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Vista Portfolio

The Vista Portfolio includes funds within the PE Portfolio that the PE Program is actively monitoring and managing toward liquidation. In order to effectively manage these relationships, the PE Program has outsourced the management and administration of the Vista Portfolio to LP Capital Advisors, the current external monitoring partner of the PE Program.

Vista Portfolio
520 Capitol Mall, Suite 750
Sacramento, CA 95814
(916) 231-3900
Calpers_vista@lpcapitaladvisors.com

All of the information on this page is as of September 30, 2012.

Below is fund performance information for Vista Portfolio.

Note: The figures shown are reported by the general partners. For funds with a vintage year of 2008 or sooner, the investment multiple was noted as N/M, which means Not Meaningful. The term N/A means Not Available. Partnership investments ending with a 1 are using cash adjusted market values.
Fund
Description		 Vin-
tage
Year1		 Capital
Committed		 Cash In Cash Out Cash Out &
Remaining
Value		 Net IRR2 Foot-
notes		 Invest-
ment
Multiple3		 Foot-
notes
Acon-Bastion Partners II, L.P. 2006 $70,000,000 $61,967,542 $13,175,845 $122,332,864 20.9% 2.00x
Alta BioPharma Partners II, L.P. 2000 44,375,825 63,968,792 61,656,644 65,816,771 .7 1.00x
Alta V Limited Partnership 1992 35,000,000 35,000,000 84,587,808 85,000,000 25.5 2.40x
American River Ventures I, LP 2001 15,000,000 15,000,000 134,980 134,980 (61.9) 0.00x
APA Excelsior IV, L.P. 1995 25,000,000 25,000,000 49,131,472 50,148,702 20.2 2.00x
Banc of America Community Venture Fund 2003 100,000,000 84,798,269 16,725,344 76,856,426 (2.4) 0.90x
Carlyle Europe Realty Partners, L.P. 1 2002 30,432,383 30,941,440 50,376,365 50,376,365 13.9 1.60x
Carlyle Realty Qualified Ptrs III, L.P. 2001 50,000,000 46,705,386 84,689,736 100,093,987 28.3 2.10x
China Privatization Fund I, L.P. 1 2006 100,000,000 69,317,995 133,415,962 133,415,962 13.7 1.90x
Darby Converging Europe Mezzanine Fund 2006 33,731,948 32,710,840 4,538,687 25,730,634 (5.5) 0.80x
DFJ Frontier Fund, L.P. 2002 20,000,000 20,000,000 3,081,271 17,222,642 (2.7) 0.90x
Ethos Private Equity Fund III 1996 25,000,000 26,434,538 44,078,901 44,256,838 12.9 1.70x
Exxel Capital Partners V, L.P. 1 1998 75,000,000 81,860,844 4,741,826 4,874,392 (35.9) 0.10x
Fenway Partners Capital Fund, L.P. 1 1996 100,000,000 98,672,146 98,573,978 99,694,004 .2 1.00x
Garage California Entrepreneurs Fund, LP 2002 10,000,000 10,000,000 4,830,875 9,102,118 (1.8) 0.90x
Generation Capital Partners, L.P. 1996 50,000,000 46,865,162 58,598,829 58,968,879 6.3 1.30x
Golder, Thoma, Cressey & Rauner Fund IV 1 1994 25,000,000 25,000,000 52,934,605 53,031,597 25.1 2.10x
Kline Hawkes Pacific, L.P. 2000 100,000,000 100,000,000 45,952,675 77,367,446 (4.1) 0.80x
Lombard Asia III 2007 46,875,000 32,001,253 8,782,379 76,688,313 25.3 2.40x
Lombard Thailand Partners, L.P. 2001 75,000,000 64,905,857 141,073,777 150,708,103 16.2 2.30x
Lombard/Pacific Partners, L.P. 1995 400,000,000 355,375,350 465,798,165 466,224,411 5.9 1.30x
Markstone Capital Partners, L.P. 2004 25,000,000 46,521,346 22,146,592 33,860,993 (8.8) 0.70x
Nogales Investors Fund I, LP 2001 25,000,000 24,814,581 7,605,862 12,977,817 (14.3) 0.50x
Pacific Comm Ventures Invest Ptrs II 2002 10,000,000 10,127,744 4,179,207 6,706,765 (9.1) 0.70x
RFG Private Equity Group 2004 33,989,041 33,448,923 36,014,245 48,119,781 9.5 1.40x
Richardson Capital Private Equity LP 2 2006 47,550,257 24,336,432 8,621,833 15,020,288 (10.8) 0.60x
SpaceVest Fund Limited Partnership 1995 30,000,000 29,985,824 15,605,807 15,526,228 N/A 0.50x
Technology Partners Fund V, L.P. 1994 12,396,600 18,000,000 24,122,474 24,696,751 6.8 1.40x
Technology Partners Fund VI, L.P. 1998 20,567,755 25,000,000 12,764,422 13,843,637 (12.8) 0.60x
   
N/M Internal rates of return (IRR) and multiples are not meaningful in the early years of a fund nor are they indicative of future performance.
n/a Not applicable.
n.m. Not meaningful.