As of March 31, 2018, the since inception Net IRR is 10.9% and the Net Multiple is 1.5x.

The table below reflects the performance of all active PE partnership investments as of March 31, 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 $435,099,120 $120,470,702 $598,354,401 9.1% 1.4x
57 Stars Global Opportunities Fund, LLC 2007 $430,000,000 $406,700,000 $412,433,244 $611,675,519 7.9% 1.5x
AACP AP Investors, L.P. 2007 $14,108,080 $14,821,722 $15,305,522 $16,548,014 1.8% 1.1x
AACP China Debt Investors, LP 2008 $10,000,000 $15,834,187 $20,146,425 $20,214,026 8.4% 1.3x
AACP China Growth Investors 2007 $50,000,000 $51,914,925 $81,135,989 $84,272,237 8.1% 1.6x
AACP China Venture Investors A, LP 2008 $5,000,000 $4,296,128 $2,352,837 $7,603,620 8.5% 1.8x
AACP India Investors B 2007 $5,000,000 $5,124,612 $2,177,490 $10,776,558 9.6% 2.1x
AACP India Investors C 2009 $5,000,000 $5,118,950 $1,849,517 $10,516,893 15.6% 2.1x
AACP India Venture Investors A 2007 $5,000,000 $5,055,201 $4,850,709 $5,957,280 2.6% 1.2x
Aberdare Ventures IV, LP 2008 $50,000,000 $50,000,000 $19,177,065 $57,167,284 3.3% 1.1x
Advent International GPE V-D, L.P. 2005 $81,275,636 $77,609,736 $183,254,304 $188,869,633 42.8% 2.4x
Advent International GPE VI-A, L.P. 2008 $500,000,000 $502,306,204 $813,728,804 $1,053,275,970 17.3% 2.1x
Advent International GPE VII-C, L.P. 2012 $450,000,000 $423,732,784 $208,632,784 $735,190,539 18.9% 1.7x
Advent International GPE VIII-B Limited Partnership 2016 $500,000,000 $245,750,000 $0 $255,937,360 5.4% 1 1.0x 1
Advent Latin America Private Equity Fund IV-D, L.P. 2007 $200,000,000 $205,315,197 $264,640,196 $312,338,605 9.7% 1.5x
Advent Latin America Private Equity Fund V-H L.P. 2010 $100,000,000 $95,700,000 $31,000,000 $120,012,602 5.7% 1.3x
Advent Latin American Private Equity Fund III-D L.P. 2006 $50,000,000 $49,385,090 $66,456,184 $72,379,426 10.0% 1.5x
Affinity Asia Pacific Fund III L.P. 2007 $150,000,000 $152,960,757 $187,056,658 $229,498,471 10.8% 1.5x
Aisling Capital II, LP 2006 $80,000,000 $100,985,598 $88,180,925 $100,368,725 -0.1% 1.0x
Aisling Capital III, LP 2008 $90,000,000 $112,806,471 $144,464,480 $215,332,624 24.3% 1.9x
Alta V Limited Partnership 1992 $35,000,000 $35,000,000 $84,587,808 $84,615,879 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 $3,172,233,074 27.4% 2.6x
Apollo European Principal Finance Fund, L.P. 2008 $79,075,627 $165,171,890 $200,017,990 $200,719,412 11.9% 1.2x
Apollo Investment Fund IV, L.P. 1998 $150,000,000 $154,312,417 $254,289,011 $254,491,401 8.5% 1.6x
Apollo Investment Fund V, L.P. 2001 $250,000,000 $388,993,978 $776,633,765 $780,739,546 37.5% 2.0x
Apollo Investment Fund VI, L.P. 2006 $520,000,000 $866,357,105 $1,116,587,370 $1,232,013,238 8.5% 1.4x
Apollo Investment Fund VII, L.P. 2008 $800,000,000 $1,185,352,550 $1,740,011,003 $1,932,570,374 22.7% 1.6x
Apollo Investment Fund VIII, L.P. 2013 $500,000,000 $407,222,141 $112,176,645 $536,071,216 16.3% 1.3x
