Bain Capital Venture Coinvestment Fund III

About this data

Maine Public Employees Retirement System (MainePERS): MainePERS Private Market Investments Summary, as of March 31, 2026. "Interim Net IRR" as printed in the Private Equity pages of the Private Market Investments Summary that MainePERS posts each quarter, one quarter in arrears. MainePERS says the figures are based on cash flow information provided by the general partner, use interim estimates, were not prepared, reviewed or approved by the partnerships or general partners, and should not be used to compare returns among funds or limited partners; it reports an IRR only for funds with more than 24 months of history and contributions above 50% of the commitment, and marks the rest "NM" (14 rows, shown as blank). The report gives amounts in thousands of dollars (shown here multiplied by 1,000): Commitment, Amount Contributed, Total Distributions, Current Market Value and Total Value (distributions plus market value). TVPI = Total Value / Amount Contributed and DPI = Total Distributions / Amount Contributed are computed from those rounded amounts. The report gives a date of commitment, which it says is not the date of the first capital draw, and no vintage year, so vintage is blank. All 173 rows MainePERS lists under Private Equity are included as it classifies them (buyout, growth and venture funds, plus a few energy, special-situations and credit-type funds it holds in that class): 138 funds and the 35 co-investments listed under them, named here as "fund: co-investment". Their contributions and distributions add up to the Private Equity line of the report's Asset Class Summary ($5,578,116,000 contributed, $5,810,920,000 distributed, 14.3% interim net IRR for the class); their commitments add up to $5,329,830,000, where that summary line says $5,352,225,000, a difference the report does not explain. Its Alternative Credit, Infrastructure, Natural Resources and Real Estate tables are not imported. View source

Figures are as each LP reports them for its own investment, so they can differ between LPs because of timing, fees, and share class. Not investment advice.