As of June 30, 2018, the since inception Net IRR is 11.0% and the Net Multiple is 1.5x.

The table below reflects the performance of all active PE partnership investments as of June 30, 2018. 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 $447,376,846 $153,292,259 $628,525,434 9.4% 1.4x
57 Stars Global Opportunities Fund, LLC 2007 $430,000,000 $407,002,799 $423,738,045 $604,638,644 7.6% 1.5x
AACP AP Investors, L.P. 2007 $14,108,080 $14,826,090 $15,440,089 $17,616,821 2.8% 1.2x
AACP China Debt Investors, LP 2008 $10,000,000 $15,834,187 $20,146,425 $20,211,990 8.4% 1.3x
AACP China Growth Investors 2007 $50,000,000 $51,914,925 $81,135,989 $83,143,173 7.9% 1.6x
AACP China Venture Investors A, LP 2008 $5,000,000 $4,296,128 $2,352,837 $8,150,892 9.2% 1.9x
AACP India Investors B 2007 $5,000,000 $5,124,612 $2,177,490 $10,727,818 9.3% 2.1x
AACP India Investors C 2009 $5,000,000 $5,118,950 $1,849,517 $10,627,743 15.2% 2.1x
AACP India Venture Investors A 2007 $5,000,000 $5,055,201 $4,850,709 $6,156,050 3.1% 1.2x
Aberdare Ventures IV, LP 2008 $50,000,000 $50,000,000 $19,177,065 $56,234,297 2.8% 1.1x
Advent International GPE V-D, L.P. 2005 $81,079,391 $77,609,736 $183,254,304 $188,153,175 42.8% 2.4x
Advent International GPE VI-A, L.P. 2008 $500,000,000 $502,306,204 $813,728,804 $1,069,228,970 17.4% 2.1x
Advent International GPE VII-C, L.P. 2012 $450,000,000 $423,732,784 $253,632,784 $783,670,232 20.0% 1.8x
Advent International GPE VIII-B Limited Partnership 2016 $500,000,000 $245,750,000 $0 $270,707,893 9.9% 1 1.1x 1
Advent Latin America Private Equity Fund IV-D, L.P. 2007 $200,000,000 $205,315,197 $264,640,196 $303,560,583 9.1% 1.5x
Advent Latin America Private Equity Fund V-H L.P. 2010 $100,000,000 $95,700,000 $35,250,000 $106,376,424 2.6% 1.1x
Advent Latin American Private Equity Fund III-D L.P. 2006 $50,000,000 $49,385,090 $66,456,184 $71,816,540 9.8% 1.5x
Affinity Asia Pacific Fund III L.P. 2007 $150,000,000 $152,960,757 $187,056,658 $226,024,659 10.4% 1.5x
Aisling Capital II, LP 2006 $80,000,000 $100,985,598 $88,180,925 $100,921,830 0.0% 1.0x
Aisling Capital III, LP 2008 $90,000,000 $112,819,703 $151,580,818 $237,627,058 26.2% 2.1x
Alta V Limited Partnership 1992 $35,000,000 $35,000,000 $84,587,808 $84,613,080 25.5% 2.4x
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 $3,134,339,445 $3,176,234,995 27.4% 2.6x
Apollo European Principal Finance Fund, L.P. 2008 $83,436,969 $165,171,890 $200,017,990 $200,653,236 11.9% 1.2x
Apollo Investment Fund IV, L.P. 1998 $150,000,000 $154,312,417 $254,289,011 $254,480,897 8.5% 1.6x
Apollo Investment Fund V, L.P. 2001 $250,000,000 $388,993,978 $776,633,765 $780,824,100 37.5% 2.0x
Apollo Investment Fund VI, L.P. 2006 $520,000,000 $866,357,105 $1,116,587,370 $1,226,957,085 8.3% 1.4x
Apollo Investment Fund VII, L.P. 2008 $800,000,000 $1,185,352,550 $1,748,350,378 $1,936,958,832 22.7% 1.6x
Apollo Investment Fund VIII, L.P. 2013 $500,000,000 $434,880,099 $121,915,135 $571,211,207 15.4% 1.3x
Apollo Special Opportunities Managed Account, L.P. 2007 $800,000,000 $800,000,000 $806,029,222 $1,094,525,921 4.0% 1.4x
