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Khosla Ventures IV

Khosla Ventures Vintage 2012 Reported by New Jersey Division of Investment

Net IRRN/MNew Jersey Division of Investment, as of May 31, 2026
TVPI4.03xTotal value / paid-in
DPI3.54xDistributions / paid-in
Versus vintage—Not ranked

What each LP reports

LPAs ofCommittedPaid inDistributedRemaining valueNet IRRTVPIDPIPaid in vs. value
New Jersey Division of Investment2026-05-31$25M$25M$87M$12MN/M4.03x3.54x

Paid in Distributed Remaining value

2012 vintage in New Jersey Division of Investment’s portfolio

All 10 funds of vintage 2012 in New Jersey Division of Investment’s report, ranked by net IRR. Private equity, venture, and other strategies are mixed, so treat this as context rather than a strategy benchmark.

#FundNet IRRTVPIDPI
—NB/NJ Custom Investment Fund IIN/M2.37x2.15x
—Sixth Street Opportunities Partners II, L.P.N/M1.77x1.76x
—Roark Capital Partners III L.P.N/M2.14x1.14x
—TPG Growth II, L.P.N/M2.27x1.88x
—Blue Owl GP Stakes NJ Investors, L.P.N/M1.18x0.78x
—Blackstone Capital Partners VI, L.P.N/M1.85x1.75x
—Warburg Pincus Private Equity XI, LPN/M1.70x1.56x
—Blackstone TOP Fund - A (PE) L.P.N/M1.45x1.25x
—Khosla Ventures IV, L.P.N/M4.03x3.54x
—Tenaya Capital VI, L.P.N/M1.01x0.53x

Other reported funds by this firm

FundVintageNet IRRTVPIVersus vintage
Khosla Ventures IX2025N/M0.98x
Khosla Ventures Opportunity III2025N/M1.13x
Khosla Ventures Seed G2025N/M1.01x
Khosla Ventures Opportunity II2023N/M1.26x
Khosla Ventures Seed F2023N/M1.17x
Khosla Ventures VIII2023N/M1.69x
Khosla Ventures Seed D201819.3%2.35xSecond quartile
Khosla Ventures VI201822.7%2.66xTop quartile
Khosla Ventures V201419.9%3.37xThird quartile
Khosla Ventures Seed B201218.0%3.55xTop quartile
Khosla Ventures V201220.8%3.45xTop quartile
Khosla Ventures IV201121.9%4.04xSecond quartile
Khosla Ventures III200910.1%1.90xSecond quartile
Khosla Ventures Seed20091.4%1.18x
Khosla Ventures III—N/M—
Khosla Ventures IV—N/M—
Khosla Ventures IX—N/M—
Khosla Ventures Opportunity I—N/M—
Khosla Ventures Opportunity II—N/M—
Khosla Ventures Opportunity III—N/M—
Khosla Ventures Seed B—N/M—
Khosla Ventures Seed C—N/M—
Khosla Ventures Seed D—N/M—
Khosla Ventures Seed E—N/M—
Khosla Ventures Seed F—N/M—
Khosla Ventures Seed G—N/M—
Khosla Ventures V—N/M—
Khosla Ventures VI—N/M—
Khosla Ventures VII—N/M—
Khosla Ventures VIII—N/M—

About this data

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

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.