As of December 31, 2017, 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 December 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 $425,011,590 $102,101,561 $584,471,204 9.4% 1.4x
57 Stars Global Opportunities Fund, LLC 2007 $430,000,000 $405,671,777 $405,051,988 $607,497,171 8.0% 1.5x
AACP AP Investors, L.P. 2007 $14,108,080 $14,821,722 $12,989,620 $16,473,939 1.8% 1.1x
AACP China Debt Investors, LP 2008 $10,000,000 $15,834,187 $20,146,425 $20,191,908 8.4% 1.3x
AACP China Growth Investors 2007 $50,000,000 $51,914,925 $80,577,098 $84,316,080 8.1% 1.6x
AACP China Venture Investors A, LP 2008 $5,000,000 $4,293,847 $2,285,697 $6,962,409 7.4% 1.6x
AACP India Investors B 2007 $5,000,000 $5,093,054 $1,878,089 $10,794,806 9.9% 2.1x
AACP India Investors C 2009 $5,000,000 $5,104,297 $1,781,342 $10,513,154 16.2% 2.1x
AACP India Venture Investors A 2007 $5,000,000 $5,054,707 $4,229,626 $5,926,143 2.6% 1.2x
Aberdare Ventures IV, LP 2008 $50,000,000 $50,000,000 $19,177,065 $60,466,636 4.8% 1.2x
Advent International GPE V-D, L.P. 2005 $81,184,128 $77,609,736 $183,254,304 $188,708,010 42.8% 2.4x
Advent International GPE VI-A, L.P. 2008 $500,000,000 $502,306,204 $813,728,804 $1,051,574,334 17.4% 2.1x
Advent International GPE VII-C, L.P. 2012 $450,000,000 $418,107,784 $171,732,784 $712,208,302 19.2% 1.7x
Advent International GPE VIII-B Limited Partnership 2016 $500,000,000 $225,750,000 $0 $242,356,337 12.7% 1 1.1x 1
Advent Latin America Private Equity Fund IV-D, L.P. 2007 $200,000,000 $205,315,197 $250,640,196 $314,485,368 9.9% 1.5x
Advent Latin America Private Equity Fund V-H L.P. 2010 $100,000,000 $95,700,000 $24,500,000 $117,389,008 5.4% 1.2x
Advent Latin American Private Equity Fund III-D L.P. 2006 $50,000,000 $49,385,090 $66,456,184 $72,480,502 10.0% 1.5x
Affinity Asia Pacific Fund III L.P. 2007 $150,000,000 $152,616,871 $186,712,772 $229,553,919 10.9% 1.5x
Aisling Capital II, LP 2006 $80,000,000 $100,983,027 $87,650,903 $103,137,252 0.4% 1.0x
Aisling Capital III, LP 2008 $90,000,000 $112,663,346 $141,346,178 $204,232,856 23.3% 1.8x
Alta V Limited Partnership 1992 $35,000,000 $35,000,000 $84,587,808 $84,620,303 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 $3,130,818,570 $3,169,290,216 27.4% 2.6x
Apollo European Principal Finance Fund, L.P. 2008 $81,109,287 $165,171,890 $200,017,990 $200,706,641 11.9% 1.2x
Apollo Investment Fund IV, L.P. 1998 $150,000,000 $154,312,417 $254,289,011 $254,505,211 8.5% 1.6x
Apollo Investment Fund V, L.P. 2001 $250,000,000 $388,993,978 $776,633,765 $780,520,476 37.5% 2.0x
Apollo Investment Fund VI, L.P. 2006 $520,000,000 $866,357,105 $1,091,974,404 $1,232,838,388 8.5% 1.4x
Apollo Investment Fund VII, L.P. 2008 $800,000,000 $1,184,828,251 $1,736,486,273 $1,927,647,055 22.8% 1.6x
Apollo Investment Fund VIII, L.P. 2013 $500,000,000 $391,157,858 $95,435,924 $539,455,026 20.7% 1 1.4x 1
