The CalPERS Emerging Manager funds are managed by Grosvenor Capital Management (CFIG) and focused on domestic emerging managers.
Jessica Holsey, Principal
CalPERSReferrals@gcmlp.com
GCM Grosvenor
767 Fifth Avenue, 14th Floor
New York, NY 10153
(646) 362-3656
The table shows fund performance information for GCM Grosvenor Private Markets as of March 31, 2023.
Fund | Vintage Year | Capital Committed | Cash In | Cash Out | Cash Out & Remaining Value | Net IRR | Investment Multiple |
---|---|---|---|---|---|---|---|
Fund | Vintage Year | Capital Committed | Cash In | Cash Out | Cash Out & Remaining Value | Net IRR | Investment Multiple |
Aldrich Capital Partners Fund, LP | 2018 | $8,663,366 | $8,499,500 | $0 | $12,583,192 | 12.8% | 1.5x |
Arcadius (SW) Energy Capital, LP | 2018 | $14,851,485 | $13,026,038 | $0 | $11,623,186 | -2.4% | 0.9x |
Argand Partners Fund, LP | 2017 | $14,851,485 | $12,737,295 | $462,721 | $19,162,759 | 8.5% | 1.5x |
Avance Investment Partners, L.P. | 2021 | $34,684,685 | $14,593,237 | $350,939 | $16,760,203 | N/M1 | N/M |
Avante Mezzanine Partners SBIC II, LP | 2015 | $14,563,107 | $12,130,194 | $12,495,146 | $21,615,034 | 16.1% | 1.8x |
Cornell Capital Partners II LP | 2022 | $34,684,685 | $12,139,640 | $0 | $11,888,673 | N/M1 | N/M |
Crayhill Capital Management LP Master Co-Investment | 2018 | $3,300,330 | $3,292,481 | $3,891,870 | $3,941,280 | 12.6% | 1.2x |
Crayhill Principal Strategies Fund LP | 2017 | $6,600,660 | $4,137,136 | $5,357,538 | $5,357,538 | 12.1% | 1.3x |
CRG Partners III (Holdings 2) L.P. | 2016 | $11,165,049 | $2,717,892 | $2,840,171 | $6,924,362 | 9.4% | 2.5x |
EIV Capital Fund II, LP | 2014 | $14,851,485 | $13,194,378 | $9,034,472 | $18,092,802 | 9% | 1.4x |
Gemspring Capital Fund I, LP | 2017 | $14,851,485 | $12,299,510 | $28,837,802 | $49,571,895 | 74.1% | 4.0x |
Gemspring Capital Fund II, LP | 2020 | $19,819,820 | $12,677,641 | $7,513 | $14,112,179 | 8%1 | 1.1x |
Grain Communications Opportunity Fund II, L.P. | 2018 | $19,801,980 | $18,047,082 | $8,135 | $29,559,292 | 17.1% | 1.6x |
HPH II FF, LP | 2019 | $34,684,685 | $32,668,894 | $7,643,117 | $53,248,282 | 21.1%1 | 1.6x |
Juggernaut Capital Partners III, L.P. | 2015 | $8,663,366 | $6,397,281 | $10,070,893 | $16,919,956 | 18.1% | 2.6x |
Kingswood Capital Opportunities Fund I, L.P. | 2019 | $34,684,685 | $17,778,742 | $41,347,490 | $101,183,599 | 273.5%1 | 5.7x |
Kingswood Capital Opportunities Fund II, L.P. | 2022 | $9,909,910 | $2,006,744 | $188 | $1,784,942 | N/M1 | N/M |
Maranon Mezzanine Fund II, L.P. | 2014 | $9,223,301 | $7,774,395 | $12,334,842 | $14,185,983 | 14.7% | 1.8x |
Mill Point Capital Partners II, L.P. | 2021 | $19,819,820 | $12,797,124 | $0 | $15,454,170 | N/M1 | N/M |
