FOUNDATION CAPITAL XI

About this data

Montana Board of Investments: Montana Board of Investments Investment Holdings: Private Investments Asset Class, as of December 31, 2025. Holdings only: the Board's unaudited Investment Holdings report lists each security of the pension pool's Private Investments asset class with one amount, its market value in US dollars (whole dollars as printed). It reports no commitment, contributions, distributions, vintage year, multiple or IRR per fund, so those are blank; nothing is derived or estimated. Names are as printed (capitals, abbreviated). Every fund in the Private Investments table is included as the Board classifies it; the table does not separate buyout, venture, secondaries, co-investment, distressed and private credit funds. The table's lines add up to its Grand Total of $2,792,584,413 (to within rounding), which is the Private Investments market value in the report's pension asset class summary. 4 lines of the table are not private funds and are left out (COMMERCE.COM INC, ISHARES CORE S+P SMALL CAP ETF, PAYABLE/RECEIVABLE, STATE STREET BANK + TRUST CO; $26,226,359 together). The Real Assets and Real Estate tables are not imported. View source

Fire and Police Pension Association of Colorado (FPPA): FPPA Annual Report: Asset Allocation by Category and Investment Manager, Private Capital, as of December 31, 2025. Holdings only: the annual report's "Asset Allocation by Category and Investment Manager" schedule lists each Private Capital fund of the Fire & Police Members' Benefit Investment Fund with its management fees for the year, a "1 Year Net Return %" and "Total Assets" at year-end. Total Assets is shown here as the market value, in whole dollars as printed. The report gives no commitment, contributions, distributions, vintage year, multiple or IRR per fund, so those are blank; nothing is derived or estimated. The one-year return is not an IRR (the report says its performance calculations use time-weighted rates of return, net of fees unless otherwise indicated) and is not imported; FPPA prints none for 47 funds (hired during the year, or "Not Meaningful": it does not report returns for illiquid partnership investments with less than 36 months of history). Fund names are printed in a shortened form and are shown as printed, without the report's footnote marks. All 168 funds of the Private Capital class are included as FPPA classifies them (the notes to the financial statements also count 168 Private Capital funds, "with exposure to buyout funds, venture capital and special situations"); it does not separate buyout, venture, secondaries, special situations and private credit funds. They add up to the report's Total Private Capital of $1,951,118,339 (and $22,648,007 of management fees). The schedule's Real Assets and Real Estate classes and its public-market managers are not imported. View source

Teachers' Retirement System of the State of Illinois (TRS): TRS Annual Comprehensive Financial Report, fiscal year 2025: Investment Assets Under Management, Private Equity, as of June 30, 2025. TRS lists each private equity partnership with one amount, its "Assets" at the fiscal year end, in the schedule "Investment Assets Under Management" of its Annual Comprehensive Financial Report (shown here as the market value, in whole dollars as printed). It reports no commitment amount, contributions, distributions, vintage year, multiple or IRR per fund, so committed, paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. All 263 entries under the schedule's "Private Equity" heading are included as TRS classifies them (buyout, growth, venture, co-investment and separately managed vehicles; 53 are "Annex" entries that TRS lists separately beside a fund of the same manager); the Public Equity, Real Assets, Income and Diversifying Strategies groups are not imported. The entries add up to $12,776,014,572, which equals the fair value of private equity partnerships in the notes to the report's financial statements ($12,776,014,570). The schedule's own note says it does not include managers terminated before June 30, 2025 with residual assets in the account. 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.