Apollo Special Opportunities Managed Account, L.P. 2007 $800,000,000 $800,000,000 $762,541,787 $1,085,092,261 4.0% 1.4x
ArcLight Energy Partners Fund III, L.P. 2006 $200,000,000 $212,312,180 $314,980,433 $315,489,023 8.6% 1.5x
ArcLight Energy Partners Fund IV, L.P. 2007 $250,000,000 $255,794,752 $365,958,923 $385,272,532 12.6% 1.5x
Ares Corporate Opportunities Fund II, L.P. 2006 $200,000,000 $224,922,280 $358,949,876 $375,495,453 13.3% 1.7x
Ares Corporate Opportunities Fund III, L.P. 2008 $400,000,000 $501,897,461 $652,459,373 $1,065,854,410 22.5% 2.1x
Ares Corporate Opportunities Fund V, L.P. 2017 $425,000,000 $59,217,917 $0 $56,555,395 N/M 1 N/M 1
Ares Corporate Opportunities Fund, L.P. 2003 $100,000,000 $135,853,818 $195,665,318 $200,481,807 13.1% 1.5x
Ares Special Situations Fund, L.P. 2007 $150,000,000 $150,000,000 $263,359,752 $263,359,752 12.5% 1.8x
Asia Alternatives Capital Partners II LP 2008 $48,933,451 $49,417,505 $39,253,536 $113,598,828 20.0% 2.3x
Asia Alternatives Capital Partners, LP 2007 $50,000,000 $53,338,441 $76,191,673 $98,779,597 12.0% 1.9x
Avenue Asia Special Situations Fund IV, L.P. 2006 $300,000,000 $271,629,915 $294,879,877 $297,356,093 2.0% 1.1x
Avenue Europe Special Situations Fund, L.P. 2008 $203,458,192 $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 $144,096,730 $164,714,322 1.7% 1.1x
Baring Vostok Private Equity Fund IV L.P. / Supplemental 2007 $77,775,000 $85,496,449 $55,113,359 $108,610,253 4.8% 1.3x
BDC III C LP 2017 $135,214,079 $20,287,580 $0 $29,395,546 N/M 1 N/M 1
Birch Hill Equity Partners (US) III, LP 2005 $125,642,937 $142,028,047 $233,205,023 $262,717,080 12.1% 1.8x
Birch Hill Equity Partners (US) IV, LP 2011 $137,496,111 $124,441,786 $72,852,498 $192,602,935 12.1% 1.5x
Blackstone / GSO Capital Solutions Fund, LP 2010 $250,000,000 $355,288,139 $421,290,641 $448,050,079 10.8% 1.3x
Blackstone Capital Partners IV L.P. 2003 $200,000,000 $229,306,040 $538,215,999 $560,230,242 36.4% 2.4x
Blackstone Capital Partners V L.P. 2006 $600,000,000 $793,481,128 $1,152,548,560 $1,212,514,343 7.9% 1.5x
Blackstone Capital Partners VI L.P. 2011 $500,000,000 $513,108,519 $270,110,941 $745,820,177 13.5% 1.5x
Blackstone Capital Partners VII, L.P. 2016 $500,000,000 $108,665,227 $6,886,438 $115,397,722 10.7% 1 1.1x 1
Blackstone Communications Partners I L.P. 2000 $100,000,000 $111,226,418 $135,473,542 $136,306,480 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 $916,948,121 $632,056,634 $1,204,456,528 11.8% 1.3x
Blackstone Tactical Opportunities Fund II - C L.P. 2015 $500,000,000 $318,242,587 $75,582,909 $393,573,047 19.5% 1 1.2x 1
Bridgepoint Europe II 'A' LP 2001 $110,311,159 $127,309,360 $225,240,687 $227,306,465 29.3% 1.8x
Bridgepoint Europe III 'D' LP 2005 $203,573,937 $191,932,333 $137,124,135 $238,497,952 3.0% 1.2x
Bridgepoint Europe IV 'D' LP 2008 $400,976,984 $376,411,805 $384,209,616 $613,068,578 11.9% 1.6x
