Insight Venture Partners VIII
Insight Partners Vintage 2013 Reported by Washington State Investment Board, Los Angeles City Employees' Retirement System (LACERS), Pennsylvania SERS, Alaska Permanent Fund Corporation (APFC)
What each LP reports
| LP | As of | Committed | Paid in | Distributed | Remaining value | Net IRR | TVPI | DPI | Paid in vs. value |
|---|---|---|---|---|---|---|---|---|---|
| Washington State Investment Board | 2026-03-31 | $150M | $165M | $392M | $127M | 20.0% | 3.14x | 2.37x | |
| Los Angeles City Employees' Retirement System (LACERS) | 2025-12-31 | $20M | $21M | $51M | $18M | 20.2% | 3.34x | 2.47x | |
| Pennsylvania SERS | 2025-12-31 | $50M | $55M | $127M | $52M | 20.3% | 3.26x | 2.32x | |
| Alaska Permanent Fund Corporation (APFC) | 2025-12-31 | $65M | — | — | — | N/M | — | — |
Paid in Distributed Remaining value
2013 vintage in Washington State Investment Board’s portfolio
All 13 funds of vintage 2013 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 | Silver Lake Partners IV, L.P. | 20.2% | 2.71x | 1.86x |
| 2 | Insight Venture Partners VIII, L.P. | 20.0% | 3.14x | 2.37x |
| 3 | KKR North America Fund XI, L.P. - Second Commitment | 19.2% | 2.27x | 2.11x |
| 4 | Towerbrook Investors IV, L.P. | 17.1% | 2.06x | 1.77x |
| 5 | DCPF VI Oil and Gas Coinvestment Fund LP | 15.8% | 1.61x | 1.61x |
| 6 | Affinity Asia Pacific Fund IV, L.P. | 13.7% | 1.65x | 1.30x |
| 7 | Nordic Capital Fund VIII, L.P. | 12.2% | 1.59x | 1.35x |
| 8 | FountainVest China Growth Capital Fund II, L.P. | 11.3% | 1.41x | 1.36x |
| 9 | Riverside Capital Appreciation Fund VI, L.P. | 9.7% | 1.42x | 1.23x |
| 10 | Oaktree Opportunities Fund IX, L.P. | 8.1% | 1.90x | 1.49x |
| 11 | Triton Fund IV, L.P. | 7.2% | 1.39x | 1.39x |
| 12 | EIG Energy Fund XVI, L.P. | 2.8% | 1.14x | 0.77x |
| 13 | KKR Asian Fund II, L.P. | -1.2% | 0.96x | 0.86x |
2013 vintage in Los Angeles City Employees' Retirement System (LACERS)’s portfolio
All 12 funds of vintage 2013 in Los Angeles City Employees' Retirement System (LACERS)’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 | DFJ Growth 2013 | 34.3% | 8.22x | 4.83x |
| 2 | Insight Venture Partners VIII | 20.2% | 3.34x | 2.47x |
| 3 | Blue Sea Capital Fund I | 18.8% | 2.39x | 1.96x |
| 4 | Levine Leichtman Capital Partners V | 17.1% | 2.25x | 2.22x |
| 5 | Energy Capital Partners III | 13.3% | 1.88x | 1.45x |
| 6 | Vista Foundation Fund II | 13.3% | 1.99x | 1.58x |
| 7 | High Road Capital Partners Fund II | 11.9% | 1.59x | 1.35x |
| 8 | Apollo Investment Fund VIII | 8.4% | 1.47x | 1.24x |
| 9 | Spire Capital Partners III | 8.1% | 1.55x | 0.85x |
| 10 | Providence Debt Fund III | 5.9% | 1.30x | 1.23x |
| 11 | EIG Energy Fund XVI | 2.8% | 1.15x | 0.76x |
| 12 | Ascribe Opportunities Fund III | -20.2% | 0.84x | 0.84x |
2013 vintage in Pennsylvania SERS’s portfolio
All 8 funds of vintage 2013 in Pennsylvania SERS’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 | Eureka Growth Capital III | 43.9% | 2.79x | 2.77x |
| 2 | Platinum Equity Capital Partners III | 37.4% | 2.11x | 2.04x |
| 3 | Incline Equity Partners III | 33.9% | 2.62x | 2.62x |
| 4 | Insight Venture Partners VIII | 20.3% | 3.26x | 2.32x |
| 5 | LBC Credit Partners III | 8.2% | 1.29x | 1.19x |
| — | FSN Capital IV | N/M | — | 2.12x |
| — | H.I.G. Bayside Loan Opp. Fund III | N/M | — | 1.17x |
| — | Oaktree Opportunities Fund IX | N/M | — | 1.25x |
2013 vintage in Alaska Permanent Fund Corporation (APFC)’s portfolio
All 19 funds of vintage 2013 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 |
|---|---|---|---|---|
| — | Battery Ventures X LP | N/M | — | — |
| — | Battery Ventures X Side Fund LP | N/M | — | — |
| — | Boyu Capital Fund II LP | N/M | — | — |
| — | Capitalworks Private Equity Fund II LP | N/M | — | — |
