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
Strategic Partners Fund IV, L.P. Private EquityStrategicsecondaries20081.60x1.61x
Strategic Partners Fund V, L.P. Private EquityStrategicsecondaries20111.60x1.64x
Strategic Value Excelsior Fund, LPStrategicdirect lending20181.41x0.21x
Summer Street Capital III, LPSummer Streetbuyout20121.49x1.41x
Summer Street Capital NYS Fund II, LPSummer Streetbuyout20060.66x0.65x
Summer Street Capital NYS Fund III, LPSummer Streetbuyout20122.23x2.22x
Supreme (S) LLCSupreme (S) LLCbuyout20200.23x0.07x
T-IX Jade Co-Invest LPT-IXbuyout20251.00x0.00x
TA Subordinated Debt IV, LPTA Subordinated Debtdirect lending20162.16x1.40x
Tallvine Middle Market Infrastructure Fund ITallvine Partnersinfrastructure0.00x0.00x
TCW Mezzanine Fund VTCW Special Creditsmezzanine20081.51x1.51x
TDR Capital VTDRbuyout20230.98x0.00x
Tenzing Private Equity IITenzing Privatebuyout1.47x0.50x
Tenzing Private Equity IIITenzing Privatebuyout0.84x0.00x
Varde Investment Partners, L.P.The Vardedirect lending1.63x0.91x
Varde Specialty Finance Fund, LPThe Vardespecialty finance20181.32x0.85x
Thompson Street Capital IIThompson Street Capital Partnersbuyout20061.96x1.96x
Thompson Street Capital IIIThompson Street Capital Partnersbuyout20111.91x1.91x
Thompson Street Capital IVThompson Street Capital Partnersbuyout20162.78x2.32x
Thompson Street Capital VThompson Street Capital Partnersbuyout20181.79x1.08x
Thompson Street Capital VIThompson Street Capital Partnersbuyout20221.04x0.07x
Thor Urban Propert undThor Urban Propertyreal estate equity20096.00x
Three Pillars Flex Opportunities Fund, LPThree Pillars Flexmulti strategy20232.01x0.00x
Three Pillars Secondaries Fund, LPThree Pillars Flexsecondaries20241.75x0.32x
TIGF II Direct Strategies LLC - Series 5TIGFtactical20241.00x
Tillridge Global Agribusiness Partners II PETillridge Global Agribusinessbuyout20160.81x0.01x
Torchlight Debt Opportunity Fund IVTorchlight Debtmulti strategy20141.32x1.32x
Torchlight Debt Opportunity Fund V, LPTorchlight Debtmulti strategy20151.31x1.25x
TowerBrook Investors VI (Onshore), L.P.TowerBrookbuyout20231.11x0.00x
TowerBrook Project Wings Co-Invest, L.P.TowerBrook Project Wings Co-Invest, L.Pbuyout20251.00x0.00x
Treaty Oak Fund L.P.Treaty Oakbuyout1.10x1.10x
Trilantic Capital Partners V (North America), L.P.Trilanticbuyout20121.40x1.20x
Trilantic Capital Partners VITrilanticbuyout20191.22x0.39x
Trillium Lakefront Partners III NY, LPTrillium Lakefrontreal estate equity20040.81x0.81x
TRISTAN EURO PROPERTY INVESTORTRISTAN EURO PROPERTY INVESTORreal estate equity1.19x
TRF VI Co-Investment SMA IITrpfco investment20230.97x
TSG Consumer Partners 9TSGbuyout20220.93x0.06x
Turning Rock Fund IITurning Rockbuyout20211.19x0.44x
Turning Rock Fund IIITurning Rockbuyout20241.07x0.44x
Typhoon Co-Investment L.P.Typhoon Coco investment20241.22x0.00x
United States Power Fund III, L.P.United States Powerinfrastructure20071.35x1.35x
NYC Investor #2 LLCUnknowntactical20133.00x
USAA EAGLE RE FUNDUSAA EAGLE REreal estate equity1.12x
USPF II Institutional FundUSPFinfrastructure20051.17x1.17x
VIP V S.C.Sp.VIPmulti strategy20230.88x0.04x
Vistria SMA-NYCRF Co-Invest, LPVistriareal estate equity20231.00x0.00x
Vistria Structured Credit Fund I, LPVistria Structuredstructured credit20231.20x
VWH Partners IlL PVWHprivate credit20222.42x0.00x
Warren EquityWarrenbuyout20211.00x0.03x
Waterfall Eden Fund, LPWaterfall Edentactical1.38x1.33x