Bridgepoint Europe V 2014 $404,276,380 $227,304,839 $35,982,473 $285,117,677 24.5% 1 1.3x 1
California Asia Investors, L.P. 2008 $150,000,000 $146,665,073 $160,235,978 $665,011,998 34.0% 4.5x
California Community Venture Fund, LLC 2003 $100,000,000 $100,067,655 $79,595,758 $95,406,691 -0.8% 1.0x
California Emerging Ventures II, LLC 1999 $1,351,990,106 $1,390,860,225 $1,648,813,292 $1,723,181,631 4.0% 1.2x
California Emerging Ventures III, LLC 2001 $477,739,317 $584,703,633 $720,618,093 $817,360,748 7.4% 1.4x
California Emerging Ventures IV, LLC 2006 $461,336,141 $483,117,620 $574,613,323 $830,973,682 12.0% 1.7x
California Emerging Ventures, LLC 1999 $957,666,811 $1,095,281,896 $1,257,083,200 $1,271,049,048 3.5% 1.2x
California Mezzanine Investment Fund, L.P. 2016 $80,000,000 $23,829,727 $1,473,682 $24,933,991 5.6% 1 1.0x 1
CalPERS Clean Energy & Technology Fund, LLC 2007 $465,000,000 $463,377,880 $86,647,667 $242,698,040 -10.5% 0.5x
CalPERS Corporate Partners, LLC 2001 $500,000,000 $523,415,107 $829,453,550 $831,605,417 9.4% 1.6x
CalPERS Wellspring V, L.P. 2011 $24,975,000 $24,725,278 $30,188,937 $44,257,755 25.4% 1.8x
Capital Link Fund I, LLC 2007 $502,000,000 $597,700,146 $631,648,464 $860,903,029 7.9% 1.4x
Capital Link Fund II, LLC 2008 $435,000,000 $462,637,124 $487,839,169 $720,799,851 12.1% 1.6x
Carlyle Asia Growth Partners III, L.P. 2005 $75,000,000 $84,685,888 $76,263,225 $80,106,053 -1.0% 0.9x
Carlyle Asia Growth Partners IV, L.P. 2008 $150,000,000 $162,962,622 $136,958,607 $212,729,960 7.1% 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 $166,704,511 $253,869,702 $255,249,465 8.2% 1.5x
Carlyle Asia Partners III, L.P. 2008 $300,000,000 $369,291,256 $427,995,033 $554,563,025 12.2% 1.5x
Carlyle Europe Partners II, L.P. 2003 $71,055,889 $93,128,086 $146,875,697 $147,853,502 19.7% 1.6x
Carlyle Europe Partners III, L.P. 2007 $416,750,871 $455,202,974 $649,038,044 $731,395,383 11.3% 1.6x
Carlyle Europe Real Estate Partners, L.P. 2002 $29,274,810 $40,959,165 $60,394,091 $60,394,091 13.9% 1.5x
Carlyle Europe Technology Partners II, L.P. 2008 $101,411,134 $109,496,974 $182,928,250 $201,288,996 16.3% 1.8x
Carlyle Global Financial Services Partners, L.P. 2008 $150,000,000 $190,786,070 $250,685,507 $319,428,665 13.7% 1.7x
Carlyle Japan Partners II, L.P. 2006 $157,608,123 $162,218,703 $163,321,240 $179,990,924 2.0% 1.1x
Carlyle Japan Partners, L.P. 2001 $25,577,146 $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 $37,693,887 8.2% 1.2x
Carlyle Partners IV L.P. 2005 $300,000,000 $315,676,076 $656,869,332 $662,685,410 14.5% 2.1x
Carlyle Partners V, L.P. 2007 $800,000,000 $1,064,727,013 $1,510,000,033 $1,689,865,288 12.9% 1.6x
Carlyle Partners VI, L.P. 2013 $547,000,000 $527,476,658 $117,214,575 $658,623,751 13.6% 1 1.2x 1
Carlyle Realty Partners III, L.P. 2001 $50,000,000 $66,645,477 $122,653,082 $156,061,517 28.5% 2.3x
Carlyle Strategic Partners II, L.P. 2007 $75,000,000 $148,910,451 $189,882,008 $192,300,095 11.4% 1.3x
