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T•••• B••••
••• Locked
- Regulatory AUM
- $183B
- PE fund assets
- $177B
- PE funds
- 146
- Investments held
- 10 of 12
- Deals, last 12 months
- 3
What matters now
- $1.87Bto Fund XVI
Raising Fund XVI: $1.87B disclosed by 8 public plans; D••••••• Fund V: $540M from 5 plans; E••••• Fund $114M. Early net IRR -2.2% to -3.3%, as the plans report it.
Commitments are still being disclosed, so the fund is in market: an LP can still get in and a placement agent knows who has already said yes.
Fact8 pension plans' own reports, latest 30 Jun 2026For LPs, placement agents, co-investorsSee the LPs → - 3 deals1 exit, 180 days
3 deals since 4 Aug 2026: bought T•••• (growth investment, 8 Sep) and K•••• (platform, 11 Aug); sold C•••••• A•••• (4 Aug).
Buying and selling in the same season: capital is being put to work and returned, which is when bankers and co-investors get calls.
- 13 fundsbacked by one plan
C••••••••• S•••• T•••••••• R••••••••• S••••• has backed 13 of its funds since 2012, $2.09B disclosed, and re-upped $250M into Fund XVI (reported 30 Jun 2025).
A plan that keeps re-upping is the reference an allocator calls first, and its peers tend to follow it in.
- +34funds on Form ADV
Private equity funds on its Form ADV went from 112 to 146 (+34).
New vehicles are a new flagship's feeders, parallels and co-invest sleeves being stood up: capacity arriving before the capital is announced.
How this organization is classified, and on what basisBuyout firm · 2 in historyShowHide
- Class
- Buyout firmconfirmed, confidence 85%
- Basis
- 156 of 161 distinct vehicles are sworn Private Equity Funds; 120 reported gross assets on a filing in 2022 or later
- Size band
- Large capdefined by: proxy: $177.40bn Private Equity Fund GAV on the Form ADV filed 2026-03-31
- Strategies
- Growth equity
Classification history (2)
- Sep 23, 2026Buyout firm (confirmed, 85%)156 of 161 distinct vehicles are sworn Private Equity Funds; 120 reported gross assets on a filing in 2022 or later
- Sep 13, 2026Buyout firm (confirmed, 85%)115 of 118 distinct vehicles are sworn Private Equity Funds; 94 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)RAUM $183B · 146 PE funds · filed Mar 31, 2026ShowHide
- Adviser type
- Registered investment adviser
- Form ADV filings
- Feb 14, 2012 to Mar 31, 2026
- RAUM
- $183Bregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 146
- PE fund GAV, latest filing
- $177Breported gross assets (Form ADV), not fund size
- All private fund GAV
- $183Bevery private fund type, latest filing
- 2024 PE fund GAV
- $178Bsum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 97%
- Fund type mix
- Private equity fund: 146 funds, $177B reported gross assets, 156 ever reported
- Hedge fund: 5 funds, $5.5B reported gross assets
- Employees
- 224
- Headquarters
- Chicago, IL
- Office address
- ••• Locked
- Business phone
- ••• Locked
Stated criteria beside observed behaviour4 of 8 criteria stated · 15 observed dealsShowHide
- Sectors
- Software, environmental services
- Geography
- United Kingdom
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- Control
- Thesis
- ••• Locked
- On record
- 15 companies, 12 holdings, 13 transactions
- Period
- 2020 to 2026 (23 dated observations, 2 holdings undated)
- Most deals
- Software (8 of 15, e.g. SchoolPass, Inc. and Hyland Software), tech enabled services (1 of 15)
- Subsectors
- Software (3 of 15), vertical software (3 of 15), K12 education software (1 of 15), healthcare software (1 of 15) and 1 more
- Deal roles
- 6 platforms, 1 add-on, 5 with role not stated
- Add-ons per platform
- 0.17 add-ons per platform
- Control
- 5 control, 7 not stated
- Disclosed deal values
- 4 deals with a disclosed value, $2.0B to $2.8B
- By year
- 2020: 1 other deal; 2021: 3 other deals; 2022: 1 platform, 1 other deal; 2023: 1 add-on, 1 other deal; 2025: 1 platform, 2 other deals; 2026: 1 platform, 1 other deal
- Repeat counterparties
- J•• M••••••••• L••• (co-investor) on 2 deals and K••••••• • E•••• L•• (legal adviser) on 2 deals
15 companies on the graph (13 transactions); most in software (8); 6 platforms and 1 add-on; observed 2020 to 2026
T•••• B•••• F••• X••• L••• · 9 vehicles · vintage 2024$25B
- T•••• B•••• F••• X••••• L••• Feeder or parallel · 2024$14B
