As of March 31, 2017, the since inception Net IRR is 10.8% and the Net Multiple is 1.4x.

The table below reflects the performance of all active PE partnership investments as of March 31, 2017. At the end of each quarter, the General Partners report on the value of invested capital. The General Partners have 120 days to provide Limited Partners with financial data, so there is generally a 2-quarter delay in performance reporting.

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
57 Stars Global Opportunities Fund 2 (CalPERS), LLC 2009 $500,000,000 $394,323,375 $80,825,160 $485,260,249 7.0% 1.2x
57 Stars Global Opportunities Fund, LLC 2007 $430,000,000 $397,830,413 $266,924,760 $575,881,322 7.7% 1.4x
AACP AP Investors, L.P. 2007 $14,108,080 $15,034,188 $9,507,528 $16,959,634 2.1% 1.1x
AACP China Debt Investors, LP 2008 $10,000,000 $15,812,201 $19,783,703 $20,112,199 8.4% 1.3x
AACP China Growth Investors 2007 $50,000,000 $51,905,304 $51,915,042 $85,993,304 8.6% 1.7x
AACP China Venture Investors A, LP 2008 $5,000,000 $4,290,689 $1,908,164 $6,370,171 6.5% 1.5x
AACP India Investors B 2007 $5,000,000 $5,093,054 $1,878,089 $9,066,154 8.3% 1.8x
AACP India Investors C 2009 $5,000,000 $5,104,297 $1,781,342 $10,311,380 18.0% 2.0x
AACP India Venture Investors A 2007 $5,000,000 $5,024,248 $3,380,397 $6,391,298 4.0% 1.3x
Aberdare Ventures IV, LP 2008 $50,000,000 $47,875,000 $19,177,065 $60,508,003 6.3% 1.3x
Advent Global Private Equity IV-A, L.P. 2002 $25,000,000 $24,000,000 $77,973,486 $77,973,486 52.0% 3.2x
Advent International GPE V-D, L.P. 2005 $80,770,691 $77,609,736 $181,875,273 $186,500,219 42.8% 2.4x
Advent International GPE VI-A, L.P. 2008 $500,000,000 $492,306,254 $728,641,914 $1,055,127,919 18.3% 2.1x
Advent International GPE VII-C, L.P. 2012 $450,000,000 $395,382,784 $168,132,784 $584,003,814 16.4% 1.5x
Advent International GPE VIII-B Limited Partnership 2016 $500,000,000 $117,000,000 $0 $114,888,966 -17.9% 1 1.0x 1
Advent Latin America Private Equity Fund IV-D, L.P. 2007 $200,000,000 $205,315,197 $213,740,196 $303,722,445 9.6% 1.5x
Advent Latin America Private Equity Fund V-H L.P. 2010 $100,000,000 $95,700,000 $16,800,000 $117,958,174 6.6% 1.2x
Advent Latin American Private Equity Fund III-D L.P. 2006 $50,000,000 $49,385,090 $64,706,184 $70,688,060 9.7% 1.4x
Affinity Asia Pacific Fund III L.P. 2007 $150,000,000 $152,203,662 $186,299,563 $227,452,532 11.0% 1.5x
Aisling Capital II, LP 2006 $80,000,000 $100,962,889 $73,789,494 $99,664,630 -0.3% 1.0x
Aisling Capital III, LP 2008 $90,000,000 $110,295,437 $115,438,262 $181,742,377 21.8% 1.6x
Alta V Limited Partnership 1992 $35,000,000 $35,000,000 $84,587,808 $84,628,181 25.5% 2.4x
American River Ventures I, LP 2001 $15,000,000 $15,750,000 $899,404 $899,404 -50.5% 0.1x
Apollo Asia Opportunity Fund, LP 2007 $50,000,000 $50,000,000 $44,702,747 $44,702,747 -2.4% 0.9x
Apollo Credit Opportunity Fund I, L.P. 2008 $1,000,000,000 $1,225,580,618 $3,127,522,969 $3,166,526,278 27.4% 2.6x
Apollo European Principal Finance Fund, L.P. 2008 $90,297,508 $165,171,890 $199,224,140 $200,712,205 11.9% 1.2x
Apollo Investment Fund IV, L.P. 1998 $150,000,000 $154,312,417 $254,289,011 $254,572,488 8.5% 1.6x
