TSG Capital

TSG Capital Fund II

TSG CapitalVINTAGE 1994

NET IRR

-8.5%

TVPI

0.66x

DPI

0.66x

COMMITMENT

$40M

LP SOURCES

2

VALUATION SPREAD0.66x – 0.70x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Oregon OPERF2025-09-30$40M$39.5M-8.5%0.66x0.66xSOURCE ↗
WSIB2025-09-30$30M$29.6M-8.5%0.70x0.66xSOURCE ↗