Public Pension · CA, USA
The Regents of the University of California
122 fund investments across 48 managers in private equity, private credit, opportunistic and real assets, as last reported 2025-06-30.
Fund investments
122
As of 2025-06-30
Managers
48
Reported NAV
…
Top-10 concentration
…
Share of reported NAV in the ten largest funds
Where the NAV sits
Each rectangle is a fund, sized by current NAV and colored by strategy.
NAV by strategy
Current reported value by top-level strategy.
Commitments by vintage
Capital committed to funds of each vintage year.
Portfolio Holdings
122 fund investments
Fund Name | Vintage | Strategy | Sub-Strat | Geo | Commit | NAV | IRR | TVPI | DPI | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| (TPG) The Rise Fund LP | 2018 | Private Equity | Growth Equity | Global | $100.0M | $91.7M | 9.4% | 1.43x | 0.63x | |
| 1868 Univeritas Fund | 2017 | Private Equity | Buyout | North America | $582.5M | $661.3M | 9.3% | 1.26x | 0.20x | |
| Apollo Fund IX | 2017 | Private Credit | Direct Lending | Global | $135.0M | $126.4M | 15.2% | 1.48x | 0.59x | |
| Apollo Investment Fund VI LP | 2006 | Private Equity | Buyout | North America | $50.0M | $852,435 | 8.6% | 1.49x | 1.47x | |
| Apollo Investment Fund VIII LP | 2013 | Private Equity | Buyout | North America | $37.5M | $9.8M | 8.2% | 1.38x | 1.26x | |
| Arsenal Capital Partners Growth | 2022 | Private Equity | Growth Equity | North America | $50.0M | $13.8M | -21.9% | 0.64x | 0.01x | |
| Arsenal Capital Partners IV | 2016 | Private Equity | Buyout | North America | $100.0M | $53.9M | 16.0% | 1.68x | 1.27x | |
| Arsenal Capital Partners V, L.P. | 2019 | Private Equity | Buyout | North America | $135.0M | $134.0M | 6.8% | 1.32x | 0.33x | |
| Arsenal Capital Partners VI LP | 2022 | Private Equity | Buyout | North America | $225.0M | $101.8M | -9.7% | 0.84x | 0.02x | |
| Berkshire Fund IX LP | 2017 | Private Equity | Buyout | North America | $95.0M | $115.0M | 13.5% | 1.69x | 0.67x | |
| Blackstone Capital Partners Asia I | 2017 | Private Equity | Buyout | Asia Pacific | $250.0M | $252.1M | 24.1% | 1.92x | 1.03x | |
| Blackstone Capital Partners Asia II, L.P. | 2021 | Private Equity | Buyout | Asia Pacific | $350.0M | $198.6M | 39.9% | 1.72x | 0.31x | |
| Blackstone Capital Partners Fund V | 2005 | Private Equity | Buyout | Global | $120.0M | $143,674 | 7.7% | 1.58x | 1.58x | |
| Blackstone Capital Partners IV, L.P. | 2001 | Private Equity | Buyout | Global | $50.0M | $36,002 | 36.1% | 2.40x | 2.40x | |
| Blackstone Capital Partners VIII, L.P. | 2020 | Private Equity | Buyout | Global | $250.0M | $248.8M | 10.0% | 1.26x | 0.21x | |
| Blackstone Strategic Capital Holdings | 2014 | Real Assets | Real Estate Debt | Global | $200.0M | $245.4M | 14.5% | 1.88x | 0.71x | |
| Blackstone Strategic Partners IX | 2021 | Private Equity | Secondaries | Global | $400.0M | $299.1M | 21.0% | 1.35x | 0.13x | |
| Blackstone Strategic Partners VIII | 2019 | Private Equity | Secondaries | Global | $250.0M | $156.9M | 21.3% | 1.56x | 0.83x | |
| Bow Ventures Fund I | 2016 | Private Equity | Venture Capital | North America | $250.0M | $235.5M | -1.0% | 0.95x | 0.00x | |
| Bow Ventures Fund II | 2021 | Private Equity | Venture Capital | North America | $100.0M | $61.1M | 0.0% | 1.00x | 0.00x | |
| BPEA VII | 2018 | Private Equity | Buyout | Asia Pacific | $175.0M | $170.6M | 20.2% | 1.71x | 0.75x | |
