Private Equity Relationships Established as at December 31, 2024

All Figures as at December 31, 2024 (except where footnoted)

RelationshipsCurrencyVintage YearDeal CommitmentPaid in Capital (1)
A91 Partners GIFT Fund IIUSD20225036.7
Accel-KKR Capital Partners VUSD2016100111.5
Accel-KKR Capital Partners VIUSD2021110102
Accel-KKR Capital Partners VIIUSD20241100
ADF2 (Feeder)USD202215045.4
Advent Global Technology Fund IUSD202010098
Advent Global Technology Fund IIUSD202210068
Advent International GPE IX-HEUR2019668.7727.3
Advent International GPE X-AEUR2022662.3345.9
Advent International VIIUSD2012640666.9
Advent International VIIIUSD2016725791.3
AEPF II-A (Canada) FeederUSD2016200261.2
AEPF III-A (Canada) FeederUSD2019275284.7
AEPF IV-A (Canada) FeederUSD2021325175
AKKR Strategic CapitalUSD20241000
AlpInvest Partners Co-Investments IIEUR200210095.3
American Industrial Partners Capital Fund VIUSD2016100129.5
American Industrial Partners Capital Fund VIIUSD2019150180.2
American Industrial Partners Capital Fund VIIIUSD202415073.2
Anchor Equity Partners Fund IUSD2013125148.4
Apax Digital(3)USD2018150180.2
Apax IXUSD2017500567.2
Apax XUSD2020500494
Apax XIUSD202440071
Apollo Investment VIUSD2006400511.4
Apollo Investment VIIIUSD2013991.8962
Archer Capital Fund 5, L.P.AUD2011106.3109
Ardian Expansion Syclef Continuation FundEUR20245025
Ares Corp Opportunities Fund IIIUSD2008300367.9
Ares Corp Opportunities Fund IVUSD2012450507.4
Ares Corp Opportunities Fund VUSD2017450490.5
Avista Healthcare Partners (Offshore) VIUSD202210073.5
AXA IM Prime Genesis PE Secondaries Fund, SCSpEUR2024167.266.5
Bain Capital Asia Fund IIIUSD2016270310.5
Bain Capital Asia Fund IVUSD2020275272.5
Bain Capital Asia Fund VUSD202330091.8
Bain Capital Europe Fund VIEUR202310021.3
Bain Capital Europe IVEUR2015175215.4
Bain Capital Europe VEUR2018175176.1
Bain Capital Fund XII(3)USD2017250301.9
Bain Capital Japan Middle Market FundJPY202260003668
Baring Asia Private Equity Fund VUSD2011100166
Baring Asia Private Equity Fund VIUSD2015335425
Baring Asia Private Equity Fund VIIUSD2019500522
Baring Asia Private Equity Fund VIIIUSD2023600461.6
BC European Capital XEUR2017375370.4
BC Partners XIEUR202110079.1
BCP Asia II FeederUSD202212537.7
BGH Capital Offshore IAUD2019200188.2
BGH Capital Offshore IIAUD202433045.6
Birch Hill Equity Partners IV(3)CAD20108581
Blackstone Capital Partners IVUSD2003185211.6
Blackstone Capital Partners IXUSD202410000
Blackstone Capital Partners V(3)USD2006413.5412.3
Blackstone Capital Partners VIUSD2011500502.8
Blackstone Capital Partners VIIUSD2016720668.6
Blackstone Capital Partners VIIIUSD20211100825.1
Blackstone Core Equity PartnersUSD20171000968.5
Blackstone Core Equity Partners IIUSD20211000452.2
BPEA EQT Mid-market Growth PartnershipUSD202210017
BPEA Private Equity Fund IX, SCSpUSD20257000
Carlyle Asia Partners VUSD2018375402.5
Carlyle Asia Partners VIUSD20254000
Carlyle Europe Partners IVEUR2015175191.2
Carlyle Europe Partners VEUR2018300289.6
