Manager · SEC CRD 160000
Lone Star
Private EquityPrivate CreditOpportunisticReal Assets
Funds with performance
20
LP investors
17
Public LPs disclosing at least one fund
SEC regulatory AUM
$35.73B
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 Lone Star
Fund Name | Strategy | Sub-Strategy | Geography | Vintage | IRR | TVPI | DPI | As-of Date | Gross AUM | LPs |
|---|---|---|---|---|---|---|---|---|---|---|
| Lone Star Bridge Loan | Private Credit | Direct Lending | North America | 2020 | -4.2% | 0.90x | 0.90x | 2024-06-30 | — | 1 |
| Lone Star CRA Fund | Private Equity | Buyout | North America | 2008 | 9.7% | 1.90x | 1.44x | 2026-03-31 | $196.2M | 1 |
| Lone Star Fund III (U.S.), L.P. | Private Equity | Buyout | Global | 2000 | 31.9% | 2.10x | 2.05x | 2026-03-31 | $5.5M | 1 |
| Lone Star Fund IV (U.S.), L.P. | Private Equity | Buyout | Global | 2001 | 30.2% | 2.30x | 2.30x | 2026-03-31 | $22.9M | 2 |
| Lone Star Fund IX (U.S.), L.P. | Private Equity | Buyout | Global | 2015 | -3.3% | 1.00x | 0.97x | 2026-03-31 | $1.81B | 1 |
| Lone Star Fund V (U.S.), L.P. | Private Equity | Buyout | Global | 2008 | -1.4% | 0.90x | 0.93x | 2026-03-31 | $58.9M | 3 |
| Lone Star Fund VI (U.S.), L.P. | Private Equity | Buyout | Global | 2008 | 21.8% | 1.60x | 1.58x | 2026-03-31 | $47.6M | 4 |
| Lone Star Fund VII (U.S.), L.P. | Private Equity | Buyout | Global | 2011 | 47.5% | 1.80x | 1.77x | 2026-03-31 | $0 | 4 |
| Lone Star Fund VIII (U.S.), L.P. | Private Equity | Buyout | Global | 2013 | 16.3% | 1.20x | 1.24x | 2026-03-31 | $450.8M | 3 |
| Lone Star Fund XI | Private Equity | Buyout | Global | 2019 | 26.2% | 1.85x | 1.47x | 2026-06-30 | — | 4 |
| Lone Star Fund XII, L.P. | Private Equity | Buyout | Global | 2024 | -2.7% | 0.99x | — | 2025-06-30 | $5.27B | 2 |
| Lone Star Growth Capital | Private Equity | Growth Equity | Global | 2006 | -20.5% | 0.60x | 0.64x | 2026-03-31 | $7.6M | 1 |
| Lone Star Opportunities Fund V, LP | Opportunistic | Multi Strategy | Global | 2012 | -14.2% | 0.30x | 0.10x | 2026-03-31 | $97.8M | 1 |
| Lone Star Real Estate Fund (U.S.), L.P. | Real Assets | Real Estate Equity | North America | 2010 | 5.1% | 1.20x | 1.23x | 2026-03-31 | $30.3M | 2 |
| Lone Star Real Estate Fund II | Real Assets | Real Estate Equity | North America | 2010 | 24.7% | 1.50x | 1.48x | 2026-03-31 | $18.0M | 5 |
| Lone Star Real Estate Fund III | Real Assets | Real Estate Equity | North America | 2013 | 8.2–14.1% | 1.10–1.35x | 1.13–1.35x | 2026-03-31 | $60.9M | 7 |
| Lone Star Real Estate Fund Il (U.S.), L.P. | Real Assets | Real Estate Equity | North America | 2010 | 25.3% | 1.55x | 1.55x | 2024-09-30 | — | 2 |
| Lone Star Real Estate Fund IV | Real Assets | Real Estate Equity | North America | 2015 | 5.7% | 1.14x | 0.87x | 2026-03-31 | $5.99B | 3 |
| Lone Star Real Estate Fund V | Real Assets | Real Estate Equity | North America | 2017 | -16.2% | 0.60–0.64x | 0.49x | 2026-03-31 | $5.89B | 4 |
| Lone Star Real Estate Partners II | Real Assets | Real Estate Equity | Global | 2010 | 25.8% | 1.56x | 1.56x | 2025-06-30 | — | 1 |
LP Investors
Limited partners invested in Lone Star funds
| LP Name | Type | Location | Funds Invested |
|---|---|---|---|
| Maryland State Retirement and Pension System | public_pension | MD | 6 |
| Annie E. Casey Foundation | foundation | — | 7 |
| Surdna Foundation Inc | foundation | — | 7 |
| Rockefeller Foundation | foundation | — | 4 |
| State of Michigan Retirement Systems | public_pension | MI | 5 |
| Dallas Police & Fire Pension System | public_pension | TX | 14 |
| North Carolina Retirement Systems | public_pension | NC | 1 |
| California State Teachers' Retirement System | public_pension | CA | 2 |
| Teachers' Retirement System of the City of New York | public_pension | NY | 1 |
| New York City Police Pension Fund | public_pension | NY | 2 |
| Connecticut Retirement Plans and Trust Funds | public_pension | CT | 2 |
| Hawaii Employees' Retirement System | public_pension | HI | 6 |
| New York City Employees' Retirement System | public_pension | NY | 1 |
| New York City Fire Department Pension Fund | public_pension | NY | 2 |
| Employees' Retirement System of Rhode Island | public_pension | RI | 1 |
| New York City Board of Education Retirement System | public_pension | NY | 1 |
| Imperial County Employees' Retirement System | public_pension | CA | 1 |