| BPEA VIII | 2021 | Private Equity | Buyout | Asia Pacific | $305.0M | $321.6M | 10.9% | 1.10x | 0.01x | |
| Bregal Sagemount Equity III | 2019 | Private Equity | Buyout | North America | $150.0M | $150.1M | 12.3% | 1.42x | 0.31x | |
| Bregal Sagemount II | 2017 | Private Equity | Growth Equity | North America | $35.0M | $8.5M | 31.3% | 2.05x | 1.85x | |
| Certares Holdings | 2018 | Private Equity | Buyout | Global | $275.0M | $319.6M | 8.7% | 1.39x | 0.27x | |
| Clearlake Capital Partners VII, L.P. | 2021 | Private Equity | Buyout | North America | $205.0M | $164.1M | 5.0% | 1.12x | 0.00x | |
| Column Group II | 2014 | Private Equity | Venture Capital | Global | $50.0M | $26.3M | 778.3% | 2.40x | 1.88x | |
| Column Group III | 2016 | Private Equity | Venture Capital | Global | $75.0M | $37.7M | 7.7% | 1.25x | 0.78x | |
| Column Group IV | 2019 | Private Equity | Venture Capital | Global | $74.0M | $58.3M | -1.8% | 0.95x | 0.07x | |
| DCP I | 2018 | Private Equity | Buyout | Asia Pacific | $100.0M | $70.1M | 5.8% | 1.17x | 0.59x | |
| EQT IX | 2019 | Private Equity | Buyout | Europe | $200.0M | $256.9M | 10.2% | 1.36x | 0.19x | |
| EQT VIII | 2018 | Private Equity | Buyout | Europe | $146.7M | $141.1M | 20.6% | 1.84x | 0.98x | |
| FountainVest China Growth Capital Fund, L.P. | 2008 | Private Equity | Growth Equity | Asia Pacific | $25.0M | $40,610 | 6.7% | 1.37x | 1.37x | |
| Further Global Capital I | 2018 | Private Equity | Buyout | Global | $200.0M | $236.9M | 9.5% | 1.36x | 0.56x | |
| Further Global Capital II | 2021 | Private Equity | Buyout | Global | $250.0M | $187.3M | 19.0% | 1.42x | 0.13x | |
| GGV Discovery II | 2018 | Private Equity | Venture Capital | Asia Pacific | $15.0M | $21.9M | 8.6% | 1.49x | 0.00x | |
| GGV Discovery III | 2020 | Private Equity | Venture Capital | Asia Pacific | $25.0M | $19.6M | 7.0% | 1.21x | 0.10x | |
| GGV IV | 2011 | Private Equity | Venture Capital | Asia Pacific | $35.0M | $1.6M | 8.3% | 1.73x | 1.68x | |
| GGV V | 2014 | Private Equity | Venture Capital | Asia Pacific | $35.0M | $72.3M | 24.2% | 5.00x | 2.83x | |
| GGV VII | 2018 | Private Equity | Venture Capital | Asia Pacific | $44.0M | $44.8M | 2.1% | 1.11x | 0.05x | |
| GGV VII Plus | 2018 | Private Equity | Venture Capital | Asia Pacific | $11.0M | $12.0M | 4.1% | 1.23x | 0.11x | |
| GGV VIII | 2020 | Private Equity | Venture Capital | Asia Pacific | $60.0M | $52.0M | 2.0% | 1.06x | 0.02x | |
| GGV VIII Plus | 2020 | Private Equity | Venture Capital | Asia Pacific | $15.0M | $11.9M | 3.7% | 1.10x | 0.00x | |
| GI Partners Fund VI, L.P. | 2021 | Private Equity | Buyout | North America | $150.0M | $151.6M | 9.5% | 1.30x | 0.00x | |
| H.I.G Middle Market LBO Fund II | 2014 | Private Equity | Buyout | North America | $25.0M | $7.1M | 24.8% | 1.48x | 1.34x | |
| H.I.G. Bayside II | 2008 | Opportunistic | Distressed Debt | North America | $30.0M | $1.5M | 13.6% | 1.56x | 1.52x | |
| H.I.G. Capital Partners IV | 2009 | Private Equity | Buyout | North America | $4.5M | $385,691 | 32.6% | 2.21x | 2.16x | |
| H.I.G. Capital Partners V, L.P. | 2013 | Private Equity | Buyout | North America | $10.0M | $3.4M | 22.1% | 1.57x | 1.43x | |
| H.I.G. Capital Partners VI | 2020 | Private Equity | Buyout | North America | $52.5M | $50.2M | 4.2% | 1.06x | 0.12x | |
| H.I.G. Europe Capital Partners II, L.P. | 2014 | Private Equity | Buyout | Europe | $11.7M | $6.1M | 10.1% | 1.29x | 0.97x |
Showing 1 to 50 of 122 holdings
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