ArcLight Energy Partners Fund III, L.P. 2006 $200,000,000 $212,312,180 $314,980,433 $315,476,604 8.6% 1.5x
ArcLight Energy Partners Fund IV, L.P. 2007 $250,000,000 $255,794,752 $365,958,923 $389,642,412 12.7% 1.5x
Ares Corporate Opportunities Fund II, L.P. 2006 $200,000,000 $224,922,280 $358,949,876 $373,177,447 13.1% 1.7x
Ares Corporate Opportunities Fund III, L.P. 2008 $400,000,000 $502,552,682 $696,551,743 $1,079,892,631 22.0% 2.1x
Ares Corporate Opportunities Fund V, L.P. 2017 $425,000,000 $143,736,287 $5,772,241 $143,326,662 N/M 1 N/M 1
Ares Corporate Opportunities Fund, L.P. 2003 $100,000,000 $135,853,818 $195,665,318 $201,245,449 13.1% 1.5x
Asia Alternatives Capital Partners II LP 2008 $48,933,451 $49,609,010 $46,735,370 $131,364,171 21.6% 2.6x
Asia Alternatives Capital Partners, LP 2007 $50,000,000 $53,375,168 $84,280,690 $99,704,680 12.0% 1.9x
Avenue Asia Special Situations Fund IV, L.P. 2006 $300,000,000 $271,629,915 $297,297,571 $297,297,571 2.0% 1.1x
Avenue Special Situations Fund IV, L.P. 2006 $150,000,000 $150,000,000 $212,523,413 $212,523,413 8.7% 1.4x
Avenue Special Situations Fund V, L.P. 2007 $400,000,000 $473,059,573 $607,116,534 $607,116,534 11.3% 1.3x
Avenue Special Situations Fund VI (A), L.P. 2011 $150,000,000 $153,245,391 $153,205,267 $165,601,783 1.8% 1.1x
Baring Vostok Private Equity Fund IV L.P. / Supplemental 2007 $77,775,000 $85,883,186 $60,085,624 $108,913,177 4.6% 1.3x
BDC III C LP 2017 $132,546,326 $38,509,428 $0 $61,189,405 N/M 1 N/M 1
Birch Hill Equity Partners (US) III, LP 2005 $126,067,083 $142,107,448 $234,066,637 $263,000,051 12.1% 1.9x
Birch Hill Equity Partners (US) IV, LP 2011 $136,942,595 $125,933,046 $84,338,497 $201,757,173 12.2% 1.6x
Blackstone / GSO Capital Solutions Fund, LP 2010 $250,000,000 $356,443,668 $423,682,694 $452,856,390 11.0% 1.3x
Blackstone Capital Partners IV L.P. 2003 $200,000,000 $229,306,040 $539,849,184 $563,012,204 36.4% 2.5x
Blackstone Capital Partners V L.P. 2006 $600,000,000 $793,503,735 $1,163,769,144 $1,217,543,638 7.9% 1.5x
Blackstone Capital Partners VI L.P. 2011 $500,000,000 $517,541,580 $286,998,706 $813,972,977 14.8% 1.6x
Blackstone Capital Partners VII, L.P. 2016 $500,000,000 $129,522,487 $7,939,297 $151,980,602 18.5% 1 1.2x 1
Blackstone Communications Partners I L.P. 2000 $100,000,000 $111,226,418 $135,473,542 $136,316,477 6.6% 1.2x
Blackstone Tactical Opportunities Fund - C L.P. 2012 $800,000,000 $928,498,267 $680,240,164 $1,258,963,498 12.2% 1.4x
Blackstone Tactical Opportunities Fund II - C L.P. 2015 $500,000,000 $383,071,346 $83,681,408 $479,458,391 17.7% 1 1.3x 1
Bridgepoint Europe II 'A' LP 2001 $110,781,837 $127,309,360 $225,240,687 $227,530,247 29.3% 1.8x
Bridgepoint Europe III 'D' LP 2005 $203,251,582 $191,932,333 $137,124,135 $243,180,393 3.1% 1.3x
Bridgepoint Europe IV 'D' LP 2008 $400,186,070 $376,411,805 $384,209,616 $610,691,012 11.4% 1.6x
Bridgepoint Europe V 2014 $402,086,162 $279,074,041 $35,982,473 $353,976,020 20.7% 1 1.3x 1
California Asia Investors, L.P. 2008 $150,000,000 $147,207,147 $175,824,213 $763,178,243 34.5% 5.2x
