ICONIQ Strategic Partners VI
ICONIQ Growth Vintage 2021 Reported by New Mexico State Investment Council
What each LP reports
| LP | As of | Committed | Paid in | Distributed | Remaining value | Net IRR | TVPI | DPI | Paid in vs. value |
|---|---|---|---|---|---|---|---|---|---|
| New Mexico State Investment Council | 2026-03-31 | $25M | — | — | — | 5.2% | 1.21x | — |
Paid in Distributed Remaining value
2021 vintage in New Mexico State Investment Council’s portfolio
All 12 funds of vintage 2021 in New Mexico State Investment Council’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 | KittyHawk Ventures Fund III, L.P. | 23.4% | 2.08x | — |
| 2 | New Mountain Partners VI, L.P. | 13.5% | 1.51x | — |
| 3 | Scout Ventures Fund III, L.P. | 12.9% | 1.60x | — |
| 4 | JMI Equity Fund X, L.P. | 11.3% | 1.45x | — |
| 5 | Anzu Industrial Capital Partners III QP, L.P. | 10.4% | 1.24x | — |
| 6 | Bridgepoint Development Capital IV L.P. | 9.5% | 1.24x | — |
| 7 | Hellman & Friedman Capital Partners X, L.P. | 8.1% | 1.27x | — |
| 8 | Bain Capital Fund XIII, L.P. | 7.2% | 1.16x | — |
| 9 | TA XIV, L.P. | 5.5% | 1.17x | — |
| 10 | ICONIQ Strategic Partners VI, L.P. | 5.2% | 1.21x | — |
| 11 | TA Select Opportunities Fund II, L.P. | -0.5% | 0.99x | — |
| 12 | Scale Ventures VII, L.P. | -4.7% | 0.84x | — |
Other reported funds by this firm
| Fund | Vintage | Net IRR | TVPI | Versus vintage |
|---|---|---|---|---|
| ICONIQ Strategic Partners VII | 2022 | 19.2% | 1.28x | Second quartile |
| Iconiq Strategic Partners IV | 2019 | 14.5% | 1.81x | Second quartile |
| ICONIQ Strategic Partners VII | — | N/M | 1.28x |
About this data
New Mexico State Investment Council: New Mexico State Investment Council Private Equity Performance Updates: Fund Summaries (Active Funds), as of March 31, 2026. Net IRR and net multiple since inception as printed in the fund summaries of the quarterly performance updates that Mercer prepares for the Council (data source given as Invient), published in the Council's public meeting materials. The fund summaries head the two columns "Net" (Multiple, IRR); their total rows equal the "Net Multiple" and "Net IRR" of active commitments in the reports' dashboards. The net multiple is used as TVPI. The fund summaries give only committed capital, exposure (NAV + unfunded), net multiple and IRR for each fund, so contributions, distributions, total value and DPI are blank; contributions and distributions are reported by program and strategy only. Committed capital is reported in $ millions to one decimal and converted to whole dollars. Vintage year is defined by the reports as the year of the fund's first cash flow. 27 of the newest funds are marked N/A or NM (not defined in the reports) and lack an IRR, a multiple or both. The IRR of The Veritas Capital Fund IX, L.P. is printed as "#######" (not readable) and is blank. Frazier Healthcare Growth Buyout Fund XI, L.P. is printed with a negative multiple, imported as printed. Two reports are combined: the National Private Equity Program (175 active funds, $11,121.7 million committed; 32 Venture Capital, 93 Buyout, 33 Growth, 17 Special Situations) and the Strategic Venture Capital Program and New Mexico Private Equity Investment Program (Legacy) (83 active funds, $2,346.3 million committed; 76 Fund Investments, 5 Co-Investment Funds, 1 Catalyst Fund, 1 Recovery Fund). The second report covers the Council's New Mexico-focused venture and private equity commitments, including its own co-investment, catalyst and recovery vehicles. Active funds only: liquidated and sold funds are reported in aggregate, not by fund. The Private Debt, Real Estate and Real Assets reports in the same materials 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.