Carlyle Partners VIIUSD2018500527.1
Carlyle Partners VIIIUSD2022350205.8
CCMP Capital Partners IIIUSD2014300291.5
CDH Fund IV, LPUSD2010150167.4
CDH Fund V, LPUSD2013200227
Charterhouse Capital Partners IXEUR2009200199.9
Charterhouse Capital Partners X(3)EUR2016228.7188.4
CHH Maple Fund (PEA)USD20207575
CITIC Capital China Partners IIUSD2010175168.2
CITIC Capital China Partners IIIUSD2016175199.2
CITIC Capital China Partners IVUSD2018274250
Clayton, Dubilier & Rice Fund XI(3)USD2021353.7297.1
Clayton, Dubilier & Rice Fund XIIUSD2023400115.1
Clayton, Dubilier & Rice XUSD2017225261.7
Clearlake Capital Partners VIUSD2020140146
Clearlake Capital Partners VIIUSD2022200132.9
Clearlake Capital Partners VIII (Offshore)USD202420010
Constellation Generation V FundUSD2024500
CVC Capital Partners Asia Pacific IVUSD2014260261.4
CVC Capital Partners Asia VUSD2020275272
CVC Capital Partners Asia VIUSD202440059.7
CVC Capital Partners Growth Investors(3)USD2015375379.4
CVC Capital Partners IXEUR202450079
CVC Capital Partners Strategic Opp IIEUR2020250217.7
CVC Capital Partners VIIEUR2018650627.2
CVC Capital Partners VIII (A)EUR2021500478
CVC European Equity Partners IVEUR2005200190.8
CVC European Equity Partners VEUR2008350384.2
CVC European Equity Partners VIEUR2014650770.9
CVC Growth Partners II(3)USD2020300251.2
CVC Growth Partners IIIUSD20251500
CVC Growth Partners III (Co-Invest), SCSpUSD2025500
DCP Capital Partners Fund IIUSD202215056.2
DST Global VUSD2015225227.7
DST Global V Co-InvestmentUSD201610054.3
Eighth Cinven Fund (No.1)EUR202430018.6
EQT Growth (No.1)EUR202110065
EQT IXEUR2020250275.9
EQT VIIIEUR2018200222.6
EQT XEUR202240076.7
Federated Hermes GPE Horizon III ParallelUSD20235027.7
Ford Financial Fund IIUSD2015188188
FountainVest Capital Partners Fund IVUSD2021400175.8
FountainVest China Capital Partners Fund IIICNY201723002553.3
FountainVest China Growth Capital Fund IICNY201318002203.5
FountainVest China Growth FundCNY200815001658.5
GA Continuity Fund IUSD2021330.1295.7
General Atlantic Investment Partners 2022USD202310033.1
Genstar Capital Partners IX(3)USD2019290282.2
Genstar Capital Partners VIII(3)USD2017275288.7
Genstar Capital Partners X(3)USD2021300284.7
Genstar Capital Partners XI(3)USD202330036
GTCR Evergreen Fund I/CUSD20235044.4
GTCR Fund XIII/CUSD2021150124.4
GTCR Fund XIV/CUSD202415015.7
Heartland Industrial Partners(3)USD2001150145.8
Hellman & Friedman Capital Partners XI (Parallel)USD20251500
Hellman & Friedman Fund XUSD2021400342.9
Hellman & Friedman IXUSD2019500543.7
Hellman & Friedman VIUSD2007400399.5
Hellman & Friedman VII(3)USD2011600577.1
Hellman & Friedman VIIIUSD2016650671.9
Hermes GPE Innovation FundGBP202126.421.1
Hermes GPE PEC VUSD20215042.6
Hermes GPE Secondaries Opportunities IUSD202315083.1
Hg Saturn 2 BUSD2020260243.8
Hg Saturn 3 BUSD2022260141
Hillhouse Focused Growth Fund VUSD2020160127.3
Hillhouse Fund IIUSD2014200280.9
Hillhouse Fund IIIUSD2016300403.9
Hillhouse Fund IVUSD2018300402.9
Hillhouse Fund VUSD202012581
