As of September 30, 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 September 30, 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 $412,472,564 $94,936,339 $535,659,210 8.0% 1.3x
57 Stars Global Opportunities Fund, LLC 2007 $430,000,000 $404,184,957 $378,664,233 $599,394,810 7.9% 1.5x
AACP AP Investors, L.P. 2007 $14,108,080 $14,819,114 $12,535,287 $17,484,157 2.7% 1.2x
AACP China Debt Investors, LP 2008 $10,000,000 $15,812,201 $19,783,703 $20,231,099 8.5% 1.3x
AACP China Growth Investors 2007 $50,000,000 $51,914,925 $79,329,991 $85,516,579 8.3% 1.6x
AACP China Venture Investors A, LP 2008 $5,000,000 $4,293,847 $2,285,697 $7,102,338 7.9% 1.7x
AACP India Investors B 2007 $5,000,000 $5,093,054 $1,878,089 $9,096,979 7.9% 1.8x
AACP India Investors C 2009 $5,000,000 $5,104,297 $1,781,342 $10,733,695 17.4% 2.1x
AACP India Venture Investors A 2007 $5,000,000 $5,024,248 $3,380,397 $5,999,262 2.9% 1.2x
Aberdare Ventures IV, LP 2008 $50,000,000 $50,000,000 $19,177,065 $67,884,282 7.8% 1.4x
Advent International GPE V-D, L.P. 2005 $81,125,538 $77,609,736 $181,875,273 $188,665,895 42.8% 2.4x
Advent International GPE VI-A, L.P. 2008 $500,000,000 $502,306,204 $789,478,852 $1,044,982,767 17.5% 2.1x
Advent International GPE VII-C, L.P. 2012 $450,000,000 $405,732,784 $171,732,784 $686,888,898 19.7% 1.7x
Advent International GPE VIII-B Limited Partnership 2016 $500,000,000 $225,750,000 $0 $234,259,668 11.5% 1 1.0x 1
Advent Latin America Private Equity Fund IV-D, L.P. 2007 $200,000,000 $205,315,197 $225,640,196 $322,817,412 10.5% 1.6x
Advent Latin America Private Equity Fund V-H L.P. 2010 $100,000,000 $95,700,000 $24,500,000 $124,650,541 7.3% 1.3x
Advent Latin American Private Equity Fund III-D L.P. 2006 $50,000,000 $49,385,090 $64,706,184 $72,184,729 10.0% 1.5x
Affinity Asia Pacific Fund III L.P. 2007 $150,000,000 $152,616,871 $186,712,772 $228,435,732 10.9% 1.5x
Aisling Capital II, LP 2006 $80,000,000 $100,967,053 $78,705,665 $97,934,035 -0.6% 1.0x
Aisling Capital III, LP 2008 $90,000,000 $111,847,712 $128,351,849 $203,695,639 23.9% 1.8x
Alta V Limited Partnership 1992 $35,000,000 $35,000,000 $84,587,808 $84,622,691 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 $3,127,522,969 $3,170,651,192 27.4% 2.6x
Apollo European Principal Finance Fund, L.P. 2008 $82,411,389 $165,171,890 $199,644,283 $200,719,908 11.9% 1.2x
Apollo Investment Fund IV, L.P. 1998 $150,000,000 $154,312,417 $254,289,011 $254,518,568 8.5% 1.6x
Apollo Investment Fund V, L.P. 2001 $250,000,000 $388,993,978 $775,737,813 $780,678,294 37.5% 2.0x
Apollo Investment Fund VI, L.P. 2006 $520,000,000 $866,357,105 $1,077,434,369 $1,234,934,454 8.6% 1.4x
Apollo Investment Fund VII, L.P. 2008 $800,000,000 $1,183,739,933 $1,719,929,583 $1,922,369,455 22.9% 1.6x
Apollo Investment Fund VIII, L.P. 2013 $500,000,000 $358,802,301 $67,584,931 $463,478,472 17.4% 1 1.3x 1
Apollo Special Opportunities Managed Account, L.P. 2007 $800,000,000 $800,000,000 $718,095,079 $1,092,145,981 4.1% 1.4x
