Public Pension Capital, LLC

Public Pension Capital, LLC

NET IRR

22.3%

TVPI

1.95x

DPI

0.97x

COMMITMENT

$375M

LP SOURCES

3

VALUATION SPREAD1.95x – 2.56x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Minnesota SBI2025-12-31$375M$257.3M22.3%1.95x0.97xSOURCE ↗
Oregon OPERF2025-09-30$100M$110.3M23.2%2.56x1.54xSOURCE ↗
TMRS2024-12-31$150M$67.3MSOURCE ↗