Apollo Special Opportunities Managed Account, L.P. 2007 $800,000,000 $800,000,000 $786,246,213 $1,087,844,870 4.0% 1.4x
ArcLight Energy Partners Fund III, L.P. 2006 $200,000,000 $212,312,180 $314,980,433 $315,479,311 8.6% 1.5x
ArcLight Energy Partners Fund IV, L.P. 2007 $250,000,000 $255,794,752 $365,958,923 $384,958,393 12.6% 1.5x
Ares Corporate Opportunities Fund II, L.P. 2006 $200,000,000 $224,922,280 $358,949,876 $374,691,400 13.2% 1.7x
Ares Corporate Opportunities Fund III, L.P. 2008 $400,000,000 $502,226,213 $653,810,015 $1,082,621,156 22.4% 2.2x
Ares Corporate Opportunities Fund V, L.P. 2017 $425,000,000 $124,393,342 $0 $119,348,099 N/M 1 N/M 1
Ares Corporate Opportunities Fund, L.P. 2003 $100,000,000 $135,853,818 $195,665,318 $201,134,449 13.1% 1.5x
Asia Alternatives Capital Partners II LP 2008 $48,933,451 $49,609,010 $40,442,025 $122,238,822 20.8% 2.5x
Asia Alternatives Capital Partners, LP 2007 $50,000,000 $53,375,168 $79,397,324 $99,587,280 12.0% 1.9x
Avenue Asia Special Situations Fund IV, L.P. 2006 $300,000,000 $271,629,915 $294,879,877 $297,314,308 2.0% 1.1x
Avenue Europe Special Situations Fund, L.P. 2008 $203,254,842 $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 $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 $146,242,029 $165,160,276 1.8% 1.1x
Baring Vostok Private Equity Fund IV L.P. / Supplemental 2007 $77,775,000 $85,883,186 $60,085,624 $109,803,347 4.8% 1.3x
BDC III C LP 2017 $139,466,210 $20,287,580 $0 $29,876,579 N/M 1 N/M 1
Birch Hill Equity Partners (US) III, LP 2005 $125,893,325 $142,028,047 $233,205,023 $260,575,053 12.0% 1.8x
Birch Hill Equity Partners (US) IV, LP 2011 $137,141,086 $124,708,715 $74,677,918 $193,702,324 11.8% 1.6x
Blackstone / GSO Capital Solutions Fund, LP 2010 $250,000,000 $356,052,177 $421,290,641 $448,775,856 10.7% 1.3x
Blackstone Capital Partners IV L.P. 2003 $200,000,000 $229,306,040 $539,849,184 $559,010,284 36.4% 2.4x
Blackstone Capital Partners V L.P. 2006 $600,000,000 $793,481,128 $1,153,083,330 $1,212,574,108 7.8% 1.5x
Blackstone Capital Partners VI L.P. 2011 $500,000,000 $516,502,758 $274,774,670 $779,993,486 14.2% 1.5x
Blackstone Capital Partners VII, L.P. 2016 $500,000,000 $129,488,053 $7,274,135 $144,015,139 16.3% 1 1.1x 1
Blackstone Communications Partners I L.P. 2000 $100,000,000 $111,226,418 $135,473,542 $136,331,872 6.6% 1.2x
Blackstone Tactical Opportunities Fund - C L.P. 2012 $800,000,000 $926,580,244 $634,192,583 $1,247,738,883 12.4% 1.3x
Blackstone Tactical Opportunities Fund II - C L.P. 2015 $500,000,000 $356,061,464 $76,984,443 $446,299,285 19.5% 1 1.3x 1
Bridgepoint Europe II 'A' LP 2001 $109,899,935 $127,309,360 $225,240,687 $227,346,811 29.3% 1.8x
Bridgepoint Europe III 'D' LP 2005 $203,855,573 $191,932,333 $137,124,135 $240,942,833 3.1% 1.3x
Bridgepoint Europe IV 'D' LP 2008 $401,667,994 $376,411,805 $384,209,616 $617,753,225 11.9% 1.6x
Bridgepoint Europe V 2014 $408,650,248 $279,074,041 $35,982,473 $340,071,810 20.9% 1 1.2x 1