- T•••• B•••• F••• X••• L••• buyout or unlabelled$6.4B
- T•••• B•••• F••• X••••• S••• Feeder or parallel$2.1B
- T•••• B•••• F••• X•••• G•••••• L••• Feeder or parallel$1.5B
- T•••• B•••• F••• X•• G•••••• L••• buyout or unlabelled$694M
- T•••• B•••• E•••••••• F••• X••• L••• Feeder or parallel$68.3M
- T•••• B•••• E•••••••• F••• X•• G•••••• L••• Feeder or parallel$7.4M
- T•••• B•••• E•••••••• F••• X••••• L••• Feeder or parallel$0
- T•••• B•••• F••• X••••• L••• buyout or unlabelled$0
T•••• B•••• D••••••• F••• V• L••• · 6 vehicles · vintage 2024$8.4B
- T•••• B•••• D••••••• F••• V• L••• buyout or unlabelled$4.5B
- T•••• B•••• D••••••• F••• V••• L••• Feeder or parallel$3.2B
- T•••• B•••• D••••••• F••• V••• S••• Feeder or parallel$641M
- T•••• B•••• D••••••• E•••••••• F••• V• L••• Feeder or parallel$43.3M
- T•••• B•••• D••••••• E•••••••• F••• V••• L••• Feeder or parallel$0
- T•••• B•••• D••••••• F••• V••• L••• buyout or unlabelled$0
T•••• B•••• E••••• F•••• L••• · 1 vehicle · vintage 2023$2.2B
- T•••• B•••• E••••• F•••• L••• buyout or unlabelled · 2023$2.2B
T•••• B•••• D••••••• F••• I•• L••• · 9 vehicles · vintage 2022$8.7B
- T•••• B•••• D••••••• F••• I•• L••• buyout or unlabelled · 2022$5.0B
- T•••• B•••• D••••••• F••• I•••• L••• Feeder or parallel · 2022$3.3B
- T•••• B•••• D••••••• F••• I• G•••••• L••• buyout or unlabelled · 2023$219M
- T•••• B•••• D••••••• F••• I••• G•••••• L••• Feeder or parallel · 2023$144M
- T•••• B•••• D••••••• E•••••••• F••• I•• L••• Feeder or parallel · 2023$85.1M
- T•••• B•••• D••••••• E•••••••• F••• I• G•••••• L••• Feeder or parallel · 2023$3.8M
- T•••• B•••• D••••••• F••• I••• G••••• F•••••• L••• Feeder or parallel · 2024$0
- T•••• B•••• D••••••• E•••••••• F••• I•••• L••• Feeder or parallel · 2023$0
- T•••• B•••• D••••••• F••• I•••• L••• buyout or unlabelled · 2022$0
T•••• B•••• E•••••• F••• I•• L••• · 8 vehicles · vintage 2022$2.0B
- T•••• B•••• E•••••• F••• I•• L••• buyout or unlabelled · 2022$1.3B
- T•••• B•••• E•••••• F••• I•••• L••• Feeder or parallel · 2022$667M
- T•••• B•••• E•••••• E•••••••• F••• I•• L••• Feeder or parallel · 2023$31.8M
- T•••• B•••• E•••••• F••• I•••• L••• buyout or unlabelled · 2022$0
- T•••• B•••• E•••••• E•••••••• F••• I•••• L••• Feeder or parallel$0
- T•••• B•••• E•••••• F••• I••• G•••••• L••• Feeder or parallel$0
- T•••• B•••• E•••••• F••• I• G•••••• L••• buyout or unlabelled$0
- T•••• B•••• E•••••• E•••••••• F••• I• G•••••• L••• Feeder or parallel$0
Co-investment vehicles · 25 vehicles · vintage 2022$30B
- P••••••••• C•••••••• F•••• L••• Co-investment vehicle · 2022$8.3B
- P•••••• A••••• C•••••••• F•••• L••• Co-investment vehicle · 2023$4.9B
- P•••••• C• C•••••••• F•••• L••• Co-investment vehicle · 2024$4.5B
- P•••••• H•••• C••••••••• C•••••••• F•••• L••• Co-investment vehicle · 2023$3.1B
- P•••••• R••• C•••••••• F•••• L••• Co-investment vehicle · 2024$2.1B
- P•••••• S••••• C•••••••• F•••• L••• Co-investment vehicle$1.8B
- P•••••• S••••• C•••••••• F•••• L••• Co-investment vehicle · 2022$1.8B
- P•••••• J•••••• C•••••••• F•••• L••• Co-investment vehicle$1.3B
- P•••••• M•••••• C•••••••• F•••• L••• Co-investment vehicle · 2022$772M
- P•••••• M•••• C•••••••• F•••• L••• Co-investment vehicle · 2022$419M
- T• C•••••••• O••••••••• ••••••••• I•• L••• Co-investment vehicle$301M
- P•••••• P•••••••• C•••••••• F•••• L••• Co-investment vehicle$176M
- T•••• B•••• C•••••••• O••••••••• X•••• L••• Co-investment vehicle · 2023$164M
- T• C•••••••• O••••••••• ••••••••• L••• Co-investment vehicle$145M
- T• C•••••••• O••••••••• •••• J•••• L••• Co-investment vehicle$121M
- P•••••• P•••••• C•••••••• F•••• L••• Co-investment vehicle · 2024$110M
- T• C•••••••• O••••••••• ••••••••• L••• Co-investment vehicle$100M
- T•••• B•••• C•••••••• O••••••••• X•••• L••• Co-investment vehicle · 2023$71.7M
- T•••• B•••• C•••••••• O••••••••• X•••• L••• Co-investment vehicle · 2024$66.1M
- T• C•••••••• O••••••••• ••••••• L••• Co-investment vehicle$50.0M
- T• C•••••••• O••••••••• •••••• L••• Co-investment vehicle$50.0M
- T• C•••••••• O••••••••• ••••••••• L••• Co-investment vehicle$49.9M
- T• C•••••••• O••••••••• •••••••• L••• Co-investment vehicle$35.2M
- T• C•••••••• O••••••••• ••••••••• L••• Co-investment vehicle$30.0M
- T• C•••••••• O••••••••• ••••••• I•• L••• Co-investment vehicle$0
21 smaller families are in the full list of vehicles.
