HG Saturn 2 A LP

HG CapitalVINTAGE 2020

NET IRR

14.3%

TVPI

1.46x

DPI

—

COMMITMENT

$100M

LP SOURCES

2

VALUATION SPREAD1.46x – 1.48x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
PA PSERS	2025-09-30	$100M	$93.3M	14.3%	1.46x	—	SOURCE ↗◆
CalSTRS	2025-06-30	$150M	$139.6M	15.7%	1.48x	0.29x	SOURCE ↗◆