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Next Coast Ventures II

Next Coast Ventures Vintage 2019 Reported by LACERA

Net IRR-3.7%LACERA, as of March 31, 2026
TVPI0.83xTotal value / paid-in
DPI0.01xDistributions / paid-in
Versus vintageQ4Bottom quartile · #18 of 19

What each LP reports

LPAs ofCommittedPaid inDistributedRemaining valueNet IRRTVPIDPIPaid in vs. value
LACERA2026-03-31$15M$15M$0.2M$12M-3.7%0.83x0.01x

Paid in Distributed Remaining value

2019 vintage in LACERA’s portfolio

All 19 funds of vintage 2019 in LACERA’s report, ranked by net IRR. Private equity, venture, and other strategies are mixed, so treat this as context rather than a strategy benchmark.

TA Associates XIII, L.P.: 20.8%Atlantic Street Capital IV, LP: 18.6%Jade Equity Investors, L.P.: 17.6%RedBird Series 2019, LP: 12.8%BRV Aster Opportunity Fund II, L.P.: 11.9%BRV Aster Fund III, L.P.: 11.8%Advent International GPE IX, L.P.: 11.8%Access Holdings Fund I LP: 11.6%Great Point Partners III, L.P.: 10.6%Vinci Capital Partners III, L.P.: 10.6%Revelstoke Single Asset Fund I, L.P.: 9.9%MBK Partners Fund V, L.P.: 8.3%LAV Biosciences Fund V, L.P.: 7.0%GRO Capital III: 6.5%Joy Capital III, L.P.: 5.7%Accel - KKR Capital Partners VI, LP: 5.6%Joy Capital Opportunity, LP: 2.9%Next Coast Ventures II, L.P.: -3.7%Neotribe Ventures II, L.P.: -3.7%-3.7%20.8%
#FundNet IRRTVPIDPI
1TA Associates XIII, L.P.20.8%1.92x0.79x
2Atlantic Street Capital IV, LP18.6%1.67x0.80x
3Jade Equity Investors, L.P.17.6%1.55x0.69x
4RedBird Series 2019, LP12.8%1.54x0.57x
5BRV Aster Opportunity Fund II, L.P.11.9%1.33x0.00x
6BRV Aster Fund III, L.P.11.8%1.51x0.00x
7Advent International GPE IX, L.P.11.8%1.58x0.41x
8Access Holdings Fund I LP11.6%1.55x0.25x
9Great Point Partners III, L.P.10.6%1.32x0.48x
10Vinci Capital Partners III, L.P.10.6%1.52x0.07x
11Revelstoke Single Asset Fund I, L.P.9.9%1.75x0.00x
12MBK Partners Fund V, L.P.8.3%1.27x0.05x
13LAV Biosciences Fund V, L.P.7.0%1.35x0.51x
14GRO Capital III6.5%1.08x0.26x
15Joy Capital III, L.P.5.7%1.31x0.00x
16Accel - KKR Capital Partners VI, LP5.6%1.19x0.13x
17Joy Capital Opportunity, LP2.9%1.19x0.00x
18Next Coast Ventures II, L.P.-3.7%0.83x0.01x
19Neotribe Ventures II, L.P.-3.7%0.89x0.00x

Other reported funds by this firm

FundVintageNet IRRTVPIVersus vintage
Next Coast Ventures I201612.9%1.92xSecond quartile
NEXT COAST VENTURES III—N/M—

About this data

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

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.