Apollo Investment Fund V, L.P. 2001 $250,000,000 $388,993,978 $775,737,813 $780,640,848 37.5% 2.0x
Apollo Investment Fund VI, L.P. 2006 $520,000,000 $866,357,105 $1,064,224,682 $1,223,295,408 8.5% 1.4x
Apollo Investment Fund VII, L.P. 2008 $800,000,000 $1,176,896,178 $1,694,982,867 $1,924,284,286 23.2% 1.6x
Apollo Investment Fund VIII, L.P. 2013 $500,000,000 $335,015,352 $50,941,722 $394,557,637 14.0% 1 1.2x 1
Apollo Special Opportunities Managed Account, L.P. 2007 $800,000,000 $800,000,000 $656,854,880 $1,092,679,149 4.2% 1.4x
ArcLight Energy Partners Fund III, L.P. 2006 $200,000,000 $212,312,180 $308,523,303 $315,503,576 8.6% 1.5x
ArcLight Energy Partners Fund IV, L.P. 2007 $250,000,000 $255,794,752 $353,244,719 $385,281,872 12.7% 1.5x
Ares Corporate Opportunities Fund II, L.P. 2006 $200,000,000 $224,922,280 $358,949,876 $377,356,412 13.4% 1.7x
Ares Corporate Opportunities Fund III, L.P. 2008 $400,000,000 $500,303,388 $575,940,758 $914,702,670 20.4% 1.8x
Ares Corporate Opportunities Fund V, L.P. 2017 $425,000,000 $0 $0 $1,290,103 N/M 1 N/M 1
Ares Corporate Opportunities Fund, L.P. 2003 $100,000,000 $135,853,818 $195,665,318 $202,739,814 13.3% 1.5x
Ares Special Situations Fund, L.P. 2007 $150,000,000 $150,000,000 $254,628,433 $263,315,719 12.5% 1.8x
Asia Alternatives Capital Partners II LP 2008 $48,933,451 $48,533,961 $31,985,305 $106,461,939 20.8% 2.2x
Asia Alternatives Capital Partners, LP 2007 $50,000,000 $53,227,251 $68,307,239 $98,498,637 12.3% 1.9x
Avenue Asia Special Situations Fund IV, L.P. 2006 $300,000,000 $271,629,915 $262,681,719 $295,823,527 1.9% 1.1x
Avenue Europe Special Situations Fund, L.P. 2008 $204,376,942 $211,863,792 $283,254,199 $283,254,199 12.2% 1.3x
Avenue Special Situations Fund IV, L.P. 2006 $150,000,000 $150,000,000 $206,705,249 $212,394,733 8.7% 1.4x
Avenue Special Situations Fund V, L.P. 2007 $400,000,000 $473,059,573 $602,296,541 $607,066,129 11.3% 1.3x
Avenue Special Situations Fund VI (A), L.P. 2011 $150,000,000 $153,245,391 $121,846,459 $162,872,844 1.5% 1.1x
Baring Vostok Private Equity Fund IV L.P. / Supplemental 2007 $77,775,000 $85,159,630 $43,218,211 $101,124,444 3.8% 1.2x
Birch Hill Equity Partners (US) III, LP 2005 $126,183,251 $141,750,137 $220,421,506 $256,204,398 11.9% 1.8x
Birch Hill Equity Partners (US) IV, LP 2011 $136,625,126 $122,777,287 $37,396,856 $168,890,616 10.1% 1.4x
Blackstone / GSO Capital Solutions Fund, LP 2010 $250,000,000 $354,577,886 $394,537,640 $451,320,411 11.5% 1.3x
Blackstone Capital Partners IV L.P. 2003 $200,000,000 $229,127,499 $530,785,866 $559,220,181 36.4% 2.4x
Blackstone Capital Partners V L.P. 2006 $600,000,000 $793,387,090 $1,108,867,164 $1,208,371,283 7.9% 1.5x
Blackstone Capital Partners VI L.P. 2011 $500,000,000 $497,905,379 $207,084,629 $671,704,861 12.7% 1.3x
Blackstone Capital Partners VII, L.P. 2016 $500,000,000 $46,426,655 $65,843 $45,073,073 -16.1% 1 1.0x 1
Blackstone Communications Partners I L.P. 2000 $100,000,000 $111,226,418 $135,473,542 $136,490,644 6.6% 1.2x
Blackstone Mezzanine Partners, LP 1999 $100,000,000 $92,784,729 $117,110,759 $117,110,759 8.6% 1.3x
Blackstone Tactical Opportunities Fund - C L.P. 2012 $800,000,000 $904,209,390 $467,237,314 $1,133,837,558 11.7% 1.3x