California Community Venture Fund, LLC 2003 $100,000,000 $100,067,655 $81,372,283 $95,295,702 -0.8% 1.0x
California Emerging Ventures II, LLC 1999 $1,351,990,106 $1,390,861,112 $1,654,495,590 $1,725,381,566 4.0% 1.2x
California Emerging Ventures III, LLC 2001 $477,832,724 $585,096,239 $738,425,550 $828,145,142 7.5% 1.4x
California Emerging Ventures IV, LLC 2006 $461,617,391 $485,020,000 $623,857,028 $851,868,207 12.1% 1.8x
California Emerging Ventures, LLC 1999 $957,716,338 $1,095,417,414 $1,260,463,140 $1,268,510,946 3.5% 1.2x
California Mezzanine Investment Fund, L.P. 2016 $80,000,000 $28,045,018 $2,448,134 $31,959,110 11.7% 1 1.1x 1
CalPERS Clean Energy & Technology Fund, LLC 2007 $465,000,000 $465,022,596 $87,523,462 $244,482,828 -9.9% 0.5x
CalPERS Corporate Partners, LLC 2001 $500,000,000 $523,415,107 $829,944,378 $832,005,323 9.4% 1.6x
CalPERS Wellspring V, L.P. 2011 $24,975,000 $24,940,335 $30,577,199 $44,216,282 24.0% 1.8x
Capital Link Fund I, LLC 2007 $502,000,000 $598,240,233 $655,901,618 $865,966,730 7.9% 1.4x
Capital Link Fund II, LLC 2008 $435,000,000 $464,424,614 $503,349,823 $761,220,193 12.8% 1.6x
Carlyle Asia Growth Partners III, L.P. 2005 $75,000,000 $84,685,888 $76,263,225 $78,358,777 -1.4% 0.9x
Carlyle Asia Growth Partners IV, L.P. 2008 $150,000,000 $162,962,622 $144,819,409 $196,757,728 5.0% 1.2x
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 $168,387,337 $256,603,941 $258,131,096 8.2% 1.5x
Carlyle Asia Partners III, L.P. 2008 $300,000,000 $369,645,587 $465,382,351 $539,638,530 11.3% 1.5x
Carlyle Europe Partners II, L.P. 2003 $71,654,742 $93,138,828 $147,006,226 $147,893,436 19.7% 1.6x
Carlyle Europe Partners III, L.P. 2007 $419,238,389 $456,815,012 $698,124,720 $739,515,083 11.4% 1.6x
Carlyle Europe Real Estate Partners, L.P. 2002 $29,584,067 $40,959,165 $60,394,091 $60,394,091 13.9% 1.5x
Carlyle Europe Technology Partners II, L.P. 2008 $101,630,633 $110,014,285 $189,152,958 $202,670,262 16.3% 1.8x
Carlyle Global Financial Services Partners, L.P. 2008 $150,000,000 $191,002,101 $311,419,324 $319,768,685 13.6% 1.7x
Carlyle Japan Partners II, L.P. 2006 $157,559,373 $162,362,913 $163,321,240 $176,997,367 1.7% 1.1x
Carlyle Japan Partners, L.P. 2001 $25,454,398 $38,722,584 $76,795,315 $76,795,315 34.1% 2.0x
Carlyle Mexico Partners, L.P. 2005 $25,000,000 $30,834,225 $36,525,635 $37,678,632 8.1% 1.2x
Carlyle Partners IV L.P. 2005 $300,000,000 $315,676,076 $656,869,332 $665,331,018 14.6% 2.1x
Carlyle Partners V, L.P. 2007 $800,000,000 $1,064,727,013 $1,551,628,397 $1,706,043,099 13.0% 1.6x
Carlyle Partners VI, L.P. 2013 $547,000,000 $566,102,103 $199,186,529 $726,797,286 13.3% 1.3x
Carlyle Realty Partners III, L.P. 2001 $50,000,000 $66,675,910 $123,274,902 $155,740,542 28.4% 2.3x
Carlyle Strategic Partners II, L.P. 2007 $75,000,000 $148,910,451 $190,480,429 $192,650,998 11.4% 1.3x
Carlyle Strategic Partners IV, L.P. 2016 $150,000,000 $29,156,590 $8,683,810 $32,021,005 11.5% 1 1.1x 1
Carlyle U.S. Equity Opportunities II, L.P. 2015 $200,000,000 $106,084,508 $13,113,818 $117,562,705 8.2% 1 1.1x 1
