Hellman & Friedman

Hellman & Friedman Capital Partners X

Hellman & FriedmanVINTAGE 2021

NET IRR

5.5%

TVPI

1.16x

DPI

0.15x

COMMITMENT

$250M

LP SOURCES

27

VALUATION SPREAD1.10x – 1.20x TVPI across 7 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Minnesota SBI2025-12-31$250M$254.8M5.5%1.16x0.15xSOURCE ↗
WSIB2025-09-30$1,000M$986.1M5.8%1.20x0.11xSOURCE ↗
MainePERS2025-09-30$45M$45.4M5.6%SOURCE ↗
CalPERS2025-09-30$940M$980.5M5.6%1.15x0.16xSOURCE ↗
Oregon OPERF2025-09-30$350M$308.1M3.8%1.10x0.51xSOURCE ↗
UTIMCO2025-08-31SOURCE ↗
MD MSRPS2025-06-30SOURCE ↗
LACERS2025-06-30$40M$37M5.9%SOURCE ↗
Florida SBA2025-06-30$250M$233.9M6.0%1.16x0.13xSOURCE ↗
NJ DOI2025-04-30$125M$111.9M1.14x0.16xSOURCE ↗
LACERA2025-03-31$150M$134.1M5.7%1.14x0.16xSOURCE ↗
Florida SBA2025-03-31$250M$216.1M6.5%1.17x0.14xSOURCE ↗
Colorado PERA2024-12-31$75M$66.6M6.3%0.15xSOURCE ↗
Florida SBA2024-12-31$250M$215.9M6.4%1.15x0.13xSOURCE ↗
Wisconsin SWIB2024-12-31SOURCE ↗
Florida SBA2024-09-30$250M$193.3M8.9%1.22x0.09xSOURCE ↗
PA SERS2024-09-30$100M$77.5M0.09xSOURCE ↗
Florida SBA2024-06-30$250M$180.6M8.9%1.21x0.10xSOURCE ↗
Florida SBA2024-03-31$250M$180.6M8.9%1.18x0.10xSOURCE ↗
Florida SBA2023-12-31$250M$179.4M9.0%1.16x0.00xSOURCE ↗
Florida SBA2023-09-30$250M$179M7.0%1.11x0.00xSOURCE ↗
Florida SBA2022-09-30$250M$135.3M0.90x0.00xSOURCE ↗
Florida SBA2022-06-30$250M$135.3M0.93x0.00xSOURCE ↗
Florida SBA2022-03-31$250M$135.3M1.02x0.00xSOURCE ↗
Florida SBA2021-12-31$250M$29.8M0.93x0.00xSOURCE ↗
Florida SBA2021-09-30$250M$0MSOURCE ↗
Florida SBA2021-06-30$250M$0MSOURCE ↗