlberg Kravis Robertsreal estate debt201712.00x
KKR European Fund II, LP*Kohlberg Kravis Robertsbuyout20051.25x1.25x
KKR Global Impact Fund SCSpKohlberg Kravis Robertsbuyout20181.63x0.45x
KKR GLOBAL INFRA IV USD SCSPKohlberg Kravis Robertsinfrastructure0.98x
KKR GLobal Infrastructure Fund IV, (USD) SCSpKohlberg Kravis Robertsinfrastructure20211.22x0.07x
KKR GLOBAL INFRASTRUCTURE IIIKohlberg Kravis Robertsinfrastructure1.23x
KKR GLOBAL INFRASTRUCTURE INVEKohlberg Kravis Robertsinfrastructure1.32x
KKR Global Infrastructure Investors VKohlberg Kravis Robertsinfrastructure20241.02x0.03x
KKR Infrastructure Investors Fund III, LPKohlberg Kravis Robertsinfrastructure20181.44x0.31x
KKR Millennium Fund, LP*Kohlberg Kravis Robertsbuyout20011.81x1.81x
KKR NA FUND XIII SCSPKohlberg Kravis Robertsbuyout1.13x
KKR North America Fund XIVKohlberg Kravis Robertsbuyout20250.00x
KKR RE CREDIT OPP PRNTS AGG IKohlberg Kravis Robertsspecial situations0.89x
KKR RE PRTNERS EUR II USD SCSPKohlberg Kravis Robertsbuyout0.91x
KKR RE SEC DISLOC OPP COINVESTKohlberg Kravis Robertsco investment0.61x
KKR Real Estate Partners EuropeKohlberg Kravis Robertsreal estate equity20214.00x
KKR Real Estate Securities Dislocation Opport nity Co-Investment FundKohlberg Kravis Robertsreal estate equity202113.00x
KKR Scissor TailKohlberg Kravis Robertsdirect lending20231.18x0.02x
Blackstone Capital Opportunities Fund IV, LPThe Blackstone Groupdistressed debt20211.22x0.37x
Blackstone Capital Partners Asia, L.P.The Blackstone Groupbuyout20181.10x0.05x
Blackstone COF IV Co-Investment Fund, L.P.The Blackstone Groupdistressed debt20211.30x0.45x
Blackstone Credit Series Fund-C LP - Series AThe Blackstone Groupdirect lending20221.22x0.00x
Blackstone Credit Series Fund-C LP - Series BThe Blackstone Groupdirect lending20221.24x0.00x
Blackstone Credit Series Fund-C LP - Series CThe Blackstone Groupdirect lending20231.09x0.00x
Blackstone Fund IVThe Blackstone Groupreal estate equity20049.00x
BLACKSTONE GREEN PRT CR FD IIIThe Blackstone Groupdirect lending1.00x
Blackstone Infrastructure Partners Europe (CYM) L.P.The Blackstone Groupinfrastructure20241.17x0.01x
Blackstone Infrastructure Partners Fund IThe Blackstone Groupinfrastructure1.63x0.19x
Blackstone Inrastructure Partners, LPThe Blackstone Groupreal estate equity20191.74x0.14x
Blackstone Real Estate Debt Strategies ? Supplemental Account C L.P.The Blackstone Groupreal estate debt20251.36x0.25x
Blackstone Real Estate Debt Strategies II, L.P.The Blackstone Groupreal estate debt20131.20x1.17x
Blackstone Real Estate Debt Strategies IV - C L.P.The Blackstone Groupreal estate debt20201.43x0.57x
Blackstone Real Estate Debt Strategies V - C L.P..The Blackstone Groupreal estate debt20241.12x0.04x
Blackstone Real Estate Partners Europe (EURO Vehicle)The Blackstone Groupreal estate equity20206.00x
Blackstone Real Estate Partners Europe VII Vehicle)The Blackstone Groupreal estate equity20240.00x
BLACKSTONE REAL ESTATE XThe Blackstone Groupreal estate equity1.03x
Blackstone Renewables Supplemental Account-N,LPThe Blackstone Groupreal estate equity20191.18x0.00x
Blackstone Tactical Opportunites Fund - N, LPThe Blackstone Grouptactical20131.18x1.13x
Blackstone Tactical Opportunities Fund - FD L.P. (Pool II)The Blackstone Grouptactical20231.04x0.02x
Blackstone Tactical Opportunities Fund FD II LPThe Blackstone Grouptactical20230.85x0.01x
Blackstone Tactical Opportunities Fund II - N, LPThe Blackstone Grouptactical20150.54x0.33x
Blackstone Tactical Opportunities Fund III - N, LPThe Blackstone Grouptactical20201.99x0.69x
Blackstone Tactical Opportunities Stable Income Fund -N, LPThe Blackstone Grouptactical20151.65x1.28x
GSO Capital Opportunities Fund IIII, LPThe Blackstone Groupspecial situations20161.37x1.16x
GSO CSF III Co Investment Fund, LPThe Blackstone Groupco investment20171.62x1.55x
GSO Energy Select Opportunities Fund II, LPThe Blackstone Groupspecial situations20181.20x1.08x
Adams Street 2007 Direct FundAdams Street Partnersgrowth equity20062.54x2.42x

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).