Carlyle U.S. Growth Fund III, L.P. 2006 $75,000,000 $92,197,113 $121,587,162 $123,025,575 7.3% 1.3x
Carlyle Venture Partners II, L.P. 2001 $50,000,000 $77,961,078 $77,144,623 $88,075,898 2.6% 1.1x
Carlyle/Riverstone Global Energy and Power Fund II 2003 $75,000,000 $123,149,609 $216,566,053 $216,643,645 52.7% 1.8x
Carlyle/Riverstone Global Energy and Power Fund III, L.P. 2005 $250,000,000 $266,541,431 $343,363,607 $362,819,853 6.6% 1.4x
Carlyle/Riverstone Renewable Energy Infrastructure Fund I 2006 $60,000,000 $60,191,011 $7,694,697 $7,694,697 -34.5% 0.1x
Castlelake I, L.P. 2007 $75,000,000 $76,863,007 $94,163,479 $107,646,812 4.9% 1.4x
CDH Fund V, L.P. 2014 $200,000,000 $182,965,285 $45,567,391 $252,544,615 14.7% 1 1.4x 1
Centerbridge Capital Partners III, L.P. 2015 $150,000,000 $81,688,723 $16,429,176 $100,807,080 13.3% 1 1.2x 1
Cerberus CAL II Partners, L.P. 2017 $500,000,000 $146,534,653 $14,851,485 $146,933,186 N/M 1 N/M 1
Cerberus CP Partners LP 2013 $600,000,000 $603,337,055 $359,397,084 $973,107,210 17.3% 1.6x
Cerberus Institutional Partners V, L.P. 2012 $400,000,000 $479,288,769 $409,608,986 $764,232,469 14.2% 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 $44,976,177 $54,906,557 5.2% 1.4x
Clarus Lifesciences II, L.P. 2008 $75,000,000 $71,452,500 $88,545,074 $130,656,875 15.2% 1.8x
Clayton, Dubilier & Rice Fund X, L.P. 2018 $150,000,000 $14,931,306 $0 $11,997,937 N/M 1 N/M 1
Clearlake Capital Partners III, LP 2012 $50,000,000 $66,594,920 $84,534,365 $169,141,389 43.1% 2.5x
Clearlake Capital Partners IV, L.P. 2015 $56,700,000 $60,116,422 $34,675,073 $85,320,771 33.9% 1 1.4x 1
Clearlake Capital Partners V, L.P. 2018 $75,000,000 $16,501,154 $11,960 $18,345,276 N/M 1 N/M 1
Clearlake Opportunities Partners (P), L.P. 2015 $56,700,000 $31,832,743 $11,858,035 $37,089,807 11.2% 1 1.2x 1
Clearwater Capital Partners Fund I, L.P. 2007 $7,381,847 $41,735,012 $35,355,880 $35,365,096 -5.1% 0.8x
Clearwater Capital Partners Fund II Holdings, L.P. 2005 $54,375,000 $63,247,676 $78,272,635 $81,436,035 4.8% 1.3x
Clearwater Capital Partners Fund III, L.P. 2006 $150,000,000 $150,000,000 $139,031,856 $184,513,411 3.2% 1.2x
Clearwater ICPL Co-Investment Fund, L.P. 2017 $8,594,302 $8,594,302 $8,594,302 $8,594,302 N/M 1 N/M 1
Coller International Partners V-A, L.P. 2006 $375,000,000 $322,288,690 $412,618,082 $456,029,081 8.1% 1.4x
Craton Equity Investors I, L.P. 2007 $38,153,846 $39,334,061 $5,214,248 $5,710,623 -30.5% 0.1x
CVC Capital Partners Strategic Opportunities Compounding Capital L.P. 2017 $1,009,388,888 $691,071,308 $99,683,472 $782,820,538 N/M 1 N/M 1
CVC Capital Partners VI, L.P. 2014 $573,985,172 $526,587,099 $114,093,493 $650,022,115 13.5% 1 1.2x 1
CVC Capital Partners VII (A) L.P. 2018 $583,775,000 $0 $0 $5,184,288 N/M 1 N/M 1
CVC Credit Strategic Investment A L.P. 2014 $207,082,759 $166,936,340 $102,922,116 $243,420,370 24.2% 1 1.5x 1
CVC European Equity Partners III LP 2001 $200,000,000 $234,497,567 $592,407,402 $606,712,775 41.0% 2.6x
CVC European Equity Partners IV (D) L.P. 2005 $326,373,703 $406,391,792 $726,645,895 $727,068,645 17.2% 1.8x