View all 162 vehiclesnewest vintage first, then largest
| Fund | Vehicle | Vintage | Reported gross assets (Form ADV), not fund size | GAV by year | Form D sold | Lifecycle |
|---|---|---|---|---|---|---|
| T•••• B•••• F••• X••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2024 Form D first sale | $14B as of Mar 31, 2026 | $24B | Unknown | |
| P•••••• C• C•••••••• F•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2024 first reported on Form ADV | $4.5B as of Mar 31, 2026 | $0 | Early deployment | |
| P•••••• R••• C•••••••• F•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2024 first reported on Form ADV | $2.1B as of Mar 31, 2026 | $0 | Early deployment | |
| P•••••• P•••••• C•••••••• F•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2024 first reported on Form ADV | $110M as of Mar 31, 2026 | $0 | Unknown | |
| T•••• B•••• C•••••••• O••••••••• X•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2024 first reported on Form ADV | $66.1M as of Mar 31, 2026 | $0 | Early deployment | |
| T•••• B•••• D••••••• F••• I••• G••••• F•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2024 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Unknown | |
| P•••••• A••••• C•••••••• F•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2023 first reported on Form ADV | $4.9B as of Mar 31, 2026 | $0 | Active deployment | |
| P•••••• H•••• C••••••••• C•••••••• F•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2023 first reported on Form ADV | $3.1B as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• E••••• F•••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2023 Form D first sale | $2.2B as of Mar 31, 2026 | $1.5B | Unknown | |
| P•••••• Q•••• O••••••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2023 first reported on Form ADV | $1.2B as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• O•••• F••• a• L••• ADV: Private Equity Fund | buyout or unlabelled | 2023 first reported on Form ADV | $375M as of Mar 31, 2026 | $0 | Unknown | |
| T•••• B•••• D••••••• F••• I• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2023 first reported on Form ADV | $219M as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• C•••••••• O••••••••• X•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2023 first reported on Form ADV | $164M as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• D••••••• F••• I••• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2023 first reported on Form ADV | $144M as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• E•••••••• F••• X•• L••• ADV: Private Equity Fund | Feeder or parallel | 2023 first reported on Form ADV | $104M as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• O•••• F•••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2023 first reported on Form ADV | $103M as of Mar 31, 2026 | $0 | Unknown | |
| T•••• B•••• D••••••• E•••••••• F••• I•• L••• ADV: Private Equity Fund | Feeder or parallel | 2023 first reported on Form ADV | $85.1M as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• C•••••••• O••••••••• X•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2023 first reported on Form ADV | $71.7M as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• E•••••• E•••••••• F••• I•• L••• ADV: Private Equity Fund | Feeder or parallel | 2023 first reported on Form ADV | $31.8M as of Mar 31, 2026 | $0 | Unknown | |
| T•••• B•••• D••••••• E•••••••• F••• I• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2023 first reported on Form ADV | $3.8M as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• A••••• F••• a• L••• ADV: Private Equity Fund | Fund of funds | 2023 first reported on Form ADV | $1.8M as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• A••••• F•••• L••• ADV: Private Equity Fund | Fund of funds | 2023 first reported on Form ADV | $700,000 as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• D••••••• E•••••••• F••• I•••• L••• ADV: Private Equity Fund | Feeder or parallel | 2023 first reported on Form ADV | $0 as of Mar 31, 2026 | $0 | Unknown | |
| T•••• B•••• E•••••••• F••• X•••• L••• ADV: Private Equity Fund | Feeder or parallel | 2023 first reported on Form ADV | $0 as of Mar 31, 2026 | $0 | Unknown | |
| T•••• B•••• F••• X•••• G••••• F•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2023 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• O•••• F••• P• L••• ADV: Private Equity Fund | buyout or unlabelled | 2023 first reported on Form ADV | $0 as of Mar 31, 2026 | $0 | Unknown | |
| P••••••••• C•••••••• F•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2022 first reported on Form ADV | $8.3B as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• D••••••• F••• I•• L••• ADV: Private Equity Fund | buyout or unlabelled | 2022 Form D first sale | $5.0B as of Mar 31, 2026 | $4.5B | Active deployment | |
| T•••• B•••• D••••••• F••• I•••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 Form D first sale | $3.3B as of Mar 31, 2026 | $4.5B | Active deployment | |
| T•••• B•••• F••• X•••• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 first reported on Form ADV | $2.4B as of Mar 31, 2026 | no Form D | Active deployment | |