ArcLight Energy Partners Fund III, L.P. 2006 $200,000,000 $212,312,180 $314,980,433 $315,470,969 8.6% 1.5x
ArcLight Energy Partners Fund IV, L.P. 2007 $250,000,000 $255,794,752 $358,893,449 $386,846,530 12.7% 1.5x
Ares Corporate Opportunities Fund II, L.P. 2006 $200,000,000 $224,922,280 $358,949,876 $374,767,715 13.3% 1.7x
Ares Corporate Opportunities Fund III, L.P. 2008 $400,000,000 $501,386,941 $632,105,760 $1,026,730,744 22.2% 2.0x
Ares Corporate Opportunities Fund V, L.P. 2017 $425,000,000 $40,896,172 $0 $38,322,190 N/M 1 N/M 1
Ares Corporate Opportunities Fund, L.P. 2003 $100,000,000 $135,853,818 $195,665,318 $202,223,722 13.2% 1.5x
Ares Special Situations Fund, L.P. 2007 $150,000,000 $150,000,000 $263,353,464 $263,353,464 12.5% 1.8x
Asia Alternatives Capital Partners II LP 2008 $48,933,451 $49,269,989 $38,867,752 $109,212,275 19.8% 2.2x
Asia Alternatives Capital Partners, LP 2007 $50,000,000 $53,321,250 $75,703,600 $100,309,573 12.3% 1.9x
Avenue Asia Special Situations Fund IV, L.P. 2006 $300,000,000 $271,629,915 $294,879,877 $297,356,184 2.0% 1.1x
Avenue Europe Special Situations Fund, L.P. 2008 $203,588,392 $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 $211,805,804 $212,518,237 8.7% 1.4x
Avenue Special Situations Fund V, L.P. 2007 $400,000,000 $473,059,573 $606,562,691 $607,116,846 11.3% 1.3x
Avenue Special Situations Fund VI (A), L.P. 2011 $150,000,000 $153,245,391 $140,052,557 $163,241,534 1.5% 1.1x
Baring Vostok Private Equity Fund IV L.P. / Supplemental 2007 $77,775,000 $85,496,449 $49,493,422 $106,421,362 4.5% 1.2x
BDC III C LP 2017 $134,271,048 $20,287,580 $0 $21,797,782 N/M 1 N/M 1
Birch Hill Equity Partners (US) III, LP 2005 $125,626,582 $142,028,047 $233,205,023 $262,041,957 12.1% 1.8x
Birch Hill Equity Partners (US) IV, LP 2011 $137,526,190 $123,316,482 $71,105,406 $177,484,444 10.5% 1.4x
Blackstone / GSO Capital Solutions Fund, LP 2010 $250,000,000 $354,577,886 $394,537,640 $448,555,966 11.0% 1.3x
Blackstone Capital Partners IV L.P. 2003 $200,000,000 $229,306,040 $538,215,999 $561,703,761 36.4% 2.4x
Blackstone Capital Partners V L.P. 2006 $600,000,000 $793,439,428 $1,143,793,261 $1,212,072,217 7.9% 1.5x
Blackstone Capital Partners VI L.P. 2011 $500,000,000 $499,484,161 $234,529,679 $701,627,754 12.7% 1.4x
Blackstone Capital Partners VII, L.P. 2016 $500,000,000 $69,276,042 $688,801 $68,242,716 -2.5% 1 1.0x 1
Blackstone Communications Partners I L.P. 2000 $100,000,000 $111,226,418 $135,473,542 $136,358,950 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 $913,319,639 $548,778,574 $1,191,801,744 12.2% 1.3x
Blackstone Tactical Opportunities Fund II - C L.P. 2015 $500,000,000 $260,721,949 $53,545,915 $323,833,367 19.9% 1 1.2x 1
Bridgepoint Europe II 'A' LP 2001 $110,574,456 $127,309,360 $225,240,687 $227,352,815 29.3% 1.8x
Bridgepoint Europe III 'D' LP 2005 $203,393,612 $191,932,333 $125,857,852 $234,641,086 2.8% 1.2x
