Opportunistic · Distressed Debt · Global · Vintage 2014
Varde Fund XI, LP
Net IRR
3.2–4.3%
No peer benchmark for this metric
TVPI
1.19–1.32x
No peer benchmark for this metric
DPI
1.08–1.19x
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 | |
|---|---|---|---|---|---|---|---|---|
| Florida State Board of Administration36 reports | $200.0M | $28.5M | 4.3% | 1.31x | 1.16x | 2024-06-30 | Source ↗ | |
| Minnesota State Board of Investment6 reports | $200.0M | $25.9M | 4.3% | 1.32x | 1.19x | 2025-06-30 | Source ↗ | |
| North Carolina Retirement Systems8 reports | $350.0M | $38.2M | 3.2% | 1.19x | 1.08x | 2025-06-30 | Source ↗ |