IVP

Overview

2026 reports say IVP is raising a roughly $1.8B successor fund; no close was confirmed.

Notable portfolio companies

• Coinbase
• CrowdStrike
• Datadog
• Dropbox
• Slack
• Snap
• Discord
• Netflix

Funds

LPs on the record

11 private foundations list on their latest IRS Form 990-PF, and 15 other LPs report holding IVP’s funds.

• The Bush Foundation Private foundation · 6 funds
• The Leon Levine Foundation Private foundation · 6 funds
• Alaska Permanent Fund Corporation (APFC) Sovereign wealth fund · 5 funds

23 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.

Firms whose LPs overlap

The firms sharing the most LPs on record with IVP, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.

• Valhalla Partners 3 LPs in common
• Canaan Partners 5 LPs in common
• Longitude Capital Management Co., LLC 4 LPs in common
• Ovp Management Co., LLC 4 LPs in common
• Trident Capital, Inc. 3 LPs in common
• Atlas Venture 4 LPs in common

Find LPs for IVP and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.

Track record

A score of 59 out of 100 from 4 of the 10 funds public LPs report, 2 of them in the top half of their vintage. Its ranked funds’ median TVPI is 1.55x and median DPI 1.41x. Pooled where reports give cash flows: 1.96x TVPI, 1.15x DPI. That ranks it 39th of 123 managers with a score.

Each fund once, as the latest of 9 LPs’ reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.

Reported fund performance

As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.

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

CalSTRS: CalSTRS Private Equity Portfolio Performance, as of June 30, 2025. Since-inception IRR as calculated by CalSTRS from its own cash flows with each partnership; CalSTRS does not label it net or gross; because it is computed from CalSTRS's own contributions and distributions, it is after the partnership's fees and carried interest. CalSTRS says IRRs in a partnership's first three years are not meaningful. CalSTRS reports no multiple: TVPI = (distributed + market value) / contributed and DPI = distributed / contributed are computed. IRR is blank for commitments with no capital contributed. 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

Teachers' Retirement System of the State of Illinois (TRS): TRS Annual Comprehensive Financial Report, fiscal year 2025: Investment Assets Under Management, Private Equity, as of June 30, 2025. TRS lists each private equity partnership with one amount, its "Assets" at the fiscal year end, in the schedule "Investment Assets Under Management" of its Annual Comprehensive Financial Report (shown here as the market value, in whole dollars as printed). It reports no commitment amount, contributions, distributions, vintage year, multiple or IRR per fund, so committed, paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. All 263 entries under the schedule's "Private Equity" heading are included as TRS classifies them (buyout, growth, venture, co-investment and separately managed vehicles; 53 are "Annex" entries that TRS lists separately beside a fund of the same manager); the Public Equity, Real Assets, Income and Diversifying Strategies groups are not imported. The entries add up to $12,776,014,572, which equals the fair value of private equity partnerships in the notes to the report's financial statements ($12,776,014,570). The schedule's own note says it does not include managers terminated before June 30, 2025 with residual assets in the account. View source

LACERA: LACERA Private Markets Holding Report (Private Equity), as of March 31, 2026. "ITD IRR" (inception to date) and "Investment Multiple" as printed by LACERA, which does not label the IRR net or gross and does not say in the report how or by whom it is calculated or when it is not meaningful, so IRRs of very young funds are shown as printed. The Investment Multiple equals (distributions + market value) / contributions and is used as TVPI; total value = distributions + market value and DPI = distributions / contributions are computed. Dollar amounts are rounded to whole dollars. Only holdings LACERA classes as Private Equity are included (not its real estate, hedge fund, illiquid credit or real assets holdings). 9 commitments with nothing contributed yet have no market value, multiple or IRR, and 3 new commitments are listed without any amounts. 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

New Jersey Division of Investment: New Jersey Division of Investment Reporting Package: Alternative Investments, Common Pension Funds E and A (Private Equity), as of May 31, 2026. The Division's schedule has no IRR column, so IRR is blank. TVPI is the Division's printed Total Value Multiple (total value / amount contributed; blank where nothing has been contributed) and total value is its Total Value column (current market value + total distributed); DPI = total distributed / amount contributed is computed. Per the Division: amount contributed is not adjusted for recallable distributions and includes returned unused capital; total distributed includes recallable proceeds; market values are the most recent quarterly values reported by the general partners, adjusted for cash flows through month-end. The Division lists an inception date rather than a vintage year; its year is used as the vintage (blank for 1 fund listed without one). 11 euro-denominated funds are shown in US dollars at the Division's month-end exchange rate. Private Equity sections of both schedules as classified by the Division (including co-investment, secondaries, distressed and mezzanine vehicles); Private Credit, Real Estate, Real Assets and Hedge Funds are not imported. Strategy subtotals and parent rows of multi-tranche vehicles are not imported; each tranche is listed. The Division's subtotals include commitments that it does not list as rows, which are therefore missing here: $600,000,000 under "Distressed Debt" in Common Pension Fund E. View source

New York State Common Retirement Fund: New York State Common Retirement Fund Asset Listing (Private Equity), as of March 31, 2026. The Fund's annual asset listing (fiscal year-end, March 31) reports commitment date, capital committed, capital contributed, cumulative distributions, fair value and total value for each private equity holding, in whole dollars. It reports no IRR, no multiple and no vintage year, so IRR and vintage are blank (the commitment date is not used as a vintage). Total value is the Fund's Total Value column (cumulative distributions + fair value); TVPI = total value / capital contributed and DPI = cumulative distributions / capital contributed are computed, and are blank for the 14 commitments with nothing contributed yet. All 378 rows of the Private Equity section are included, as classified by the Fund (buyout, growth, venture, co-investment and fund-of-funds vehicles, and some credit-named funds); they add up to its printed Total Private Equity Investments ($71,678,717,564 committed). 13 funds are marked by the Fund as liquidated during the fiscal year and have no remaining fair value. Not imported: one row listed after that total that is not a fund (Pursuit (formerly known as New York Business Development Corporation), $200,000,000 committed); the underlying funds of the Fund's captive funds of funds, which the listing shows separately with only a vintage year and the fund of funds' commitment (some unnamed, some in euros or pounds), while the funds of funds themselves are included; and the Opportunistic/ARS, Real Assets, Credit and Real Estate sections. View source

Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS): PSRS/PEERS Annual Comprehensive Financial Report: Private Equity Partnerships, as of June 30, 2025. Holdings only: the Private Equity Partnerships table of the Systems' Annual Comprehensive Financial Report lists each manager's fund family on one row, naming the funds held together (for example several consecutive funds of one series), with an investment strategy and one combined "Fair Value" at the June 30 fiscal year-end, shown here as the market value in whole dollars as printed. The report says the Systems were invested in 278 separate partnerships with 91 firms in the Private Equity asset class; the table has 104 rows, so a row can stand for several partnerships and its value is their total. It reports no commitment, contributions, distributions, vintage year, multiple or IRR per row, so committed, paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. The report says fair values are reported by the Systems' private equity advisors and reflect the most current net asset values, cash-flow adjusted through June 30 where a net asset value was older. Every partnership row is included as classified by the Systems (8 Venture Capital, 8 debt-related (distressed, opportunistic, mezzanine) and 1 Fund-of-Funds, the discretionary fund-of-funds relationship reported under its manager's name, alongside acquisition, special situations and secondary funds); the table's "Stock distribution account" and "Cash and Equivalents" rows are left out. The rows add up to the table's printed Total of $10,632,702,691. The separate Private Credit and Private Real Estate partnership tables are not imported. View source