Private Credit · Direct Lending · North America · Vintage 2018
Brightwood Capital Fund IV
Net IRR
7.5%
No peer benchmark for this metric
TVPI
1.40–1.47x
No peer benchmark for this metric
DPI
0.83–0.85x
No peer benchmark for this metric
Peer group
Peer quartiles appear once enough funds of the same strategy and vintage are reported.
Performance over time
One line per reporting LP.
Who reports it
Limited partners disclosing this fund. Expand a row for earlier reports.
| Limited partner | Committed | NAV | Net IRR | TVPI | DPI | As of | Source | |
|---|---|---|---|---|---|---|---|---|
| New York State Common Retirement Fund3 reports | $300.0M | $186.3M | — | 1.47x | 0.85x | 2026-03-31 | Source ↗ | |
| Pennsylvania State Employees' Retirement System4 reports | $100.0M | $61.5M | 7.5% | 1.40x | 0.83x | 2026-03-31 | Source ↗ |