California Asia Investors, L.P. 2008 $150,000,000 $147,207,147 $164,018,874 $684,069,065 33.4% 4.6x
California Community Venture Fund, LLC 2003 $100,000,000 $100,067,655 $79,595,758 $95,652,237 -0.8% 1.0x
California Emerging Ventures II, LLC 1999 $1,351,990,106 $1,390,861,112 $1,652,665,911 $1,719,263,413 3.9% 1.2x
California Emerging Ventures III, LLC 2001 $477,789,317 $585,005,316 $726,287,155 $821,241,318 7.4% 1.4x
California Emerging Ventures IV, LLC 2006 $461,476,766 $484,188,095 $597,810,057 $841,691,135 12.1% 1.7x
California Emerging Ventures, LLC 1999 $957,666,811 $1,095,281,896 $1,257,328,092 $1,267,963,029 3.5% 1.2x
California Mezzanine Investment Fund, L.P. 2016 $80,000,000 $27,985,906 $1,473,682 $30,236,827 8.5% 1 1.1x 1
CalPERS Clean Energy & Technology Fund, LLC 2007 $465,000,000 $465,639,337 $86,647,667 $239,353,879 -10.6% 0.5x
CalPERS Corporate Partners, LLC 2001 $500,000,000 $523,415,107 $829,453,550 $831,785,286 9.4% 1.6x
CalPERS Wellspring V, L.P. 2011 $24,975,000 $24,940,335 $30,407,570 $44,054,374 24.5% 1.8x
Capital Link Fund I, LLC 2007 $502,000,000 $598,066,076 $651,173,386 $865,323,999 7.9% 1.4x
Capital Link Fund II, LLC 2008 $435,000,000 $462,673,445 $495,465,502 $724,956,122 12.0% 1.6x
Carlyle Asia Growth Partners III, L.P. 2005 $75,000,000 $84,685,888 $76,263,225 $79,084,781 -1.2% 0.9x
Carlyle Asia Growth Partners IV, L.P. 2008 $150,000,000 $162,962,622 $144,819,409 $206,157,718 6.2% 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 $168,387,337 $256,561,294 $257,916,521 8.2% 1.5x
Carlyle Asia Partners III, L.P. 2008 $300,000,000 $369,291,256 $443,837,993 $551,079,932 11.9% 1.5x
Carlyle Europe Partners II, L.P. 2003 $70,532,602 $93,128,086 $146,875,697 $147,955,259 19.7% 1.6x
Carlyle Europe Partners III, L.P. 2007 $416,015,219 $455,167,091 $697,813,340 $740,184,994 11.5% 1.6x
Carlyle Europe Real Estate Partners, L.P. 2002 $29,004,618 $40,959,165 $60,394,091 $60,394,091 13.9% 1.5x
Carlyle Europe Technology Partners II, L.P. 2008 $101,220,345 $109,762,196 $188,455,739 $202,352,431 16.3% 1.8x
Carlyle Global Financial Services Partners, L.P. 2008 $150,000,000 $191,002,101 $311,419,324 $320,203,068 13.7% 1.7x
Carlyle Japan Partners II, L.P. 2006 $157,434,315 $162,362,913 $163,321,240 $181,330,111 2.1% 1.1x
Carlyle Japan Partners, L.P. 2001 $25,149,871 $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 $37,689,439 8.1% 1.2x
Carlyle Partners IV L.P. 2005 $300,000,000 $315,676,076 $656,869,332 $664,643,887 14.6% 2.1x
Carlyle Partners V, L.P. 2007 $800,000,000 $1,064,727,013 $1,538,069,375 $1,698,563,949 13.0% 1.6x
Carlyle Partners VI, L.P. 2013 $547,000,000 $525,985,639 $117,214,575 $664,984,958 12.9% 1.3x
Carlyle Realty Partners III, L.P. 2001 $50,000,000 $66,645,640 $122,934,062 $152,418,082 28.4% 2.3x
Carlyle Strategic Partners II, L.P. 2007 $75,000,000 $148,910,451 $190,480,429 $192,239,929 11.4% 1.3x
