Elevation

Elevation Partners, L.P.

ElevationVINTAGE 2005

NET IRR

11.8%

TVPI

1.57x

DPI

1.57x

COMMITMENT

$100M

LP SOURCES

4

VALUATION SPREAD1.57x – 1.60x TVPI across 3 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Oregon OPERF2025-09-30$100M$95.3M11.8%1.57x1.57xSOURCE ↗
WSIB2025-09-30$100M$97.5M11.8%1.60x1.55xSOURCE ↗
NC Retirement2025-06-30$91.7M12.2%1.59x1.59xSOURCE ↗
Colorado PERA2024-12-31$30M$28.6M11.8%1.57xSOURCE ↗