Third Rock Ventures II

About this data

Alameda County Employees' Retirement Association (ACERA): ACERA Annual Report on Alternative Investments (Government Code Section 7514.7 Disclosures Chart), as of December 31, 2024. From the Alternative Investment Vehicle (AIV) Disclosures Chart that ACERA staff present to the Investment Committee each December under California Government Code Section 7514.7, for the period ending 2024-12-31 (ACERA's fiscal year is the calendar year). The chart says it is prepared by ACERA from its own records and the fund managers' reports and has not been prepared, reviewed or approved by the fund managers. Net IRR is the chart's "Net IRR (Since Inception)" and TVPI its "Investment Multiple (Since Inception)", both as printed; for 36 funds the printed multiple differs from (Cash Distributions + NAV) / Cash Contributions, and DPI is left blank. Amounts are whole US dollars as printed: Commitment, "Cash Contributions (Since Inception)", and "Cash Distributions", which the chart heads "(FY 2024)" on a fiscal-year-end basis and which are cumulative to that date; total value is the printed "Cash Distributions + NAV". Vintage is the chart's "Vintage Year". 3 recent commitments with no NAV yet ("N/A") have only a commitment; 7 funds have no Net IRR ("N/A"), and for 4 more the chart gives a time-weighted return instead of an IRR, which is left blank. The chart lists all 115 alternative investment vehicles together and does not separate asset classes, so besides private equity and venture funds it includes private credit, real estate, infrastructure and other real assets funds; all are included as listed. 46 funds contracted before 2017 are not required to report under Section 7514.7 and are shown where the manager shared the information voluntarily. 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.