WCAS FUND XIIIWCASbuyout1.30x
WCAS XIIWCASbuyout20091.65x
WCAS XIV N Co-Invest, L.P.WCASbuyout20221.47x1.47x
Weathergage Venture Capital IWeathergageventure capital20072.84x2.16x
Weathergage Venture Capital IIWeathergageventure capital20114.05x2.88x
Weathergage Venture Capital IVWeathergageventure capital20162.47x0.43x
Welsh, Carson, Anderson & Stowe XIV N Co-InvestWelsh, Carson, Anderson & Stowebuyout20221.47x1.47x
Welsh, Carson, Anderson & Stowe XIV, L.P. Side CarWelsh, Carson, Anderson & Stowebuyout20221.14x
Welsh, Carson, Anderson & Stowe XIV, L.P. Side Car N/AWelsh, Carson, Anderson & Stowebuyout20221.18x1.18x
WEP IV TreeCo Co-InvestWEPco investment20251.10x0.00x
WEP ELIDO I Pond Co-Investment, L.P.WEP ELIDOco investment20240.97x0.00x
Wheatley New York Partners, LPWheatley New Yorkventure capital20021.28x1.23x
Wigeavenmore Co-Investment LPWigeavenmore Coco investment20241.35x0.00x
Wigmore Street BDC IV Co-Investment No.2, LPWigmore Street (BDCco investment20201.09x0.00x
Wigmore Street Co-Investment No. 3, LPWigmore Street (BDCco investment20152.47x1.93x
Wigmore Street VI Co-Investment No. 3, LPWigmore Street (BDCco investment20181.78x0.28x
WR Riviera Co-Invest, LPWR Riviera Co-Invest, LPbuyout20251.19x0.00x
Wynnchurch Capital Partners V PEWynnchurchbuyout20201.28x
Wynnchurch Capital Partners VI, L.P.Wynnchurchbuyout20231.14x0.00x
Yorkshire and Humber Equity FundYork Distressedco investment0.69x0.69x
Yorkshire Investors 3/ Spirit Capital IYork Distressedco investment1.35x1.35x
2024 Golden Bay, L.P.2024 Golden Bay, L.Ptactical20251.00x0.00x
26N Jupiter Co-Investment Partners LP26N Jupiter Coco investment20240.98x0.00x
AC Side Fund III, LPbuyout20210.74x0.00x
Access/NY European Middle Market Buyout Fund II, LPAccess Capital Partnersbuyout20111.71x1.56x
Access/NY European Middle Market Buyout Fund, LPAccess Capital Partnersbuyout20051.26x1.26x
ACORE Opportunistic Credit II, LPACORE Capitaldirect lending20241.04x0.34x
Actis EM IVActisgrowth equity20121.11x1.06x
ACTIS ENERGY FUND 4Actisnatural resources1.59x
ADV Opportunities Fund IADV Partnersmulti strategy20151.29x1.10x
ADV Opportunities Fund II, LPADV Partnersmulti strategy20180.75x0.03x
AE Industrial Partners Fund II, L.P.AE Industrial Partnersbuyout20182.08x0.86x
AIP Co-Invest 2023B SCSpfund of funds20231.12x0.00x
AIRRO Consolidatedbuyout0.94x0.11x
Alpine Investors Fund VIIAlpine Investorsbuyout2.65x1.78x
Alpine Investors Fund VIIIAlpine Investorsbuyout1.46x0.07x
Alpine Investors IXAlpine Investorsbuyout20231.11x0.00x
Alpine IXAlpine Investorsbuyout20231.10x0.00x
Altor Act IAltorbuyout20240.90x0.00x
Altura Capital Fund III, LPAltura Capital Groupbuyout20211.16x0.15x
American Industrial Partners Capital Fund VIII, L.P.American Industrial Partnersbuyout20241.07x0.04x
American Industrial Partners Fund VIIIAmerican Industrial Partnersbuyout20231.20x0.05x
AMERICAN SEC PTNRS VIIAmerican Securitiesdirect lending1.57x
Amulet Capital Fund IIIAmulet Capital Partners, LPbuyout20231.00x0.00x
AMZL, LPbuyout20230.72x0.00x
Anthelion Fund I, LPbuyout20201.26x0.04x
Antin Infrastructure Fund VAntin Infrastructure Partnersinfrastructure0.98x0.00x
Antin Infrastructure Partners Fund IVAntin Infrastructure Partnersinfrastructure1.15x0.04x
Antin Infrastructure Partners Fund V, LPAntin Infrastructure Partnersinfrastructure20231.00x0.06x
Arbor Investments VI, L.P.Arbor Investmentsbuyout20250.94x0.00x

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).