| P•••••• S••••• C•••••••• F•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2022 first reported on Form ADV | $1.8B as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• F••• X•• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2022 first reported on Form ADV | $1.7B as of Mar 31, 2026 | no Form D | Active deployment | |
| T•••• B•••• E•••••• F••• I•• L••• ADV: Private Equity Fund | buyout or unlabelled | 2022 Form D first sale | $1.3B as of Mar 31, 2026 | $1.5B | Unknown | |
| P•••••• M•••••• C•••••••• F•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2022 first reported on Form ADV | $772M as of Mar 31, 2026 | $0 | Mature | |
| T•••• B•••• E•••••• F••• I•••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 Form D first sale | $667M as of Mar 31, 2026 | $1.5B | Unknown | |
| P•••••• M•••• C•••••••• F•••• L••• ADV: Private Equity Fund | Co-investment vehicle | 2022 first reported on Form ADV | $419M as of Mar 31, 2026 | $0 | Harvest | |
| T•••• B•••• D••••••• F••• I•• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2022 first reported on Form ADV | $224M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• D••••••• F••• I•••• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 first reported on Form ADV | $122M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• E•••••••• F••• X•••• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 first reported on Form ADV | $22.0M as of Mar 31, 2026 | no Form D | Active deployment | |
| T•••• B•••• E•••••• F••• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2022 first reported on Form ADV | $19.4M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• E•••••••• F••• X•• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 first reported on Form ADV | $19.1M as of Mar 31, 2026 | no Form D | Active deployment | |
| T•••• B•••• E•••••• F••• a• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2022 first reported on Form ADV | $10.2M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• D••••••• E•••••••• F••• I•• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 first reported on Form ADV | $5.4M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• D••••••• I••• P••••••• A••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• D••••••• F••• I•••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2022 Form D first sale | $0 as of Mar 31, 2026 | $4.5B | Unknown | |
| T•••• B•••• D••••••• E•••••••• I• P••••••• A••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• D••••••• I• P••••••• A••• L••• ADV: Private Equity Fund | Feeder or parallel | 2022 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• E•••••• F••• I•••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2022 Form D first sale | $0 as of Mar 31, 2026 | $1.5B | Unknown | |
| T•••• B•••• C••••• F••• I•• F••••• B• L••• | Credit fund | 2022 Form D first sale | unknown | no reporting | $497M | Unknown |
| T•••• B•••• C••••• F••• I•• F•••••• L••• | Credit fund | 2022 Form D first sale | unknown | no reporting | $497M | Unknown |
| T•••• B•••• C••••• F••• I•• F••••• A• L••• | Credit fund | 2022 Form D first sale | unknown | no reporting | $497M | Unknown |
| T•••• B•••• F••• X•••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 Form D first sale | $19B as of Mar 31, 2026 | $20B | Active deployment | |
| T•••• B•••• F••• X•• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 Form D first sale | $11B as of Mar 31, 2026 | $20B | Active deployment | |
| T•••• B•••• F••• X••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $10B as of Mar 31, 2026 | no Form D | Mature | |
| T•••• B•••• F••• X••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 first reported on Form ADV | $7.5B as of Mar 31, 2026 | no Form D | Mature | |
| T•••• B•••• D••••••• F••• I••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 first reported on Form ADV | $2.7B as of Mar 31, 2026 | no Form D | Active deployment | |
| T•••• B•••• D••••••• F••• I••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $2.1B as of Mar 31, 2026 | no Form D | Active deployment | |
| T•••• B•••• F••• X••••• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $1.7B as of Mar 31, 2026 | no Form D | Mature | |
| T•••• B•••• E•••••• F•••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 first reported on Form ADV | $1.5B as of Mar 31, 2026 | no Form D | Active deployment | |
| T•••• B•••• F••• X••• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 first reported on Form ADV | $1.5B as of Mar 31, 2026 | no Form D | Mature | |
| T•••• B•••• D••••••• F••• I••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 first reported on Form ADV | $1.2B as of Mar 31, 2026 | no Form D | Active deployment | |
| T•••• B•••• G••••• F••• a• L••• ADV: Private Equity Fund | Growth fund | 2021 Form D first sale | $979M as of Mar 31, 2026 | $1.5B | Harvest | |
| T•••• B•••• E•••••• F••• a• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 first reported on Form ADV | $938M as of Mar 31, 2026 | no Form D | Active deployment | |
| T•••• B•••• G••••• F•••• L••• ADV: Private Equity Fund | Growth fund | 2021 Form D first sale | $490M as of Mar 31, 2026 | $1.5B | Mature | |
| T•••• B•••• E•••••• F••• P• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 first reported on Form ADV | $259M as of Mar 31, 2026 | no Form D | Active deployment | |