Blackstone Tactical Opportunities Fund II - C L.P. 2015 $500,000,000 $193,791,738 $32,891,509 $240,954,401 22.3% 1 1.2x 1
Bridgepoint Europe II 'A' LP 2001 $112,169,099 $127,309,360 $225,240,687 $227,315,900 29.3% 1.8x
Bridgepoint Europe III 'D' LP 2005 $202,301,484 $191,932,333 $125,857,852 $213,680,743 1.6% 1.1x
Bridgepoint Europe IV 'D' LP 2008 $397,854,954 $376,411,805 $376,522,220 $558,410,049 10.5% 1.5x
Bridgepoint Europe V 2014 $379,865,146 $179,678,453 $35,982,473 $195,861,806 16.1% 1 1.1x 1
California Asia Investors, L.P. 2008 $150,000,000 $146,023,011 $132,985,198 $607,577,093 35.8% 4.2x
California Community Venture Fund, LLC 2003 $100,000,000 $100,067,655 $69,824,866 $95,721,383 -0.8% 1.0x
California Emerging Ventures II, LLC 1999 $1,351,951,160 $1,391,304,535 $1,630,587,292 $1,723,849,146 4.0% 1.2x
California Emerging Ventures III, LLC 2001 $477,589,317 $576,047,954 $689,038,373 $803,204,621 7.4% 1.4x
California Emerging Ventures IV, LLC 2006 $460,914,266 $477,533,702 $515,307,708 $815,358,672 12.3% 1.7x
California Emerging Ventures, LLC 1999 $957,617,936 $1,094,961,167 $1,254,107,354 $1,277,199,376 3.6% 1.2x
California Mezzanine Investment Fund, L.P. 2016 $80,000,000 $14,189,086 $411,462 $16,412,384 27.0% 1 1.2x 1
CalPERS Clean Energy & Technology Fund, LLC 2007 $465,000,000 $460,525,560 $79,325,964 $259,575,559 -10.1% 0.6x
CalPERS Corporate Partners, LLC 2001 $500,000,000 $523,172,557 $829,312,559 $834,483,478 9.5% 1.6x
CalPERS Wellspring V, L.P. 2011 $24,975,000 $24,725,278 $27,572,117 $43,640,571 27.1% 1.8x
Capital Link Fund I, LLC 2007 $502,000,000 $596,129,319 $552,136,448 $850,144,853 8.1% 1.4x
Capital Link Fund II, LLC 2008 $435,000,000 $456,666,374 $427,333,305 $684,410,065 11.8% 1.5x
Carlyle Asia Growth Partners III, L.P. 2005 $75,000,000 $84,524,853 $74,744,612 $80,225,800 -0.9% 0.9x
Carlyle Asia Growth Partners IV, L.P. 2008 $150,000,000 $161,262,241 $88,456,398 $204,430,481 6.9% 1.3x
Carlyle Asia Partners (PV II), L.P. 2000 $75,000,000 $78,409,168 $214,068,678 $214,068,678 18.4% 2.7x
Carlyle Asia Partners II, L.P. 2006 $150,000,000 $166,392,590 $237,385,232 $252,740,617 8.1% 1.5x
Carlyle Asia Partners III, L.P. 2008 $300,000,000 $367,268,202 $388,584,334 $529,800,701 11.7% 1.4x
Carlyle Europe Partners II, L.P. 2003 $73,416,370 $93,091,885 $146,035,261 $147,594,547 19.7% 1.6x
Carlyle Europe Partners III, L.P. 2007 $420,002,740 $453,642,201 $606,676,256 $704,916,628 10.9% 1.6x
Carlyle Europe Real Estate Partners, L.P. 2002 $30,495,559 $40,959,165 $60,394,091 $60,394,091 13.9% 1.5x
Carlyle Europe Technology Partners II, L.P. 2008 $102,218,107 $109,058,784 $161,065,761 $185,892,960 15.0% 1.7x
Carlyle Global Financial Services Partners, L.P. 2008 $150,000,000 $190,259,738 $231,587,404 $300,872,776 12.9% 1.6x
Carlyle Japan Partners II, L.P. 2006 $157,577,558 $162,024,954 $124,515,452 $171,928,350 1.2% 1.1x
Carlyle Japan Partners, L.P. 2001 $25,498,176 $38,722,584 $76,795,315 $76,795,315 34.1% 2.0x
Carlyle Mexico Partners, L.P. 2005 $25,000,000 $30,754,527 $36,221,350 $37,746,470 8.3% 1.2x
Carlyle Partners IV L.P. 2005 $300,000,000 $315,676,076 $656,869,332 $665,269,427 14.6% 2.1x
