Greenoaks Capital Opportunities Fund III
Greenoaks Vintage 2020 Reported by Pennsylvania PSERS
What each LP reports
| LP | As of | Committed | Paid in | Distributed | Remaining value | Net IRR | TVPI | DPI | Paid in vs. value |
|---|---|---|---|---|---|---|---|---|---|
| Pennsylvania PSERS | 2025-12-31 | $100M | $94M | $30M | $164M | 18.7% | 2.07x | 0.32x |
Paid in Distributed Remaining value
2020 vintage in Pennsylvania PSERS’s portfolio
All 15 funds of vintage 2020 in Pennsylvania PSERS’s report, ranked by net IRR. Private equity, venture, and other strategies are mixed, so treat this as context rather than a strategy benchmark.
| # | Fund | Net IRR | TVPI | DPI |
|---|---|---|---|---|
| 1 | Crown CG Private Equity Fund 2019S, L.P. | 19.0% | 1.81x | 1.02x |
| 2 | Greenoaks Capital Opportunities Fund III | 18.7% | 2.07x | 0.32x |
| 3 | Hg Genesis 9 L.P. | 14.1% | 1.51x | 0.41x |
| 4 | PA Portfolio Advisors Secondary Fund, L.P. | 13.4% | 1.74x | 0.35x |
| 5 | Hg Saturn 2 A L.P. | 13.1% | 1.45x | 0.29x |
| 6 | Crown CG Private Equity Fund 2019, L.P. | 11.1% | 1.35x | 0.68x |
| 7 | Clearlake Capital Partners VI, L.P. | 10.1% | 1.46x | 0.25x |
| 8 | Portfolio Advisors Secondary Fund IV, L.P. | 7.8% | 1.30x | 0.24x |
| 9 | Bridgepoint Development Capital IV, L.P. | 6.7% | 1.14x | 0.31x |
| 10 | Clearlake Flagship Plus Partners, L.P. | 6.7% | 1.21x | 0.36x |
| 11 | LLR Equity Partners VI, L.P. | 5.3% | 1.17x | 0.20x |
| 12 | Insight Opportunities Fund I, L.P. | 4.4% | 1.18x | 0.29x |
| 13 | Honeydew Co-Invest, L.P. | 4.1% | 1.18x | 0.00x |
| 14 | Valar Velocity Fund 2 LP | 3.8% | 1.19x | 0.00x |
| 15 | Incline Equity Partners V, L.P. | 0.0% | 1.00x | 0.22x |
Other reported funds by this firm
| Fund | Vintage | Net IRR | TVPI | Versus vintage |
|---|---|---|---|---|
| Greenoaks 6 | 2025 | 16.2% | 1.10x | |
| Greenoaks Capital Opportunities Fund 6 | 2025 | 19.4% | 1.10x | Second quartile |
| Greenoaks Capital Opportunities Fund V | 2023 | 24.4% | 1.32x | Second quartile |
| Greenoaks Capital Opportunities V | 2023 | 24.2% | 1.30x | Second quartile |
| Greenoaks Capital Opportunities Fund V | 2022 | 22.0% | 1.34x | Top quartile |
| Greenoaks Capital Opportunities Fund IV | 2021 | 21.4% | 1.92x | Top quartile |
About this data
Pennsylvania PSERS: PSERS Private Markets Combined Portfolio Report (Private Equity Active Partnerships), as of December 31, 2025. "ITD Net IRR" (inception to date) and TVPI as labeled by PSERS in a report prepared by its private markets consultant, Aksia, which says fund IRRs are as reported by the manager or administrator, or calculated from the cash flows they provide, and may benefit from a fund's use of a subscription line. PSERS marks the IRR not meaningful (n.m., shown as blank) for investments held less than 12 months. Dollar amounts are reported in $ millions to one decimal and converted to whole dollars. Total value = distributions + NAV and DPI = distributions / contributions are computed from those rounded amounts; TVPI is as printed (blank where nothing has been contributed). Active private equity partnerships only: PSERS reports liquidated partnerships and co-investments only as totals, and its real estate, credit, infrastructure and commodities partnerships are not included. 5 partnerships carry a NAV PSERS flags as not up to date. 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.