Carlyle Strategic Partners IV, L.P. 2016 $150,000,000 $29,156,590 $8,683,810 $30,959,451 9.3% 1 1.1x 1
Carlyle U.S. Equity Opportunities II, L.P. 2015 $200,000,000 $91,166,829 $11,738,266 $100,950,536 8.2% 1 1.1x 1
Carlyle U.S. Growth Fund III, L.P. 2006 $75,000,000 $92,197,113 $120,370,891 $122,837,912 7.3% 1.3x
Carlyle Venture Partners II, L.P. 2001 $50,000,000 $77,961,078 $77,144,623 $87,697,955 2.6% 1.1x
Carlyle/Riverstone Global Energy and Power Fund II 2003 $75,000,000 $123,149,609 $216,566,053 $216,616,980 52.7% 1.8x
Carlyle/Riverstone Global Energy and Power Fund III, L.P. 2005 $250,000,000 $266,541,431 $343,363,607 $359,422,868 6.4% 1.3x
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 $93,766,505 $109,555,931 5.1% 1.4x
CDH Fund V, L.P. 2014 $200,000,000 $176,539,793 $41,199,149 $239,576,250 14.7% 1 1.4x 1
Centerbridge Capital Partners III, L.P. 2015 $150,000,000 $81,688,723 $14,603,385 $96,650,300 12.1% 1 1.2x 1
Cerberus CAL II Partners, L.P. 2017 $500,000,000 $101,980,198 $14,851,485 $108,221,879 N/M 1 N/M 1
Cerberus CP Partners LP 2013 $600,000,000 $603,337,055 $337,616,726 $963,192,894 17.9% 1.6x
Cerberus Institutional Partners V, L.P. 2012 $400,000,000 $479,288,769 $391,308,720 $762,409,093 14.6% 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 $53,061,563 4.7% 1.3x
Clarus Lifesciences II, L.P. 2008 $75,000,000 $71,452,500 $88,545,073 $130,966,109 15.5% 1.8x
Clayton, Dubilier & Rice Fund X, L.P. 2018 $150,000,000 $14,931,306 $0 $13,102,477 N/M 1 N/M 1
Clearlake Capital Partners III, LP 2012 $50,000,000 $66,594,920 $84,534,365 $160,104,561 42.6% 2.4x
Clearlake Capital Partners IV, L.P. 2015 $56,700,000 $48,202,721 $31,669,650 $70,023,175 33.9% 1 1.5x 1
Clearlake Capital Partners V, L.P. 2018 $75,000,000 $10,841,519 $0 $10,582,306 N/M 1 N/M 1
Clearlake Opportunities Partners (P), L.P. 2015 $56,700,000 $31,832,743 $11,858,035 $35,604,308 9.3% 1 1.1x 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 $81,445,210 4.8% 1.3x
Clearwater Capital Partners Fund III, L.P. 2006 $150,000,000 $150,000,000 $139,031,856 $183,521,763 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 $408,455,778 $455,312,706 8.1% 1.4x
Craton Equity Investors I, L.P. 2007 $38,153,846 $39,334,061 $5,214,248 $5,756,220 -30.5% 0.1x
CVC Capital Partners Strategic Opportunities Compounding Capital L.P. 2017 $1,027,300,048 $410,887,484 $87,181,018 $492,968,630 N/M 1 N/M 1
CVC Capital Partners VI, L.P. 2014 $576,514,314 $526,587,099 $110,685,052 $633,966,226 13.6% 1 1.2x 1
CVC Credit Strategic Investment A L.P. 2014 $209,224,956 $166,936,340 $55,891,491 $250,831,712 29.3% 1 1.5x 1
CVC European Equity Partners II (D) L.P. 1998 $144,441,514 $174,585,775 $368,076,235 $368,076,235 19.0% 2.1x
CVC European Equity Partners III LP 2001 $200,000,000 $234,497,567 $592,407,402 $607,048,529 41.0% 2.6x
CVC European Equity Partners IV (D) L.P. 2005 $322,240,531 $406,391,792 $726,645,895 $727,058,403 17.2% 1.8x