Carlyle Strategic Partners IV, L.P. 2016 $150,000,000 $23,113,801 $6,697,043 $24,734,178 11.0% 1 1.1x 1
Carlyle U.S. Equity Opportunities II, L.P. 2015 $200,000,000 $91,506,924 $11,248,558 $99,237,542 7.9% 1 1.1x 1
Carlyle U.S. Growth Fund III, L.P. 2006 $75,000,000 $92,140,321 $117,664,653 $122,666,225 7.3% 1.3x
Carlyle Venture Partners II, L.P. 2001 $50,000,000 $77,961,078 $77,144,623 $87,513,057 2.5% 1.1x
Carlyle/Riverstone Global Energy and Power Fund II 2003 $75,000,000 $123,149,609 $216,566,053 $216,674,764 52.7% 1.8x
Carlyle/Riverstone Global Energy and Power Fund III, L.P. 2005 $250,000,000 $266,541,431 $343,363,607 $361,061,572 6.5% 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 $93,245,179 $111,224,423 5.3% 1.4x
CDH Fund V, L.P. 2014 $200,000,000 $176,539,793 $41,199,149 $238,214,123 15.9% 1 1.3x 1
Centerbridge Capital Partners III, L.P. 2015 $150,000,000 $72,216,969 $9,138,400 $87,202,830 14.1% 1 1.2x 1
Cerberus CAL II Partners, L.P. 2017 $500,000,000 $101,980,198 $0 $132,407,125 N/M 1 N/M 1
Cerberus CP Partners LP 2013 $600,000,000 $603,337,055 $283,165,853 $958,905,937 18.9% 1 1.6x 1
Cerberus Institutional Partners V, L.P. 2012 $400,000,000 $479,288,769 $369,336,733 $761,307,921 15.1% 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 $54,005,880 5.0% 1.3x
Clarus Lifesciences II, L.P. 2008 $75,000,000 $71,452,500 $75,409,761 $138,218,592 16.8% 1.9x
Clearlake Capital Partners III, LP 2012 $50,000,000 $66,594,920 $75,192,663 $142,738,099 39.5% 2.1x
Clearlake Capital Partners IV, L.P. 2015 $56,700,000 $48,202,721 $31,669,650 $66,884,509 33.1% 1 1.4x 1
Clearlake Opportunities Partners (P), L.P. 2015 $56,700,000 $31,832,743 $11,858,035 $34,633,174 8.0% 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 $81,293,277 4.8% 1.3x
Clearwater Capital Partners Fund III, L.P. 2006 $150,000,000 $150,000,000 $139,031,856 $184,834,596 3.3% 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 $320,849,738 $402,576,138 $454,647,064 8.2% 1.4x
Craton Equity Investors I, L.P. 2007 $38,153,846 $39,334,061 $5,214,248 $5,792,362 -30.5% 0.1x
CVC Capital Partners Strategic Opportunities Compounding Capital L.P. 2017 $1,012,577,632 $410,887,484 $87,181,018 $483,621,405 N/M 1 N/M 1
CVC Capital Partners VI, L.P. 2014 $575,395,353 $528,484,665 $85,494,998 $627,324,041 14.7% 1 1.2x 1
CVC Credit Strategic Investment A L.P. 2014 $208,226,066 $166,936,340 $55,891,491 $240,736,182 30.0% 1 1.4x 1
CVC European Equity Partners II (D) L.P. 1998 $145,140,453 $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 41.1% 2.6x
CVC European Equity Partners IV (D) L.P. 2005 $324,167,796 $406,391,792 $726,645,895 $727,048,659 17.2% 1.8x
CVC European Equity Partners Tandem Fund (B) L.P. 2007 $464,148,983 $570,429,899 $731,013,471 $735,544,489 6.8% 1.3x
CVC European Equity Partners V (B) L.P. 2008 $558,760,531 $710,181,414 $984,243,899 $1,174,556,152 15.4% 1.7x