| T•••• B•••• E•••••••• F••• X••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $94.7M as of Mar 31, 2026 | $0 | Mature | |
| T•••• B•••• E•••••••• F••• X••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $82.2M as of Mar 31, 2026 | $0 | Mature | |
| T•••• B•••• D••••••• E•••••••• F••• I••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $64.0M as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• D••••••• E•••••••• F••• I••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $29.9M as of Mar 31, 2026 | $0 | Active deployment | |
| T•••• B•••• E•••••••• F••• X••• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $28.9M as of Mar 31, 2026 | no Form D | Mature | |
| T•••• B•••• D••••••• F••• I• A••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $4.9M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• D••••••• E•••••••• F••• I• A••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $200,000 as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• F••• X•••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 Form D first sale | $0 as of Mar 31, 2026 | $20B | Unknown | |
| T•••• B•••• G••••• F••• P• L••• ADV: Private Equity Fund | Growth fund | 2021 Form D first sale | $0 as of Mar 31, 2026 | $1.5B | Unknown | |
| T•••• B•••• E•••••••• F••• X••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $0 as of Mar 31, 2026 | $0 | Unknown | |
| T•••• B•••• E•••••••• F••• X••••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $0 as of Mar 31, 2026 | $0 | Unknown | |
| T•••• B•••• F••• X••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2021 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Unknown | |
| P•••••• R•••• A••••••••• I• L••• ADV: Private Equity Fund | buyout or unlabelled | 2020 first reported on Form ADV | $2.9M as of Jan 31, 2024 | no Form D | Wound down | |
| T•••• B•••• F••• X•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $7.3B as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• F••• X•••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2019 first reported on Form ADV | $6.4B as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• D••••••• F••• I• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2019 first reported on Form ADV | $846M as of Mar 31, 2026 | no Form D | Mature | |
| T•••• B•••• D••••••• F••• I••• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $359M as of Mar 31, 2026 | no Form D | Mature | |
| T•••• B•••• D••••••• F••• A••• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $127M as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• E•••••••• F••• X•••• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $122M as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• D••••••• F••• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2019 first reported on Form ADV | $69.8M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• D••••••• E•••••••• F••• I•• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $37.6M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• D••••••• E•••••••• F••• I• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $18.7M as of Mar 31, 2026 | no Form D | Mature | |
| T•••• B•••• D••••••• F••• a• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2019 first reported on Form ADV | $14.3M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• E•••••••• F••• X•• A••• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• E•••••••• F••• X•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• E•••••••• F••• X•••• A••• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• F••• X•• A••• L••• ADV: Private Equity Fund | Feeder or parallel | 2019 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• F••• X•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2019 first reported on Form ADV | $0 as of Mar 31, 2026 | no Form D | Unknown | |
| T•••• B•••• D••••••• F••• I•• L••• ADV: Private Equity Fund | buyout or unlabelled | 2018 first reported on Form ADV | $1.7B as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• D••••••• F••• I•••• L••• ADV: Private Equity Fund | Feeder or parallel | 2018 first reported on Form ADV | $724M as of Mar 31, 2026 | no Form D | Harvest | |
| T•••• B•••• S•••••• O••••••••• F••• I••• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2018 first reported on Form ADV | $0 as of Nov 25, 2024 | no Form D | Unknown | |
| T•••• B•••• F••• X• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2018 first reported on Form ADV | $0 as of Nov 25, 2024 | no Form D | Unknown | |
| T•••• B•••• E•••••••• F••• X• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2018 first reported on Form ADV | $0 as of Nov 25, 2024 | no Form D | Unknown | |
| T•••• B•••• S•••••• O••••••••• F••• I• G•••••• L••• ADV: Private Equity Fund | buyout or unlabelled | 2018 first reported on Form ADV | $0 as of Nov 25, 2024 | no Form D | Unknown | |
| T•••• B•••• F••• X••• G•••••• L••• ADV: Private Equity Fund | Feeder or parallel | 2018 first reported on Form ADV | $0 as of Nov 25, 2024 | no Form D | Unknown |
Showing 100 of 162 funds on this record. Private Equity Intelligence opens the rest of this record's rows.