Carlyle Partners V, L.P. 2007 $800,000,000 $1,055,413,969 $1,354,158,300 $1,649,753,340 12.8% 1.6x
Carlyle Partners VI, L.P. 2013 $547,000,000 $377,365,063 $88,158,535 $432,396,553 8.8% 1 1.1x 1
Carlyle Realty Partners III, L.P. 2001 $50,000,000 $66,598,110 $122,020,512 $148,481,655 28.5% 2.2x
Carlyle Strategic Partners II, L.P. 2007 $75,000,000 $148,910,451 $184,163,432 $192,693,739 11.5% 1.3x
Carlyle Strategic Partners IV, L.P. 2016 $150,000,000 $16,544,303 $1,739,173 $17,617,342 35.1% 1 1.1x 1
Carlyle U.S. Equity Opportunities II, L.P. 2015 $200,000,000 $53,702,609 $10,975,121 $56,342,271 4.8% 1 1.0x 1
Carlyle U.S. Growth Fund III, L.P. 2006 $75,000,000 $91,700,666 $111,125,661 $121,876,184 7.3% 1.3x
Carlyle Venture Partners II, L.P. 2001 $50,000,000 $77,961,078 $76,404,776 $86,295,723 2.3% 1.1x
Carlyle/Riverstone Global Energy and Power Fund II 2003 $75,000,000 $123,149,609 $212,461,505 $217,480,115 52.7% 1.8x
Carlyle/Riverstone Global Energy and Power Fund III, L.P. 2005 $250,000,000 $266,277,267 $310,309,583 $351,536,153 6.2% 1.3x
Carlyle/Riverstone Renewable Energy Infrastructure Fund I 2006 $60,000,000 $60,235,817 $7,694,697 $7,694,697 -34.9% 0.1x
Castlelake I, L.P. 2007 $75,000,000 $76,666,069 $90,381,205 $116,232,255 6.0% 1.5x
CDH Fund V, L.P. 2014 $200,000,000 $128,980,604 $13,498,131 $144,529,585 6.2% 1 1.1x 1
Centerbridge Capital Partners III, L.P. 2015 $150,000,000 $42,272,805 $1,984,585 $51,707,343 15.1% 1 1.2x 1
Cerberus CAL II Partners, L.P. 2017 $500,000,000 $20,792,079 $0 $14,573,134 N/M 1 N/M 1
Cerberus CP Partners LP 2013 $600,000,000 $603,337,055 $253,465,346 $998,354,769 26.1% 1 1.7x 1
Cerberus Institutional Partners V, L.P. 2012 $400,000,000 $479,288,769 $265,712,673 $766,577,631 17.7% 1.6x
China Privatization Fund (Del), L.P. 2006 $100,000,000 $69,317,995 $133,415,962 $133,415,962 13.7% 1.9x
Clarus Lifesciences I, L.P. 2006 $45,000,000 $40,629,150 $43,632,995 $53,428,676 5.0% 1.3x
Clarus Lifesciences II, L.P. 2008 $75,000,000 $70,627,500 $75,409,761 $140,102,465 18.3% 2.0x
Clearlake Capital Partners III, LP 2012 $50,000,000 $60,204,659 $52,756,041 $114,112,246 37.4% 1.9x
Clearlake Capital Partners IV, L.P. 2015 $56,700,000 $29,854,867 $340,028 $44,323,197 49.4% 1 1.5x 1
Clearlake Opportunities Partners (P), L.P. 2015 $56,700,000 $25,375,843 $3,044,661 $28,195,526 16.2% 1 1.1x 1
Clearwater Capital Partners Fund I, L.P. 2007 $7,381,847 $41,735,012 $35,355,880 $35,409,771 -5.1% 0.8x
Clearwater Capital Partners Fund II Holdings, L.P. 2005 $54,375,000 $63,247,676 $77,754,778 $81,705,099 4.9% 1.3x
Clearwater Capital Partners Fund III, L.P. 2006 $150,000,000 $150,000,000 $137,531,856 $194,660,281 4.2% 1.3x
Clearwater ICPL Co-Investment Fund, L.P. 2017 $8,594,302 $8,594,302 $0 $9,356,355 N/M 1 N/M 1
Coller International Partners V-A, L.P. 2006 $375,000,000 $320,849,738 $390,720,478 $461,792,577 8.6% 1.4x
Craton Equity Investors I, L.P. 2007 $38,153,846 $39,334,061 $5,214,248 $10,636,058 -19.9% 0.3x
CVC Capital Partners Strategic Opportunities Compounding Capital L.P. 2017 $946,199,402 $155,971,154 $5,425,757 $125,680,216 N/M 1 N/M 1
CVC Capital Partners VI, L.P. 2014 $550,535,822 $321,588,930 $15,971,919 $342,142,868 5.3% 1 1.1x 1