EMAlternatives Investments, L.P. 2007 $99,010,638 $113,032,192 $87,734,132 $150,839,552 6.5% 1.3x
Essex Woodlands Health Ventures Fund VIII, L.P. 2008 $125,000,000 $127,269,507 $52,247,138 $139,517,439 2.0% 1.1x
First Reserve Fund XI, L.P. 2006 $500,000,000 $570,173,986 $370,742,876 $399,166,598 -9.1% 0.7x
First Reserve Fund XII, L.P. 2008 $300,000,000 $341,016,950 $166,940,883 $245,354,687 -8.3% 0.7x
First Reserve Fund XIII, LP 2014 $400,000,000 $189,361,745 $43,894,848 $223,306,824 13.3% 1 1.2x 1
Francisco Partners II, L.P. 2006 $175,000,000 $174,005,517 $241,432,229 $276,627,238 10.6% 1.6x
Francisco Partners III, L.P. 2011 $100,000,000 $93,913,268 $122,450,419 $200,498,861 20.3% 2.1x
Francisco Partners, L.P. 2000 $50,000,000 $52,654,785 $66,184,646 $66,419,700 4.3% 1.3x
GCM Grosvenor DEM II, L.P. 2014 $200,000,000 $77,276,043 $22,688,890 $82,218,459 7.0% 1 1.1x 1
GCM Grosvenor DEM, L.P. 2012 $100,000,000 $66,124,915 $21,344,013 $75,483,492 8.3% 1.1x
Generation Capital Partners, L.P. 1996 $50,000,000 $54,064,964 $65,798,632 $66,172,090 6.3% 1.2x
Golden State Investment Fund, LLC 2006 $533,058,824 $517,976,377 $619,991,196 $774,113,643 8.2% 1.5x
Green Equity Investors IV, L.P. 2003 $168,628,515 $170,691,565 $309,927,061 $319,169,110 11.2% 1.9x
Green Equity Investors V, L.P. 2007 $400,000,000 $446,335,956 $645,205,499 $895,748,004 18.2% 2.0x
GSO Capital Opportunities Fund II L.P. 2011 $250,000,000 $291,729,317 $229,568,108 $360,436,982 13.7% 1.2x
GSO Capital Opportunities Fund L.P. 2008 $100,000,000 $165,986,505 $228,676,449 $231,473,531 17.3% 1.4x
GSO Capital Solutions Fund II, L.P. 2014 $500,000,000 $367,125,537 $191,035,813 $447,371,244 15.6% 1 1.2x 1
GSO Energy Partners-C II LP 2016 $250,000,000 $147,029,992 $6,398,964 $168,462,017 18.4% 1 1.1x 1
GSO Energy Partners-C LP 2013 $400,000,000 $413,733,468 $131,208,551 $406,329,160 -1.1% 1 1.0x 1
Hellman & Friedman Capital Partners V LP 2004 $200,000,000 $183,940,613 $484,931,078 $488,125,846 27.9% 2.7x
Hellman & Friedman Capital Partners VI 2007 $600,000,000 $612,793,602 $981,335,417 $1,128,216,549 13.2% 1.8x
Hellman & Friedman Capital Partners VII 2011 $300,000,000 $284,791,714 $233,556,435 $634,388,337 24.6% 2.2x
Hellman & Friedman Capital Partners VIII, L.P. 2016 $500,000,000 $241,720,180 $34,096,011 $280,482,948 51.4% 1 1.2x 1
ICV Partners II, L.P. 2005 $31,220,000 $40,135,407 $60,928,757 $67,638,891 13.4% 1.7x
Insight Venture Partners IX, L.P. 2015 $100,000,000 $82,599,061 $2,661,547 $108,418,396 19.2% 1 1.3x 1
Insight Venture Partners V, L.P. 2005 $32,500,000 $32,500,000 $85,230,892 $90,749,393 21.0% 2.8x
Insight Venture Partners VI, L.P. 2007 $68,000,000 $73,833,084 $158,263,194 $183,613,058 19.4% 2.5x
Khosla Ventures III, L.P. 2009 $200,000,000 $195,000,000 $217,447,478 $286,717,200 7.2% 1.5x
Khosla Ventures Seed, L.P. 2009 $60,000,000 $60,000,000 $12,484,329 $52,138,112 -2.5% 0.9x