Bridgepoint Europe IV 'D' LP 2008 $400,534,548 $376,411,805 $384,209,616 $602,809,071 11.8% 1.6x
Bridgepoint Europe V 2014 $401,535,089 $227,304,839 $35,982,473 $267,007,810 22.0% 1 1.2x 1
California Asia Investors, L.P. 2008 $150,000,000 $146,221,615 $157,852,104 $617,808,855 33.6% 4.2x
California Community Venture Fund, LLC 2003 $100,000,000 $100,067,655 $76,042,705 $95,616,575 -0.8% 1.0x
California Emerging Ventures II, LLC 1999 $1,351,990,106 $1,390,851,315 $1,642,949,901 $1,727,218,312 4.0% 1.2x
California Emerging Ventures III, LLC 2001 $477,689,317 $584,517,657 $710,206,630 $814,338,422 7.3% 1.4x
California Emerging Ventures IV, LLC 2006 $461,195,516 $482,724,935 $561,718,414 $828,156,168 12.1% 1.7x
California Emerging Ventures, LLC 1999 $957,617,936 $1,095,056,339 $1,256,211,779 $1,270,716,140 3.5% 1.2x
California Mezzanine Investment Fund, L.P. 2016 $80,000,000 $14,351,758 $1,194,123 $14,105,299 -1.6% 1 1.0x 1
CalPERS Clean Energy & Technology Fund, LLC 2007 $465,000,000 $461,930,379 $81,726,286 $257,009,855 -9.7% 0.6x
CalPERS Corporate Partners, LLC 2001 $500,000,000 $523,415,107 $829,427,562 $834,788,493 9.5% 1.6x
CalPERS Wellspring V, L.P. 2011 $24,975,000 $24,725,278 $29,563,008 $44,807,944 26.6% 1.8x
Capital Link Fund I, LLC 2007 $502,000,000 $598,295,760 $596,523,299 $863,391,560 8.1% 1.4x
Capital Link Fund II, LLC 2008 $435,000,000 $459,705,030 $436,771,254 $704,163,274 11.9% 1.5x
Carlyle Asia Growth Partners III, L.P. 2005 $75,000,000 $84,524,853 $74,744,612 $79,551,711 -1.1% 0.9x
Carlyle Asia Growth Partners IV, L.P. 2008 $150,000,000 $162,642,970 $118,078,447 $206,412,272 6.6% 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 $254,489,593 8.2% 1.5x
Carlyle Asia Partners III, L.P. 2008 $300,000,000 $368,934,463 $415,773,308 $540,837,975 11.8% 1.5x
Carlyle Europe Partners II, L.P. 2003 $71,390,585 $93,091,885 $146,459,357 $147,769,198 19.7% 1.6x
Carlyle Europe Partners III, L.P. 2007 $417,221,708 $455,202,974 $634,354,028 $715,356,476 11.0% 1.6x
Carlyle Europe Real Estate Partners, L.P. 2002 $29,447,808 $40,959,165 $60,394,091 $60,394,091 13.9% 1.5x
Carlyle Europe Technology Partners II, L.P. 2008 $101,530,177 $109,496,974 $182,928,250 $200,044,511 16.2% 1.8x
Carlyle Global Financial Services Partners, L.P. 2008 $150,000,000 $190,786,070 $250,685,507 $313,173,507 13.4% 1.6x
Carlyle Japan Partners II, L.P. 2006 $157,605,994 $162,218,703 $129,825,643 $178,932,124 1.9% 1.1x
Carlyle Japan Partners, L.P. 2001 $25,571,699 $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 $36,440,854 $37,929,537 8.3% 1.2x
Carlyle Partners IV L.P. 2005 $300,000,000 $315,676,076 $656,869,332 $663,891,769 14.5% 2.1x
Carlyle Partners V, L.P. 2007 $800,000,000 $1,064,727,013 $1,401,979,982 $1,683,733,946 12.9% 1.6x
Carlyle Partners VI, L.P. 2013 $547,000,000 $490,334,200 $100,956,714 $588,427,739 11.9% 1 1.2x 1
Carlyle Realty Partners III, L.P. 2001 $50,000,000 $66,640,928 $122,395,888 $155,209,648 28.6% 2.3x