CVC European Equity Partners Tandem Fund (B) L.P. 2007 $461,587,028 $570,429,899 $731,013,471 $735,654,105 6.8% 1.3x
CVC European Equity Partners V (B) L.P. 2008 $555,282,076 $710,181,414 $984,243,899 $1,178,895,708 15.3% 1.7x
EMAlternatives Investments, L.P. 2007 $100,000,000 $113,433,783 $93,360,064 $151,039,777 6.3% 1.3x
Essex Woodlands Health Ventures Fund VIII, L.P. 2008 $125,000,000 $127,269,507 $66,055,143 $137,519,565 1.7% 1.1x
First Reserve Fund XI, L.P. 2006 $500,000,000 $570,173,986 $370,742,876 $397,769,310 -9.1% 0.7x
First Reserve Fund XII, L.P. 2008 $300,000,000 $341,739,019 $178,447,813 $244,952,830 -8.2% 0.7x
First Reserve Fund XIII, LP 2014 $400,000,000 $200,601,509 $43,894,848 $240,390,991 13.3% 1 1.2x 1
Francisco Partners II, L.P. 2006 $175,000,000 $174,005,517 $241,432,229 $274,335,558 10.4% 1.6x
Francisco Partners III, L.P. 2011 $100,000,000 $93,913,268 $127,493,643 $208,898,592 20.9% 2.2x
Francisco Partners, L.P. 2000 $50,000,000 $52,654,785 $66,184,646 $66,428,023 4.3% 1.3x
GCM Grosvenor DEM II, L.P. 2014 $200,000,000 $84,405,594 $25,513,914 $90,963,034 7.6% 1 1.1x 1
GCM Grosvenor DEM, L.P. 2012 $100,000,000 $72,080,373 $24,310,473 $83,270,892 8.9% 1.2x
Generation Capital Partners, L.P. 1996 $50,000,000 $54,064,964 $65,798,632 $66,167,496 6.3% 1.2x
Golden State Investment Fund, LLC 2006 $533,058,824 $518,348,660 $626,988,190 $774,076,927 8.1% 1.5x
Green Equity Investors IV, L.P. 2003 $168,628,515 $170,691,565 $310,009,119 $319,101,774 11.2% 1.9x
Green Equity Investors V, L.P. 2007 $400,000,000 $446,335,956 $663,482,984 $902,175,167 18.1% 2.0x
GSO Capital Opportunities Fund II L.P. 2011 $250,000,000 $292,410,974 $235,478,269 $364,994,932 13.7% 1.2x
GSO Capital Opportunities Fund L.P. 2008 $100,000,000 $166,000,936 $228,800,483 $231,549,532 17.3% 1.4x
GSO Capital Solutions Fund II, L.P. 2014 $500,000,000 $375,134,161 $254,473,293 $453,004,976 13.8% 1 1.2x 1
GSO Energy Partners-C II LP 2016 $250,000,000 $153,814,069 $19,701,266 $178,140,621 15.9% 1 1.2x 1
GSO Energy Partners-C LP 2013 $400,000,000 $418,909,732 $141,328,491 $410,277,848 -1.1% 1.0x
Hellman & Friedman Capital Partners V LP 2004 $200,000,000 $183,940,613 $484,931,078 $488,231,961 27.9% 2.7x
Hellman & Friedman Capital Partners VI 2007 $600,000,000 $612,793,602 $981,335,417 $1,126,076,176 13.1% 1.8x
Hellman & Friedman Capital Partners VII 2011 $300,000,000 $285,189,438 $252,647,416 $664,149,832 24.9% 2.3x
Hellman & Friedman Capital Partners VIII, L.P. 2016 $500,000,000 $241,720,180 $34,096,011 $289,169,425 37.1% 1 1.2x 1
ICV Partners II, L.P. 2005 $31,220,000 $40,135,407 $60,928,757 $66,754,583 13.1% 1.7x
Insight Venture Partners IX, L.P. 2015 $100,000,000 $90,599,061 $5,801,877 $136,499,508 27.4% 1 1.5x 1
Insight Venture Partners V, L.P. 2005 $32,500,000 $32,500,000 $85,230,892 $91,085,720 21.0% 2.8x
Insight Venture Partners VI, L.P. 2007 $68,000,000 $73,833,084 $166,902,436 $183,718,368 19.4% 2.5x
