Insight Partners XI
Insight Partners Vintage 2020 Reported by Texas Municipal Retirement System, Washington State Investment Board, Colorado Public Employees' Retirement Association (Colorado PERA), Alaska Permanent Fund Corporation (APFC), CalPERS
What each LP reports
| LP | As of | Committed | Paid in | Distributed | Remaining value | Net IRR | TVPI | DPI | Paid in vs. value |
|---|---|---|---|---|---|---|---|---|---|
| Texas Municipal Retirement System | 2026-06-30 | $55M | $54M | $5.7M | $87M | 11.2% | 1.73x | 0.11x | |
| Washington State Investment Board | 2026-03-31 | $200M | $195M | $34M | $295M | 10.9% | 1.69x | 0.18x | |
| Colorado Public Employees' Retirement Association (Colorado PERA) | 2025-12-31 | $65M | $63M | $11M | — | 12.2% | — | 0.18x | |
| Alaska Permanent Fund Corporation (APFC) | 2025-12-31 | $50M | — | — | — | N/M | — | — | |
| CalPERS | 2025-12-31 | $400M | $389M | $38M | $659M | 12.6% | 1.80x | 0.10x |
Paid in Distributed Remaining value
2020 vintage in Texas Municipal Retirement System’s portfolio
All 10 funds of vintage 2020 in Texas Municipal Retirement System’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 | GTCR Fund XIII/A LP and GTCR Fund XIII/B LP | 18.4% | 1.56x | 0.53x |
| 2 | Stellex Capital Partners II LP | 13.7% | 1.58x | 0.33x |
| 3 | Flagship Pioneering – Origination Fund VII, L.P. | 12.9% | 1.41x | 0.09x |
| 4 | HarbourVest TMRS Polaris SMA L.P. (Tranche 1) | 11.8% | 1.50x | 0.39x |
| 5 | Blackstone Strategic Capital Holdings II L.P. | 11.3% | 1.45x | 0.63x |
| 6 | Insight Partners XI, L.P. | 11.2% | 1.73x | 0.11x |
| 7 | Altaris Health Partners V, L.P. | 8.1% | 1.26x | 0.02x |
| 8 | Altimeter Growth Partners Fund V, L.P. | 4.1% | 1.22x | 0.00x |
| 9 | H.I.G. Strategic Partners Fund II, L.P. PE | 3.5% | 1.15x | 0.46x |
| 10 | Dragoneer Opportunities Fund V, L.P. | 0.7% | 1.16x | 0.43x |
2020 vintage in Washington State Investment Board’s portfolio
All 17 funds of vintage 2020 in Washington State Investment Board’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 | Endeavour Capital Fund VI, L.P. - Secondary Purchase | 176.8% | 2.85x | 2.85x |
| 2 | Endeavour Capital Fund V, L.P. - Secondary Purchase | 165.5% | 2.71x | 2.71x |
| 3 | Endeavour Capital Fund VII, L.P. - Secondary Purchase | 25.2% | 1.86x | 1.28x |
| 4 | Searchlight Capital Partners III, L.P. | 21.6% | 1.83x | 0.63x |
| 5 | Jade Equity Investors, L.P. | 17.7% | 1.60x | 0.67x |
| 6 | Menlo Ventures XV, L.P. | 16.0% | 1.80x | 0.00x |
| 7 | Towerbrook Investors V, L.P. | 15.2% | 1.66x | 0.26x |
| 8 | Green Equity Investors VIII, L.P. | 11.4% | 1.57x | 0.39x |
| 9 | Hellman & Friedman Capital Partners IX, L.P. | 11.3% | 1.67x | 0.21x |
| 10 | Madison Dearborn Capital Partners VIII, L.P. | 10.9% | 1.34x | 0.44x |
| 11 | Insight Partners XI, L.P. | 10.9% | 1.69x | 0.18x |
| 12 | Stone Point Fund VIII, L.P. | 10.5% | 1.54x | 0.45x |
| 13 | KKR European Fund V, L.P. - USD | 9.4% | 1.42x | 0.46x |
| 14 | Oaktree Opportunities Fund XI, L.P. | 9.4% | 1.35x | 0.60x |
| 15 | Cinven Seventh Fund | 9.1% | 1.34x | 0.27x |
| 16 | Apax X, L.P. | 8.1% | 1.30x | 0.30x |
| 17 | Permira VII, L.P. | 6.1% | 1.29x | 0.29x |
2020 vintage in Colorado Public Employees' Retirement Association (Colorado PERA)’s portfolio
All 10 funds of vintage 2020 in Colorado Public Employees' Retirement Association (Colorado PERA)’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 | Francisco Partners Agility II | 26.7% | — | 0.92x |
| 2 | W Prime IV, L.P. | 25.2% | — | 1.15x |
| 3 | Longitude Venture Partners IV | 22.0% | — | 0.38x |
| 4 | JLL Partners VIII | 18.9% | — | 0.57x |
| 5 | Coller International Partners VIII, L.P. | 17.3% | — | 0.45x |
| 6 | Lexington Capital Partners IX, L.P. | 14.6% | — | 0.54x |
| 7 | Summit Partners Growth Equity X | 12.3% | — | 0.41x |
| 8 | Insight Partners XI | 12.2% | — | 0.18x |