Carlyle Strategic Partners II, L.P. 2007 $75,000,000 $148,910,451 $189,882,008 $192,412,575 11.4% 1.3x
Carlyle Strategic Partners IV, L.P. 2016 $150,000,000 $18,312,919 $3,857,987 $20,855,452 24.8% 1 1.1x 1
Carlyle U.S. Equity Opportunities II, L.P. 2015 $200,000,000 $69,238,027 $11,248,558 $76,024,988 8.4% 1 1.1x 1
Carlyle U.S. Growth Fund III, L.P. 2006 $75,000,000 $92,140,321 $117,664,653 $122,548,801 7.3% 1.3x
Carlyle Venture Partners II, L.P. 2001 $50,000,000 $77,961,078 $77,144,623 $86,319,128 2.3% 1.1x
Carlyle/Riverstone Global Energy and Power Fund II 2003 $75,000,000 $123,149,609 $216,566,053 $216,743,335 52.7% 1.8x
Carlyle/Riverstone Global Energy and Power Fund III, L.P. 2005 $250,000,000 $266,467,957 $335,097,064 $355,416,325 6.3% 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 $76,666,069 $92,616,592 $111,192,437 5.4% 1.5x
CDH Fund V, L.P. 2014 $200,000,000 $171,367,662 $40,908,687 $216,447,189 13.5% 1 1.3x 1
Centerbridge Capital Partners III, L.P. 2015 $150,000,000 $70,452,032 $6,843,386 $82,271,943 13.4% 1 1.2x 1
Cerberus CAL II Partners, L.P. 2017 $500,000,000 $27,722,772 $0 $41,107,256 N/M 1 N/M 1
Cerberus CP Partners LP 2013 $600,000,000 $603,337,055 $253,465,346 $943,392,763 19.6% 1 1.6x 1
Cerberus Institutional Partners V, L.P. 2012 $400,000,000 $479,288,769 $318,208,086 $753,889,717 15.4% 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 $54,346,133 5.2% 1.3x
Clarus Lifesciences II, L.P. 2008 $75,000,000 $71,452,500 $75,409,761 $142,554,299 17.8% 2.0x
Clearlake Capital Partners III, LP 2012 $50,000,000 $66,594,920 $72,212,154 $137,422,957 39.5% 2.1x
Clearlake Capital Partners IV, L.P. 2015 $56,700,000 $46,001,591 $25,956,785 $64,160,780 37.1% 1 1.4x 1
Clearlake Opportunities Partners (P), L.P. 2015 $56,700,000 $25,375,843 $3,044,661 $26,870,380 5.2% 1 1.1x 1
Clearwater Capital Partners Fund I, L.P. 2007 $7,381,847 $41,735,012 $35,355,880 $35,389,389 -5.1% 0.8x
Clearwater Capital Partners Fund II Holdings, L.P. 2005 $54,375,000 $63,247,676 $78,272,635 $81,466,571 4.8% 1.3x
Clearwater Capital Partners Fund III, L.P. 2006 $150,000,000 $150,000,000 $137,531,856 $190,771,352 3.8% 1.3x
Clearwater ICPL Co-Investment Fund, L.P. 2017 $8,594,302 $8,594,302 $0 $9,975,183 N/M 1 N/M 1
Coller International Partners V-A, L.P. 2006 $375,000,000 $320,849,738 $402,576,138 $453,512,677 8.2% 1.4x
Craton Equity Investors I, L.P. 2007 $38,153,846 $39,334,061 $5,214,248 $9,989,958 -20.0% 0.3x
CVC Capital Partners Strategic Opportunities Compounding Capital L.P. 2017 $1,003,132,939 $398,308,227 $68,936,252 $435,047,144 N/M 1 N/M 1
CVC Capital Partners VI, L.P. 2014 $574,649,578 $321,588,930 $42,657,296 $394,584,620 12.8% 1 1.2x 1
CVC Credit Strategic Investment A L.P. 2014 $207,560,443 $141,237,997 $0 $210,083,150 33.9% 1 1.5x 1
CVC European Equity Partners II (D) L.P. 1998 $145,587,966 $174,585,775 $368,076,235 $368,076,235 19.0% 2.1x
CVC European Equity Partners III LP 2001 $200,000,000 $236,326,124 $592,407,402 $605,989,483 41.0% 2.6x