Hillhouse Venture Fund VUSD20206567.5
Hillhouse Venture Fund VI FeederUSD202210030.2
HongShan Capital Expansion Fund IUSD202411712.9
HongShan Capital Growth Fund VUSD201843.362.5
HongShan Capital Growth Fund VIUSD202083.899.7
HongShan Capital Growth Fund VII USD202311722.9
HongShan Capital Venture Fund IXUSD2022236.6
HongShan Capital Venture Fund VIIIUSD202043.8
Hony Capital Fund 2008USD20087590.9
Hony Capital Fund VUSD2012200349.5
Hopu USD Master Fund IIUSD2014150165.4
Insight Partners (Cayman) XIUSD2020250266.6
Insight Partners (Cayman) XIIUSD2021250217.3
Insight Partners (Cayman) XII Buyout Annex FundUSD20215045.3
Insight Partners (Cayman) XIIIUSD20242105.3
Insight Partners (Cayman) XIII Growth Buyout FundUSD2024402.7
Insight Partners X (Co-Investors) Follow-onUSD20215045
Insight Venture Partners XUSD2018200240.4
Kainos Capital Partners II(3)USD2017137.5139.3
Kainos Capital Partners IIIUSD202210046.4
Kedaara Capital Fund IIIUSD20217571.5
Kedaara Capital Growth Fund IVUSD20241008
KKR 2006(3)USD2006475490.9
KKR Americas XIIUSD2017272215.4
KKR Asian FundUSD2007346.9366.5
KKR Asian Fund IIUSD2013400479.2
KKR Asian Fund IIIUSD2017350316.4
KKR Health Care Strategic GrowthUSD20188888.7
KKR NA XIUSD2012275310.1
Kohlberg TE Investors XUSD20235010.2
L Catterton IXUSD202010095.7
LAV Fund VIUSD20215239.2
LAV Fund VI OpportunitiesUSD20212617.9
Lexington Capital Fund VUSD20027574.6
Linden Capital Partners VIUSD20252000
Lion Capital Fund IIIEUR2010200255.5
Lion Capital Fund IVUSD2017250282
MatlinPatterson Global Opportunities Fund III(3)USD2007250299.2
MBK Partners Fund IIIUSD2013300302.8
MBK Partners Fund IVUSD2017450449.8
MBK Partners Fund VUSD2021500439.2
MBK Partners Fund VIUSD202417529.2
Montagu VII (A)EUR20251000
Motive Capital Fund II-BUSD202010089.5
Multiples Private Equity Fund IIIUSD2021160.4176.8
Multiples Private Equity GIFT Fund IVUSD202316033.9
New Mountain Partners III(3)USD200708
New Mountain Partners IV(3)USD2013329.4291.2
New Mountain Partners VUSD2017300267.3
New Mountain Partners VI(3)USD2021193168.8
New Mountain Partners VIIUSD202420022.4
Nordic Capital Fund IXEUR2018150166.5
Oak Hill Capital Partners V (Offshore 892)USD2019225222
Oak Hill Capital Partners VI (TE 892)USD202215098.9
Oak Hill Digital Opportunity Partners (TE 892)USD202414.35.2
Onex PartnersUSD2003150145.7
Onex Partners IVUSD2014385417.5
Onex Partners VUSD2018365.5316.9
PAG Asia IIUSD2016275271.7
PAG Asia IIIUSD2019380386.5
PAG Asia IVUSD2022400204.1
Pantheon Impulse AggregatorUSD20228053.5
Peak XV Partners Growth Fund IIIUSD202013.814
Peak XV Partners Growth Fund IVUSD202231.810.4
Peak XV Partners SEA Fund IUSD202213.15.8
Peak XV Partners Venture VII USD20205.74.9
Peak XV Partners VIIIUSD202218.56.7
Permira Growth Opportunities IIUSD20227527.8
Permira IVEUR2006150163
Permira VEUR2014350368.4
Permira VIEUR2017400393.6
Permira VIIEUR2019375371.2
Permira VIII - 1EUR2023325128.9
Plenty CI Fund IUSD20156050.6
Plenty Private Equity Fund IUSD2015140175
Project CreekUSD202210050.2
