Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Limited partners / Pennsylvania Public School Employees' Retirement System

Pennsylvania Public School Employees' Retirement System

Harrisburg, PA · latest report pa.gov

Disclosed
138
rows in the latest reports
Resolved
49
to a fund or manager here
Venture-looking
9
by the fund's name
Managers backed
21
distinct, resolved
Committed
$5.1B
resolved rows only
Latest report
Dec 31, 2025
as of
Dated commitments
0
new commitments with a closing date
Commitment edges
53
LP to fund or manager

Every figure is the LP’s own: its cash flows, its valuation policy, its vintage definition, as of its reporting date. Nothing here is the fund’s number. Where the plan prints a multiple it is the plan’s; where it prints none the column is blank.

Resolved to this graph
49 rows
Fund as the LP prints itManager (basis)VintageCommittedPaid inDistributedRemainingNet IRRMultipleAs of
CVC European Equity Partners V (A), L.P.CVC Advisors (U.S.) Inc.(exact name)2008$478M$439M$865M$10.4M16.7%1.99xDec 31, 2025 pa.gov
Apax Europe VII, L.P.Apax Partners LLP(exact name)2007$274M$297M$367M$1.0M4.2%1.24xDec 31, 2025 pa.gov
Apollo Investment Fund IX, L.P.Apollo Global Management(exact name)2018$225M$234M$143M$206M14.1%1.50xDec 31, 2025 pa.gov
Bridgepoint Development Capital IV, L.P.Bridgepoint Capital Partners, LLC(exact name)2020$155M$143M$44.3M$119M6.7%1.14xDec 31, 2025 pa.gov
Apax X USD, L.P.Apax Partners LLP(exact name)2019$150M$143M$116M$62.8M8.6%1.25xDec 31, 2025 pa.gov
Bain Capital Asia Fund IV-B, L.P.Bain Capital(exact name)2019$150M$156M$170M$103M23.7%1.75xDec 31, 2025 pa.gov
Insight Partners XI, L.P.Insight Venture Partners(exact name)2019$150M$146M$25.6M$230M12.3%1.75xDec 31, 2025 pa.gov
Summit Partners Growth Equity Fund X-A, L.P.Summit Partners, L.P.(exact name)2019$150M$154M$65.8M$165M12.3%1.50xDec 31, 2025 pa.gov
Summit Partners Growth Equity Fund XI-A, L.P.Summit Partners, L.P.(stem, series and numeral)2021$150M$86.9M$1.7M$95.5M6.7%1.12xDec 31, 2025 pa.gov
Apax Digital II, L.P.Apax Partners LLP(exact name)2021$135M$70.2M$79.2M8.3%1.13xDec 31, 2025 pa.gov
Co-Investment Fund II, L.P.Cross Atlantic Capital Partners, Inc.(exact name)2005$135M$134M$143M$400,0000.7%1.07xDec 31, 2025 pa.gov
Bain Capital Asia Fund III-A, L.P.Bain Capital(exact name)2016$130M$140M$211M$126M25.2%2.41xDec 31, 2025 pa.gov
Bain Capital Fund XII-A, L.P.Bain Capital(exact name)2017$125M$143M$231M$56.2M19.5%2.01xDec 31, 2025 pa.gov
PAI Europe VII, L.P.PAI Partners(exact name)2018$123M$112M$75.1M$103M13.5%1.59xDec 31, 2025 pa.gov
Aisling Capital IV, L.P.Aisling Capital LLC(exact name)2015$100M$128M$110M$161M14.8%2.12xDec 31, 2025 pa.gov
