Public Pension · CA, USA
Tulare County Employees' Retirement Association
26 fund investments across 21 managers in opportunistic, private credit, private equity and real assets, as last reported 2025-06-30.
Fund investments
26
As of 2025-06-30
Managers
21
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
26 fund investments
Fund Name | Vintage | Strategy | Sub-Strat | Geo | Commit | NAV | IRR | TVPI | DPI | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Altas Partners Holdings III | 2022 | Private Equity | Buyout | North America | $22.0M | $7.0M | 9.3% | 0.94x | 0.00x | |
| Audax Private Equity Fund VII-B | 2022 | Private Equity | Buyout | North America | $22.0M | $12.2M | — | 1.10x | 0.00x | |
| Beach Point Capital Real Estate Debt Fund | 2025 | Real Assets | Real Estate Debt | North America | $35.0M | $22.5M | — | 1.00x | 0.00x | |
| Cerberus VI Institutional Feeder | 2023 | Private Equity | Buyout | Global | $29.0M | $12.1M | -3.0% | 0.97x | 0.12x | |
| Charlesbank Technology Opportunities Fund II | 2023 | Opportunistic | Multi Strategy | North America | $20.0M | $5.7M | 1.6% | 1.01x | 0.04x | |
| Clayton, Dubilier, & Rice Fund XII | 2023 | Private Equity | Buyout | Global | $20.0M | $9.1M | 29.4% | 1.25x | 0.10x | |
| DCVC | 2024 | Private Equity | Venture Capital | North America | $5.0M | $1.3M | -23.1% | 0.88x | 0.00x | |
| Eclipse Fund V | 2024 | Private Equity | Buyout | Global | $10.0M | $1.7M | -42.6% | 0.96x | 0.00x | |
| Gridiron Fund V | 2023 | Private Equity | Buyout | North America | $20.0M | $13.3M | 9.5% | 1.11x | 0.00x | |
| Kinderhook Fund VIII | 2025 | Private Equity | Buyout | North America | $15.0M | $700,952 | — | 1.00x | 0.00x | |
| KKR Mezzanine Partners | 2010 | Private Credit | Mezzanine | North America | $15.0M | $336,540 | 6.5% | 1.46x | 1.44x | |
| KSL Capital Partners VI | 2022 | Private Equity | Buyout | Global | $14.0M | $3.8M | -6.5% | 0.78x | 0.08x | |
| Ocean Avenue Fund III | 2016 | Private Equity | Buyout | North America | $20.0M | $21.1M | 22.6% | 2.49x | 1.30x | |
| Ocean Avenue Fund IV | 2019 | Private Equity | Buyout | North America | $26.0M | $28.8M | 26.1% | 1.93x | 0.75x | |
| Ocean Avenue Fund V | 2023 | Private Equity | Buyout | North America | $20.0M | $11.5M | 29.7% | 1.33x | 0.06x | |
| Pantheon USA VI | 2004 | Private Equity | Fund of Funds | North America | $15.0M | $134,075 | 6.7% | 1.54x | 1.53x | |
| Pathway Private Equity Fund Investors 10 | 2020 | Private Equity | Fund of Funds | Global | $30.0M | $32.8M | 9.4% | 1.29x | 0.03x | |
| Pathway Private Equity Fund Investors 8 | 2016 | Private Equity | Fund of Funds | Global | $20.0M | $21.3M | 16.6% | 2.13x | 0.98x | |
| Pathway Private Equity Fund Investors 9 | 2017 | Private Equity | Fund of Funds | Global | $20.0M | $23.5M | 16.0% | 1.92x | 0.50x | |
| Peak Rock | 2024 | Private Equity | Buyout | North America | $15.0M | $0 | — | — | — | |
| Public Pension Capital | 2021 | Private Equity | Buyout | North America | $19.0M | $0 | — | — | — | |
| Sixth Street Diversified Credit Program | 2016 | Private Credit | Direct Lending | Global | $180.0M | $102.5M | 9.7% | 1.50x | 0.41x | |
| Sixth Street TAO | 2020 | Opportunistic | Tactical | Global | $50.0M | $45.1M | 9.7% | 1.40x | 0.21x | |
| Stepstone Secondary Opportunities Fund II | 2012 | Private Equity | Secondaries | Global | $27.5M | $2.0M | 9.1% | 1.80x | 1.71x | |
| Stockbridge Value Fund V | 2023 | Real Assets | Real Estate Equity | Global | $15.0M | $5.3M | -7.4% | 0.94x | 0.01x | |
| TA Realty Fund XIII | 2022 | Real Assets | Real Estate Equity | North America | $33.0M | $29.0M | 12.9% | 1.08x | 0.14x |