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Funds / KPS Special Situations Fund V, LP

KPS Special Situations Fund V, LP

Successor fundraisingSpecial situations fundADV: Private Equity FundKPS Capital Partners, LPCanada
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
$4.1BForm ADV, as of Mar 28, 2024; not fund size, not dry powder
Peak reported gross assets
$4.2Bhighest year on the reporting tape
Owners (ADV)
111
Reported on ADV
Mar 27, 2020 to Mar 28, 2024
Structure
standalone
Fund of funds (ADV)
no
Strategy
Special Situations
Lifecycle
Successor fundraising
rule: mature and a later fund in the same family first reported 2024model: lc-pe-1gav path: 2020,3150254591,2021,3140084751,2022,3813705149,2023,4217982339,2024,4114393588peak gav: $4.2Bas of year: $2,024latest gav: $4.1Breported years: 5last step change: -0.025underlying state: MATUREage years at as of: 4drawdown from peak: 0.025first reported year: $2,020successor first reported year: $2,024
Reported gross assets by year
5 annual rows
YearFiledTypeGross assets OwnersMin. investmentNon-US ownedSource
2020Mar 27, 2020Private Equity Fund$3.2B
107$10.0M7%adviserinfo.sec.gov
2021Mar 31, 2021Private Equity Fund$3.1B
107$10.0M7%adviserinfo.sec.gov
2022Oct 19, 2022Private Equity Fund$3.8B
107$10.0M7%adviserinfo.sec.gov
2023May 26, 2023Private Equity Fund$4.2B
107$10.0M7%adviserinfo.sec.gov
2024Mar 28, 2024Private Equity Fund$4.1B
111$10.0M6%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
4 disclosed
LPCommitmentCommittedKindSource
Oregon Public Employees Retirement Fund$50.0Munknownprimary
2020 | KPS Special Situations Fund V | $50.0M | $49.2M | $22.1M | $38.4M | 1.23x | 8.3%
Public pension private-markets disclosures, read through the venture lane's LP report tape
Alaska Permanent Fund Corporation$78.3Munknownprimary
Fund Investments | KPS Special Situations Fund V LP | USD | 2020 | 78,300,000
Public pension private-markets disclosures, read through the venture lane's LP report tape
Los Angeles City Employees' Retirement Systemnot disclosedunknownprimary
Active | KPS Special Situations Fund V | Buyout | Buyout - Medium | 2020 | 10.3% | 1.29
Public pension private-markets disclosures, read through the venture lane's LP report tape
Los Angeles City Employees' Retirement System$40.0Munknownprimary
New Investments | 10/10/2019 | KPS | KPS Special Situations Fund V | fund size $5,000 | | Large Buyouts | $40.0 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
5 most recent
  1. Mar 31, 2026
    Oregon Public Employees Retirement Fund reports KPS Special Situations Fund V: $50,000,000 committed, vintage 2020, net IRR 8.3%
  2. Dec 31, 2025
    Los Angeles City Employees' Retirement System reports KPS Special Situations Fund V: an undisclosed amount committed, vintage 2020, net IRR 10.3%
  3. Dec 31, 2025
    Alaska Permanent Fund Corporation reports KPS Special Situations Fund V LP: $78,300,000 committed, vintage 2020
  4. Mar 27, 2020
    KPS Special Situations Fund V, LP first reported on Form ADV by KPS Capital Partners, LP (Private Equity Fund), GAV $3,150,254,591
  5. Oct 10, 2019
    Los Angeles City Employees' Retirement System reports KPS Special Situations Fund V: $40,000,000 committed, vintage 2019