CVC European Equity Partners IV (D) L.P. 2005 $325,401,777 $406,391,792 $718,493,658 $727,565,466 17.2% 1.8x
CVC European Equity Partners Tandem Fund (B) L.P. 2007 $465,789,340 $570,429,899 $726,797,259 $735,875,309 6.8% 1.3x
CVC European Equity Partners V (B) L.P. 2008 $560,995,724 $709,163,800 $898,609,166 $1,147,706,836 15.0% 1.6x
EMAlternatives Investments, L.P. 2007 $99,010,638 $112,685,211 $84,787,774 $149,432,638 6.5% 1.3x
Essex Woodlands Health Ventures Fund VIII, L.P. 2008 $125,000,000 $127,269,507 $52,247,138 $143,426,290 2.7% 1.1x
First Reserve Fund XI, L.P. 2006 $500,000,000 $570,173,986 $370,742,876 $397,629,330 -9.3% 0.7x
First Reserve Fund XII, L.P. 2008 $300,000,000 $339,182,400 $159,381,304 $243,758,219 -8.5% 0.7x
First Reserve Fund XIII, LP 2014 $400,000,000 $175,976,684 $43,724,672 $191,037,314 7.3% 1 1.1x 1
Francisco Partners II, L.P. 2006 $175,000,000 $174,005,517 $238,842,294 $278,396,382 10.8% 1.6x
Francisco Partners III, L.P. 2011 $100,000,000 $94,301,007 $117,540,644 $194,999,849 20.0% 2.1x
Francisco Partners, L.P. 2000 $50,000,000 $52,654,785 $66,184,646 $66,415,594 4.3% 1.3x
GCM Grosvenor DEM II, L.P. 2014 $200,000,000 $63,189,902 $22,264,590 $65,245,782 3.6% 1 1.0x 1
GCM Grosvenor DEM, L.P. 2012 $100,000,000 $63,564,811 $19,494,036 $71,638,689 8.1% 1.1x
Generation Capital Partners, L.P. 1996 $50,000,000 $54,064,964 $65,798,632 $66,085,276 6.3% 1.2x
Golden State Investment Fund, LLC 2006 $533,058,824 $517,730,572 $603,340,161 $772,677,416 8.2% 1.5x
Green Equity Investors IV, L.P. 2003 $168,628,515 $170,691,565 $309,394,516 $319,182,457 11.2% 1.9x
Green Equity Investors V, L.P. 2007 $400,000,000 $446,335,956 $619,091,721 $877,966,690 18.0% 2.0x
GSO Capital Opportunities Fund II L.P. 2011 $250,000,000 $291,729,317 $217,542,109 $356,851,983 13.8% 1.2x
GSO Capital Opportunities Fund L.P. 2008 $100,000,000 $165,889,438 $228,676,449 $231,471,700 17.4% 1.4x
GSO Capital Solutions Fund II, L.P. 2014 $500,000,000 $357,275,228 $168,232,838 $425,175,789 15.0% 1 1.2x 1
GSO Energy Partners-C II LP 2016 $250,000,000 $107,131,613 $2,652,349 $125,448,980 21.7% 1 1.2x 1
GSO Energy Partners-C LP 2013 $400,000,000 $355,579,368 $126,708,174 $348,762,838 -1.1% 1 1.0x 1
Hellman & Friedman Capital Partners V LP 2004 $200,000,000 $183,940,613 $484,931,078 $488,919,461 27.9% 2.7x
Hellman & Friedman Capital Partners VI 2007 $600,000,000 $612,785,273 $978,419,403 $1,123,164,603 13.2% 1.8x
Hellman & Friedman Capital Partners VII 2011 $300,000,000 $284,791,714 $149,377,092 $605,438,501 24.4% 2.1x
Hellman & Friedman Capital Partners VIII, L.P. 2016 $500,000,000 $136,880,824 $8,574,397 $157,417,315 52.9% 1 1.2x 1
ICV Partners II, L.P. 2005 $31,220,000 $40,135,407 $60,928,757 $67,550,517 13.4% 1.7x
Insight Venture Partners IX, L.P. 2015 $100,000,000 $71,599,061 $2,661,547 $90,779,959 17.4% 1 1.3x 1
Insight Venture Partners V, L.P. 2005 $32,500,000 $32,500,000 $83,577,773 $90,710,959 21.1% 2.8x
