Madrona Venture Fund III
Madrona Venture Group Vintage 2005 Reported by Oregon Growth Account (Oregon Growth Board)
What each LP reports
| LP | As of | Committed | Paid in | Distributed | Remaining value | Net IRR | TVPI | DPI | Paid in vs. value |
|---|---|---|---|---|---|---|---|---|---|
| Oregon Growth Account (Oregon Growth Board) | 2025-12-31 | $5M | $5M | $35M | $0M | 23.3% | 7.00x | 7.00x |
Paid in Distributed Remaining value
About this data
Oregon Growth Account (Oregon Growth Board): Oregon Growth Account Private Markets Program: Performance Analysis, as of December 31, 2025. The Oregon Growth Account is the State of Oregon's return-driven portfolio of commitments to private fund managers, overseen by the Oregon Growth Board at Business Oregon. Its quarterly public performance report lists every investment with vintage, strategy, committed, contributed, unfunded and distributed amounts, fair market value, TVPI and IRR, in whole dollars as printed. Total value here is distributed plus fair market value, and DPI is distributed divided by contributed; both are derived. TVPI and IRR are as printed; the column is headed "IRR" and the report does not say whether it is net or gross of fees or how it is calculated, and 13 of the funds here show "NM" or "NA" instead of an IRR. Of the 94 investments in the report (total committed $358,549,621), the 85 classed by the report as Venture Capital, Buyout, Growth Equity or Special Situations are included (committed $319,729,700); the others are left out because the report classes them as something else: 1 Private Debt, 1 Mezzanine, 5 Natural Resources, 2 Infrastructure. The rows add up to the report's Total row. 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.