Apax Digital, L.P.Apax Partners LLP(exact name)2017$100M$118M$45.7M$156M16.3%1.71xDec 31, 2025 pa.gov
Bain Capital Asia Fund II, L.P.Bain Capital(exact name)2012$100M$120M$204M$8.3M16.2%1.77xDec 31, 2025 pa.gov
Greenoaks Capital Opportunities Fund IIIGreenoaks Capital(exact name)2020$100M$93.8M$29.8M$164M18.7%2.07xDec 31, 2025 pa.gov
Greenoaks Capital Opportunities Fund V LPGreenoaks Capital(exact name)2023$100M$85.9M$114M24.4%1.32xDec 31, 2025 pa.gov
Hg Saturn 2 A L.P.HG Capital Management, LLC(exact name)2020$100M$93.4M$27.5M$108M13.1%1.45xDec 31, 2025 pa.gov
Hg Saturn 3 A L.P.HG Capital Management, LLC(exact name)2022$100M$52.8M$65.1M10.4%1.23xDec 31, 2025 pa.gov
Hg Saturn 4 AHG Capital Management, LLC(exact name)2025$100M$300,000$1.8M7.21xDec 31, 2025 pa.gov
Insight Venture Partners X, L.P.Insight Venture Partners(exact name)2017$100M$105M$124M$173M21.3%2.83xDec 31, 2025 pa.gov
L Catterton Growth Partners III, L.P.L Catterton(manager named)2016$100M$112M$209M$124M25.0%2.99xDec 31, 2025 pa.gov
L Catterton VIII, L.P.L Catterton(manager named)2016$100M$119M$89.8M$85.9M11.5%1.47xDec 31, 2025 pa.gov
Oak HC/FT Partners IV, L.P.OAK Hcft Management Company LLC(exact name)2021$100M$99.1M$135M8.9%1.37xDec 31, 2025 pa.gov
Oak HC/FT Partners V, L.P.OAK Hcft Management Company LLC(exact name)2022$100M$76.6M$14.2M$74.7M14.0%1.16xDec 31, 2025 pa.gov
OceanSound Partners Fund II, LPOceansound Partners, LP(exact name)2022$100M$75.4M$1.2M$100M24.9%1.35xDec 31, 2025 pa.gov
Summit Partners Growth Equity Fund IX-A, L.P.Summit Partners, L.P.(stem, series and numeral)2016$100M$119M$169M$89.5M22.8%2.18xDec 31, 2025 pa.gov
Summit Partners Growth Equity Fund VIII-A, L.P.Summit Partners, L.P.(stem, series and numeral)2012$100M$115M$259M$11.3M25.3%2.36xDec 31, 2025 pa.gov
Tenaya Capital VII, L.P.Tenaya Capital(exact name)2015$100M$88.4M$40.0M$166M14.3%2.33xDec 31, 2025 pa.gov
Insight Partners XII, L.P.Insight Venture Partners(exact name)2021$75.0M$72.1M$0$80.1M3.3%1.11xDec 31, 2025 pa.gov
Orchid Asia VI, L.P.Orchid Asia Group Management Limited(exact name)2014$75.0M$81.7M$45.7M$35.3M-0.2%0.99xDec 31, 2025 pa.gov
Orchid Asia VII, L.P.Orchid Asia Group Management Limited(exact name)2017$75.0M$75.4M$16.8M$48.9M-3.0%0.87xDec 31, 2025 pa.gov
Sante Health Ventures IIISante Ventures(exact name)2018$75.0M$70.5M$39.6M$97.7M18.5%1.95xDec 31, 2025 pa.gov
Sante Health Ventures IVSante Ventures(exact name)2021$75.0M$56.9M$95.0M23.7%1.67xDec 31, 2025 pa.gov
Tenaya Capital V-P, L.P.Tenaya Capital(exact name)2007$75.0M$75.0M$157M$7.0M17.5%2.18xDec 31, 2025 pa.gov
Aisling Capital II L.P.Aisling Capital LLC(exact name)2005$50.0M$58.9M$58.6M$4.2M1.0%1.07xDec 31, 2025 pa.gov
