Thoma Bravo

Thoma Bravo Discover Fund IV, L.P.

Thoma BravoVINTAGE 2022

NET IRR

19.1%

TVPI

1.40x

DPI

0.20x

COMMITMENT

$200M

LP SOURCES

15

VALUATION SPREAD1.25x – 1.40x TVPI across 3 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
WSIB2025-09-30$200M$179.5M19.1%1.40x0.20xSOURCE ↗
MainePERS2025-09-30$45M$40.4M19.1%SOURCE ↗
UTIMCO2025-08-31SOURCE ↗
Florida SBA2025-06-30$100M$89.8M21.3%1.34x0.20xSOURCE ↗
LACERS2025-06-30$45M$40.4M21.3%SOURCE ↗
LACERA2025-03-31$50M$38.8M16.0%1.25x0.12xSOURCE ↗
Florida SBA2025-03-31$100M$77.5M19.6%1.31x0.12xSOURCE ↗
Wisconsin SWIB2024-12-31SOURCE ↗
Florida SBA2024-12-31$100M$72.3M19.1%1.27x0.00xSOURCE ↗
Florida SBA2024-09-30$100M$57.2M19.1%1.27x0.00xSOURCE ↗
Florida SBA2024-06-30$100M$57.2M17.5%1.20x0.00xSOURCE ↗
Florida SBA2024-03-31$100M$57.2M18.6%1.16x0.00xSOURCE ↗
Florida SBA2023-12-31$100M$57.2M15.2%1.09x0.00xSOURCE ↗
Florida SBA2023-09-30$100M$41.8M1.07x0.00xSOURCE ↗
Florida SBA2022-09-30$100M$0MSOURCE ↗