Insight Venture Partners VI, L.P. 2007 $68,000,000 $73,833,084 $141,417,425 $182,023,397 19.4% 2.5x
Khosla Ventures III, L.P. 2009 $200,000,000 $195,000,000 $195,216,040 $267,338,564 6.0% 1.4x
Khosla Ventures Seed, L.P. 2009 $60,000,000 $60,000,000 $12,484,329 $52,238,992 -2.6% 0.9x
KKR 2006 Fund L.P. 2006 $400,000,000 $593,796,762 $721,098,628 $867,495,211 7.7% 1.5x
KKR Asian Fund II L.P. 2013 $500,000,000 $515,847,857 $118,353,471 $688,982,791 18.6% 1 1.3x 1
KKR Asian Fund L.P. 2007 $272,575,591 $353,079,347 $529,255,739 $590,855,197 13.6% 1.7x
KKR European Fund II, L.P. 2005 $200,812,141 $236,130,125 $292,825,590 $294,972,861 3.9% 1.2x
KKR European Fund III, L.P. 2008 $340,104,856 $417,750,978 $418,274,319 $582,621,183 9.7% 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 $368,962,157 16.3% 1.8x
Kline Hawkes Pacific, L.P. 2000 $100,000,000 $100,000,000 $46,954,699 $68,321,419 -4.8% 0.7x
KM Corporate Partners Fund II, LP 2007 $200,000,000 $192,022,811 $169,749,227 $291,743,670 9.1% 1.5x
KPS Special Situations Fund III, LP 2007 $175,000,000 $243,299,420 $330,057,618 $384,305,736 22.3% 1.6x
Lime Rock Partners IV, LP 2006 $43,000,000 $47,614,621 $33,325,967 $133,909,356 15.0% 2.8x
Lime Rock Partners V, L.P. 2008 $85,000,000 $94,181,918 $47,213,687 $95,001,935 0.2% 1.0x
Lindsay Goldberg IV, L.P. 2015 $250,000,000 $57,424,944 $7,055,169 $96,643,680 71.6% 1 1.7x 1
Lion Capital Fund II, L.P. 2007 $216,974,249 $259,917,854 $170,269,476 $202,564,896 -5.2% 0.8x
Madison Dearborn Capital Partners IV, L.P. 2000 $150,000,000 $173,964,778 $302,551,626 $315,105,141 14.1% 1.8x
Madison Dearborn Capital Partners V, L.P. 2006 $300,000,000 $351,454,364 $457,633,037 $518,691,811 7.0% 1.5x
Magnum Capital, L.P. 2007 $135,496,250 $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 $93,493,123 10.9% 1.8x
MHR Institutional Partners III LP 2006 $350,000,000 $371,000,000 $369,563,334 $546,590,916 7.7% 1.5x
New Mountain Partners II, L.P. 2005 $150,000,000 $137,788,835 $264,006,690 $267,119,099 13.7% 1.9x
New Mountain Partners III, L.P. 2007 $400,000,000 $449,906,506 $490,137,778 $820,274,271 13.7% 1.8x
Newbridge Asia IV, L.P. 2005 $180,000,000 $195,554,362 $392,238,244 $408,680,581 16.7% 2.1x
Nogales Investors Fund I , LP 2001 $25,000,000 $33,953,285 $24,056,581 $24,128,190 -8.0% 0.7x
Oak Hill Capital Partners II, L.P. 2004 $75,000,000 $86,676,924 $132,440,603 $137,077,234 9.8% 1.6x
Oak Hill Capital Partners III, L.P. 2007 $300,000,000 $371,935,016 $376,830,878 $572,555,600 10.4% 1.5x
Oaktree Opportunities Fund VIIIb, L.P. 2011 $200,000,000 $200,000,000 $130,142,188 $245,769,313 5.0% 1.2x
Onex Partners IV, L.P. 2014 $300,000,000 $209,949,398 $16,554,330 $218,451,106 2.5% 1 1.0x 1
PAG Asia I LP 2012 $100,000,000 $111,923,150 $88,612,552 $170,978,909 19.9% 1.5x
Palladium Equity Partners III, L.P. 2004 $193,750,000 $252,223,842 $345,180,158 $465,891,317 16.9% 1.8x
Patria Brazilian Private Equity Fund V, L.P. 2015 $150,000,000 $17,658,001 $0 $20,345,175 15.4% 1 1.2x 1