CVC Credit Strategic Investment A L.P. 2014 $200,979,704 $123,920,548 $0 $157,040,959 27.9% 1 1.3x 1
CVC European Equity Partners II (D) L.P. 1998 $148,298,308 $174,585,775 $368,076,235 $368,076,235 19.0% 2.1x
CVC European Equity Partners III LP 2001 $200,000,000 $228,470,675 $592,407,402 $597,744,719 41.0% 2.6x
CVC European Equity Partners IV (D) L.P. 2005 $332,875,322 $406,391,792 $700,147,326 $722,297,144 17.2% 1.8x
CVC European Equity Partners Tandem Fund (B) L.P. 2007 $475,724,081 $570,429,899 $723,288,086 $733,940,190 6.7% 1.3x
CVC European Equity Partners V (B) L.P. 2008 $573,790,146 $696,929,463 $841,427,091 $1,063,849,771 13.8% 1.5x
EMAlternatives Investments, L.P. 2007 $100,000,000 $111,881,473 $68,002,796 $141,474,787 5.7% 1.3x
Essex Woodlands Health Ventures Fund VIII, L.P. 2008 $125,000,000 $125,000,000 $38,180,543 $142,055,708 3.1% 1.1x
First Reserve Fund XI, L.P. 2006 $500,000,000 $570,173,986 $351,042,794 $405,612,681 -8.7% 0.7x
First Reserve Fund XII, L.P. 2008 $300,000,000 $339,687,769 $159,381,304 $248,463,237 -8.4% 0.7x
First Reserve Fund XIII, LP 2014 $400,000,000 $115,746,649 $4,690,818 $139,141,565 15.3% 1 1.2x 1
Francisco Partners II, L.P. 2006 $175,000,000 $173,557,092 $232,865,818 $272,262,232 10.5% 1.6x
Francisco Partners III, L.P. 2011 $100,000,000 $93,098,517 $24,904,746 $179,956,457 19.5% 1.9x
Francisco Partners, L.P. 2000 $50,000,000 $52,713,112 $65,882,973 $66,535,847 4.4% 1.3x
GCM Grosvenor DEM II, L.P. 2014 $200,000,000 $45,517,531 $20,818,286 $48,252,402 6.7% 1 1.1x 1
GCM Grosvenor DEM, L.P. 2012 $100,000,000 $56,346,763 $14,579,976 $60,365,256 5.5% 1.1x
Generation Capital Partners, L.P. 1996 $50,000,000 $54,064,964 $65,798,632 $66,091,062 6.3% 1.2x
Golden State Investment Fund, LLC 2006 $533,058,824 $509,894,965 $547,660,190 $759,126,808 8.3% 1.5x
Green Equity Investors IV, L.P. 2003 $168,628,515 $170,691,565 $309,237,267 $319,772,036 11.2% 1.9x
Green Equity Investors V, L.P. 2007 $400,000,000 $446,335,956 $590,435,777 $852,967,791 18.0% 1.9x
GSO Capital Opportunities Fund II L.P. 2011 $250,000,000 $277,003,752 $177,270,543 $334,096,045 14.3% 1.2x
GSO Capital Opportunities Fund L.P. 2008 $100,000,000 $165,825,660 $227,990,268 $231,398,270 17.4% 1.4x
GSO Capital Solutions Fund II, L.P. 2014 $500,000,000 $336,841,807 $119,215,012 $403,254,252 19.9% 1 1.2x 1
GSO Energy Partners-C II LP 2016 $250,000,000 $74,061,310 $2,652,349 $88,258,973 40.5% 1 1.2x 1
GSO Energy Partners-C LP 2013 $400,000,000 $334,120,522 $126,643,911 $337,452,096 0.6% 1 1.0x 1
Hellman & Friedman Capital Partners V LP 2004 $200,000,000 $183,940,613 $484,300,130 $488,308,270 27.9% 2.7x
Hellman & Friedman Capital Partners VI 2007 $600,000,000 $612,554,084 $974,859,632 $1,107,063,202 13.1% 1.8x
Hellman & Friedman Capital Partners VII 2011 $300,000,000 $283,779,006 $126,132,826 $480,529,764 19.3% 1.7x
Hellman & Friedman Capital Partners VIII, L.P. 2016 $500,000,000 $31,699,648 $6,643,956 $34,988,211 29.5% 1 1.1x 1
ICV Partners II, L.P. 2005 $31,220,000 $40,134,173 $60,554,899 $67,344,907 13.5% 1.7x
Insight Venture Partners IX, L.P. 2015 $100,000,000 $61,599,061 $55,082 $70,176,630 12.0% 1 1.1x 1