| 9 | Fortress Credit Opportunities Fund V Expansion | 10.4% | — | 0.44x |
| 10 | Permira VII L.P. | 8.3% | — | 0.12x |
2020 vintage in Alaska Permanent Fund Corporation (APFC)’s portfolio
All 35 funds of vintage 2020 in Alaska Permanent Fund Corporation (APFC)’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 |
|---|---|---|---|---|
| — | Altitude Life Science Ventures Fund IV-A LP | N/M | — | — |
| — | Altitude Life Science Ventures Side Fund IV LP | N/M | — | — |
| — | Carlyle International Energy Partners II SCSP | N/M | — | — |
| — | Charlesbank Credit Opportunities Fund II Limited Partnership | N/M | — | — |
| — | Charlesbank Technology Opportunities Fund Limited Partnership | N/M | — | — |
| — | Crestline AK Advisory Investments II LP | N/M | — | — |
| — | Clearlake Capital Partners VI LP | N/M | — | — |
| — | Fortissimo Capital Fund V LP | N/M | — | — |
| — | Goodwater Infinity I LP | N/M | — | — |
| — | HIG Capital Partners VI LP | N/M | — | — |
| — | HongShan Capital Growth Fund VI LP | N/M | — | — |
| — | HongShan Capital Venture Fund VIII LP | N/M | — | — |
| — | HV Holtzbrinck Ventures Fund VIII Feeder Limited | N/M | — | — |
| — | Index Ventures X (Jersey) LP | N/M | — | — |
| — | Index Ventures Growth V (Jersey) LP | N/M | — | — |
| — | Insight Partners XI LP | N/M | — | — |
| — | Jade Equity Investors LP | N/M | — | — |
| — | KPS Special Situations Fund V LP | N/M | — | — |
| — | KPS Special Situations Mid-Cap Fund LP | N/M | — | — |
| — | L Catterton IX LP | N/M | — | — |
| — | Lightspeed Venture Partners XIII LP | N/M | — | — |
| — | Marlin Heritage Europe II LP | N/M | — | — |
| — | Na'-Nuk Investment Fund LP | N/M | — | — |
| — | Permira VII LP1 | N/M | — | — |
| — | Sequoia Capital Global Growth Fund III - China Annex Fund LP | N/M | — | — |
| — | Sequoia Capital Global Growth Fund III - US/India Annex Fund LP | N/M | — | — |
| — | Sequoia Capital US Growth Fund IX LP | N/M | — | — |
| — | Sequoia Capital US Venture Fund XVII LP | N/M | — | — |
| — | Spectrum Equity IX-A LP | N/M | — | — |
| — | TA Select Opportunities Fund-A LP | N/M | — | — |
| — | Trident VIII LP | N/M | — | — |
| — | Vista Foundation Fund IV LP | N/M | — | — |
| — | Wynnchurch Capital Partners V LP | N/M | — | — |
| — | Y Combinator ES20 LLC | N/M | — | — |
| — | YCC20 LP | N/M | — | — |
2020 vintage in CalPERS’s portfolio
All 22 funds of vintage 2020 in CalPERS’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 | Francisco Partners Agility II, L.P. | 26.7% | 2.20x | 0.92x |
| 2 | Top Castle Sidecar VII, L.P. | 21.9% | 1.70x | 0.37x |
| 3 | Jade Equity Investors, L.P. | 18.4% | 1.60x | 0.66x |
| 4 | Redwood Opportunities SCSp | 16.5% | 1.60x | 0.03x |
| 5 | Forecastle, L.P. | 15.9% | 1.50x | 0.02x |
| 6 | California Partners, L.P. | 14.9% | 1.50x | 0.05x |
| 7 | LongRange Capital Fund I, L.P. | 14.0% | 1.40x | 0.33x |
| 8 | CVC Capital Partners Asia V L.P. | 13.5% | 1.50x | 0.33x |
| 9 | Insight Partners XI, L.P. | 12.6% | 1.80x | 0.10x |
| 10 | Hellman & Friedman Capital Partners IX, L.P. | 12.4% | 1.70x | 0.66x |
| 11 | Summit Partners Growth Equity Fund X-A, L.P. | 12.3% | 1.50x | 0.41x |
| 12 | ASF VIII B L.P. | 12.0% | 1.40x | 0.49x |
| 13 | VIP IV LP | 12.0% | 1.50x | 0.09x |
| 14 | OHA Black Bear Fund, L.P. | 11.7% | 1.60x | 0.74x |
| 15 | Trident VIII, L.P. | 11.4% | 1.60x | 0.65x |
| 16 | KKR European Fund V (USD) SCSp | 10.5% | 1.40x | 0.46x |
| 17 | Oaktree Latigo Investment Fund, L.P. | 10.4% | 1.40x | 0.76x |
| 18 | Green Equity Investors VIII, L.P. | 9.0% | 1.40x | 1.14x |
| 19 | Samson Partners, L.P. | 8.7% | 1.50x | 0.36x |
| 20 | General Atlantic Managed Account | 8.6% | 1.30x | 0.13x |
| 21 | Permira VII L.P.1 | 7.7% | 1.40x | 0.51x |
| 22 | Sierra Partners, L.P. | -5.3% | 0.90x | 0.26x |
Other reported funds by this firm
About this data