Aisling Capital III, L.P.Aisling Capital LLC(exact name)2008$50.0M$56.4M$134M$300,00026.5%2.38xDec 31, 2025 pa.gov
StarVest Partners II (Parallel), L.P.Starvest Management, Inc.(exact name)2007$50.0M$49.4M$29.6M$1.5M-5.8%0.63xDec 31, 2025 pa.gov
Summit Partners Venture Capital Fund IV-A, L.P.Summit Partners, L.P.(exact name)2015$50.0M$61.0M$78.0M$89.7M33.0%2.75xDec 31, 2025 pa.gov
Tenaya Capital VI, L.P.Tenaya Capital(exact name)2012$50.0M$48.8M$25.9M$23.5M0.1%1.01xDec 31, 2025 pa.gov
Orchid Asia V, L.P.Orchid Asia Group Management Limited(exact name)2010$40.0M$36.4M$56.7M$7.5M24.2%1.76xDec 31, 2025 pa.gov
Cross Atlantic Technology Fund, L.P.Cross Atlantic Capital Partners, Inc.(exact name)1999$30.1M$30.4M$36.3M$100,0002.5%1.20xDec 31, 2025 pa.gov
Valar Velocity Fund 2 LPValar Ventures(exact name)2020$30.0M$30.0M$35.8M3.8%1.19xDec 31, 2025 pa.gov
Summit Partners Venture Capital Fund III-A, L.P.Summit Partners, L.P.(exact name)2012$25.0M$30.2M$64.9M$3.4M17.8%2.27xDec 31, 2025 pa.gov
Cross Atlantic Technology Fund IICross Atlantic Capital Partners, Inc.(exact name)2002$21.1M$21.1M$21.6M$00.4%1.02xDec 31, 2025 pa.gov
Adams Capital Management, L.P.Adams Capital Management, Inc.(exact name)1997$12.5M$12.5M$22.7M$200,00044.9%1.83xDec 31, 2025 pa.gov
Bain Capital Beacon Roll SPV XIIBain Capital(exact name)2025$4.3M$3.8M$1.6M$1.2M0.74xDec 31, 2025 pa.gov
Venture-looking, not yet resolved
0 rows, each an open research task
Every venture-looking row resolved.
The rest of the book
89 rows: buyout, credit, secondaries, co-investment vehicles
Show 89 rows
Fund as the LP prints itManager (basis)VintageCommittedPaid inDistributedRemainingNet IRRMultipleAs of
Cerberus Institutional Partners, L.P.(Series Four)unresolved2006$400M$370M$683M$1.0M9.2%1.85xDec 31, 2025 pa.gov
Baring Asia Private Equity Fund IV, L.P.unresolved2007$300M$335M$539M8.8%1.61xDec 31, 2025 pa.gov
CVC Capital Partners Asia Pacific III, L.P.unresolved2008$300M$310M$481M$9.8M12.7%1.58xDec 31, 2025 pa.gov
Platinum Equity Capital Partners IV, L.P.unresolved2016$300M$348M$453M$185M18.1%1.83xDec 31, 2025 pa.gov
Platinum Equity Capital Partners V, L.P.unresolved2019$300M$315M$117M$319M8.6%1.38xDec 31, 2025 pa.gov
Platinum Equity Capital Partners-A II, L.P.unresolved2007$300M$355M$545M$7.5M12.9%1.55xDec 31, 2025 pa.gov
New Mountain Partners III L.P.unresolved2007$287M$319M$756M$11.7M14.5%2.40xDec 31, 2025 pa.gov
GSC Recovery II, L.P.unresolved2000$279M$279M$430M10.1%1.54xDec 31, 2025 pa.gov
Strategic Partners Fund VII, L.P.unresolved2016$250M$196M$270M$71.8M16.4%1.74xDec 31, 2025 pa.gov