Providence Equity Partners VIII-AUSD2018220287
Riverwood Capital Partners IIUSD2014150183.9
Riverwood Capital Partners IIIUSD2019150154.2
Riverwood Capital Partners IV (Parallel - A)USD202315036
Riverwood Capital Partners LatamUSD20192522.6
Riverwood Capital Partners Latam IIUSD2024252
Searchlight Capital III PVUSD2020200138.8
Sequoia Capital GGF III - China Annex FundUSD20205959.2
Sequoia Capital GGF III - Endurance PartnersUSD2018232.3264.3
Sequoia Capital GGF III - US/India Annex FundUSD20205956.2
Silver Lake Partners III(3)USD2007500533.3
Silver Lake Partners IVUSD2013750882.4
Silver Lake Partners VUSD2018750724
Silver Lake Partners VIUSD2020750731.3
Silver Lake Partners VIIUSD2024500105.8
Silver Lake Waterman Fund IIIUSD20195048.3
Siris Partners IIIUSD2015150192.6
Siris Partners IVUSD2019250285
SL SPV-4 – A (3)USD202400
StepStone VC Secondaries Fund VIUSD20247523.3
Sterling Group Partners IVUSD2016200204.9
Summa Equity Fund III (No.2)EUR20225030
TA XIV-BUSD2021100102.1
TA XV-BUSD20241500
TBP-CPP Fund VII Co-InvestmentUSD20242000.2
TDR Capital Fund IVEUR201812570.6
TDR Capital VEUR202420047.4
The Fifth Cinven FundEUR2012350437
The Fourth Cinven FundEUR2006250256.1
The Seventh Cinven FundEUR2020320352
The Sixth Cinven FundEUR2017250238.4
The Veritas Capital Fund VUSD2015100103
The Veritas Capital Fund VIUSD2017200215.3
The Veritas Capital Fund VIIUSD2020250192.4
Thoma Bravo Discover Fund IIUSD2018100131.1
Thoma Bravo Fund XIII-AUSD2019400468.5
Thoma Bravo Fund XV-AUSD2022400305.8
Thoma Bravo Fund XVI-AUSD20256000
Thoma Bravo Oasis Fund AUSD202270.366.7
Thoma Bravo SOF IIUSD20157577.6
Thoma Bravo XIUSD2014150159.5
Thoma Bravo XIIUSD2016400432
Thoma Bravo XIV-AUSD2021400471.1
Tiara CG Private Equity Fund(3)JPY20201380012811.6
Tiara CG Private Equity Fund 2024JPY2025115000
TPG Asia VUSD2007350333.9
TPG Asia VIUSD2014200237
TPG Healthcare PartnersUSD20199089.8
TPG Healthcare Partners IIUSD20236021
TPG Partners IVUSD2003100108.5
TPG Partners IXUSD2023240124.4
TPG Partners VIIUSD2015400411.7
TPG Partners VIIIUSD2019410281.2
TPG Tech AdjacenciesUSD2018150156
Trident IX Parallel FundUSD2022200133.4
Trident VUSD2010225311
Trident VIUSD2014425503.7
Trident VIIUSD2017275342.8
Trident VIIIUSD2020250245.4
True North VUSD20157584
True North VIUSD2019125139.2
Trustar Capital Partners VUSD20241002.7
Trustbridge Partners VUSD2015150184
Trustbridge Partners VIUSD2017225253
Trustbridge Partners VIIUSD2020300255.2
Vista Equity Partners Fund VUSD2014400504.8
Vista Equity Partners Fund VIUSD2016750946
Vista Equity Partners Fund VII-AUSD2019500493.9
Warburg Pincus ChinaUSD2016100128.3
Warburg Pincus China-Southeast Asia IIUSD2019200127.5
West Street Global Growth PartnersUSD20213525.4
WestCap Strategic Operating Fund IIUSD20224036.4
Notes:
(1) Paid in Capital is net capital called and includes management fees and organizational expenses.
(2) Due to the J-Curve effect, in early years, reported value plus distributions will often be less than the paid in capital.
(3) Includes co-investment pool.