- Managing Partner / L•••••• Partner · since Mar 1, 2008
- Managing Partner / L•••••• Partner · since Mar 1, 2008
- Managing Partner / L•••••• Partner · since Mar 1, 2008
- Managing Partner / L•••••• Partner · since Jun 1, 2014
- Managing Partner / L•••••• Partner · since Jun 1, 2014
Full team · 19 peoplegrouped by role, with sources
- C••• D•• T•••• · Managing Partner / L•••••• Partner · since Mar 1, 2008 Form ADV
- L•• M••• M••••••• · Managing Partner / L•••••• Partner · since Mar 1, 2008 Form ADV
- O•••••• B•••• · Managing Partner / L•••••• Partner · since Mar 1, 2008 Form ADV
- P••• H••••• S•••• · Managing Partner / L•••••• Partner · since Jun 1, 2014 Form ADV
- S••• J••••• B••• · Managing Partner / L•••••• Partner · since Jun 1, 2014 Form ADV Press release
- S••••• S•••• C•••••• · Managing Partner / L•••••• Partner · since Mar 1, 2008 Form ADV
- C••• P•••• · Partner · start date unknown Press release
- C••• V••••• · Partner · start date unknown Press release
- H••••• S•••• · Partner · start date unknown Press release
- M••• G•••••• · Managing Director · start date unknown Press release
- A••• K••••••• · Principal · start date unknown Press release
- A••• S•••••• · Principal · start date unknown Press release
- G••••• J•••• · Principal · start date unknown Press release
- C••••••• G•• · Senior Vice President · start date unknown Press release
- E•••• M••• · Managing Director and Head of Capital M•••••• · start date unknown Press release
- J••••••• J•••• A•••• · Managing Director, Chief Operating Officer, Head Of Investor Relations & M•••eting · since Jan 1, 2021 Form ADV
- A•• L••••• C•••••• R••••••••• · Managing Director, Chief Financial Officer · since Aug 1, 2008 Form ADV
- G••••• T••••• N•••• · Managing Director, Chief Administrative And Legal Officer · since Jan 1, 2024 Form ADV
- S••••• A•••••• S••••• · Senior Director, General Counsel And Chief Compliance Officer · since Jan 1, 2024 Form ADV
| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| Sep 8, 2026 | T•••• | Growth investment | Sponsor (confirmed) | active held 1 months | C••• P•••• (confirmed) | prnewswire.com |
| Aug 11, 2026 | K•••• | Platform acquisition | Sponsor (confirmed) | active held 1 months | C••••••• G•• (confirmed) | globenewswire.com |
| Aug 4, 2026 | C•••••• A•••• | Majority investment | Seller (confirmed) | not in the portfolio read | unknown | franciscopartners.com |
| Dec 9, 2025 | P••• H•••••••• I••• | Platform acquisition | Sponsor (confirmed) | active held 10 months | unknown | prnewswire.com |
| Mar 21, 2025 | P••• | Growth investment | Sponsor (confirmed) | active held 1.5 years | unknown | firstanalysis.com |
All 16 dealsnewest first
| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| Sep 8, 2026 | T•••• | Growth investment | Sponsor (confirmed) | active held 1 months | C••• P•••• (confirmed) | prnewswire.com |
| Aug 11, 2026 | K•••• | Platform acquisition | Sponsor (confirmed) | active held 1 months | C••••••• G•• (confirmed) | globenewswire.com |
| Aug 4, 2026 | C•••••• A•••• | Majority investment | Seller (confirmed) | not in the portfolio read | unknown | franciscopartners.com |
| Dec 9, 2025 | P••• H•••••••• I••• | Platform acquisition | Sponsor (confirmed) | active held 10 months | unknown | prnewswire.com |
| Mar 21, 2025 | P••• | Growth investment | Sponsor (confirmed) | active held 1.5 years | unknown | firstanalysis.com |
| Feb 10, 2025 | O••••• a•• C•••••••• | Majority investment | Sponsor (confirmed) | active held 1.6 years | M••• G•••••• (confirmed) | comvest.com |
| Dec 5, 2024 | V•••••••• | Sponsor to sponsor | Seller (confirmed) | exited exited Dec 5, 2024 | unknown | golubcapital.com |
| Sep 26, 2023 | E•••••• | Sponsor to sponsor | Seller (confirmed) | exited exited Nov 20, 2023 | unknown | arlingtoncap.com |
| Sep 20, 2023 | H••••• S••••••• | Debt financing | Sponsor (confirmed) | active held 3.0 years | E•••• M••• (confirmed) | golubcapital.com |
| Apr 25, 2023 | S••••••••• I••• add-on to R••••• T••••••••• | Add-on acquisition | Sponsor (confirmed) | active held 3.4 years | unknown | jmi.com |