CVC European Equity Partners Tandem Fund (B) L.P. 2007 $467,081,341 $570,429,899 $731,150,048 $735,408,297 6.8% 1.3x
CVC European Equity Partners V (B) L.P. 2008 $562,741,894 $710,181,414 $999,216,693 $1,241,592,876 16.3% 1.7x
EMAlternatives Investments, L.P. 2007 $100,000,000 $113,435,156 $94,341,956 $148,395,066 5.9% 1.3x
Essex Woodlands Health Ventures Fund VIII, L.P. 2008 $125,000,000 $127,269,507 $66,055,143 $133,224,337 1.0% 1.0x
First Reserve Fund XI, L.P. 2006 $500,000,000 $570,173,986 $370,742,876 $404,699,538 -8.4% 0.7x
First Reserve Fund XII, L.P. 2008 $300,000,000 $342,073,175 $178,447,813 $235,757,227 -9.2% 0.7x
First Reserve Fund XIII, LP 2014 $400,000,000 $208,992,484 $44,354,878 $261,189,846 14.9% 1 1.2x 1
Francisco Partners II, L.P. 2006 $175,000,000 $174,005,517 $241,432,229 $273,135,807 10.3% 1.6x
Francisco Partners III, L.P. 2011 $100,000,000 $91,004,588 $130,484,963 $212,311,263 21.1% 2.3x
Francisco Partners, L.P. 2000 $50,000,000 $52,654,785 $66,184,646 $66,431,501 4.3% 1.3x
GCM Grosvenor DEM II, L.P. 2014 $250,000,000 $102,505,219 $27,472,543 $111,021,658 8.1% 1 1.1x 1
GCM Grosvenor DEM, L.P. 2012 $100,000,000 $75,094,900 $26,892,132 $88,193,686 9.3% 1.2x
Generation Capital Partners, L.P. 1996 $50,000,000 $54,064,964 $65,798,632 $66,166,504 6.3% 1.2x
Golden State Investment Fund, LLC 2006 $533,058,824 $518,758,854 $629,197,939 $775,973,153 8.1% 1.5x
Green Equity Investors IV, L.P. 2003 $168,628,515 $170,691,565 $311,643,013 $318,585,984 11.2% 1.9x
Green Equity Investors V, L.P. 2007 $400,000,000 $446,335,956 $664,822,800 $947,785,666 18.7% 2.1x
GSO Capital Opportunities Fund II L.P. 2011 $250,000,000 $292,692,959 $239,259,064 $375,073,099 14.4% 1.3x
GSO Capital Opportunities Fund L.P. 2008 $100,000,000 $166,000,936 $228,800,483 $231,215,814 17.3% 1.4x
GSO Capital Solutions Fund II, L.P. 2014 $500,000,000 $381,196,785 $285,953,185 $466,909,516 14.1% 1 1.2x 1
GSO Energy Partners-C II LP 2016 $250,000,000 $153,814,069 $19,701,266 $184,643,872 16.2% 1 1.2x 1
GSO Energy Partners-C LP 2013 $400,000,000 $418,909,732 $141,328,491 $419,365,399 0.1% 1.0x
Hellman & Friedman Capital Partners V LP 2004 $200,000,000 $183,940,613 $485,585,961 $488,384,665 27.9% 2.7x
Hellman & Friedman Capital Partners VI 2007 $600,000,000 $612,793,602 $1,079,012,949 $1,124,127,602 13.1% 1.8x
Hellman & Friedman Capital Partners VII 2011 $300,000,000 $285,355,580 $275,387,934 $683,372,157 24.8% 2.4x
Hellman & Friedman Capital Partners VIII, L.P. 2016 $500,000,000 $345,955,207 $34,096,011 $398,060,780 26.4% 1 1.2x 1
ICV Partners II, L.P. 2005 $31,220,000 $40,135,407 $60,928,757 $66,747,704 13.1% 1.7x
Insight Venture Partners IX, L.P. 2015 $100,000,000 $94,349,061 $7,499,168 $149,843,105 28.0% 1 1.6x 1
Insight Venture Partners V, L.P. 2005 $32,500,000 $32,500,000 $86,050,121 $91,104,225 21.0% 2.8x
Insight Venture Partners VI, L.P. 2007 $68,000,000 $73,833,084 $166,902,436 $183,812,376 19.3% 2.5x
Insight Venture Partners X, L.P. 2018 $250,000,000 $27,500,000 $0 $26,251,179 N/M 1 N/M 1
Khosla Ventures III, L.P. 2009 $200,000,000 $197,000,000 $217,447,478 $287,120,223 6.9% 1.5x