Texas Municipal Retirement System: TMRS Private Investment Performance Since Inception (Private Equity), as of June 30, 2026. "Percentage Return" since inception as printed by TMRS for funds whose "Performance Methodology" is "IRR" (internal rate of return). TMRS does not label the IRR net or gross and does not say how or by whom it is calculated or when it is not meaningful, so IRRs of very young funds are shown as printed; it states that the information has not been prepared or approved by any manager or general partner and may not reflect their records. TMRS prints no multiple: total value = amount received + remaining value, TVPI = total value / amount invested and DPI = amount received / amount invested are computed from the reported whole-dollar columns. TMRS lists the date(s) of investment (the dates its commitments were completed, matching its Completed Investments Report) rather than a vintage year; the year of the earliest date is used as the vintage. 3 commitments are stated in euros and their committed amount is left blank (the invested, received and remaining amounts are in dollars). 9 commitments have nothing invested yet and so no IRR or multiples. 1 funded holding has no IRR because TMRS prints no return, or a time-weighted return, for it. Private Equity section only (as classified by TMRS; it includes venture, growth, buyout, co-investments and separately managed accounts); the Credit, Global Equity, Real Assets, Tactical Opportunities and Multi Asset Class sections are not imported. View source
Washington State Investment Board: WSIB Private Equity Portfolio Performance Summary By Strategy, as of March 31, 2026. Net IRR as labeled by WSIB, calculated by Hamilton Lane from general partner cash flows and valuations and not confirmed by the general partners. TVPI is WSIB's total value multiple (B+C)/A recomputed to two decimals from the reported totals (WSIB prints one decimal). WSIB lists an initial investment date rather than a vintage year; its year is used as the vintage (blank for commitments not yet funded). Includes realized and legacy partnerships. View source
Colorado Public Employees' Retirement Association (Colorado PERA): Colorado PERA Private Equity Holdings, as of December 31, 2025. The IRR is the column PERA heads "Colorado PERA's Since Inception IRR"; PERA does not label it net or gross. PERA states that the limited partnership recordkeeping, including the IRR, is maintained internally by PERA for each limited partnership, that its IRR calculation method may differ from the methods used by the general partners or other limited partners, and that none of the information has been reviewed or approved by the general partners. 5 partnerships are marked "NM" (not meaningful) and have no IRR. PERA lists each partnership's vintage year, capital committed ("original primary commitments"), capital contributed and capital distributed in whole dollars, and no fair value or multiple, so total value and TVPI are blank (PERA says disclosure for this asset class is limited to this information, as required by Colorado Revised Statute § 24-51-213(3)); DPI = capital distributed / capital contributed is computed, and is blank for the 5 partnerships whose capital distributed is printed as a negative amount. 41 partnerships carry PERA's footnote "Assets transferred subsequent to 2010 merger of Denver Public Schools Retirement System" and are listed under vintage year 2010, the year of the merger; their vintage is left blank. All 425 rows of PERA's Private Equity list are included, liquidated partnerships among them, as PERA classifies them (buyout, growth, venture, secondaries, co-investments and some credit, mezzanine and energy partnerships); its separate Alternatives, Hedge Funds and Real Estate lists are not imported. View source
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
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.