Insight Partners XII Buyout Annex Fund

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

NYC Fire Pension Fund: New York City Fire Pension Fund Private Equity Quarterly Report (Public): Private Equity Portfolio, as of March 31, 2026. From the Private Equity Quarterly Report (Public) in the fund's quarterly investment meeting package, prepared by its private equity consultant and published by the New York City Comptroller's Bureau of Asset Management. The schedule's column is labeled "IRR", not net or gross; the report calls the portfolio figure in that column (11.4%) a "since inception net IRR", says performance information is "net of fees and expenses charged by the underlying investment, but gross of StepStone vehicle/account fees and expenses", and says the IRRs are calculated by the consultant from information provided by the general partners. TVPI is the printed "Multiple" (it equals (distributed capital + market value) / contributed capital); total value = distributed capital + market value and DPI = distributed capital / contributed capital are computed. Contributed is the report's "Contributed Capital" and vintage its "Vintage Year". IRR is blank where the report prints NM (40 funded investments; the report says performance of funds with less than two years of activity is not considered meaningful) or N/A (no funded rows); 15 commitments have nothing contributed yet, and 4 rows carry a negative market value as printed. All 177 rows of the schedule, which it heads "Active Investments", are included: funds, co-investment vehicles and emerging manager program vehicles, each program being one row without the funds it holds (the schedule gives no strategy per row; the report's summary counts 203 active investments). Their market values add up to the printed Total Portfolio market value ($2,083,528,706); exited investments are not listed, and the Total Portfolio's $5,045,236,597 committed includes them, against $3,877,199,933 for the rows shown. The 3 commitments the report lists as closed after the as-of date are not included. Real estate, infrastructure and credit are reported separately and are not imported. View source

NYC Police Pension Fund: New York City Police Pension Fund Private Equity Quarterly Report (Public): fund schedule, as of March 31, 2026. From the Private Equity Quarterly Report (Public) in the fund's quarterly investment meeting package, a portfolio report that carries Aksia's legend, published by the New York City Comptroller's Bureau of Asset Management. The report is dated "As Of Mar-2026", taken here as that month's last day. The schedule's return column is headed "Current Quarter IRR"; the footnote to its PME Spread column calls it "the Net IRR", and the portfolio figure in that column is 11.0%. TVPI is the printed "Multiple" (it equals (total distributions + market value) / total contributions); total value = total distributions + market value and DPI = total distributions / total contributions are computed. Contributed is the report's "Total Contributions" and vintage its "Vintage". IRR is blank where the report prints n.m. (55 investments; the report says IRR is not meaningful for investments held less than 24 months) or leaves the cell empty (3 investments: Celtic Pharmaceutical Holdings; Markstone Capital Partners; Medica III); the multiple is blank where the report prints n.m. (18 investments with nothing contributed) and, here, for 1 investment whose contributions are negative as printed (Warburg Pincus Financial Sector III), since a multiple of negative contributions is not a return multiple; 2 rows carry a negative market value as printed. Included are 213 active investments and 165 investments the schedule marks "Liquidated" (none has a remaining market value): funds, co-investment vehicles and emerging manager vehicles (the schedule gives no strategy per row). The schedule also has 4 rows (NYCP - 2012 Emerging Manager Program; NYCP - 2015 Emerging Manager Program; NYCP - 2019 Emerging Manager Program; NYCP - Evergreen Emerging Manager Program) for program vehicles whose funds it lists one by one: the other 378 rows add up to the printed Total Portfolio ($13,668,939,880 committed, $5,838,773,651 market value), and the 213 of them not marked liquidated match the report's count of 213 active investments, so those program rows are left out rather than counted twice. Real estate, infrastructure and credit are reported separately and are not imported. View source