Khosla Ventures Seed, L.P. 2009 $60,000,000 $60,000,000 $12,484,329 $44,110,837 -5.2% 0.7x
KKR 2006 Fund L.P. 2006 $400,000,000 $594,155,327 $756,447,131 $888,109,621 7.9% 1.5x
KKR Asian Fund II L.P. 2013 $500,000,000 $539,265,666 $176,967,560 $733,488,463 15.1% 1.4x
KKR Asian Fund L.P. 2007 $272,575,591 $353,276,449 $578,139,723 $596,788,377 13.6% 1.7x
KKR European Fund II, L.P. 2005 $201,124,129 $236,160,704 $293,543,505 $294,960,117 3.9% 1.2x
KKR European Fund III, L.P. 2008 $313,856,779 $418,221,186 $484,575,096 $602,792,317 10.2% 1.4x
KKR European Fund, L. P. 2001 $75,000,000 $99,833,639 $216,831,549 $216,831,549 24.7% 2.2x
KKR Millennium Fund L.P. 2002 $150,000,000 $208,148,389 $368,287,505 $373,078,192 16.4% 1.8x
Kline Hawkes Pacific, L.P. 2000 $100,000,000 $100,092,274 $56,733,207 $67,597,295 -4.8% 0.7x
KM Corporate Partners Fund II, LP 2007 $200,000,000 $192,778,932 $169,749,227 $298,987,541 9.0% 1.6x
KPS Special Situations Fund III, LP 2007 $175,000,000 $244,570,976 $355,554,628 $406,512,663 23.0% 1.7x
Lime Rock Partners IV AF, L.P. 2018 $83,686,107 $83,686,107 $0 $83,686,107 N/M 1 N/M 1
Lime Rock Partners IV, LP 2006 $43,000,000 $47,917,078 $139,501,029 $139,622,828 14.6% 2.9x
Lime Rock Partners V, L.P. 2008 $85,000,000 $94,550,626 $55,233,770 $98,540,536 0.8% 1.0x
Lindsay Goldberg IV, L.P. 2015 $250,000,000 $95,312,441 $20,752,021 $171,908,549 63.3% 1 1.8x 1
Lion Capital Fund II, L.P. 2007 $217,513,388 $260,190,970 $171,377,508 $192,316,652 -6.4% 0.7x
Madison Dearborn Capital Partners IV, L.P. 2000 $150,000,000 $173,964,778 $305,140,761 $311,982,056 14.0% 1.8x
Madison Dearborn Capital Partners V, L.P. 2006 $300,000,000 $351,513,089 $517,305,189 $527,372,364 7.2% 1.5x
Magnum Capital, L.P. 2007 $135,614,059 $145,003,006 $183,294,090 $183,294,090 5.2% 1.3x
MHR Institutional Partners II LP 2003 $50,000,000 $53,000,000 $71,332,870 $91,854,623 10.5% 1.7x
MHR Institutional Partners III LP 2006 $350,000,000 $371,000,000 $372,063,040 $529,280,961 6.9% 1.4x
New Mountain Partners II, L.P. 2005 $150,000,000 $138,727,183 $264,581,334 $269,903,241 13.8% 1.9x
New Mountain Partners III, L.P. 2007 $400,000,000 $451,690,757 $569,023,539 $828,900,743 13.2% 1.8x
Newbridge Asia IV, L.P. 2005 $180,000,000 $195,554,362 $408,760,574 $415,620,210 16.9% 2.1x
Nogales Investors Fund I , LP 2001 $25,000,000 $33,953,285 $24,076,212 $24,076,212 -8.1% 0.7x
Oak Hill Capital Partners II, L.P. 2004 $75,000,000 $86,706,633 $133,811,738 $136,925,205 9.7% 1.6x
Oak Hill Capital Partners III, L.P. 2007 $300,000,000 $372,140,035 $422,396,131 $574,443,080 10.0% 1.5x
Oaktree Opportunities Fund VIIIb, L.P. 2011 $200,000,000 $200,000,000 $151,686,130 $262,829,125 6.1% 1.3x
Onex Partners IV, L.P. 2014 $300,000,000 $231,687,964 $19,358,949 $238,466,050 1.4% 1 1.0x 1
PAG Asia I LP 2012 $100,000,000 $113,804,000 $90,536,641 $204,860,836 23.3% 1.8x
Palladium Equity Partners III, L.P. 2004 $193,750,000 $252,737,053 $421,825,735 $455,792,490 16.1% 1.8x
Patria Brazilian Private Equity Fund V, L.P. 2015 $150,000,000 $30,266,046 $0 $34,142,470 10.2% 1 1.1x 1