| Aug 3, 2022 | P••• I••••••• | Platform acquisition | Sponsor (confirmed) | active held 4.1 years | S••• B••• (confirmed) | vistaequitypartners.com |
| Jul 7, 2022 | G•••••••• J••• | Growth investment | Sponsor (confirmed) | active held 4.2 years | H••••• S•••• (confirmed) | peakequity.com |
| Oct 5, 2021 | R••••• T••••••••• | Growth investment | Sponsor (confirmed) | active held 5.0 years | A••• S•••••• (confirmed) | raptortech.com |
| Aug 2, 2021 | Q•• | Take-private | Sponsor (derived) | not in the portfolio read | unknown | sec.gov |
| Jun 11, 2021 | T••••• S••• | Take-private | Sponsor (derived) | not in the portfolio read | unknown | sec.gov |
| Feb 24, 2020 | I••••••••• | Take-private | Sponsor (confirmed) | not in the portfolio read | unknown | sec.gov |
- T•••• B•••• C•••••• M••••••• L•• 60 shared · very strong · last Oct 1, 2025
- A••••• C•••••• A••••••• S•• 18 shared · very strong · last Nov 7, 2024
- M•••••• C•••••• S•••••••• L•• 3 shared · strong
- C•••••• C•••••• P•••••••• L•• 3 shared · strong · last Dec 23, 2022
- E••••••• A••• L•••••• 3 shared · strong · last Oct 6, 2023
- E••••••• G•••• L••••• 3 shared · strong · last Jan 20, 2022
- B• S••••••••• L•• 3 shared · strong · last Jan 22, 2024
- N••••••• L••••• A••••••••• A•••••••• L•• 3 shared · strong · last May 11, 2023
- B••••••••• C••••• P•••••••• L•• 3 shared · strong · last Dec 23, 2022
- F•••• H••• K••• L•••••• 1 shared · one time · last Jun 16, 2025
- C•••••• A••••••• L•• 1 shared · one time · last Feb 10, 2025
- G•••• C•••••• 1 shared · one time · last Sep 20, 2023
- S••••••••• 1 shared · one time · last Aug 11, 2026
- W•••••• B•••• 1 shared · one time · last Mar 21, 2025
- C••• C•••••• M•••••• 1 shared · one time · last Aug 11, 2026
- Q••••••• P••••••• 1 shared · one time · last Dec 9, 2025
- M••••• S•••••• • C•• L•• 1 shared · one time · last Jul 7, 2022
- G•••••• S•••• • C•• L•• 1 shared · one time · last Aug 3, 2022
- V•••••••• C•••••• P••••••• 1 shared · one time · last Apr 25, 2023
- P•••• S•••••• • C•• 1 shared · one time · last Sep 8, 2026
- B••••••••• A••••••• P•• L••• 1 shared · one time · last Sep 8, 2026
- E••••••• 1 shared · one time · last Dec 9, 2025
- K••••••• • E•••• L•• 2 shared · recurring · last Aug 3, 2022
- G•••••• P•••••• 1 shared · one time · last Aug 3, 2022
- R••••••• L•• 1 shared · one time · last Aug 11, 2026
- D•••••• C••••• L•• 1 shared · one time · last Aug 11, 2026
- S•• L•• 1 shared · one time · last Sep 8, 2026
- J•• M••••••••• L••• 2 shared · recurring · last Apr 25, 2023
- A••• C•••••• 1 shared · one time · last Oct 5, 2021
- 2025-12-31C••••••••• P••••• E••••••••• R••••••••• S•••••5 commitments to 3 funds · $2.4B disclosed
- 2025-05-28N•• Y••• S•••• C••••• R••••••••• F•••8 commitments to 4 funds · $2.2B disclosed
- 2025-06-30C••••••••• S•••• T•••••••• R••••••••• S•••••13 commitments to 7 funds · $2.1B disclosed
- 2025-12-31W••••••••• S•••• I••••••••• B••••6 commitments to 4 funds · $1.3B disclosed
- 2026-03-31O••••• P••••• E•••••••• R••••••••• F•••3 commitments to 2 funds · $750M disclosed
All 71 commitmentsgrouped by LP, largest first · 2 repeated rows shown once
- in P•••••• Q•••• O••••••••• L••• $1.0B calpers.ca.gov
- in T•••• B•••• F••• X••• L••• $600M calpers.ca.gov
- fund not resolved $350M calpers.ca.gov
- in T•••• B•••• F••• X•• L••• $348M calpers.ca.gov
- fund not resolved $114M calpers.ca.gov
- in T•••• B•••• F••• X••• L••• $400M osc.ny.gov
- fund not resolved $400M osc.ny.gov
- in T•••• B•••• F••• X••• L••• $400M osc.ny.gov
- in T•••• B•••• F••• X•• L••• $400M osc.ny.gov
- fund not resolved $400M osc.ny.gov
- in T•••• B•••• F••• X••• L••• $400M osc.ny.gov
- in T•••• B•••• F••• X•• L••• $400M osc.ny.gov
- fund not resolved $300M osc.ny.gov
- in T•••• B•••• D••••••• F••• I•• L••• $100M osc.ny.gov
- in T•••• B•••• G••••• F•••• L••• $100M osc.ny.gov
- in T•••• B•••• D••••••• F••• I•• L••• $100M osc.ny.gov
- in T•••• B•••• G••••• F•••• L••• $100M osc.ny.gov