Insight Venture Partners V, L.P. 2005 $32,500,000 $32,500,000 $75,823,966 $89,401,281 21.0% 2.8x
Insight Venture Partners VI, L.P. 2007 $68,000,000 $73,833,084 $141,417,425 $173,582,278 19.0% 2.4x
Khosla Ventures III, L.P. 2009 $200,000,000 $195,000,000 $118,073,250 $222,074,562 2.6% 1.1x
Khosla Ventures Seed, L.P. 2009 $60,000,000 $60,000,000 $10,504,328 $50,530,429 -3.4% 0.8x
KKR 2006 Fund L.P. 2006 $400,000,000 $593,444,169 $658,458,564 $855,229,266 7.6% 1.4x
KKR Asian Fund II L.P. 2013 $500,000,000 $419,422,636 $76,505,119 $561,585,529 20.6% 1 1.3x 1
KKR Asian Fund L.P. 2007 $272,575,591 $352,840,243 $517,998,006 $584,593,911 13.5% 1.7x
KKR European Fund II, L.P. 2005 $203,211,142 $236,068,484 $292,451,068 $294,660,705 3.9% 1.2x
KKR European Fund III, L.P. 2008 $344,595,391 $417,347,310 $383,286,702 $552,310,819 8.7% 1.3x
KKR European Fund, L. P. 2001 $75,000,000 $99,833,639 $216,818,861 $216,818,861 24.7% 2.2x
KKR Millennium Fund L.P. 2002 $150,000,000 $208,147,033 $354,879,493 $369,319,875 16.3% 1.8x
Kline Hawkes Pacific, L.P. 2000 $100,000,000 $100,000,000 $46,954,699 $68,387,989 -4.9% 0.7x
KM Corporate Partners Fund II, LP 2007 $200,000,000 $191,535,989 $169,740,571 $288,278,353 9.3% 1.5x
KPS Special Situations Fund III, LP 2007 $175,000,000 $243,197,603 $324,472,113 $382,360,608 22.6% 1.6x
Lime Rock Partners IV, LP 2006 $43,000,000 $47,445,122 $30,580,963 $134,758,966 15.8% 2.8x
Lime Rock Partners V, L.P. 2008 $85,000,000 $93,225,854 $47,213,687 $87,962,386 -1.4% 0.9x
Lindsay Goldberg IV, L.P. 2015 $250,000,000 $49,790,190 $5,428,912 $54,383,779 17.1% 1 1.1x 1
Lion Capital Fund II, L.P. 2007 $221,049,424 $259,640,876 $169,992,498 $197,001,894 -5.9% 0.8x
Madison Dearborn Capital Partners IV, L.P. 2000 $150,000,000 $173,964,778 $302,551,626 $316,479,628 14.2% 1.8x
Madison Dearborn Capital Partners V, L.P. 2006 $300,000,000 $351,454,364 $457,633,037 $516,690,114 7.0% 1.5x
Magnum Capital, L.P. 2007 $136,402,855 $144,893,628 $147,317,575 $179,870,859 4.9% 1.2x
MHR Institutional Partners II LP 2003 $50,000,000 $53,000,000 $71,332,870 $89,360,393 10.5% 1.7x
MHR Institutional Partners III LP 2006 $350,000,000 $371,000,000 $366,293,250 $518,263,406 7.0% 1.4x
New Mountain Partners II, L.P. 2005 $150,000,000 $137,788,835 $264,006,690 $266,911,407 13.7% 1.9x
New Mountain Partners III, L.P. 2007 $400,000,000 $449,906,506 $490,137,778 $772,280,048 13.0% 1.7x
Newbridge Asia IV, L.P. 2005 $180,000,000 $195,554,362 $392,238,244 $410,407,102 16.8% 2.1x
Nogales Investors Fund I , LP 2001 $25,000,000 $33,953,285 $24,056,581 $24,133,192 -8.0% 0.7x
Oak Hill Capital Partners II, L.P. 2004 $75,000,000 $86,580,248 $132,440,603 $137,101,503 9.8% 1.6x
Oak Hill Capital Partners III, L.P. 2007 $300,000,000 $368,554,385 $375,201,256 $558,169,726 10.3% 1.5x
Oaktree Opportunities Fund VIIIb, L.P. 2011 $200,000,000 $200,000,000 $104,512,325 $236,256,819 4.3% 1.2x
Onex Partners IV, L.P. 2014 $300,000,000 $209,949,398 $12,510,420 $214,871,486 2.1% 1 1.0x 1
PAG Asia I LP 2012 $100,000,000 $111,878,672 $73,979,845 $163,331,386 19.8% 1.5x
Palladium Equity Partners III, L.P. 2004 $193,750,000 $251,773,837 $339,670,539 $460,087,870 17.1% 1.8x