Permira Europe III 2004 $126,989,866 $126,989,866 $218,890,726 $219,471,877 26.6% 1.7x
Permira IV L.P.2 2006 $282,153,711 $349,848,634 $479,940,741 $513,388,822 7.8% 1.5x
Permira V, L.P. 2014 $269,071,015 $253,128,526 $88,245,533 $389,668,602 15.6% 1 1.5x 1
Permira VI L.P. 1 2017 $510,842,277 $200,554,189 $0 $227,805,442 N/M 1 N/M 1
Polish Enterprise Fund V, L.P. 2004 $58,852,704 $69,977,405 $137,034,657 $137,163,703 15.3% 2.0x
Polish Enterprise Fund VI, L.P. 2006 $139,095,992 $145,637,982 $193,795,607 $209,933,955 5.8% 1.4x
Providence Equity Partners V 2005 $125,000,000 $157,825,582 $182,968,971 $187,011,788 3.3% 1.2x
Providence Equity Partners VI L.P. 2007 $320,000,000 $500,751,775 $514,470,234 $623,857,480 5.3% 1.2x
RFG Private Equity Limited Partnership No. 1A, 1B and 1C 2004 $33,957,091 $33,964,880 $43,049,972 $48,966,919 7.8% 1.4x
Rhone Partners III, L.P. 2006 $135,286,079 $145,326,327 $207,064,520 $207,064,520 9.8% 1.4x
Richardson Capital Private Equity Limited Partnership No.2A, 2B and 2C 2006 $41,792,404 $25,062,427 $13,312,225 $13,328,331 -11.4% 0.5x
Riverstone Global Energy and Power Fund V, L.P. 2012 $400,000,000 $442,234,017 $209,805,717 $514,749,420 5.5% 1.2x
Riverstone Global Energy and Power Fund VI, L.P. 2016 $500,000,000 $374,895,389 $106,767,780 $464,145,063 25.5% 1 1.2x 1
Riverstone/Carlyle Global Energy and Power Fund IV, L.P. 2008 $500,000,000 $580,306,763 $467,889,604 $706,267,286 5.4% 1.2x
Riverstone/Carlyle Renewable & Alternative Energy Fund II, L.P. 2008 $300,000,000 $328,192,999 $250,285,041 $398,401,882 4.7% 1.2x
Riverwood Capital Partners (Parallel - A) L.P. 2010 $150,000,000 $170,687,175 $283,653,813 $334,786,803 24.1% 2.0x
Sacramento Private Equity Partners, L.P. 2006 $605,000,000 $521,618,435 $687,090,582 $894,883,550 10.8% 1.7x
SAIF Partners III L.P. 2007 $100,000,000 $125,245,773 $109,422,855 $276,484,406 10.9% 2.2x
SAIF Partners IV L.P. 2010 $120,000,000 $146,456,026 $48,374,177 $217,964,631 8.8% 1.5x
Sankaty Managed Account (CalPERS), L.P. 2014 $500,000,001 $476,005,001 $173,940,000 $542,991,979 7.9% 1 1.1x 1
Silver Lake Partners II, L.P. 2004 $125,000,000 $135,400,489 $227,322,497 $238,445,821 11.1% 1.8x
Silver Lake Partners III, L.P. 2007 $480,000,000 $606,392,205 $927,692,603 $1,207,289,918 19.7% 2.0x
Silver Lake Partners IV, L.P. 2013 $320,000,000 $329,036,285 $113,727,218 $537,223,877 28.9% 1.6x
Silver Lake Partners V, L.P. 2018 $400,000,000 $29,453,475 $0 $27,194,448 N/M 1 N/M 1
Siris Partners III, L.P. 2015 $75,000,000 $57,798,742 $8,683,253 $73,817,205 18.2% 1 1.3x 1
Tailwind Capital Partners (PP), LP 2007 $77,510,000 $94,345,305 $116,579,717 $147,372,536 12.0% 1.6x
Tailwind Capital Partners II, LP 2014 $150,000,000 $124,144,141 $18,607,236 $171,576,746 16.9% 1 1.4x 1
The Central Valley Fund II SBIC, LP 2012 $12,000,000 $7,689,696 $3,193,676 $12,901,369 13.9% 1.7x
The Resolute Fund II, L.P. 2008 $200,000,000 $218,524,117 $227,001,989 $319,825,442 9.1% 1.5x
The Rise Fund (A), L.P. 2018 $75,000,000 $13,154,686 $0 $12,371,806 N/M 1 N/M 1
Thomas H. Lee Equity Fund VI, L.P 2006 $240,000,000 $402,568,094 $462,232,968 $549,847,069 7.1% 1.4x