Partners Group Secondary 2008, L.P.unresolved2007$235M$178M$267M$400,0008.6%1.51xDec 31, 2025 pa.gov
Actis Emerging Markets 3, L.P.unresolved2007$200M$231M$211M$1.6M-2.1%0.92xDec 31, 2025 pa.gov
Cerberus Institutional Partners V, L.P.unresolved2012$200M$208M$339M$57.3M12.3%1.91xDec 31, 2025 pa.gov
Cerberus Institutional Partners VI, L.P.unresolved2015$200M$206M$277M$161M13.7%2.13xDec 31, 2025 pa.gov
LLR Equity Partners IV, L.P.unresolved2012$200M$182M$451M$69.0M27.1%2.86xDec 31, 2025 pa.gov
LLR Equity Partners V, L.P.unresolved2017$200M$196M$145M$311M18.4%2.33xDec 31, 2025 pa.gov
LLR Equity Partners VI, L.P.unresolved2020$200M$188M$38.3M$182M5.3%1.17xDec 31, 2025 pa.gov
New Mountain Partners V, L.P.unresolved2017$200M$205M$470M$19.7M26.6%2.40xDec 31, 2025 pa.gov
HS Group Sponsor Fund IIunresolved2018$190M$231M$94.7M$194M26.1%1.25xDec 31, 2025 pa.gov
LLR Equity Partners III, L.P.unresolved2008$188M$165M$396M$200,00017.9%2.40xDec 31, 2025 pa.gov
Platinum Equity Small Cap Fund, L.P.unresolved2018$160M$153M$54.5M$186M12.7%1.58xDec 31, 2025 pa.gov
The Fourth Cinven Fund, L.P.unresolved2006$159M$207M$301M$100,0007.5%1.46xDec 31, 2025 pa.gov
Clearlake Capital Partners VI, L.P.unresolved2020$150M$166M$41.3M$201M10.1%1.46xDec 31, 2025 pa.gov
Crestview Partners III, L.P.unresolved2013$150M$205M$169M$46.9M1.6%1.05xDec 31, 2025 pa.gov
Crestview Partners, L.P.unresolved2004$150M$162M$243M$16.2M7.2%1.60xDec 31, 2025 pa.gov
Incline Equity Partners V, L.P.unresolved2020$150M$152M$33.5M$118M0.0%1.00xDec 31, 2025 pa.gov
Irving Place Capital Partners III SPV, L.P.unresolved2006$150M$159M$271M$2.9M8.0%1.72xDec 31, 2025 pa.gov
Lindsay Goldberg V, L.P.unresolved2019$150M$121M$117M$65.6M21.2%1.50xDec 31, 2025 pa.gov
Portfolio Advisors Secondary Fund IV, L.P.unresolved2020$150M$136M$33.0M$145M7.8%1.30xDec 31, 2025 pa.gov
Searchlight Capital III, L.P.unresolved2019$150M$156M$88.0M$196M22.1%1.82xDec 31, 2025 pa.gov
Strategic Partners Fund VI, L.P.unresolved2014$150M$113M$153M$13.6M13.4%1.47xDec 31, 2025 pa.gov
Trilantic Capital Partners VI (North America), L.P.unresolved2018$150M$171M$57.2M$151M5.5%1.21xDec 31, 2025 pa.gov
Versa Capital Fund II, L.P.unresolved2008$150M$178M$80.1M$5.8M-21.2%0.48xDec 31, 2025 pa.gov
Versa Capital Fund III, L.P.unresolved2015$150M$147M$3.4M$47.4M-12.4%0.35xDec 31, 2025 pa.gov
HGGC Fund III, L.P.unresolved2017$125M$127M$231M$69.3M25.6%2.37xDec 31, 2025 pa.gov
Incline Equity Partners VI, L.P.unresolved2022$125M$11.7M$10.6M0.91xDec 31, 2025 pa.gov
LLR Equity Partners VII, L.P.unresolved2023$125M$27.3M$500,000$30.0M1.12xDec 31, 2025 pa.gov
Platinum Equity Capital Partners-A, L.P.unresolved2003$125M$156M$325M$3.6M59.9%2.11xDec 31, 2025 pa.gov