Patria Brazilian Private Equity Fund V, L.P. 2015 $150,000,000 $11,515,964 $0 $12,368,410 8.6% 1 1.1x 1
Permira Europe III 2004 $126,989,866 $126,989,866 $215,465,328 $219,174,083 26.6% 1.7x
Permira IV L.P.2 2006 $287,487,974 $349,848,634 $438,284,787 $502,367,740 7.6% 1.4x
Permira V, L.P. 2014 $266,292,464 $235,610,342 $3,098,559 $258,949,426 5.1% 1 1.1x 1
Permira VI L.P. 1 2017 $470,152,540 $20,727,630 $0 $17,296,559 N/M 1 N/M 1
Polish Enterprise Fund V, L.P. 2004 $59,194,983 $69,430,445 $129,792,823 $134,081,768 15.1% 1.9x
Polish Enterprise Fund VI, L.P. 2006 $139,196,012 $150,874,329 $130,840,768 $209,988,509 5.5% 1.4x
Providence Equity Partners V 2005 $125,000,000 $157,796,229 $172,746,316 $193,972,055 3.9% 1.2x
Providence Equity Partners VI L.P. 2007 $320,000,000 $498,478,885 $462,508,161 $630,466,993 5.8% 1.3x
RFG Private Equity Limited Partnership No. 1A, 1B and 1C 2004 $33,957,197 $33,964,880 $39,754,462 $47,738,770 7.6% 1.4x
Rhone Partners III, L.P. 2006 $135,094,845 $145,326,327 $183,275,121 $199,594,217 9.1% 1.4x
Richardson Capital Private Equity Limited Partnership No.2A, 2B and 2C 2006 $41,563,424 $25,025,824 $12,093,817 $13,285,499 -11.8% 0.5x
Riverstone Global Energy and Power Fund V, L.P. 2012 $400,000,000 $396,600,804 $181,440,107 $440,371,078 4.6% 1.1x
Riverstone Global Energy and Power Fund VI, L.P. 2016 $500,000,000 $100,672,870 $2,201,634 $170,767,513 265.9% 1 1.7x 1
Riverstone/Carlyle Global Energy and Power Fund IV, L.P. 2008 $500,000,000 $572,370,317 $398,998,358 $676,287,654 5.2% 1.2x
Riverstone/Carlyle Renewable & Alternative Energy Fund II, L.P. 2008 $300,000,000 $324,449,293 $209,655,114 $388,583,984 4.9% 1.2x
Riverwood Capital Partners (Parallel - A) L.P. 2010 $150,000,000 $166,623,673 $250,338,391 $323,957,254 25.0% 1.9x
Sacramento Private Equity Partners, L.P. 2006 $605,000,000 $519,585,952 $538,764,370 $839,502,716 10.4% 1.6x
SAIF Partners III L.P. 2007 $100,000,000 $125,245,773 $82,470,930 $245,496,946 10.4% 2.0x
SAIF Partners IV L.P. 2010 $120,000,000 $143,456,026 $33,246,999 $202,795,463 9.5% 1.4x
Sankaty Managed Account (CalPERS), L.P. 2014 $500,000,001 $309,230,001 $42,570,000 $333,495,437 6.1% 1 1.1x 1
Silver Lake Partners II, L.P. 2004 $125,000,000 $135,396,994 $218,439,745 $236,557,275 11.1% 1.7x
Silver Lake Partners III, L.P. 2007 $480,000,000 $604,879,169 $787,045,893 $1,079,205,598 18.6% 1.8x
Silver Lake Partners IV, L.P. 2013 $320,000,000 $243,439,720 $110,288,968 $359,011,662 31.9% 1 1.5x 1
Siris Partners III, L.P. 2015 $75,000,000 $39,297,391 $3,234,662 $39,010,881 -1.0% 1 1.0x 1
Tailwind Capital Partners (PP), LP 2007 $77,510,000 $93,727,252 $113,184,524 $145,041,068 12.4% 1.5x
Tailwind Capital Partners II, LP 2014 $150,000,000 $101,985,832 $14,286,274 $127,168,241 20.0% 1 1.2x 1
Technology Partners Fund VI, L.P. 1998 $20,567,775 $25,000,000 $13,043,551 $13,043,551 -14.8% 0.5x
The Central Valley Fund II SBIC, LP 2012 $12,000,000 $7,111,040 $822,134 $11,009,090 14.6% 1.5x
The Central Valley Fund, LP 2005 $40,000,000 $32,287,502 $40,822,401 $41,389,871 9.1% 1.3x
The Resolute Fund II, L.P. 2008 $200,000,000 $214,601,095 $193,837,914 $303,514,725 9.0% 1.4x
Thomas H. Lee Equity Fund VI, L.P 2006 $240,000,000 $402,180,412 $395,976,587 $549,413,155 7.5% 1.4x