KKR 2006 Fund L.P. 2006 $400,000,000 $593,954,830 $732,758,590 $867,742,730 7.7% 1.5x
KKR Asian Fund II L.P. 2013 $500,000,000 $529,084,709 $151,236,045 $717,416,549 17.8% 1 1.4x 1
KKR Asian Fund L.P. 2007 $272,575,591 $353,171,050 $542,117,844 $595,907,127 13.7% 1.7x
KKR European Fund II, L.P. 2005 $200,416,035 $236,160,704 $292,825,590 $294,508,157 3.9% 1.2x
KKR European Fund III, L.P. 2008 $339,363,410 $417,953,912 $471,981,449 $590,133,206 9.9% 1.4x
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 $371,862,162 16.4% 1.8x
Kline Hawkes Pacific, L.P. 2000 $100,000,000 $100,000,000 $46,954,699 $67,559,196 -4.9% 0.7x
KM Corporate Partners Fund II, LP 2007 $200,000,000 $192,440,928 $169,749,227 $294,313,125 9.1% 1.5x
KPS Special Situations Fund III, LP 2007 $175,000,000 $244,474,619 $332,084,772 $389,624,978 22.4% 1.6x
Lime Rock Partners IV, LP 2006 $43,000,000 $47,614,621 $33,325,967 $139,750,496 15.2% 2.9x
Lime Rock Partners V, L.P. 2008 $85,000,000 $94,339,303 $47,213,687 $98,609,260 0.9% 1.0x
Lindsay Goldberg IV, L.P. 2015 $250,000,000 $70,283,770 $11,498,012 $127,017,490 76.4% 1 1.8x 1
Lion Capital Fund II, L.P. 2007 $216,298,601 $259,917,854 $170,269,476 $198,953,580 -5.6% 0.8x
Madison Dearborn Capital Partners IV, L.P. 2000 $150,000,000 $173,964,778 $305,140,761 $313,590,415 14.1% 1.8x
Madison Dearborn Capital Partners V, L.P. 2006 $300,000,000 $351,471,981 $504,748,122 $519,549,856 7.0% 1.5x
Magnum Capital, L.P. 2007 $135,346,677 $145,003,006 $183,292,861 $183,292,861 5.2% 1.3x
MHR Institutional Partners II LP 2003 $50,000,000 $53,000,000 $71,332,870 $92,166,955 10.7% 1.7x
MHR Institutional Partners III LP 2006 $350,000,000 $371,000,000 $369,563,334 $542,499,987 7.5% 1.5x
New Mountain Partners II, L.P. 2005 $150,000,000 $138,727,183 $264,581,334 $270,091,981 13.8% 1.9x
New Mountain Partners III, L.P. 2007 $400,000,000 $450,241,367 $553,188,523 $829,148,822 13.6% 1.8x
Newbridge Asia IV, L.P. 2005 $180,000,000 $195,554,362 $392,238,244 $410,918,092 16.8% 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 $86,676,924 $133,768,502 $137,052,722 9.8% 1.6x
Oak Hill Capital Partners III, L.P. 2007 $300,000,000 $371,935,016 $376,830,878 $574,666,039 10.3% 1.5x
Oaktree Opportunities Fund VIIIb, L.P. 2011 $200,000,000 $200,000,000 $145,742,973 $252,831,660 5.5% 1.3x
Onex Partners IV, L.P. 2014 $300,000,000 $209,949,398 $16,745,947 $219,043,836 2.3% 1 1.0x 1
PAG Asia I LP 2012 $100,000,000 $112,738,719 $88,612,552 $179,122,288 20.6% 1.6x
Palladium Equity Partners III, L.P. 2004 $193,750,000 $252,223,842 $345,180,158 $459,894,014 16.6% 1.8x
Patria Brazilian Private Equity Fund V, L.P. 2015 $150,000,000 $25,100,840 $0 $28,580,611 15.0% 1 1.1x 1
Permira Europe III 2004 $126,989,866 $126,989,866 $218,890,726 $219,452,189 26.6% 1.7x
Permira IV L.P.2 2006 $280,343,872 $349,848,634 $453,204,487 $514,012,724 7.8% 1.5x
