Gryphon Investors

Gryphon Partners II

Gryphon InvestorsVINTAGE 1999

NET IRR

4.7%

TVPI

1.18x

DPI

1.18x

COMMITMENT

$50M

LP SOURCES

3

VALUATION SPREAD1.18x – 1.20x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Oregon OPERF2025-09-30$50M$60.2M4.7%1.18x1.18xSOURCE ↗
WSIB2025-09-30$32.5M$39.4M4.6%1.20x1.17xSOURCE ↗
Colorado PERA2024-12-31$25M$25.9M8.0%1.22xSOURCE ↗