Rubicon Partners Scsp
A private equity fund outside venture scope, shown because its manager is on the venture graph.
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, California Public Employees' Retirement System as of 31 Dec 2025, shows $1.4B committed and net IRR 24.3%, 1.60x (the LP's own figures).
A named LP and its own performance figures are the strongest outside read on a fund.
FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners → - +164%reported GAV
Reported gross assets rose from $502M to $1.33B between the Form ADV filings of 16 Sep 2024 and 29 Jun 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Amounts, each with its basis
- Vintage
- 2023basis: adv first reported
- 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
- unknown
- First sale
- unknown
- Reported GAV
- $1.3Bon the Form ADV filed Jun 29, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- Jul 19, 2023 to Jun 29, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Lifecycle
Active deployment
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jul 19, 2023 | Private Equity Fund | $490M | 1 | 0% | yes | ||
| Jun 28, 2024 | Private Equity Fund | $502M | 1 | 0% | yes | ||
| Sep 16, 2024 | Private Equity Fund | $502M | 1 | 0% | yes | ||
| Jun 29, 2026 | Private Equity Fund | $1.3B | 2 | 0% |
Principals and agents
Service providers
- AuditorKPMG · LUXEMBOURG CITY, LuxembourgForm ADV filed Jun 29, 2026 reports.adviserinfo.sec.gov
- AdministratorAztec · SENNINGERBERG, LuxembourgForm ADV filed Jun 29, 2026 reports.adviserinfo.sec.gov
- CustodianAztec · SENNINGERBERG, LuxembourgForm ADV filed Jun 29, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| California Public Employees' Retirement System calpers.ca.gov | 2023 | $1.4B | $217M | $0 | $348M | 24.3% | 1.6x | Dec 31, 2025 |
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| California Public Employees' Retirement System | STATE RETIREMENT SYSTEM | $1.4B committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
Investments attributed to this vehicle
Timeline
- Dec 31, 2025CalPERS reports Rubicon Partners SCSp: $1,403,353,710 committed, vintage 2023, net IRR 24.3%, 1.6xLP commitment disclosed Fact Pension disclosure
- Dec 31, 2025CalPERS reports Rubicon Partners SCSp: $1,403,353,710 committed, vintage 2023, net IRR 24.3%, 1.6xLP commitment disclosed Fact Pension disclosure
- Jul 19, 2023Rubicon Partners Scsp first reported on Form ADV by Capvest Partners LLP (Private Equity Fund), GAV $489,920,238Fund first reported on Form ADV Fact Form ADV
Evidence
Every observation on this vehicle
Relationships across DFX
on 3 other DFX graphs
Rubicon Partners Scsp is the same institution as 3 records in Allocators, Private Equity and RIA and Wealth.
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
- LP commitment disclosed2025-12-31source on record
- LP commitment disclosed2025-12-31source on record
- Fund first reported on ADV2023-07-19source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.