← EnCap Investments
EnCap Energy Capital Fund X, L.P.
EnCap InvestmentsVINTAGE 2015
NET IRR
16.2%
TVPI
2.11x
DPI
1.66x
COMMITMENT
$100M
LP SOURCES
42
VALUATION SPREAD2.10x – 2.16x TVPI across 3 sources
SEC REGISTRATION · FORM ADV SCHEDULE D
SEC IAPD ↗GROSS ASSET VALUE
$5.6B
MIN INVESTMENT
$1.0M
INVESTORS
418
AUDITED
Yes
PRICEWATERHOUSECOOPERS LLP
DOMICILE
Texas, United States
MASTER FUND
CROSS-REFERENCE TABLE
| LP SOURCE | AS OF | COMMITMENT | PAID IN | NET IRR | TVPI | DPI | DOC |
|---|---|---|---|---|---|---|---|
| Minnesota SBI | 2025-12-31 | $100M | $106.3M | 16.2% | 2.11x | 1.66x | SOURCE ↗◆ |
| MainePERS | 2025-09-30 | $40M | $49.5M | 16.2% | — | — | SOURCE ↗◆ |
| LACERS | 2025-06-30 | $35M | $34.5M | 16.2% | — | — | SOURCE ↗◆ |
| CalSTRS | 2025-06-30 | $200M | $197M | 16.2% | 2.16x | 1.68x | SOURCE ↗◆ |
| Florida SBA | 2025-06-30 | $100M | $104.7M | 16.1% | 2.10x | 1.64x | SOURCE ↗◆ |
| Florida SBA | 2025-03-31 | $100M | $104.7M | 16.2% | 2.10x | 1.62x | SOURCE ↗◆ |
| Wisconsin SWIB | 2024-12-31 | — | — | — | — | — | SOURCE ↗◆ |
| Florida SBA | 2024-12-31 | $100M | $104.7M | 16.2% | 2.08x | 1.59x | SOURCE ↗◆ |
| Florida SBA | 2024-09-30 | $100M | $104.7M | 16.3% | 2.06x | 1.37x | SOURCE ↗◆ |
| Florida SBA | 2024-06-30 | $100M | $104.5M | 16.3% | 2.04x | 1.37x | SOURCE ↗◆ |
| Florida SBA | 2024-03-31 | $100M | $104.2M | 15.7% | 1.96x | 1.37x | SOURCE ↗◆ |
| Florida SBA | 2023-12-31 | $100M | $104.2M | 15.4% | 1.91x | 1.35x | SOURCE ↗◆ |
| Florida SBA | 2023-09-30 | $100M | $103.7M | 15.7% | 1.92x | 1.33x | SOURCE ↗◆ |
| Florida SBA | 2022-09-30 | $100M | $101.8M | 15.6% | 1.81x | 0.82x | SOURCE ↗◆ |
| Florida SBA | 2022-06-30 | $100M | $101.6M | 16.6% | 1.84x | 0.73x | SOURCE ↗◆ |
| Florida SBA | 2022-03-31 | $100M | $101.3M | 15.6% | 1.73x | 0.60x | SOURCE ↗◆ |
| Florida SBA | 2021-12-31 | $100M | $100.3M | 11.6% | 1.48x | 0.49x | SOURCE ↗◆ |
| Florida SBA | 2021-09-30 | $100M | $99.2M | 8.6% | 1.32x | 0.37x | SOURCE ↗◆ |
| Florida SBA | 2021-06-30 | $100M | $99M | 6.8% | 1.23x | 0.35x | SOURCE ↗◆ |
| Florida SBA | 2021-03-31 | $100M | $96.6M | 3.1% | 1.09x | 0.33x | SOURCE ↗◆ |
| Florida SBA | 2020-12-31 | $100M | $93.5M | 1.1% | 1.03x | 0.22x | SOURCE ↗◆ |
| Florida SBA | 2020-09-30 | $100M | $92.3M | -3.9% | 0.90x | 0.22x | SOURCE ↗◆ |
| Florida SBA | 2020-06-30 | $100M | $91.8M | -4.1% | 0.90x | 0.22x | SOURCE ↗◆ |
| Florida SBA | 2020-03-31 | $100M | $90.7M | -7.4% | 0.84x | 0.22x | SOURCE ↗◆ |
| Florida SBA | 2019-12-31 | $100M | $90M | 8.3% | 1.19x | 0.21x | SOURCE ↗◆ |
| Florida SBA | 2019-09-30 | $100M | $87.9M | 9.2% | 1.20x | 0.19x | SOURCE ↗◆ |
| Florida SBA | 2019-06-30 | $100M | $84.3M | 10.3% | 1.21x | 0.19x | SOURCE ↗◆ |
| Florida SBA | 2019-03-31 | $100M | $83.4M | 12.1% | 1.22x | 0.19x | SOURCE ↗◆ |
| Florida SBA | 2018-12-31 | $100M | $81.6M | 13.4% | 1.22x | 0.19x | SOURCE ↗◆ |
| Florida SBA | 2018-09-30 | $100M | $80.1M | 10.2% | 1.14x | 0.19x | SOURCE ↗◆ |
| Florida SBA | 2018-06-30 | $100M | $76.2M | 11.1% | 1.14x | 0.20x | SOURCE ↗◆ |
| Florida SBA | 2018-03-31 | $100M | $73.7M | 12.8% | 1.14x | 0.19x | SOURCE ↗◆ |
| Florida SBA | 2017-12-31 | $100M | $67.7M | 15.3% | 1.15x | 0.21x | SOURCE ↗◆ |
| Florida SBA | 2017-09-30 | $100M | $60.1M | 16.5% | 1.14x | 0.23x | SOURCE ↗◆ |
| Florida SBA | 2017-06-30 | $100M | $52.1M | 16.5% | 1.13x | 0.26x | SOURCE ↗◆ |
| Florida SBA | 2017-03-31 | $100M | $38.2M | 24.4% | 1.20x | 0.33x | SOURCE ↗◆ |
| Florida SBA | 2016-12-31 | $100M | $31.6M | 31.2% | 1.24x | 0.04x | SOURCE ↗◆ |
| Florida SBA | 2016-09-30 | $100M | $26.5M | -8.9% | 0.95x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2016-06-30 | $100M | $21.3M | -18.9% | 0.91x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2016-03-31 | $100M | $10.7M | -33.3% | 0.80x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2015-12-31 | $100M | $6.9M | — | 0.73x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2015-09-30 | $100M | $4.3M | — | 0.80x | 0.00x | SOURCE ↗◆ |