| — | Carlyle International Energy Partners LP | N/M | — | — |
| — | Carlyle Partners VI LP | N/M | — | — |
| — | DCM Ventures China Fund (DCM VII) LP | N/M | — | — |
| — | GTCR Fund XI/A LP and GTCR Fund XI/B LP & Subsidiary | N/M | — | — |
| — | Insight Venture Partners VIII LP | N/M | — | — |
| — | KPS Special Situations Fund IV LP | N/M | — | — |
| — | Marlin Equity IV LP | N/M | — | — |
| — | NG Capital Partners II LP | N/M | — | — |
| — | Permira V LP1 | N/M | — | — |
| — | Spark Capital IV LP | N/M | — | — |
| — | TCV VIII LP | N/M | — | — |
| — | TDR Capital III 'B' LP | N/M | — | — |
| — | Vista Foundation Fund II LP | N/M | — | — |
| — | Warburg Pincus Private Equity XI LP | N/M | — | — |
| — | WestView Capital Partners III LP | N/M | — | — |
Other reported funds by this firm
About this data
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
Los Angeles City Employees' Retirement System (LACERS): LACERS Private Equity Portfolio Performance Report, as of December 31, 2025. "Net IRR" and "Net TVPI" as printed in the fund-by-fund appendix of the Private Equity Portfolio Performance Report that LACERS posts semiannually (prepared on its private equity consultant's template; the cover gives www.aksia.com). The report defines TVPI as (cumulative distributions + fair market value) / cumulative contributions and labels IRRs of investments held less than two years "n.m."; 27 funds have no IRR (n.m., or "-" in the report) and 14 have no multiple ("-", mostly commitments with nothing contributed yet), all shown as blank. Dollar amounts are whole US dollars as reported (inception-to-date contributions and distributions). Total value = distributions + fair market value, and DPI = distributions / contributions, are computed. All 408 partnerships in the report are included: 305 active and 103 liquidated (no remaining fair market value), of which 23 are in LACERS' Specialized Portfolio and the rest in its Core Portfolio. LACERS counts 36 Credit/Distressed and 15 Natural Resources (energy) partnerships as private equity in this report, alongside buyout, growth equity, venture capital, secondaries, co-investment and fund-of-funds vehicles; its separate private credit and real estate reports are not imported. View source
Pennsylvania SERS: SERS Quarterly Private Equity Board Update, Schedule of Investments by Sector, as of December 31, 2025. IRR and TVM (total value multiple) as reported by SERS in a quarterly update prepared by StepStone Group. The schedule's column is headed "IRR"; the report says "Net IRR is net of managers' fees, expenses, and carried interest" and that, unless otherwise indicated, performance is net of fees and expenses charged by the underlying investment but gross of StepStone vehicle/account fees and expenses. It also says the figures were prepared by StepStone on behalf of SERS and not provided by any general partner, and that IRR and TVM for certain vehicles may have been impacted by subscription-backed credit facilities. Total value = market value + distributions; TVPI is SERS's TVM recomputed to two decimals from the reported amounts (SERS prints one decimal) and DPI = distributions / contributions is computed. SERS marks some partnerships NM ("Not Meaningful", no rule stated) and leaves the TVM and IRR cells, and usually the market value, empty for 29 others; those fields are blank here. Covers the buyout, growth equity and special situations partnerships on the schedule; the Keystone Legacy Fund line (SERS's pooled non-core legacy funds) and the separate legacy private credit schedule are not included. Commitments to non-USD funds reflect current exchange rates. 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
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.