Summit Partners

Summit Subordinated Debt Fund III, L.P.

Summit PartnersVINTAGE 2004

NET IRR

8.6%

TVPI

1.44x

DPI

1.42x

COMMITMENT

$45M

LP SOURCES

2

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Minnesota SBI2025-12-31$45M$44.1M8.6%1.44x1.42xSOURCE ↗
CalSTRS2025-06-30$30M$28.2M8.6%1.46x1.44xSOURCE ↗