Mill Point Capital Partners, L.P. | 2017 | $14,851,485 | $13,910,815 | $11,617,439 | $31,923,348 | 25.7% | 2.3x |
New Heritage Capital Fund | 2014 | $9,320,388 | $8,839,160 | $13,554,646 | $19,451,842 | 19% | 2.2x |
New Heritage Capital Fund III, L.P. | 2019 | $9,900,990 | $7,741,190 | $1,982,431 | $14,281,859 | 30.7%1 | 1.8x |
NHC III GCM Co-Investors, L.P. | 2019 | $4,950,495 | $3,786,147 | $275,972 | $7,515,363 | 30%1 | 2.0x |
NovaQuest Pharma Opportunities Fund IV, L.P. | 2015 | $9,320,388 | $9,146,035 | $1,944,146 | $4,853,264 | -12.3% | 0.5x |
ParkerGale Capital, LP | 2015 | $14,851,485 | $14,851,485 | $12,454,496 | $21,843,832 | 8.8% | 1.5x |
Peak Rock Capital Credit Fund II, L.P. | 2017 | $2,970,297 | $2,336,928 | $2,193,596 | $2,966,249 | 21.5% | 1.3x |
Peak Rock Capital Fund II, LP | 2017 | $11,881,188 | $8,586,668 | $10,051,580 | $15,056,877 | 33.7% | 1.8x |
Peak Rock Capital Fund III LP | 2021 | $14,864,865 | $5,492,875 | $993,336 | $7,491,223 | N/M1 | N/M |
Peak Rock Capital Fund LP | 2013 | $9,223,301 | $8,488,498 | $9,117,216 | $13,264,242 | 16.9% | 1.6x |
Recognize Partners I, L.P. | 2021 | $19,819,820 | $6,776,615 | $8,574 | $6,201,064 | N/M1 | N/M |
Resolve Growth Partners Fund I (Side Car), L.P. | 2019 | $5,662,806 | $3,843,213 | $0 | $5,576,648 | 17.7%1 | 1.5x |
Resolve Growth Partners Fund I, L.P. | 2019 | $14,157,014 | $11,937,320 | $133,994 | $15,069,313 | 10.8%1 | 1.3x |
Resurgens Technology Partners, L.P. | 2018 | $8,663,366 | $8,249,742 | $8,864,244 | $19,264,933 | 34.5% | 2.3x |
Revelstoke Capital Partners Fund I, L.P. | 2015 | $14,851,485 | $14,635,472 | $23,914,448 | $37,129,443 | 18.9% | 2.5x |
Reverence Capital Partners Opportunities Fund II, L.P. | 2018 | $14,851,485 | $11,526,548 | $1,726,233 | $23,467,407 | 26% | 2.0x |
Siris Partners II, L.P. | 2012 | $9,320,388 | $8,086,717 | $7,530,926 | $8,870,997 | 2.5% | 1.1x |
SkyKnight Capital Fund III, L.P. | 2021 | $9,909,910 | $7,384,599 | $1,465,274 | $11,216,711 | N/M1 | N/M |
Stellex Capital Partners II LP | 2021 | $84,234,234 | $55,585,283 | $2,362,621 | $60,574,884 | N/M1 | N/M |
Stellex Capital Partners LP | 2015 | $14,563,107 | $10,064,276 | $6,590,294 | $23,848,317 | 24% | 2.4x |
The Central Valley Fund III (SBIC), LP | 2017 | $9,900,990 | $6,930,693 | $0 | $9,248,879 | 6.7% | 1.3x |
Tritium I, L.P. | 2015 | $8,663,366 | $7,831,887 | $12,873,974 | $20,543,986 | 25.3% | 2.6x |
Valor Equity Partners III L.P. | 2013 | $9,320,388 | $9,376,740 | $13,925,242 | $20,625,092 | 13.5% | 2.2x |
Vistria Fund II, LP | 2017 | $14,851,485 | $13,510,161 | $17,011,135 | $33,168,231 | 30.4% | 2.5x |
Vistria Fund III, LP | 2020 | $34,684,685 | $30,637,165 | $0 | $40,275,267 | 12.7%1 | 1.3x |