Khosla Ventures III, L.P. 2009 $200,000,000 $195,000,000 $217,447,478 $285,548,839 7.0% 1.5x
Khosla Ventures Seed, L.P. 2009 $60,000,000 $60,000,000 $12,484,329 $44,323,217 -5.3% 0.7x
KKR 2006 Fund L.P. 2006 $400,000,000 $593,954,830 $752,569,616 $867,204,420 7.6% 1.5x
KKR Asian Fund II L.P. 2013 $500,000,000 $529,084,709 $159,871,050 $724,538,193 16.6% 1.4x
KKR Asian Fund L.P. 2007 $272,575,591 $353,216,598 $564,229,422 $596,930,551 13.7% 1.7x
KKR European Fund II, L.P. 2005 $199,797,384 $236,160,704 $293,543,505 $294,593,055 3.9% 1.2x
KKR European Fund III, L.P. 2008 $338,205,398 $417,953,912 $484,575,096 $598,954,514 10.1% 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 $208,147,033 $354,879,493 $372,821,835 16.4% 1.8x
Kline Hawkes Pacific, L.P. 2000 $100,000,000 $100,092,274 $56,733,207 $67,609,303 -4.8% 0.7x
KM Corporate Partners Fund II, LP 2007 $200,000,000 $192,609,947 $169,749,227 $296,870,678 9.1% 1.5x
KPS Special Situations Fund III, LP 2007 $175,000,000 $244,532,021 $339,522,949 $391,699,434 22.4% 1.6x
Lime Rock Partners IV, LP 2006 $43,000,000 $47,917,078 $55,814,922 $139,704,587 14.9% 2.9x
Lime Rock Partners V, L.P. 2008 $85,000,000 $94,452,340 $55,233,770 $96,976,503 0.6% 1.0x
Lindsay Goldberg IV, L.P. 2015 $250,000,000 $86,819,104 $11,498,012 $151,002,055 67.7% 1 1.7x 1
Lion Capital Fund II, L.P. 2007 $215,236,129 $260,190,970 $171,377,508 $200,074,028 -5.4% 0.8x
Madison Dearborn Capital Partners IV, L.P. 2000 $150,000,000 $173,964,778 $305,140,761 $311,970,032 14.0% 1.8x
Madison Dearborn Capital Partners V, L.P. 2006 $300,000,000 $351,513,089 $506,044,081 $521,546,289 7.1% 1.5x
Magnum Capital, L.P. 2007 $135,113,069 $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 $90,084,288 10.4% 1.7x
MHR Institutional Partners III LP 2006 $350,000,000 $371,000,000 $369,563,334 $527,100,684 6.9% 1.4x
New Mountain Partners II, L.P. 2005 $150,000,000 $138,727,183 $264,581,334 $269,281,288 13.8% 1.9x
New Mountain Partners III, L.P. 2007 $400,000,000 $450,241,367 $561,759,123 $836,419,649 13.6% 1.9x
Newbridge Asia IV, L.P. 2005 $180,000,000 $195,554,362 $408,760,574 $415,288,819 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 $137,032,362 9.8% 1.6x
Oak Hill Capital Partners III, L.P. 2007 $300,000,000 $372,140,035 $416,010,193 $571,668,985 10.0% 1.5x
Oaktree Opportunities Fund VIIIb, L.P. 2011 $200,000,000 $200,000,000 $145,742,973 $257,639,573 5.8% 1.3x
Onex Partners IV, L.P. 2014 $300,000,000 $231,687,964 $19,358,949 $241,389,898 2.2% 1 1.0x 1
PAG Asia I LP 2012 $100,000,000 $112,738,719 $88,612,552 $192,897,572 22.4% 1.7x
Palladium Equity Partners III, L.P. 2004 $193,750,000 $252,737,053 $345,300,151 $456,744,368 16.3% 1.8x
Patria Brazilian Private Equity Fund V, L.P. 2015 $150,000,000 $29,168,476 $0 $33,092,595 13.0% 1 1.1x 1
Permira Europe III 2004 $126,989,866 $126,989,866 $218,890,726 $219,401,600 26.6% 1.7x
Permira IV L.P.2 2006 $278,762,644 $349,848,634 $472,695,801 $513,318,092 7.8% 1.5x
