First Reserve

First Reserve Fund XI, L.P.

First ReserveVINTAGE 2006

NET IRR

-9.4%

TVPI

0.70x

DPI

0.69x

COMMITMENT

$300M

LP SOURCES

2

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
WSIB2025-09-30$300M$341.8M-9.4%0.70x0.69xSOURCE ↗
CalSTRS2025-06-30$800M$806.1M-8.9%0.64x0.64xSOURCE ↗