Canaan Partners

Funds

LPs on the record

2 private foundations list on their latest IRS Form 990-PF, and 10 other LPs report holding Canaan Partners’s funds.

• Alaska Permanent Fund Corporation (APFC) Sovereign wealth fund · 7 funds
• UFCW Consolidated Pension Fund Union pension plan · 4 funds
• Employees' Retirement System of the State of Hawaii (HIERS) Public pension plan · 3 funds

9 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.

Firms whose LPs overlap

The firms sharing the most LPs on record with Canaan Partners, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.

• Alsop Louie Partners 2 LPs in common
• SignalFire 2 LPs in common
• Battery Ventures 6 LPs in common
• Trident Capital, Inc. 3 LPs in common
• Balderton Capital 2 LPs in common
• Northedge Capital LLP 2 LPs in common

Find LPs for Canaan Partners and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.

Track record

A score of 53 out of 100 from 3 of the 9 funds public LPs report, 2 of them in the top half of their vintage. Its ranked funds’ median TVPI is 2.00x and median DPI 0.55x. Pooled where reports give cash flows: 1.47x TVPI, 0.37x DPI. That ranks it 59th of 123 managers with a score.

Each fund once, as the latest of 5 LPs’ reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.

Reported fund performance

As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.

Alaska Permanent Fund Corporation (APFC): APFC Private Equity Report: Private Equity Fund Commitments & Direct Investments / Co-Investments, as of December 31, 2025. APFC's quarterly Private Equity report ("Private Equity Fund Commitments & Direct Investments / Co-Investments") lists each fund with only its currency, "Vintage Year" and "Commitment (USD)", shown here in whole US dollars as printed. It reports no contributions, distributions, market value, multiple or IRR per fund, so paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. All 454 entries of the report's "Fund Investments" list are included ($17,570,561,197 committed); 15 have the vintage year "TBD" (blank here) and 45 are commitments in another currency that APFC states in US dollars. The report's separate "Direct Investments / Co-Investments" list (56 entries, $2,792,151,600: portfolio companies, co-investment vehicles and manager stakes) is not imported. The two lists add up to the report's printed Total Commitments of $20,362,712,795. For the whole portfolio, including liquidated investments, the report prints Cumulative Contributions of $20,951,089,446, Cumulative Distributions of $22,493,801,627 and a Remaining Fair Market Value of $15,555,575,745. APFC is a state-owned corporation that manages the Alaska Permanent Fund, not a pension plan; its separate Private Income report is not imported. View source

CalPERS: CalPERS Private Equity Program Fund Performance, as of December 31, 2025. Net IRR and investment multiple as reported by CalPERS. N/M (not meaningful) for funds in early years is shown as blank. View source

Employees' Retirement System of the State of Hawaii (HIERS): HIERS Private Equity Partnerships: Performance Summary by Investment, as of March 31, 2026. ERS posts a quarterly "Performance Summary by Investment" of its private equity partnerships in which only "Capital Committed", "Paid-In Capital" and "Reported Market Value" (with the date of that value) are filled in; the Capital Distributed, Remaining Cost, Net IRR and TVM columns are empty in the published version. So committed, paid-in and market value are shown, in whole US dollars as printed, and distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. The report says paid-in capital includes both commitment and non-commitment reducing capital calls, that cash flows are HIERS' actual cash paid and received, and that market values reflect HIERS' unrealized interest in each investment. "Vintage Year" is as printed. All 371 investments are included as ERS classifies them by strategy (61 Buyout - Large, 42 Buyout - Mega, 59 Buyout - Mid, 13 Buyout - Small, 3 Co/Direct Investment, 6 Distressed Debt, 40 Growth Equity, 10 Mezzanine, 2 Secondaries, 10 Special Situations, 125 Venture Capital), in the report's blocks: Core (334), Stafford Capital Management - 1 (8), Stafford Capital Management - 2 (11), Stafford Capital Management - 3 (17), Stafford Ho'oulu Fund (1); the Stafford Capital Management blocks list the partnerships held through the Hawaii Targeted Investment Program funds (HiTIP I, II and III) that ERS's Holdings page also reports separately. They add up to the printed Grand Total of $8,371,769,464 committed, $6,707,086,129 paid in and $5,197,639,074 reported market value. 114 investments have no remaining value (liquidated, or not yet called), shown as 0; 9 others carry a value dated before the report date. Each page of the report carries the legend "Institutional Use Only/Not for Public Use | Proprietary and Confidential"; this is the version ERS itself posts on its Holdings page. ERS's separate private credit, real assets and timber reports are not imported. View source

LACERA: LACERA Private Markets Holding Report (Private Equity), as of March 31, 2026. "ITD IRR" (inception to date) and "Investment Multiple" as printed by LACERA, which does not label the IRR net or gross and does not say in the report how or by whom it is calculated or when it is not meaningful, so IRRs of very young funds are shown as printed. The Investment Multiple equals (distributions + market value) / contributions and is used as TVPI; total value = distributions + market value and DPI = distributions / contributions are computed. Dollar amounts are rounded to whole dollars. Only holdings LACERA classes as Private Equity are included (not its real estate, hedge fund, illiquid credit or real assets holdings). 9 commitments with nothing contributed yet have no market value, multiple or IRR, and 3 new commitments are listed without any amounts. View source

Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS): PSRS/PEERS Annual Comprehensive Financial Report: Private Equity Partnerships, as of June 30, 2025. Holdings only: the Private Equity Partnerships table of the Systems' Annual Comprehensive Financial Report lists each manager's fund family on one row, naming the funds held together (for example several consecutive funds of one series), with an investment strategy and one combined "Fair Value" at the June 30 fiscal year-end, shown here as the market value in whole dollars as printed. The report says the Systems were invested in 278 separate partnerships with 91 firms in the Private Equity asset class; the table has 104 rows, so a row can stand for several partnerships and its value is their total. It reports no commitment, contributions, distributions, vintage year, multiple or IRR per row, so committed, paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. The report says fair values are reported by the Systems' private equity advisors and reflect the most current net asset values, cash-flow adjusted through June 30 where a net asset value was older. Every partnership row is included as classified by the Systems (8 Venture Capital, 8 debt-related (distressed, opportunistic, mezzanine) and 1 Fund-of-Funds, the discretionary fund-of-funds relationship reported under its manager's name, alongside acquisition, special situations and secondary funds); the table's "Stock distribution account" and "Cash and Equivalents" rows are left out. The rows add up to the table's printed Total of $10,632,702,691. The separate Private Credit and Private Real Estate partnership tables are not imported. View source