Permira Europe III 2004 $126,989,866 $126,989,866 $218,890,726 $219,436,104 26.6% 1.7x
Permira IV L.P.2 2006 $281,356,293 $349,848,634 $448,268,007 $511,597,792 7.8% 1.5x
Permira V, L.P. 2014 $269,155,813 $250,137,827 $3,098,559 $319,782,354 11.4% 1 1.3x 1
Permira VI L.P. 1 2017 $513,868,707 $77,707,839 $0 $78,509,835 N/M 1 N/M 1
Polish Enterprise Fund V, L.P. 2004 $58,801,537 $69,446,694 $132,633,829 $136,681,342 15.3% 2.0x
Polish Enterprise Fund VI, L.P. 2006 $139,076,755 $160,171,980 $208,292,412 $222,769,375 5.7% 1.4x
Providence Equity Partners V 2005 $125,000,000 $157,825,582 $182,968,971 $193,313,408 3.8% 1.2x
Providence Equity Partners VI L.P. 2007 $320,000,000 $498,863,955 $496,295,700 $639,856,496 6.0% 1.3x
RFG Private Equity Limited Partnership No. 1A, 1B and 1C 2004 $33,956,687 $33,964,880 $42,624,186 $48,184,585 7.7% 1.4x
Rhone Partners III, L.P. 2006 $135,314,667 $145,326,327 $190,872,125 $204,164,862 9.5% 1.4x
Richardson Capital Private Equity Limited Partnership No.2A, 2B and 2C 2006 $42,661,779 $25,047,937 $12,202,602 $13,389,171 -11.5% 0.5x
Riverstone Global Energy and Power Fund V, L.P. 2012 $400,000,000 $415,375,321 $195,919,532 $465,200,364 4.6% 1.1x
Riverstone Global Energy and Power Fund VI, L.P. 2016 $500,000,000 $258,641,233 $2,701,490 $339,804,412 71.1% 1 1.3x 1
Riverstone/Carlyle Global Energy and Power Fund IV, L.P. 2008 $500,000,000 $577,003,255 $429,330,951 $680,033,088 4.9% 1.2x
Riverstone/Carlyle Renewable & Alternative Energy Fund II, L.P. 2008 $300,000,000 $325,189,854 $239,539,561 $390,161,441 4.7% 1.2x
Riverwood Capital Partners (Parallel - A) L.P. 2010 $150,000,000 $167,030,515 $264,210,833 $325,527,389 24.4% 1.9x
Sacramento Private Equity Partners, L.P. 2006 $605,000,000 $521,618,435 $592,760,154 $859,782,687 10.5% 1.6x
SAIF Partners III L.P. 2007 $100,000,000 $125,245,773 $93,282,899 $247,881,651 10.0% 2.0x
SAIF Partners IV L.P. 2010 $120,000,000 $143,456,026 $42,185,365 $207,519,326 9.1% 1.4x
Sankaty Managed Account (CalPERS), L.P. 2014 $500,000,001 $420,005,001 $60,440,000 $465,001,397 7.9% 1 1.1x 1
Silver Lake Partners II, L.P. 2004 $125,000,000 $135,396,994 $218,439,745 $234,736,824 11.0% 1.7x
Silver Lake Partners III, L.P. 2007 $480,000,000 $605,896,841 $898,208,783 $1,117,960,854 18.8% 1.8x
Silver Lake Partners IV, L.P. 2013 $320,000,000 $298,208,229 $112,729,950 $432,354,361 28.4% 1 1.4x 1
Siris Partners III, L.P. 2015 $75,000,000 $43,547,738 $7,789,261 $44,700,684 2.5% 1 1.0x 1
Tailwind Capital Partners (PP), LP 2007 $77,510,000 $93,971,962 $114,429,586 $146,116,551 12.2% 1.6x
Tailwind Capital Partners II, LP 2014 $150,000,000 $123,124,468 $14,738,688 $156,904,621 18.6% 1 1.3x 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 $7,689,696 $1,928,854 $11,896,393 13.7% 1.5x
The Central Valley Fund, LP 2005 $40,000,000 $32,378,952 $41,455,250 $41,481,320 9.1% 1.3x
The Resolute Fund II, L.P. 2008 $200,000,000 $214,601,095 $194,769,933 $305,985,461 8.9% 1.4x
