← Summit Partners Growth
Summit Subordinated Debt Fund III, L.P.
Summit Partners GrowthVINTAGE 2004
NET IRR
8.6%
TVPI
1.44x
DPI
1.42x
COMMITMENT
$45M
LP SOURCES
2
VALUATION SPREAD1.44x – 1.46x TVPI across 2 sources
CROSS-REFERENCE TABLE
| LP SOURCE | AS OF | COMMITMENT | PAID IN | NET IRR | TVPI | DPI | DOC |
|---|---|---|---|---|---|---|---|
| Minnesota SBI | 2025-12-31 | $45M | $44.1M | 8.6% | 1.44x | 1.42x | SOURCE ↗◆ |
| CalSTRS | 2025-06-30 | $30M | $28.2M | 8.6% | 1.46x | 1.44x | SOURCE ↗◆ |