Portfolio Advisors Secondary Fund III, L.P.unresolved2015$125M$114M$116M$81.4M16.2%1.73xDec 31, 2025 pa.gov
Bridgepoint Europe VI, L.P.unresolved2018$124M$108M$128M$38.9M12.7%1.55xDec 31, 2025 pa.gov
Hahn & Company III L.P.unresolved2018$113M$131M$53.8M$136M12.0%1.45xDec 31, 2025 pa.gov
HgCapital 8 D, L.P.unresolved2017$109M$109M$193M$93.2M33.6%2.63xDec 31, 2025 pa.gov
Hg Genesis 9 L.P.unresolved2020$107M$101M$41.1M$112M14.1%1.51xDec 31, 2025 pa.gov
Actis Global 4, L.P.unresolved2011$100M$124M$132M$11.3M3.4%1.16xDec 31, 2025 pa.gov
Blue Point Capital Partners II (B), L.P.unresolved2006$100M$97.2M$266M$2.0M20.8%2.76xDec 31, 2025 pa.gov
Capital International Private Equity Fund VI, L.P.unresolved2011$100M$113M$104M$2.6M-1.0%0.95xDec 31, 2025 pa.gov
Catterton Partners VII, L.P.unresolved2012$100M$129M$163M$40.1M10.7%1.57xDec 31, 2025 pa.gov
Clayton Dubilier & Rice Fund XII LPunresolved2023$100M$42.6M$9.6M$52.0M35.4%1.45xDec 31, 2025 pa.gov
Clearlake Capital Partners V, L.P.unresolved2017$100M$153M$214M$75.6M31.1%1.89xDec 31, 2025 pa.gov
Clearlake Capital Partners VIII, L.P.unresolved2023$100M$7.0M$0$4.4M-39.6%0.64xDec 31, 2025 pa.gov
Coller International Partners VII, L.P. - Series Aunresolved2014$100M$83.3M$106M$32.1M12.4%1.65xDec 31, 2025 pa.gov
HGGC Fund II, L.P.unresolved2014$100M$104M$125M$63.4M12.7%1.81xDec 31, 2025 pa.gov
K4 Private Investors, L.P.unresolved2018$100M$93.6M$72.8M$124M14.8%2.10xDec 31, 2025 pa.gov
Lindsay Goldberg VI, L.P.unresolved2025$100M$3.6M$1.7M$1.0M0.74xDec 31, 2025 pa.gov
NGP Natural Resources X, L.P.unresolved2011$100M$105M$98.8M$5.8M0.0%1.00xDec 31, 2025 pa.gov
NGP Natural Resources XI, L.P.unresolved2014$100M$105M$146M$21.8M9.7%1.60xDec 31, 2025 pa.gov
North Haven Private Equity Asia IV, L.P.unresolved2013$100M$125M$98.4M$32.1M0.9%1.05xDec 31, 2025 pa.gov
Partners Group Secondary 2011 (USD), L.P. Inc.unresolved2011$100M$63.2M$112M$4.6M14.9%1.84xDec 31, 2025 pa.gov
Stellex Capital Partners III, L.P.unresolved2024$100M$28.6M$0$24.2M0.85xDec 31, 2025 pa.gov
The Energy & Minerals Group Fund III, L.P.unresolved2013$100M$106M$23.6M$37.2M-6.5%0.57xDec 31, 2025 pa.gov
Venor Special Situations Fund II, L.P.unresolved2015$100M$100M$104M$17.7M4.3%1.21xDec 31, 2025 pa.gov
TDR Capital V L.P.unresolved2023$95.8M$42.0M$46.7M10.2%1.11xDec 31, 2025 pa.gov
Honeydew Co-Invest, L.P.unresolved2020$93.8M$92.4M$109M4.1%1.18xDec 31, 2025 pa.gov
Incline Equity Partners IV, L.P.unresolved2017$90.0M$100M$161M$24.3M21.8%1.85xDec 31, 2025 pa.gov
Partners Group Secondary 2015 (USD) A, L.P.unresolved2015$90.0M$58.3M$55.9M$48.6M11.5%1.79xDec 31, 2025 pa.gov
Clearlake Capital Partners VII, L.P.unresolved2021$85.0M$61.0M$200,000$67.3M3.7%1.11xDec 31, 2025 pa.gov
