Private Equity · Buyout · North America · Vintage 2015

Welsh, Carson, Anderson & Stowe XII, L.P.

Welsh, Carson, Anderson & StoweReported by 9 LPsLatest mark Jun 30, 2026142 observations

Net IRR

23.5%

No peer benchmark for this metric

TVPI

2.44x

No peer benchmark for this metric

DPI

2.01x

No peer benchmark for this metric

Peer group

Peer quartiles appear once enough funds of the same strategy and vintage are reported.

Gross asset value (SEC ADV)

$2.92B

Performance over time

One line per reporting LP (showing 5 of 9; the median uses all).

Limited partners disclosing this fund. Expand a row for earlier reports.

Limited partner	Committed	NAV	Net IRR	TVPI	DPI	As of	Source
California Public Employees' Retirement System20 reports	$350.0M	$168.2M	25.1%	2.55x	2.07x	2025-12-31	Source ↗
California State Teachers' Retirement System5 reports	$150.0M	$68.6M	24.1%	2.45x	1.99x	2025-06-30	Source ↗
Connecticut Retirement Plans and Trust Funds	$100.0M	$48.7M	27.6%	2.40x	1.96x	2024-09-30	Source ↗
Minnesota State Board of Investment9 reports	$150.0M	$64.0M	23.5%	2.44x	2.01x	2026-06-30	Source ↗
New York City Board of Education Retirement System7 reports	$10.0M	$4.3M	24.2%	2.55x	2.09x	2026-03-31
New York City Employees' Retirement System28 reports	$78.5M	$33.6M	24.2%	2.54x	2.08x	2026-03-31
New York City Fire Department Pension Fund19 reports	$14.0M	$6.0M	24.2%	2.54x	2.08x	2026-03-31
New York City Police Pension Fund27 reports	$37.0M	$15.8M	24.2%	2.54x	2.08x	2026-03-31	Source ↗
Teachers' Retirement System of the City of New York26 reports	$110.5M	$47.3M	24.2%	2.51x	2.06x	2026-03-31