Slideshow: Idaho Public Employee Retirement Top-Performing Funds

Yet another batch of fresh private-equity return data has landed on our doorstep–in this case, from Public Employee Retirement System of Idaho. Earlier this summer we also found, for the first time, data from New Jersey State Investment Council and Texas County & District Retirement System. All told that makes about a dozen U.S. pensions that post detailed return data on their websites or otherwise make it easily accessible (as far as we know).

As with New Jersey and Texas County, the Idaho private equity portfolio is relatively young, relatively small, and it has yet to hit the lights out on performance. That more than 90 percent of its paid-in capital dates from vintage 2007 funds or older (more immune to the J-curve effect) suggests that Idaho may have a less than spectacular portfolio on its hands. Including a small legacy portfolio and a small liquidated portfolio, Idaho has seen $1.4 billion drawn down by its private equity fund managers, as of September 30. As of that date it had achieved a 1.2x investment multiple and net IRR of 6.31 percent. The 54-fund active portfolio at Idaho Public Employee stretches from vintage 1996 to vintage 2011, and includes buyout, venture capital, growth equity, distressed debt, co-investments and secondaries. Click through below to see the top 10 performing funds in the Idaho portfolio.

(Note: All data in the following slideshow are from the Public Employee Retirement System of Idaho.)

David M. Toll is editor-in-charge of Buyouts Magazine. Follow him @davidmtoll. Follow @Buyouts.

[slideshow]

[slide title=”No. 10 – Nautic Partners V LP”]

Net IRR: 15.71%

Vintage Year: 2000

Paid-In: $14.2 million

Distributed: $15.6 million

Market Value Of Remaining: $9.1 million

[slide title=”No. 9 – Kohlberg Investors VI LP”]

Net IRR: 16.32%

Vintage Year: 2007

Paid-In: $21.6 million

Distributed: $6.2 million

Market Value Of Remaining: $23.1 million

[slide title=”8 – Apollo Investment Fund VII LP”]

Net IRR: 19.43%

Vintage Year: 2008

Paid-In: $23.3 million

Distributed: $7.5 million

Market Value Of Remaining: $20.4 million

[slide title=”No. 7 – Gores Capital Partners LP”]

Net IRR: 20.00%

Vintage Year: 2004

Paid-In: $19.7 million

Distributed: $19.3 million

Market Value Of Remaining: $15.8 million

[slide title=”No. 6 – Newbridge Asia IV LP”]

Net IRR: 21.71%

Vintage Year: 2005

Paid-In: $26.4 million

Distributed: $21.0 million

Market Value Of Remaining: $26.7 million

[slide title=”No. 5 – Providence Equity Partners IV LP”]

Net IRR: 23.12%

Vintage Year: 2001

Paid-In: $29.7 million

Distributed: $39.9 million

Market Value Of Remaining: $17.1 million

[slide title=”No. 4 – Apollo Investment Fund V LP”]

Net IRR: 40.06%

Vintage Year: 2001

Paid-In: $23.9 million

Distributed: $45.9 million

Market Value Of Remaining: $8.3 million

[slide title=”No. 3 – Hamilton Lane Secondary Fund II LP”]

Net IRR: 40.36%

Vintage Year: 2009

Paid-In: $4.4 million

Distributed: $432,973

Market Value Of Remaining: $5.4 million

[slide title=”No. 2 – IDA-West Energy Fund”]

Net IRR: 57.11%

Vintage Year: 1996

Paid-In: $3.3 million

Distributed: $12.5 million

Market Value Of Remaining: $3.3 million

[slide title=”No. 1 – T3 Partners II LP”]

Net IRR: 94.22%

Vintage Year: 2001

Paid-In: $18.2 million

Distributed: $51.4 million

Market Value Of Remaining: $3.7 million

[/slideshow]