U.S. Venture Partners V
U.S. Venture Partners Vintage 1996 Reported by Washington State Investment Board
What each LP reports
| LP | As of | Committed | Paid in | Distributed | Remaining value | Net IRR | TVPI | DPI | Paid in vs. value |
|---|---|---|---|---|---|---|---|---|---|
| Washington State Investment Board | 2026-03-31 | $10M | $10M | $23M | $0M | 26.2% | 2.26x | 2.26x |
Paid in Distributed Remaining value
1996 vintage in Washington State Investment Board’s portfolio
All 10 funds of vintage 1996 in Washington State Investment Board’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 | Doughty Hanson & Co Fund II, L.P. | 48.8% | 2.11x | 2.11x |
| 2 | U.S. Venture Partners V, L.P. | 26.2% | 2.26x | 2.26x |
| 3 | Cinven Fund | 17.2% | 1.68x | 1.68x |
| 4 | Banc Fund IV, L.P. | 15.6% | 2.30x | 2.30x |
| 5 | Cornerstone Equity Partners IV, LP | 8.6% | 1.62x | 1.62x |
| 6 | Invesco Portfolio | 7.2% | 1.41x | 1.40x |
| 7 | Frazier Healthcare II, L.P. | 6.8% | 1.46x | 1.46x |
| 8 | Green Mountain Partners, L.P. | 5.6% | 1.24x | 1.24x |
| 9 | Capital Resource Lenders III, L.P. | 4.3% | 1.20x | 1.20x |
| 10 | Boston Ventures V, L.P. | 2.8% | 1.13x | 1.13x |
Other reported funds by this firm
| Fund | Vintage | Net IRR | TVPI | Versus vintage |
|---|---|---|---|---|
| U.S. Venture Partners VI, L.P. - HIERS Secondary | 2009 | N/M | — | |
| U.S. Venture Partners VII, L.P. - HIERS Secondary | 2009 | N/M | — | |
| U.S. Venture Partners VIII, L.P. - HIERS Secondary | 2009 | N/M | — | |
| U.S. Venture Partners VIII | 2001 | N/M | — | |
| U.S. Venture Partners VII | 2000 | N/M | — | |
| U.S. Venture Partners VI | 1999 | N/M | — |
About this data
Washington State Investment Board: WSIB Private Equity Portfolio Performance Summary By Strategy, as of March 31, 2026. Net IRR as labeled by WSIB, calculated by Hamilton Lane from general partner cash flows and valuations and not confirmed by the general partners. TVPI is WSIB's total value multiple (B+C)/A recomputed to two decimals from the reported totals (WSIB prints one decimal). WSIB lists an initial investment date rather than a vintage year; its year is used as the vintage (blank for commitments not yet funded). Includes realized and legacy partnerships. 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.