Permira V, L.P. 2014 $269,921,700 $253,128,526 $50,578,841 $366,860,622 14.4% 1 1.4x 1
Permira VI L.P. 1 2017 $530,107,545 $132,915,189 $0 $151,989,643 N/M 1 N/M 1
Polish Enterprise Fund V, L.P. 2004 $58,635,112 $69,638,061 $133,103,532 $136,993,544 15.3% 2.0x
Polish Enterprise Fund VI, L.P. 2006 $139,014,185 $145,579,168 $193,736,793 $211,424,250 5.9% 1.5x
Providence Equity Partners V 2005 $125,000,000 $157,825,582 $182,968,971 $187,190,559 3.3% 1.2x
Providence Equity Partners VI L.P. 2007 $320,000,000 $499,455,779 $502,541,168 $635,093,165 5.7% 1.3x
RFG Private Equity Limited Partnership No. 1A, 1B and 1C 2004 $33,956,932 $33,964,880 $42,684,654 $47,985,091 7.5% 1.4x
Rhone Partners III, L.P. 2006 $135,407,649 $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 $42,133,386 $25,047,937 $12,202,602 $13,303,819 -11.5% 0.5x
Riverstone Global Energy and Power Fund V, L.P. 2012 $400,000,000 $443,031,231 $209,049,793 $489,097,761 3.8% 1.1x
Riverstone Global Energy and Power Fund VI, L.P. 2016 $500,000,000 $374,688,417 $71,585,981 $459,700,851 31.3% 1 1.2x 1
Riverstone/Carlyle Global Energy and Power Fund IV, L.P. 2008 $500,000,000 $579,564,091 $435,972,678 $695,988,551 5.2% 1.2x
Riverstone/Carlyle Renewable & Alternative Energy Fund II, L.P. 2008 $300,000,000 $328,192,999 $250,285,041 $394,286,581 4.5% 1.2x
Riverwood Capital Partners (Parallel - A) L.P. 2010 $150,000,000 $170,242,305 $271,241,274 $333,876,590 24.3% 2.0x
Sacramento Private Equity Partners, L.P. 2006 $605,000,000 $521,618,435 $655,434,643 $888,240,205 10.8% 1.7x
SAIF Partners III L.P. 2007 $100,000,000 $125,245,773 $109,422,855 $278,550,939 11.2% 2.2x
SAIF Partners IV L.P. 2010 $120,000,000 $146,456,026 $48,374,177 $213,085,044 8.7% 1.5x
Sankaty Managed Account (CalPERS), L.P. 2014 $500,000,001 $464,005,001 $137,940,000 $523,942,850 7.9% 1 1.1x 1
Silver Lake Partners II, L.P. 2004 $125,000,000 $135,400,489 $223,480,016 $236,837,547 11.0% 1.7x
Silver Lake Partners III, L.P. 2007 $480,000,000 $606,118,734 $911,677,122 $1,168,479,460 19.3% 1.9x
Silver Lake Partners IV, L.P. 2013 $320,000,000 $319,366,734 $112,729,950 $480,552,464 26.2% 1.5x
Siris Partners III, L.P. 2015 $75,000,000 $57,798,742 $8,683,253 $66,156,915 11.7% 1 1.1x 1
Tailwind Capital Partners (PP), LP 2007 $77,510,000 $94,211,931 $114,932,614 $146,986,083 12.1% 1.6x
Tailwind Capital Partners II, LP 2014 $150,000,000 $123,857,733 $15,086,503 $175,042,524 20.3% 1 1.4x 1
The Central Valley Fund II SBIC, LP 2012 $12,000,000 $7,689,696 $3,193,676 $12,423,528 13.5% 1.6x
The Central Valley Fund, LP 2005 $40,000,000 $32,378,952 $41,490,863 $41,490,863 9.1% 1.3x
The Resolute Fund II, L.P. 2008 $200,000,000 $218,234,706 $226,886,722 $317,984,976 9.2% 1.5x
The Rise Fund (A), L.P. 2018 $75,000,000 $6,964,454 $0 $5,519,351 N/M 1 N/M 1
Thomas H. Lee Equity Fund VI, L.P 2006 $240,000,000 $402,360,631 $437,278,841 $546,914,224 7.0% 1.4x
TowerBrook Investors II, L.P. 2005 $200,000,000 $195,324,455 $297,174,151 $312,691,997 9.7% 1.6x