Thomas H. Lee Equity Fund VI, L.P 2006 $240,000,000 $402,180,412 $403,951,942 $551,299,765 7.3% 1.4x
TowerBrook Investors II, L.P. 2005 $200,000,000 $194,733,904 $285,227,801 $316,353,418 10.0% 1.6x
TowerBrook Investors III, L.P. 2008 $300,000,000 $323,640,916 $343,843,837 $423,343,701 9.3% 1.3x
TowerBrook Investors IV (Onshore), L.P. 2013 $380,000,000 $138,295,608 $54,640,722 $212,558,390 36.9% 1 1.5x 1
Towerbrook Structured Opportunities Fund (Onshore), L.P. 2016 $221,786,667 $71,815,626 $12,984,172 $75,086,378 8.1% 1 1.0x 1
TPG Asia V, L.P. 2007 $360,000,000 $350,599,460 $332,243,183 $483,824,731 6.6% 1.4x
TPG Biotechnology Partners II, L.P. 2006 $70,000,000 $71,888,857 $57,838,567 $71,968,732 0.0% 1.0x
TPG Biotechnology Partners III, L.P. 2008 $100,000,000 $97,549,529 $67,492,376 $110,608,051 3.0% 1.1x
TPG Partners IV, L.P. 2003 $200,000,000 $225,811,312 $418,234,392 $438,117,225 15.5% 1.9x
TPG Partners V, L.P. 2006 $600,000,000 $811,329,685 $863,045,338 $1,023,807,687 4.1% 1.3x
TPG Partners VI, L.P. 2008 $825,000,000 $937,390,669 $961,910,556 $1,391,337,437 10.9% 1.5x
TPG STAR, L.P. 2007 $150,000,000 $168,831,204 $193,929,539 $261,063,621 10.7% 1.5x
Trident VI 2014 $250,000,000 $215,691,849 $40,951,823 $266,122,349 15.2% 1 1.2x 1
Triton Fund IV L.P. 2013 $91,320,684 $59,385,926 $17,426,663 $66,592,050 5.7% 1 1.1x 1
VantagePoint CleanTech Partners, L.P. 2006 $25,000,000 $25,000,000 $12,704,911 $21,386,462 -3.4% 0.9x
VantagePoint Venture Partners 2006 (Q), L.P. 2006 $100,000,000 $100,000,000 $7,837,270 $48,078,678 -11.3% 0.5x
Vicente Capital Partners Growth Equity Fund, L.P. 2007 $40,422,297 $39,885,703 $23,805,280 $58,609,369 8.1% 1.5x
W Capital Partners II, L.P. 2007 $141,125,000 $140,615,876 $186,739,612 $199,040,594 10.9% 1.4x
Wellspring Capital Partners V, L.P. 2011 $150,000,000 $163,714,484 $179,660,181 $253,105,886 18.6% 1.5x
Welsh, Carson, Anderson & Stowe X, L.P. 2005 $175,000,000 $171,500,000 $282,990,831 $292,924,993 8.2% 1.7x
Welsh, Carson, Anderson & Stowe XI, L.P. 2009 $125,000,000 $125,000,000 $112,036,982 $202,523,662 13.3% 1.6x
Welsh, Carson, Anderson & Stowe XII, L.P. 2015 $350,000,000 $144,612,168 $4,899,694 $185,362,032 17.6% 1 1.3x 1
WLR Recovery Fund II, L.P. 2002 $50,000,000 $50,000,000 $120,565,266 $121,285,892 78.8% 2.4x
WLR Recovery Fund III, L.P. 2005 $198,000,000 $198,000,000 $128,751,577 $154,201,984 -4.7% 0.8x
WLR Recovery Fund IV, L.P. 2007 $400,000,000 $363,747,718 $449,766,522 $499,205,483 7.9% 1.4x
Yucaipa American Alliance Fund I, L.P. 2002 $200,000,000 $314,764,188 $268,050,907 $340,736,136 2.4% 1.1x
Yucaipa American Alliance Fund II, L.P. 2008 $400,000,000 $557,456,161 $335,052,025 $781,530,519 8.0% 1.4x
Yucaipa Corporate Initiatives Fund I, L.P. 2001 $200,000,000 $288,655,697 $167,303,256 $214,888,420 -5.0% 0.7x
Yucaipa Corporate Initiatives Fund II, L.P. 2008 $93,539,524 $91,320,511 $28,150,439 $83,170,383 -1.7% 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.