TowerBrook Investors II, L.P. 2005 $200,000,000 $195,324,455 $297,174,151 $313,343,912 9.7% 1.6x
TowerBrook Investors III, L.P. 2008 $300,000,000 $324,283,428 $381,619,863 $430,810,759 9.5% 1.3x
TowerBrook Investors IV (Onshore), L.P. 2013 $380,000,000 $213,225,001 $67,139,361 $313,548,687 31.8% 1.5x
Towerbrook Structured Opportunities Fund (Onshore), L.P. 2016 $221,786,667 $116,624,692 $36,022,798 $128,565,150 12.0% 1 1.1x 1
TPG Asia V, L.P. 2007 $360,000,000 $350,599,460 $340,757,971 $489,771,999 6.6% 1.4x
TPG Biotechnology Partners II, L.P. 2006 $70,000,000 $71,888,857 $58,524,731 $74,952,161 0.7% 1.0x
TPG Biotechnology Partners III, L.P. 2008 $100,000,000 $98,115,106 $72,784,896 $120,274,795 4.5% 1.2x
TPG Partners IV, L.P. 2003 $200,000,000 $225,811,312 $425,694,717 $435,738,561 15.4% 1.9x
TPG Partners V, L.P. 2006 $600,000,000 $811,329,685 $915,108,006 $1,017,365,163 3.9% 1.3x
TPG Partners VI, L.P. 2008 $825,000,000 $939,972,112 $1,052,410,931 $1,408,527,273 10.6% 1.5x
TPG STAR, L.P. 2007 $150,000,000 $168,831,204 $198,789,736 $259,660,616 10.2% 1.5x
Trident VI 2014 $250,000,000 $218,128,578 $51,254,467 $313,219,092 18.7% 1 1.4x 1
Trident VII, L.P. 2017 $270,000,000 $88,059,796 $61,218 $86,465,686 N/M 1 N/M 1
Triton Fund IV L.P. 2013 $91,542,361 $88,331,256 $43,398,570 $107,410,833 10.6% 1.2x
Valor Equity Partners IV L.P. 2017 $75,000,000 $22,988,246 $105,314 $29,319,448 N/M 1 N/M 1
VantagePoint CleanTech Partners, L.P. 2006 $25,000,000 $25,000,000 $12,704,911 $18,441,522 -6.9% 0.7x
VantagePoint Venture Partners 2006 (Q), L.P. 2006 $100,000,000 $100,000,000 $9,831,997 $35,607,682 -14.7% 0.4x
Vicente Capital Partners Growth Equity Fund, L.P. 2007 $40,422,297 $40,162,708 $23,899,806 $59,308,930 7.6% 1.5x
W Capital Partners II, L.P. 2007 $141,125,000 $140,615,876 $187,182,192 $198,515,565 10.7% 1.4x
Wellspring Capital Partners V, L.P. 2011 $150,000,000 $165,272,701 $184,238,876 $250,530,382 16.9% 1.5x
Welsh, Carson, Anderson & Stowe X, L.P. 2005 $175,000,000 $171,163,604 $293,005,741 $293,545,327 8.2% 1.7x
Welsh, Carson, Anderson & Stowe XI, L.P. 2009 $125,000,000 $125,000,000 $138,856,142 $209,196,283 13.2% 1.7x
Welsh, Carson, Anderson & Stowe XII, L.P. 2015 $350,000,000 $211,144,889 $41,852,656 $286,406,611 20.7% 1 1.4x 1
WLR Recovery Fund II, L.P. 2002 $50,000,000 $50,000,000 $120,565,266 $120,845,633 78.8% 2.4x
WLR Recovery Fund III, L.P. 2005 $198,000,000 $198,000,000 $129,463,682 $137,536,268 -7.6% 0.7x
WLR Recovery Fund IV, L.P. 2007 $400,000,000 $363,747,718 $463,586,591 $500,024,102 7.9% 1.4x
Yucaipa American Alliance Fund I, L.P. 2002 $200,000,000 $314,764,188 $268,050,907 $362,052,137 3.7% 1.2x
Yucaipa American Alliance Fund II, L.P. 2008 $400,000,000 $557,456,161 $335,052,025 $861,195,672 9.2% 1.5x
Yucaipa Corporate Initiatives Fund I, L.P. 2001 $200,000,000 $288,655,697 $174,440,647 $226,514,557 -3.8% 0.8x
Yucaipa Corporate Initiatives Fund II, L.P. 2008 $93,539,524 $91,320,511 $28,150,439 $85,835,828 -1.0% 0.9x
  1. Not Meaningful: Funds with a vintage year of 2014 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.