TowerBrook Investors III, L.P. 2008 $300,000,000 $324,283,428 $381,619,863 $430,476,274 9.5% 1.3x
TowerBrook Investors IV (Onshore), L.P. 2013 $380,000,000 $179,498,686 $67,139,361 $260,610,317 30.9% 1.5x
Towerbrook Structured Opportunities Fund (Onshore), L.P. 2016 $221,786,667 $116,624,692 $22,075,595 $123,264,120 8.8% 1 1.1x 1
TPG Asia V, L.P. 2007 $360,000,000 $350,599,460 $340,757,971 $489,665,689 6.7% 1.4x
TPG Biotechnology Partners II, L.P. 2006 $70,000,000 $71,888,857 $58,524,731 $71,524,566 -0.1% 1.0x
TPG Biotechnology Partners III, L.P. 2008 $100,000,000 $97,549,529 $70,858,656 $114,666,849 3.7% 1.2x
TPG Partners IV, L.P. 2003 $200,000,000 $225,811,312 $419,865,002 $435,732,010 15.5% 1.9x
TPG Partners V, L.P. 2006 $600,000,000 $811,329,685 $881,712,328 $1,022,431,331 4.0% 1.3x
TPG Partners VI, L.P. 2008 $825,000,000 $937,864,130 $1,012,300,917 $1,405,515,519 10.8% 1.5x
TPG STAR, L.P. 2007 $150,000,000 $168,831,204 $193,929,539 $259,642,172 10.3% 1.5x
Trident VI 2014 $250,000,000 $218,128,578 $51,254,467 $298,293,974 17.9% 1 1.4x 1
Trident VII, L.P. 2017 $270,000,000 $29,556,863 $0 $27,346,029 N/M 1 N/M 1
Triton Fund IV L.P. 2013 $91,713,704 $88,331,256 $40,754,218 $108,806,174 12.2% 1.2x
Valor Equity Partners IV L.P. 2017 $75,000,000 $19,641,772 $0 $21,426,118 N/M 1 N/M 1
VantagePoint CleanTech Partners, L.P. 2006 $25,000,000 $25,000,000 $12,704,911 $18,446,683 -7.1% 0.7x
VantagePoint Venture Partners 2006 (Q), L.P. 2006 $100,000,000 $100,000,000 $7,837,270 $35,675,239 -15.2% 0.4x
Vicente Capital Partners Growth Equity Fund, L.P. 2007 $40,422,297 $40,074,539 $23,805,280 $58,764,461 7.6% 1.5x
W Capital Partners II, L.P. 2007 $141,125,000 $140,615,876 $187,182,192 $198,353,514 10.7% 1.4x
Wellspring Capital Partners V, L.P. 2011 $150,000,000 $165,272,701 $184,076,426 $249,758,585 17.1% 1.5x
Welsh, Carson, Anderson & Stowe X, L.P. 2005 $175,000,000 $171,163,604 $283,287,917 $293,540,701 8.2% 1.7x
Welsh, Carson, Anderson & Stowe XI, L.P. 2009 $125,000,000 $125,000,000 $138,856,142 $203,668,694 12.9% 1.6x
Welsh, Carson, Anderson & Stowe XII, L.P. 2015 $350,000,000 $144,612,168 $33,165,011 $208,354,504 20.0% 1 1.4x 1
WLR Recovery Fund II, L.P. 2002 $50,000,000 $50,000,000 $120,565,266 $120,839,241 78.8% 2.4x
WLR Recovery Fund III, L.P. 2005 $198,000,000 $198,000,000 $129,463,682 $137,400,361 -7.6% 0.7x
WLR Recovery Fund IV, L.P. 2007 $400,000,000 $363,747,718 $463,586,591 $499,572,296 7.9% 1.4x
Yucaipa American Alliance Fund I, L.P. 2002 $200,000,000 $314,764,188 $268,050,907 $347,112,303 2.8% 1.1x
Yucaipa American Alliance Fund II, L.P. 2008 $400,000,000 $557,456,161 $335,052,025 $820,722,601 8.5% 1.5x
Yucaipa Corporate Initiatives Fund I, L.P. 2001 $200,000,000 $288,655,697 $174,440,647 $220,257,903 -4.4% 0.8x
Yucaipa Corporate Initiatives Fund II, L.P. 2008 $93,539,524 $91,320,511 $28,150,439 $86,048,240 -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.