The Capital Link Funds are managed by GCM Grosvenor and focused on domestic emerging managers.
GCM Grosvenor
Jessica Holsey, Principal
767 Fifth Avenue, 14th Floor
New York, NY 10153
Phone: 646-362-3656
E-mail: CalPERSReferrals@gcmip.com
The table shows fund performance information for Capital Link Funds as of September 30, 2023.
| Fund | Vintage Year | Capital Committed | Cash In | Cash Out | Cash Out & Remaining Value | Net IRR | Investment Multiple |
|---|---|---|---|---|---|---|---|
| Fund | Vintage Year | Capital Committed | Cash In | Cash Out | Cash Out & Remaining Value | Net IRR | Investment Multiple |
| Avante Mezzanine Partners SBIC, L.P. | 2010 | $9,908,884 | $8,189,822 | $19,520,284 | $21,853,446 | 18.6% | 2.7x |
| Caltius Equity Partners II, L.P. | 2007 | $12,948,413 | $12,793,713 | $19,891,979 | $20,563,428 | 9.3% | 1.6x |
| Caltius Partners IV, L.P. | 2008 | $14,863,326 | $13,998,655 | $17,288,317 | $20,444,047 | 8% | 1.5x |
| Capital Point Partners, L.P. | 2008 | $17,255,635 | $17,585,779 | $12,511,174 | $17,262,246 | -0.3% | 1.0x |
| Centerview Capital, L.P. | 2008 | $39,635,535 | $32,411,524 | $70,332,619 | $72,083,879 | 14.3% | 2.2x |
| Chart Capital Partners II, LP | 2009 | $13,872,437 | $13,718,273 | $25,240,040 | $25,813,179 | 10.4% | 1.9x |
| Clearlake Capital Partners II, L.P. | 2009 | $39,635,535 | $37,784,048 | $72,825,731 | $72,909,620 | 16.2% | 1.9x |
| Comvest Investment Partners IV, L.P. | 2011 | $24,772,210 | $18,176,008 | $35,268,300 | $38,570,406 | 26.8% | 2.1x |
| Corinthian Equity Fund, L.P. | 2008 | $9,960,317 | $10,056,302 | $9,430,533 | $10,723,426 | 1.3% | 1.1x |
| Cressey & Company Fund IV, L.P. | 2009 | $24,772,210 | $23,214,212 | $50,587,323 | $50,647,994 | 20.3% | 2.2x |
| GenNx360 Capital Partners, L.P. | 2007 | $45,669,111 | $46,001,601 | $34,401,629 | $40,116,843 | -2.2% | 0.9x |
| GF Capital Private Equity Fund, L.P. | 2007 | $19,920,635 | $20,017,925 | $26,595,077 | $38,472,064 | 11.5% | 1.9x |
| Grey Mountain Partners Fund II, L.P. | 2010 | $9,908,884 | $9,749,856 | $3,871,973 | $3,921,319 | -23.9% | 0.4x |
| Halyard Capital Fund II, L.P. | 2008 | $19,920,635 | $18,292,221 | $22,127,530 | $29,194,025 | 6.8% | 1.6x |
| Hispania Private Equity II, L.P. | 2008 | $14,863,326 | $13,380,256 | $24,379,755 | $24,439,554 | 19.8% | 1.8x |
| Intervale Capital Group, L.P. | 2008 | $20,462,367 | $18,585,843 | $44,073,897 | $44,089,543 | 17.8% | 2.4x |
| Leeds Equity Partners V, L.P. | 2009 | $24,900,794 | $22,023,035 | $57,915,823 | $60,434,787 | 19% | 2.7x |
| PALADIN III (CA), LP | 2008 | $29,880,952 | $32,591,733 | $83,600,458 | $92,939,208 | 14.5% | 2.9x |
| Quaker BioVentures II, LP | 2008 | $9,908,884 | $9,566,566 | $10,404,696 | $10,451,945 | 1.8% | 1.1x |
| St. Cloud Capital Partners II, L.P. | 2007 | $14,940,476 | $14,907,821 | $12,569,866 | $12,698,397 | -3.7% | 0.9x |
| StarVest Partners II, L.P. | 2008 | $19,869,201 | $19,815,587 | $11,702,044 | $11,702,044 | -6.9% | 0.6x |
| Tenex Capital Partners, LP | 2011 | $18,826,879 | $20,674,201 | $31,763,211 | $34,685,195 | 13.5% | 1.7x |
| The Column Group, L.P. | 2008 | $19,869,201 | $20,408,127 | $54,180,826 | $61,870,687 | 19.7% | 3.0x |
| Vedanta Opportunities Fund, L.P. | 2008 | $19,817,768 | $20,190,506 | $3,159,220 | $3,364,391 | -17.1% | 0.2x |
| Vista Equity Partners Fund III, L.P. | 2007 | $59,761,905 | $65,615,674 | $150,652,517 | $153,314,627 | 25.5% | 2.3x |
| Vista Foundation Fund I, L.P. | 2009 | $19,817,768 | $17,713,185 | $62,459,751 | $64,002,795 | 36.4% | 3.6x |