Lux Ventures IX
Lux Capital Vintage 2026 Reported by New Mexico State Investment Council
What each LP reports
| LP | As of | Committed | Paid in | Distributed | Remaining value | Net IRR | TVPI | DPI | Paid in vs. value |
|---|---|---|---|---|---|---|---|---|---|
| New Mexico State Investment Council | 2026-03-31 | $50M | — | — | — | 1.6% | 1.01x | — |
Paid in Distributed Remaining value
2026 vintage in New Mexico State Investment Council’s portfolio
All 20 funds of vintage 2026 in New Mexico State Investment Council’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 | Menlo Venture Select I, L.P. | 54.8% | 1.41x | — |
| 2 | Frist Cressey Ventures Fund IV, L.P. | 23.3% | 1.23x | — |
| 3 | Lux Ventures IX, L.P. | 1.6% | 1.01x | — |
| 4 | Acequia Capital Origin, L.P. | 0.0% | 1.00x | — |
| 5 | Tierra Adentro Fund I, L.P. | 0.0% | 1.00x | — |
| 6 | Raton Pass Investments LP | -0.4% | 1.00x | — |
| 7 | Scout Ventures Fund V, L.P. | -16.4% | 0.84x | — |
| — | Arctos Keystone Partners Fund I, L.P. | N/M | — | — |
| — | Bain Capital Asia Fund VI, L.P. | N/M | — | — |
| — | Bain Capital Japan Middle Market Fund II, L.P. | N/M | — | — |
| — | Bain Capital Tech Opportunities Fund III, L.P. | N/M | — | — |
| — | Cure Ventures Fund II, L.P. | N/M | — | — |
| — | Greenbriar Equity Fund VII, L.P. | N/M | — | — |
| — | Lead Edge Capital VII, L.P. | N/M | — | — |
| — | Reverence Capital Partners PE Opportunities Fund IV, L.P. | N/M | — | — |
| — | Reverence Mesa Co-Invest PE Fund IV, L.P. | N/M | — | — |
| — | The Column Group Opportunity IV, L.P. | N/M | — | — |
| — | The Column Group VI, L.P. | N/M | — | — |
| — | At One Ventures III, L.P. | N/M | — | — |
| — | Offset Fund I, L.P. | N/M | — | — |
Other reported funds by this firm
| Fund | Vintage | Net IRR | TVPI | Versus vintage |
|---|---|---|---|---|
| Lux Ventures VIII | 2023 | 83.8% | 2.12x | Top quartile |
About this data
New Mexico State Investment Council: New Mexico State Investment Council Private Equity Performance Updates: Fund Summaries (Active Funds), as of March 31, 2026. Net IRR and net multiple since inception as printed in the fund summaries of the quarterly performance updates that Mercer prepares for the Council (data source given as Invient), published in the Council's public meeting materials. The fund summaries head the two columns "Net" (Multiple, IRR); their total rows equal the "Net Multiple" and "Net IRR" of active commitments in the reports' dashboards. The net multiple is used as TVPI. The fund summaries give only committed capital, exposure (NAV + unfunded), net multiple and IRR for each fund, so contributions, distributions, total value and DPI are blank; contributions and distributions are reported by program and strategy only. Committed capital is reported in $ millions to one decimal and converted to whole dollars. Vintage year is defined by the reports as the year of the fund's first cash flow. 27 of the newest funds are marked N/A or NM (not defined in the reports) and lack an IRR, a multiple or both. The IRR of The Veritas Capital Fund IX, L.P. is printed as "#######" (not readable) and is blank. Frazier Healthcare Growth Buyout Fund XI, L.P. is printed with a negative multiple, imported as printed. Two reports are combined: the National Private Equity Program (175 active funds, $11,121.7 million committed; 32 Venture Capital, 93 Buyout, 33 Growth, 17 Special Situations) and the Strategic Venture Capital Program and New Mexico Private Equity Investment Program (Legacy) (83 active funds, $2,346.3 million committed; 76 Fund Investments, 5 Co-Investment Funds, 1 Catalyst Fund, 1 Recovery Fund). The second report covers the Council's New Mexico-focused venture and private equity commitments, including its own co-investment, catalyst and recovery vehicles. Active funds only: liquidated and sold funds are reported in aggregate, not by fund. The Private Debt, Real Estate and Real Assets reports in the same materials 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.