Permira V, L.P. 2014 $269,455,031 $250,137,827 $8,446,044 $346,705,215 13.7% 1 1.4x 1
Permira VI L.P. 1 2017 $520,008,269 $112,120,525 $0 $124,675,367 N/M 1 N/M 1
Polish Enterprise Fund V, L.P. 2004 $58,736,573 $69,638,061 $133,103,532 $136,771,199 15.3% 2.0x
Polish Enterprise Fund VI, L.P. 2006 $139,052,331 $160,366,307 $208,523,932 $226,746,329 6.0% 1.4x
Providence Equity Partners V 2005 $125,000,000 $157,825,582 $182,968,971 $191,203,812 3.6% 1.2x
Providence Equity Partners VI L.P. 2007 $320,000,000 $498,863,955 $496,746,767 $637,225,634 5.9% 1.3x
RFG Private Equity Limited Partnership No. 1A, 1B and 1C 2004 $33,956,702 $33,964,880 $42,684,654 $48,149,923 7.6% 1.4x
Rhone Partners III, L.P. 2006 $135,350,962 $145,326,327 $206,830,836 $207,085,930 9.8% 1.4x
Richardson Capital Private Equity Limited Partnership No.2A, 2B and 2C 2006 $42,629,382 $25,047,937 $12,202,602 $13,397,699 -11.4% 0.5x
Riverstone Global Energy and Power Fund V, L.P. 2012 $400,000,000 $415,993,873 $209,049,793 $465,225,181 4.3% 1.1x
Riverstone Global Energy and Power Fund VI, L.P. 2016 $500,000,000 $259,262,151 $8,059,989 $340,466,883 44.4% 1 1.3x 1
Riverstone/Carlyle Global Energy and Power Fund IV, L.P. 2008 $500,000,000 $577,003,255 $429,330,951 $684,698,881 5.0% 1.2x
Riverstone/Carlyle Renewable & Alternative Energy Fund II, L.P. 2008 $300,000,000 $325,454,567 $242,329,751 $393,951,580 4.8% 1.2x
Riverwood Capital Partners (Parallel - A) L.P. 2010 $150,000,000 $170,242,305 $271,241,274 $331,107,181 24.3% 1.9x
Sacramento Private Equity Partners, L.P. 2006 $605,000,000 $521,618,435 $615,307,575 $872,401,897 10.6% 1.7x
SAIF Partners III L.P. 2007 $100,000,000 $125,245,773 $105,041,082 $277,847,855 11.3% 2.2x
SAIF Partners IV L.P. 2010 $120,000,000 $146,456,026 $48,374,177 $214,994,306 9.2% 1.5x
Sankaty Managed Account (CalPERS), L.P. 2014 $500,000,001 $440,705,001 $112,940,000 $493,407,957 7.9% 1 1.1x 1
Silver Lake Partners II, L.P. 2004 $125,000,000 $135,400,489 $218,788,089 $235,781,637 11.0% 1.7x
Silver Lake Partners III, L.P. 2007 $480,000,000 $605,896,841 $901,372,169 $1,132,824,817 18.9% 1.9x
Silver Lake Partners IV, L.P. 2013 $320,000,000 $319,366,734 $112,729,950 $463,686,758 26.8% 1 1.5x 1
Siris Partners III, L.P. 2015 $75,000,000 $53,502,917 $8,683,253 $59,793,933 10.7% 1 1.1x 1
Tailwind Capital Partners (PP), LP 2007 $77,510,000 $94,079,382 $114,638,898 $146,664,299 12.2% 1.6x
Tailwind Capital Partners II, LP 2014 $150,000,000 $123,433,238 $14,788,782 $167,849,960 20.4% 1 1.4x 1
The Central Valley Fund II SBIC, LP 2012 $12,000,000 $7,689,696 $3,193,676 $12,332,494 13.9% 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 $217,919,017 $226,285,404 $315,413,164 9.1% 1.4x
Thomas H. Lee Equity Fund VI, L.P 2006 $240,000,000 $402,360,631 $422,989,239 $543,514,345 7.0% 1.4x
TowerBrook Investors II, L.P. 2005 $200,000,000 $195,324,455 $297,174,151 $313,107,185 9.8% 1.6x
