Genstar Capital

Genstar Capital Partners XI, L.P.

Genstar CapitalVINTAGE 2023

NET IRR

TVPI

1.21x

DPI

0.09x

COMMITMENT

$200M

LP SOURCES

5

VALUATION SPREAD1.21x – 1.21x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
CalPERS2025-09-30$200M$26.5M1.21x0.09xSOURCE ↗
Oregon OPERF2025-09-30$229.1M$30.4M1.21x0.09xSOURCE ↗
CPPIB2025-09-30$300M$47MSOURCE ↗
LACERS2025-06-30$35M$4.6M17.9%SOURCE ↗
Colorado PERA2024-12-31$100M$8.3M60.5%0.04xSOURCE ↗