TowerBrook Investors II, L.P. 2005 $200,000,000 $194,733,904 $269,145,012 $315,647,578 10.0% 1.6x
TowerBrook Investors III, L.P. 2008 $300,000,000 $319,204,234 $335,842,042 $426,296,699 10.1% 1.3x
TowerBrook Investors IV (Onshore), L.P. 2013 $380,000,000 $106,689,288 $53,770,923 $163,820,885 38.5% 1 1.5x 1
Towerbrook Structured Opportunities Fund (Onshore), L.P. 2016 $221,786,667 $56,717,356 $10,004,240 $58,268,959 10.1% 1 1.0x 1
TPG Asia V, L.P. 2007 $360,000,000 $350,416,912 $304,979,330 $463,400,049 6.0% 1.3x
TPG Biotechnology Partners II, L.P. 2006 $70,000,000 $71,888,857 $53,979,958 $73,880,157 0.5% 1.0x
TPG Biotechnology Partners III, L.P. 2008 $100,000,000 $96,184,351 $64,010,153 $118,490,625 5.1% 1.2x
TPG Partners IV, L.P. 2003 $200,000,000 $225,811,312 $417,779,931 $438,343,564 15.6% 1.9x
TPG Partners V, L.P. 2006 $600,000,000 $811,329,685 $803,569,283 $1,010,808,104 3.9% 1.2x
TPG Partners VI, L.P. 2008 $825,000,000 $924,789,730 $850,584,875 $1,365,754,844 11.1% 1.5x
TPG STAR, L.P. 2007 $150,000,000 $166,484,352 $179,350,822 $263,094,963 11.3% 1.6x
Trident VI 2014 $250,000,000 $165,298,522 $21,645,359 $194,503,378 12.4% 1 1.2x 1
Triton Fund IV L.P. 2013 $87,815,969 $49,174,708 $15,480,288 $50,296,049 1.1% 1 1.0x 1
VantagePoint CleanTech Partners, L.P. 2006 $25,000,000 $25,000,000 $12,704,911 $21,452,757 -3.5% 0.9x
VantagePoint Venture Partners 2006 (Q), L.P. 2006 $100,000,000 $100,000,000 $7,837,270 $49,769,449 -11.6% 0.5x
Vicente Capital Partners Growth Equity Fund, L.P. 2007 $40,422,297 $39,746,866 $23,723,099 $56,874,357 8.0% 1.4x
W Capital Partners II, L.P. 2007 $141,125,000 $140,615,876 $162,632,900 $197,241,667 10.8% 1.4x
Wellspring Capital Partners V, L.P. 2011 $150,000,000 $163,714,484 $162,117,364 $247,117,576 18.7% 1.5x
Welsh, Carson, Anderson & Stowe X, L.P. 2005 $175,000,000 $171,500,000 $259,573,689 $290,818,433 8.1% 1.7x
Welsh, Carson, Anderson & Stowe XI, L.P. 2009 $125,000,000 $124,056,579 $109,489,153 $195,569,504 13.2% 1.6x
Welsh, Carson, Anderson & Stowe XII, L.P. 2015 $350,000,000 $97,484,824 $0 $119,909,424 13.6% 1 1.2x 1
WLR Recovery Fund II, L.P. 2002 $50,000,000 $50,000,000 $120,565,266 $121,355,295 78.8% 2.4x
WLR Recovery Fund III, L.P. 2005 $198,000,000 $198,000,000 $128,751,577 $156,791,885 -4.4% 0.8x
WLR Recovery Fund IV, L.P. 2007 $400,000,000 $363,747,718 $440,683,549 $498,519,891 8.0% 1.4x
Yucaipa American Alliance Fund I, L.P. 2002 $200,000,000 $314,764,188 $268,050,907 $340,717,254 2.4% 1.1x
Yucaipa American Alliance Fund II, L.P. 2008 $400,000,000 $557,456,161 $335,052,025 $769,102,954 8.1% 1.4x
Yucaipa Corporate Initiatives Fund I, L.P. 2001 $200,000,000 $288,655,697 $167,303,256 $216,896,526 -4.9% 0.8x
Yucaipa Corporate Initiatives Fund II, L.P. 2008 $93,539,524 $91,320,511 $28,150,439 $84,639,401 -1.5% 0.9x
  1. Not Meaningful: Funds with a vintage year of 2013 or later are in the initial stages of their investment life cycle. Any performance analysis done on these funds would not generate meaningful results as private equity funds are understood to be long-term investments.
  2. Partnership investment is using a cash adjusted market value.