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

All Private equity Private credit Real assets Opportunistic

Fund	Manager	Strategy	Vintage	Committed	Net IRR	TVPI	DPI
Waterland Private Equity Fund VIII C.V.	Waterland	buyout	2001	—	—	1.27x	0.00x
Waterland Private Equity VI, L.P. Overflow Feeder	Waterland	buyout	2004	—	—	0.14x	0.00x
Webster StrideCare Co-investment Fund, L.P.	Webster	co investment	2024	—	—	1.31x	0.00x
Webster USPP Co-Investment Fund, L.P.	Webster	co investment	2024	—	—	1.00x	0.00x
Westbridge Fund III	WestBridge Capital	buyout	—	—	—	1.01x	0.67x
WestBridge II LP	WestBridge Capital	buyout	—	—	—	2.65x	1.01x
Whitehorse Liquidity Partners (Empire), LP	Whitehorse Liquidity Partners	direct lending	2019	—	—	1.47x	0.19x
Whitney Global Partners II L.P.	J.H. Whitney	buyout	2024	—	—	1.07x	0.00x
WM Partners III	WM Partners	tactical	2022	—	—	1.22x	0.35x
WPCS FF Co-Invest Excelsior, L.P.	—	direct lending	2024	—	—	1.06x	0.01x
ZF Co-Invest	—	co investment	2025	—	—	1.70x	—
GGV CAPITAL VII PLUS L.P.	Notable Capital	—	—	—	—	1.23x	0.11x
GGV CAPITAL VII L.P.	Notable Capital	—	—	—	—	1.11x	0.05x
NEW ENTERPRISE ASSOCIATES 14, L.P.	New Enterprise Associates (NEA)	—	—	—	—	3.31x	1.50x
GI DATA INFRASTRUCTURE FUND II LP	GI Partners	—	—	—	—	1.07x	0.00x
GA CONTINUITY II (GT) FUND, L.P.	General Atlantic	—	—	—	—	1.19x	0.00x
JSC Capital Partners, L.P.	JSC Capital Partners	—	2024	—	—	1.20x	0.00x
Lux Ventures VIII, L.P.	Lux Ventures	—	2023	—	—	1.41x	0.00x

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).