Threshold Ventures III
Threshold Ventures Vintage 2019 Reported by Employees' Retirement System of the State of Hawaii (HIERS)
What each LP reports
| LP | As of | Committed | Paid in | Distributed | Remaining value | Net IRR | TVPI | DPI | Paid in vs. value |
|---|---|---|---|---|---|---|---|---|---|
| Employees' Retirement System of the State of Hawaii (HIERS) | 2026-03-31 | $3M | $2.7M | — | — | N/M | — | — |
Paid in Distributed Remaining value
2019 vintage in Employees' Retirement System of the State of Hawaii (HIERS)’s portfolio
All 17 funds of vintage 2019 in Employees' Retirement System of the State of Hawaii (HIERS)’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 |
|---|---|---|---|---|
| — | Advent International GPE IX, L.P. | N/M | — | — |
| — | American Securities Partners VIII, L.P. | N/M | — | — |
| — | Genstar Capital Partners IX, L.P. | N/M | — | — |
| — | Hellman & Friedman Capital Partners IX, L.P. | N/M | — | — |
| — | Jade Equity Investors, L.P. | N/M | — | — |
| — | New Enterprise Associates 17, L.P. | N/M | — | — |
| — | Oak HC/FT Partners III, L.P. | N/M | — | — |
| — | Oaktree Special Situations Fund II, L.P. | N/M | — | — |
| — | Platinum Equity Capital Partners V, L.P. | N/M | — | — |
| — | Polaris Partners IX, L.P. | N/M | — | — |
| — | Sentinel Capital Partners VI, L.P. | N/M | — | — |
| — | TA XIII, L.P. | N/M | — | — |
| — | Vista Equity Partners Fund VII, L.P. | N/M | — | — |
| — | Arsenal III, L.P. | N/M | — | — |
| — | Blue Ventures III, L.P. | N/M | — | — |
| — | Moment Ventures Fund II, L.P. | N/M | — | — |
| — | Threshold Ventures III, L.P. | N/M | — | — |
Other reported funds by this firm
| Fund | Vintage | Net IRR | TVPI | Versus vintage |
|---|---|---|---|---|
| Threshold Ventures IV | 2022 | N/M | — | |
| Threshold Ventures II | 2016 | 14.4% | 2.57x | Third quartile |
About this data
Employees' Retirement System of the State of Hawaii (HIERS): HIERS Private Equity Partnerships: Performance Summary by Investment, as of March 31, 2026. ERS posts a quarterly "Performance Summary by Investment" of its private equity partnerships in which only "Capital Committed", "Paid-In Capital" and "Reported Market Value" (with the date of that value) are filled in; the Capital Distributed, Remaining Cost, Net IRR and TVM columns are empty in the published version. So committed, paid-in and market value are shown, in whole US dollars as printed, and distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. The report says paid-in capital includes both commitment and non-commitment reducing capital calls, that cash flows are HIERS' actual cash paid and received, and that market values reflect HIERS' unrealized interest in each investment. "Vintage Year" is as printed. All 371 investments are included as ERS classifies them by strategy (61 Buyout - Large, 42 Buyout - Mega, 59 Buyout - Mid, 13 Buyout - Small, 3 Co/Direct Investment, 6 Distressed Debt, 40 Growth Equity, 10 Mezzanine, 2 Secondaries, 10 Special Situations, 125 Venture Capital), in the report's blocks: Core (334), Stafford Capital Management - 1 (8), Stafford Capital Management - 2 (11), Stafford Capital Management - 3 (17), Stafford Ho'oulu Fund (1); the Stafford Capital Management blocks list the partnerships held through the Hawaii Targeted Investment Program funds (HiTIP I, II and III) that ERS's Holdings page also reports separately. They add up to the printed Grand Total of $8,371,769,464 committed, $6,707,086,129 paid in and $5,197,639,074 reported market value. 114 investments have no remaining value (liquidated, or not yet called), shown as 0; 9 others carry a value dated before the report date. Each page of the report carries the legend "Institutional Use Only/Not for Public Use | Proprietary and Confidential"; this is the version ERS itself posts on its Holdings page. ERS's separate private credit, real assets and timber reports 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.