Crown CG Private Equity Fund 2019, L.P.unresolved2020$82.1M$70.5M$47.9M$47.0M11.1%1.35xDec 31, 2025 pa.gov
Incline Elevate Fund II, L.P.unresolved2022$80.0M$42.3M$36.3M-8.0%0.86xDec 31, 2025 pa.gov
Coller International Partners VI, L.P.unresolved2010$75.3M$82.9M$132M$3.0M14.1%1.63xDec 31, 2025 pa.gov
Avenue Special Situations Fund VI, L.P.unresolved2010$75.0M$76.9M$77.7M$3.0M1.1%1.05xDec 31, 2025 pa.gov
Catterton Growth Partners II, L.P.unresolved2013$75.0M$92.8M$37.7M$37.6M-2.8%0.81xDec 31, 2025 pa.gov
Clearlake Flagship Plus Partners, L.P.unresolved2020$75.0M$73.2M$26.0M$62.9M6.7%1.21xDec 31, 2025 pa.gov
Denham Commodity Partners Fund VI, L.P.unresolved2011$75.0M$92.0M$53.0M$26.0M-3.5%0.86xDec 31, 2025 pa.gov
Incline Elevate Fund, L.P.unresolved2019$75.0M$77.8M$110M$84.9M92.7%2.51xDec 31, 2025 pa.gov
Insight Opportunities Fund I, L.P.unresolved2020$75.0M$72.8M$21.2M$64.8M4.4%1.18xDec 31, 2025 pa.gov
Sterling Capital Partners, L.P.unresolved2002$75.0M$84.2M$166M$600,00017.7%1.97xDec 31, 2025 pa.gov
Webster Capital IV, L.P.unresolved2018$75.0M$91.2M$106M$69.4M16.7%1.93xDec 31, 2025 pa.gov
Searchlight Capital II, L.P.unresolved2015$74.0M$86.1M$114M$42.8M19.7%1.82xDec 31, 2025 pa.gov
Blue Point Capital Partners IV, L.P.unresolved2018$70.0M$82.1M$52.7M$60.1M8.1%1.37xDec 31, 2025 pa.gov
Milestone Partners IV, L.P.unresolved2011$70.0M$82.4M$104M$11.5M8.0%1.40xDec 31, 2025 pa.gov
Equistone Partners Europe Fund V E, L.P.unresolved2015$69.4M$79.0M$99.5M$9.3M6.4%1.38xDec 31, 2025 pa.gov
Incline Equity Partners III (PSERS), L.P.unresolved2011$65.0M$70.2M$190M$200,00034.9%2.71xDec 31, 2025 pa.gov
Clearlake Capital Partners IV, L.P.unresolved2015$57.5M$90.7M$151M$26.1M26.6%1.95xDec 31, 2025 pa.gov
Milestone Partners FS 2, L.P.unresolved2019$55.8M$61.0M$70.1M$20.3M18.8%1.48xDec 31, 2025 pa.gov
Insight Partners XII Buyout Annex Fund, L.P.unresolved2021$50.0M$47.0M$100,000$60.4M8.1%1.28xDec 31, 2025 pa.gov
PA Portfolio Advisors Secondary Fund, L.P.unresolved2020$50.0M$36.8M$12.7M$51.4M13.4%1.74xDec 31, 2025 pa.gov
Gasherbrum Fund II, L.P.unresolved2024$39.7M$39.4M$13.2M$32.6M11.3%1.16xDec 31, 2025 pa.gov
Hahn & Company III-S L.P.unresolved2018$37.5M$39.0M$10.6M$46.5M9.3%1.46xDec 31, 2025 pa.gov
Stellex Capital III Co-Invest, L.P.unresolved2025$33.0M$6.7M$6.6M0.99xDec 31, 2025 pa.gov
Crown CG Private Equity Fund 2019S, L.P.unresolved2020$20.5M$16.5M$16.9M$12.9M19.0%1.81xDec 31, 2025 pa.gov
Dated commitments
0 with a closing date
This plan discloses a standing book, not dated closings. Dated commitments come from a plan’s monthly transaction report (New York Common publishes one).