DFX Intelligence
Pine Brook Capital Partners II LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
5 additional placement agents, 4 events
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 3 LP reportspublic disclosures
3 public LP reports name this vehicle; the latest, Oregon Public Employees Retirement Fund as of 31 Mar 2026, shows $100M committed and net IRR -10.8%, 0.70x (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 → - -25%reported GAV
Reported gross assets fell from $1.78B to $1.34B between the Form ADV filings of 29 Mar 2024 and 29 May 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2012basis: form d first sale
- 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
- $2.0Bwhat may be sold, not what was raised; file 021-183642, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.3Bas of the filing of Sep 5, 2013, 127 investors
- First sale
- Nov 14, 2012
- Reported GAV
- $1.3Bon the Form ADV filed May 29, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 248
- Reported on ADV
- Mar 26, 2013 to May 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.Unknown
latest Form D 2013-09-05, older than 15 months (fr-1)
evidence dated Sep 5, 2013.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 14first sale: Nov 14, 2012vintage year: 2012adv gav as of: May 29, 2026vintage basis: Form d first saleform d sold: $1.3Bform d offering: $2.0Bform d latest filed at: Sep 5, 2013
The fund's own reporting through time
17 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 26, 2013 | Venture Capital Fund | $105M | 87 | $1.0M | 7% | yes | |
| Mar 31, 2014 | Venture Capital Fund | $321M | 229 | $100M | 4% | yes | |
| Mar 30, 2015 | Venture Capital Fund | $700M | 229 | $100M | 4% | yes | |
| Mar 30, 2016 | Venture Capital Fund | $1.2B | 229 | $10.0M | 4% | yes | |
| Mar 30, 2017 | Venture Capital Fund | $2.1B | 229 | $10.0M | 4% | yes | |
| Mar 13, 2018 | Venture Capital Fund | $3.2B | 229 | $10.0M | 4% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $3.3B | 240 | $10.0M | 4% | yes | |
| May 7, 2019 | Venture Capital Fund | $3.3B | 240 | $10.0M | 4% | yes | |
| Jul 10, 2019 | Venture Capital Fund | $3.3B | 240 | $10.0M | 4% | yes | |
| Mar 30, 2020 | Venture Capital Fund | $3.0B | 242 | $10.0M | 4% | yes | |
| Mar 30, 2021 | Venture Capital Fund | $2.9B | 245 | $10.0M | 4% | yes | |
| May 6, 2021 | Venture Capital Fund | $2.9B | 245 | $10.0M | 4% | yes | |
| Aug 17, 2021 | Venture Capital Fund | $3.1B | 245 | $10.0M | 4% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $2.9B | 245 | $10.0M | 4% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $2.3B | 246 | $10.0M | 4% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $1.8B | 246 | $10.0M | 4% | yes | |
| May 29, 2026 | Venture Capital Fund | $1.3B | 248 | $10.0M | 4% |
Principals and agents
2 principals on Form D, 1 placement agents
- Pine Brook Road Associates II LP Promoter
- Howard H. Newman Executive Officer
- Credit Suisse Securities (USA) LLC placement agent
Service providers
8 named on Form ADV Schedule D and Form D
- AuditorEY · NEW YORK, New York, United StatesForm ADV filed May 29, 2026 reports.adviserinfo.sec.gov
- AdministratorSS&C · UNION, New Jersey, United StatesForm ADV filed May 29, 2026 reports.adviserinfo.sec.gov
- CustodianCOMPUTER SHARE INVESTOR SERVICES INC · TORONTO, CanadaForm ADV filed May 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).3 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Oregon Public Employees Retirement Fund oregon.gov | 2012 | $100M | $125M | $87.6M | $0 | -10.8% | 0.7x | Mar 31, 2026 |
| New York State Common Retirement Fund osc.ny.gov | 2014 | $150M | $200M | $199M | $91.8M | not meaningful yet | 1.5x | Mar 31, 2025 |
