Trident

Trident VIII, L.P.

TridentVINTAGE 2020

NET IRR

11.9%

TVPI

1.57x

DPI

0.35x

COMMITMENT

$400M

LP SOURCES

17

VALUATION SPREAD1.33x – 1.60x TVPI across 4 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
CalPERS2025-09-30$400M$398.5M11.9%1.57x0.35xSOURCE ↗
WSIB2025-09-30$300M$298.6M11.9%1.60x0.35xSOURCE ↗
CPPIB2025-09-30$250M$246MSOURCE ↗
CalSTRS2025-06-30$250M$248.4M12.7%1.57x0.34xSOURCE ↗
Illinois TRS2025-06-30SOURCE ↗
Wisconsin SWIB2024-12-31SOURCE ↗
Florida SBA2021-12-31$100M$93M43.1%1.33x0.03xSOURCE ↗
Florida SBA2021-09-30$100M$76M42.5%1.28x0.02xSOURCE ↗
Florida SBA2021-06-30$100M$61.4M32.6%1.17x0.02xSOURCE ↗
Florida SBA2021-03-31$100M$33.9M1.20x0.04xSOURCE ↗
Florida SBA2020-12-31$100M$33.9M1.08x0.04xSOURCE ↗
Florida SBA2020-09-30$100M$17.5M1.03x0.08xSOURCE ↗
Florida SBA2020-06-30$100M$7.2M0.97x0.00xSOURCE ↗
Florida SBA2020-03-31$100M$0MSOURCE ↗
Florida SBA2019-12-31$100M$0MSOURCE ↗
Florida SBA2019-09-30$100M$0MSOURCE ↗
Florida SBA2019-06-30$100M$0MSOURCE ↗