TowerBrook Investors III, L.P. 2008 $300,000,000 $323,640,916 $343,843,837 $426,739,922 9.4% 1.3x
TowerBrook Investors IV (Onshore), L.P. 2013 $380,000,000 $161,753,194 $67,139,361 $232,584,784 31.4% 1 1.4x 1
Towerbrook Structured Opportunities Fund (Onshore), L.P. 2016 $221,786,667 $79,376,079 $20,526,831 $85,945,816 11.8% 1 1.1x 1
TPG Asia V, L.P. 2007 $360,000,000 $350,599,460 $334,184,596 $487,641,339 6.7% 1.4x
TPG Biotechnology Partners II, L.P. 2006 $70,000,000 $71,888,857 $58,524,731 $71,010,224 -0.2% 1.0x
TPG Biotechnology Partners III, L.P. 2008 $100,000,000 $97,549,529 $70,858,656 $113,785,353 3.6% 1.2x
TPG Partners IV, L.P. 2003 $200,000,000 $225,811,312 $419,865,002 $436,774,417 15.5% 1.9x
TPG Partners V, L.P. 2006 $600,000,000 $811,329,685 $874,289,233 $1,025,193,404 4.1% 1.3x
TPG Partners VI, L.P. 2008 $825,000,000 $937,390,669 $979,846,144 $1,397,760,775 10.8% 1.5x
TPG STAR, L.P. 2007 $150,000,000 $168,831,204 $193,929,539 $260,103,166 10.5% 1.5x
Trident VI 2014 $250,000,000 $219,256,679 $41,791,646 $284,977,479 16.9% 1 1.3x 1
Trident VII, L.P. 2017 $270,000,000 $29,556,863 $0 $26,350,486 N/M 1 N/M 1
Triton Fund IV L.P. 2013 $91,352,440 $80,109,420 $29,938,207 $97,528,125 11.6% 1 1.2x 1
Valor Equity Partners IV L.P. 2017 $75,000,000 $8,333,392 $0 $8,719,963 N/M 1 N/M 1
VantagePoint CleanTech Partners, L.P. 2006 $25,000,000 $25,000,000 $12,704,911 $18,442,805 -7.2% 0.7x
VantagePoint Venture Partners 2006 (Q), L.P. 2006 $100,000,000 $100,000,000 $7,837,270 $34,534,394 -16.2% 0.3x
Vicente Capital Partners Growth Equity Fund, L.P. 2007 $40,422,297 $40,011,371 $23,805,280 $58,829,885 7.9% 1.5x
W Capital Partners II, L.P. 2007 $141,125,000 $140,615,876 $187,182,192 $198,643,742 10.8% 1.4x
Wellspring Capital Partners V, L.P. 2011 $150,000,000 $163,714,484 $182,940,205 $249,549,778 17.7% 1.5x
Welsh, Carson, Anderson & Stowe X, L.P. 2005 $175,000,000 $171,163,604 $283,287,917 $293,069,777 8.2% 1.7x
Welsh, Carson, Anderson & Stowe XI, L.P. 2009 $125,000,000 $125,000,000 $135,430,852 $202,736,268 13.0% 1.6x
Welsh, Carson, Anderson & Stowe XII, L.P. 2015 $350,000,000 $144,612,168 $8,434,023 $195,985,115 18.6% 1 1.4x 1
WLR Recovery Fund II, L.P. 2002 $50,000,000 $50,000,000 $120,565,266 $121,097,266 78.8% 2.4x
WLR Recovery Fund III, L.P. 2005 $198,000,000 $198,000,000 $128,751,577 $147,276,435 -5.7% 0.7x
WLR Recovery Fund IV, L.P. 2007 $400,000,000 $363,747,718 $453,256,697 $495,461,656 7.8% 1.4x
Yucaipa American Alliance Fund I, L.P. 2002 $200,000,000 $314,764,188 $268,050,907 $338,443,844 2.1% 1.1x
Yucaipa American Alliance Fund II, L.P. 2008 $400,000,000 $557,456,161 $335,052,025 $790,075,063 8.0% 1.4x
Yucaipa Corporate Initiatives Fund I, L.P. 2001 $200,000,000 $288,655,697 $174,440,647 $215,399,305 -4.9% 0.7x
Yucaipa Corporate Initiatives Fund II, L.P. 2008 $93,539,524 $91,320,511 $28,150,439 $83,625,993 -1.6% 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.