NYC Employees' Retirement System (NYCERS): New York City Employees' Retirement System Private Equity Quarterly Report (Public): Private Equity Portfolio, as of December 31, 2025. From the Private Equity Quarterly Report (Public) in the system's quarterly investment meeting package, prepared by its private equity consultant and published by the New York City Comptroller's Bureau of Asset Management. The schedule's column is labeled "IRR", not net or gross; the report calls the portfolio figure in that column (10.5%) a "since inception net IRR", says performance information is "net of fees and expenses charged by the underlying investment, but gross of StepStone vehicle/account fees and expenses", and says the IRRs are calculated by the consultant from information provided by the general partners. TVPI is the printed "Multiple" (it equals (distributed capital + market value) / contributed capital); total value = distributed capital + market value and DPI = distributed capital / contributed capital are computed. Contributed is the report's "Contributed Capital" and vintage its "Vintage Year". IRR is blank where the report prints NM (44 funded investments; the report says performance of funds with less than two years of activity is not considered meaningful) or N/A (1 funded row: CVC Capital Partners IX (A)); 19 commitments have nothing contributed yet, and 5 rows carry a negative market value as printed. All 183 rows of the schedule, which it heads "Active Investments", are included: funds, co-investment vehicles and emerging manager program vehicles, each program being one row without the funds it holds (the schedule gives no strategy per row; the report's summary counts 207 active investments). Their market values add up to the printed Total Portfolio market value ($9,417,505,914); exited investments are not listed, and the Total Portfolio's $22,291,644,425 committed includes them, against $15,631,237,310 for the rows shown. The 2 commitments the report lists as closed after the as-of date are not included. Real estate, infrastructure and credit are reported separately and are 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

NYC Teachers' Retirement System: Teachers' Retirement System of the City of New York Private Equity Quarterly Report (Public): Performance Summary by Investment, as of December 31, 2025. From the Private Equity Quarterly Report (Public) in the system's quarterly investment meeting package, prepared by its private equity consultant and published by the New York City Comptroller's Bureau of Asset Management with a one-quarter lag. The schedule's column is labeled "IRR", not net or gross; the report calls the portfolio figure in that column (11.02%) the "Portfolio Net IRR, net of General Partner fees and gross of Hamilton Lane fees", and says the calculations are made by the consultant from general partners' cash flows and valuations. TVPI is the printed "Multiple" (it equals (distributed capital + market value) / paid-in capital); total value = distributed capital + market value and DPI = distributed capital / paid-in capital are computed. Contributed is the report's "Paid-In Capital" and vintage its "Vintage Year". IRR is blank where the report prints N/M (42 funded investments; the report says performance for funds with less than 8 quarters of activity is not yet meaningful) or N/A (4 funded rows, which also have no multiple: NYCTRS - 2012 Emerging Manager Program; NYCTRS - 2015 Emerging Manager Program; NYCTRS - 2019 Emerging Manager Program; NYCTRS - Evergreen Emerging Manager Program); 21 commitments have nothing paid in yet, and 4 rows carry a negative market value as printed. All 185 rows of the schedule are included, as classified by the system (buyout, growth, venture, secondaries, co-investments and emerging manager program vehicles, each program being one row without the funds it holds); they add up to its printed Total Active Investments ($16,718,215,627 committed). Exited investments are reported only as one total ($5,073,642,420 committed) and are not included, nor are the 2 commitments the report lists as closed after the as-of date. Real estate, infrastructure and credit are reported separately and are not imported. View source

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

NYC Board of Education Retirement System (BERS): New York City Board of Education Retirement System Performance Overview: Alternative Assets Manager Performance Detail, Private Equity, as of September 30, 2024. From the "Alternative Assets Manager Performance Detail" appendix of the quarterly Performance Overview in the system's investment meeting package, published by the New York City Comptroller's Bureau of Asset Management; the table says its information is provided by the system's consultants and runs one quarter behind the overview. This is the newest package in the library with a private equity table: 3 newer quarterly packages are without one. The return column is labeled "ITD IRR%" (inception to date), not net or gross; the table's total row gives 13.1%. TVPI is the printed "Investment Multiple" (it equals (distributions + market value) / contributions); total value = distributions + market value and DPI = distributions / contributions are computed. Vintage is the report's "Vintage Year (Cash Flow)". IRR is blank where the report prints n.m. (1 investment) or leaves the cell empty (5 commitments with nothing contributed, for which the report prints a multiple of 0.00, left blank here); 3 rows carry a negative market value as printed. All 133 rows of the private equity table, which it heads "TOTAL ACTIVE", are included: funds, co-investment vehicles and emerging manager program vehicles, each program being one row without the funds it holds (the table gives no strategy per row). Their commitments, contributions and distributions add up to the printed TOTAL PRIVATE EQUITY ($1,945,546,444 committed); their market values add up to $1,212,029,767, $575,330 more than the printed total of $1,211,454,437, a difference in the report itself (each row's market value agrees with its printed multiple). The appendix's real estate, infrastructure and opportunistic fixed income tables 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.