Manager · SEC CRD 314798
Keystone
Private EquityReal Assets
Funds with performance
7
LP investors
5
Public LPs disclosing at least one fund
SEC regulatory AUM
$1.55B
As of 2026-10-29
The franchise by vintage
Funds disclosed by public LPs, by strategy and vintage year. Dot area is the number of funds raised that year.
Funds
Funds managed by Keystone
Fund Name | Strategy | Sub-Strategy | Geography | Vintage | IRR | TVPI | DPI | As-of Date | Gross AUM | LPs |
|---|---|---|---|---|---|---|---|---|---|---|
| Keystone Industrial Fund I, L.P. | Real Assets | Real Estate Equity | North America | 2005 | 3.6% | 1.27x | 1.27x | 2025-06-30 | — | 1 |
| Keystone Industrial Fund II, L.P. | Real Assets | Real Estate Equity | North America | 2008 | 26.9% | 2.24x | 2.24x | 2025-06-30 | — | 1 |
| Keystone Industrial Fund III, L.P. | Real Assets | Real Estate Equity | North America | 2013 | 40.0% | 1.59x | 1.59x | 2025-06-30 | — | 1 |
| Keystone Legacy Fund | Private Equity | Secondaries | North America | 2018 | 5.8% | 1.40x | 1.37x | 2026-03-31 | $232.8M | 1 |
| Keystone Partners L.P. -Series A | Private Equity | Venture Capital | North America | 2020 | 8.5% | 1.14x | 0.79x | 2025-12-31 | — | 1 |
| Keystone Partners L.P. -Series B | Private Equity | Venture Capital | North America | 2022 | 11.8% | 1.23x | 0.66x | 2025-12-31 | — | 1 |
| Keystone Venture V, L.P. | Private Equity | Venture Capital | North America | 1998 | -33.5% | 0.10x | 0.10x | 2024-12-31 | — | 1 |
LP Investors
Limited partners invested in Keystone funds
| LP Name | Type | Location | Funds Invested |
|---|---|---|---|
| Carnegie Corporation of New York | foundation | — | 1 |
| Pennsylvania State Employees' Retirement System | public_pension | PA | 3 |
| North Carolina Retirement Systems | public_pension | NC | 3 |
| Pennsylvania Public School Employees' Retirement System | public_pension | PA | 2 |
| Connecticut Retirement Plans and Trust Funds | public_pension | CT | 1 |