- fund not resolved $100M osc.ny.gov
- in T•••• B•••• F••• X•••• L••• $300M calstrs.com
- in T•••• B•••• F••• X••• L••• $300M calstrs.com
- in T•••• B•••• F••• X•• L••• $300M calstrs.com
- in T•••• B•••• F••• X••• L••• $250M calstrs.com
- fund not resolved $250M calstrs.com
- fund not resolved $150M calstrs.com
- in T•••• B•••• D••••••• F••• I•• L••• $100M calstrs.com
- in T•••• B•••• D••••••• F••• I••• L••• $100M calstrs.com
- in T•••• B•••• D••••••• F••• I•• L••• $100M calstrs.com
- in T•••• B•••• F••• X• L••• $100M calstrs.com
- in T•••• B•••• F••• X•• L••• $75.0M calstrs.com
- in T•••• B•••• S•••••• O••••••••• F••• I•• L••• $35.0M calstrs.com
- fund not resolved $31.4M calstrs.com
- fund not resolved $400M sib.wa.gov
- fund not resolved $200M sib.wa.gov
- in T•••• B•••• F••• X••• L••• $200M sib.wa.gov
- in T•••• B•••• F••• X•• L••• $200M sib.wa.gov
- in T•••• B•••• D••••••• F••• I•• L••• $200M sib.wa.gov
- in T•••• B•••• D••••••• F••• I••• L••• $100M sib.wa.gov
- in T•••• B•••• F••• X••• L••• $250M oregon.gov
- in T•••• B•••• F••• X•• L••• $250M oregon.gov
- fund not resolved $250M oregon.gov
- in T•••• B•••• F••• X•••• L••• $150M msbi.us
- in T•••• B•••• F••• X••• L••• $150M msbi.us
- fund not resolved $150M msbi.us
- in T•••• B•••• F••• X•• L••• $100M msbi.us
- in T•••• B•••• F••• X••• L••• $75.0M msbi.us
- in T•••• B•••• F••• X•• L••• $80.0M lacers.org
- fund not resolved $65.0M lacers.org
- fund not resolved $60.0M lacers.org
- in T•••• B•••• D••••••• F••• I•• L••• $45.0M lacers.org
- in T•••• B•••• F••• X••• L••• $30.0M lacers.org
- in T•••• B•••• D••••••• F••• I••• L••• $20.0M lacers.org
- fund not resolved $10.0M lacers.org
- in T•••• B•••• D••••••• F••• I•• L••• amount not disclosed lacers.org
- in T•••• B•••• D••••••• F••• I••• L••• amount not disclosed lacers.org
- in T•••• B•••• D••••••• F••• I•• L••• amount not disclosed lacers.org
- fund not resolved amount not disclosed lacers.org
- in T•••• B•••• E•••••• F•••• L••• amount not disclosed lacers.org
- in T•••• B•••• F••• X•• L••• amount not disclosed lacers.org
- in T•••• B•••• F••• X••• L••• amount not disclosed lacers.org
- in T•••• B•••• F••• X•••• L••• amount not disclosed lacers.org
- in T•••• B•••• F••• X••• L••• amount not disclosed lacers.org
- in T•••• B•••• F••• X•• L••• amount not disclosed lacers.org
- in T•••• B•••• S•••••• O••••••••• F••• I•• L••• amount not disclosed lacers.org
- fund not resolved $100M content.copera.org
- fund not resolved $30.0M content.copera.org
- in T•••• B•••• F••• X••• L••• $40.0M apfc.org
- in T•••• B•••• F••• X•••• L••• $40.0M apfc.org
- fund not resolved $10.0M apfc.org
- in T•••• B•••• F••• X••• L••• $10.0M apfc.org
- fund not resolved amount not disclosed mapension.com
- fund not resolved amount not disclosed trsil.org
- Mar 31, 2026••• Locked
- Feb 14, 2012••• Locked
Full timeline · 36 eventsnewest first, including the LP commitments and deals above
- Sep 8, 2026••• Locked
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- Jun 30, 2026••• Locked
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- Dec 31, 2025••• Locked
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- Dec 31, 2025••• Locked
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- Dec 31, 2025••• Locked
- Dec 31, 2025••• Locked
- Dec 9, 2025••• Locked
- Jun 30, 2025••• LockedLP commitment disclosedFactM••••••••• P•••••• R••••••• I••••••••• M••••••••• B••••Pension disclosure
- Jun 30, 2025••• Locked
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- Feb 10, 2025••• Locked
- Dec 5, 2024••• Locked
- May 31, 2024••• Locked
- May 31, 2024••• Locked
- Sep 26, 2023••• Locked
- Aug 3, 2022••• Locked
- Jul 7, 2022••• Locked
- Oct 5, 2021••• Locked
- May 27, 2020••• Locked
- Dec 7, 2018••• Locked
- Apr 27, 2016••• Locked
- Feb 14, 2012••• Locked
T•••• B•••• is the same institution as 4 records in Independent Sponsors, RIA and Wealth, Allocators and Private Credit.
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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