DFX Intelligence
Private Equity Intelligence
Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.
Funds / KPS Special Situations Mid-Cap Fund, LP
KPS Special Situations Mid-Cap Fund, LP
Amounts, each with its basis
- Vintage
- 2020basis: first reported on Form ADV
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- unknownwhat may be sold, not what was raised
- Form D sold
- unknownno Form D on record
- First sale
- unknown
- Reported gross assets
- $850MForm ADV, as of Mar 28, 2024; not fund size, not dry powder
- Peak reported gross assets
- $850Mhighest year on the reporting tape
- Owners (ADV)
- 57
- Reported on ADV
- Mar 27, 2020 to Mar 28, 2024
- Structure
- standalone
- Fund of funds (ADV)
- no
- Strategy
- Special Situations
Lifecycle
Mature
rule: gross assets within 10% of the prior yearmodel: lc-pe-1gav path: 2020,658024467,2021,663004587,2022,762477253,2023,835262852,2024,850353134peak gav: $850Mas of year: $2,024latest gav: $850Mreported years: 5last step change: 0.018age years at as of: 4drawdown from peak: 0first reported year: $2,020
Reported gross assets by year
5 annual rows
| Year | Filed | Type | Gross assets | Owners | Min. investment | Non-US owned | Source | |
|---|---|---|---|---|---|---|---|---|
| 2020 | Mar 27, 2020 | Private Equity Fund | $658M | 56 | $10.0M | 8% | adviserinfo.sec.gov | |
| 2021 | Mar 31, 2021 | Private Equity Fund | $663M | 56 | $10.0M | 8% | adviserinfo.sec.gov | |
| 2022 | Oct 19, 2022 | Private Equity Fund | $762M | 56 | $10.0M | 8% | adviserinfo.sec.gov | |
| 2023 | May 26, 2023 | Private Equity Fund | $835M | 56 | $10.0M | 8% | adviserinfo.sec.gov | |
| 2024 | Mar 28, 2024 | Private Equity Fund | $850M | 57 | $10.0M | 5% | adviserinfo.sec.gov |
Placement agents and principals
0 placement agents, 0 principals
No placement agent or principal collected for this fund yet. Both come from the related persons and sales compensation sections of Form D.
Limited partners
3 disclosed
| LP | Commitment | Committed | Kind | Source |
|---|---|---|---|---|
| Alaska Permanent Fund Corporation | $25.0M | unknown | primary | “Fund Investments | KPS Special Situations Mid-Cap Fund LP | USD | 2020 | 25,000,000” Public pension private-markets disclosures, read through the venture lane's LP report tape |
| Los Angeles City Employees' Retirement System | not disclosed | unknown | primary | “Active | KPS Special Situations Mid-Cap Fund | Buyout | Buyout - Medium | 2019 | 13.8% | 1.49” Public pension private-markets disclosures, read through the venture lane's LP report tape |
| Los Angeles City Employees' Retirement System | $10.0M | unknown | primary | “New Investments | 10/10/2019 | KPS | KPS Special Situations Mid Cap Fund | fund size $750 | | Medium Buyouts | $10.0 million” Public pension private-markets disclosures, read through the venture lane's LP report tape |
Investments attributed to this fund
0
No investment attributed to this fund. A firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Events
4 most recent
- Dec 31, 2025Los Angeles City Employees' Retirement System reports KPS Special Situations Mid-Cap Fund: an undisclosed amount committed, vintage 2019, net IRR 13.8%Lp commitment disclosed Fact Public pension private-markets disclosures, read through the venture lane's LP report tape
- Dec 31, 2025Alaska Permanent Fund Corporation reports KPS Special Situations Mid-Cap Fund LP: $25,000,000 committed, vintage 2020Lp commitment disclosed Fact Public pension private-markets disclosures, read through the venture lane's LP report tape
- Mar 27, 2020KPS Special Situations Mid-Cap Fund, LP first reported on Form ADV by KPS Capital Partners, LP (Private Equity Fund), GAV $658,024,467Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
- Oct 10, 2019Los Angeles City Employees' Retirement System reports KPS Special Situations Mid Cap Fund: $10,000,000 committed, vintage 2019Lp commitment disclosed Fact Public pension private-markets disclosures, read through the venture lane's LP report tape