| New York State Common Retirement Fund osc.ny.gov | 2014 | $150M | Not disclosed | Not disclosed | Not disclosed | not meaningful yet | unknown | Jan 28, 2014 |
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.2 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| New York State Common Retirement Fund | PUBLIC INSTITUTIONAL POOL | $150M committed | reported as of Mar 31, 2025 | Fact Pension disclosure |
| Oregon Public Employees Retirement Fund | PUBLIC INSTITUTIONAL POOL | $100M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
9 events
- Mar 31, 2026OPERF reports Pine Brook Capital Partners II: $100,000,000 committed, vintage 2012, net IRR -10.8%, 0.7xLP commitment disclosed Fact Pension disclosure
- Mar 31, 2026OPERF reports Pine Brook Capital Partners II: $100,000,000 committed, vintage 2012, net IRR -10.8%, 0.7xLP commitment disclosed Fact Pension disclosure
- Mar 31, 2025NYSCRF reports Pine Brook Capital Partners II, LP: $150,000,000 committed, vintage 2014LP commitment disclosed Fact Pension disclosure
- Mar 31, 2014Custodian changed: Bank of America replaced First Republic Bank, first reported on the Form ADV filed March 31, 2014 (previous filing March 26, 2013)Custodian changed Fact Form ADV
- Jan 28, 2014NYSCRF commits $150,000,000 to Pine Brook Capital Partners II, L. P., closed 2014-01-28LP commitment closed Fact Pension disclosure
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Sep 5, 2013 Fact Form D
- Entity type: Limited Partnership Sep 5, 2012 Fact Form D
- Form D fund type: Venture Capital Fund Sep 5, 2013 Fact Form D
- Form D fund type: Private Equity Fund Sep 5, 2012 Fact Form D
- Form D industry group: Pooled Investment Fund Sep 5, 2013 Fact Form D
- Form D industry group: Pooled Investment Fund Sep 5, 2012 Fact Form D
- Amendment: true Sep 5, 2013 Fact Form D
- Amendment: false Sep 5, 2012 Fact Form D
- Revenue range (Form D): Decline to Disclose Sep 5, 2013 Fact Form D
- Revenue range (Form D): Decline to Disclose Sep 5, 2012 Fact Form D
- Incorporated: withinFiveYears Sep 5, 2013 Fact Form D
- Incorporated: withinFiveYears Sep 5, 2012 Fact Form D
- Jurisdiction: Delaware Sep 5, 2013 Fact Form D
- Jurisdiction: Delaware Sep 5, 2012 Fact Form D
- Lp reported fund: P Jan 28, 2014 Fact Pension disclosure
- Amount sold (Form D): $1.3B Sep 5, 2013 Fact Form D
- Amount sold (Form D): $0 Sep 5, 2012 Fact Form D
- Offering amount (Form D): $2.0B Sep 5, 2013 Fact Form D
- Offering amount (Form D): $2.0B Sep 5, 2012 Fact Form D
- Exemptions: 06, 3C, 3C.1, 3C.7 Sep 5, 2013 Fact Form D
- Exemptions: 06, 3C, 3C.1, 3C.7 Sep 5, 2012 Fact Form D
- First sale: 2012-11-14 Sep 5, 2013 Fact Form D
- Investors (Form D): 127 Sep 5, 2013 Fact Form D
- Investors (Form D): 0 Sep 5, 2012 Fact Form D
- Minimum investment (Form D): 10,000,000 Sep 5, 2013 Fact Form D
- Minimum investment (Form D): 10,000,000 Sep 5, 2012 Fact Form D
- Securities offered: pooled Sep 5, 2013 Fact Form D
- Securities offered: pooled Sep 5, 2012 Fact Form D
- Office address: Sep 5, 2013 Fact Form D
- Office address: Sep 5, 2012 Fact Form D
- Year of incorporation: 2012 Sep 5, 2013 Fact Form D
- Year of incorporation: 2012 Sep 5, 2012 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Pine Brook Capital Partners II LP is the same institution as 3 records in Allocators, RIA and Wealth and Private Equity.
Allocators1RIA and Wealth1Private Equity1
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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
1 identity change, 8 dated events on the change ledger, latest event first
- Merged in2026-09-14
- LP commitment disclosed2026-03-31source on record
- LP commitment disclosed2026-03-31source on record
+6 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.