← EnCap Investments
EnCap Energy Capital Fund XI
EnCap InvestmentsVINTAGE 2017
NET IRR
21.5%
TVPI
—
DPI
—
COMMITMENT
$40M
LP SOURCES
34
VALUATION SPREAD1.89x – 1.94x TVPI across 2 sources
SEC REGISTRATION · FORM ADV SCHEDULE D
SEC IAPD ↗GROSS ASSET VALUE
$9.1B
MIN INVESTMENT
$1.0M
INVESTORS
443
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 |
|---|---|---|---|---|---|---|---|
| MainePERS | 2025-09-30 | $40M | $47.9M | 21.5% | — | — | SOURCE ↗◆ |
| LACERS | 2025-06-30 | $40M | $40.1M | 21.3% | — | — | SOURCE ↗◆ |
| CalSTRS | 2025-06-30 | $300M | $300.5M | 21.3% | 1.94x | 1.30x | SOURCE ↗◆ |
| Florida SBA | 2025-06-30 | $100M | $105.3M | 21.3% | 1.89x | 1.28x | SOURCE ↗◆ |
| Florida SBA | 2025-03-31 | $100M | $103.8M | 22.0% | 1.92x | 1.18x | SOURCE ↗◆ |
| Florida SBA | 2024-12-31 | $100M | $103.2M | 22.6% | 1.93x | 1.05x | SOURCE ↗◆ |
| Florida SBA | 2024-09-30 | $100M | $102.4M | 21.4% | 1.82x | 0.64x | SOURCE ↗◆ |
| Florida SBA | 2024-06-30 | $100M | $101.9M | 22.2% | 1.80x | 0.62x | SOURCE ↗◆ |
| Florida SBA | 2024-03-31 | $100M | $99.1M | 20.6% | 1.69x | 0.60x | SOURCE ↗◆ |
| Florida SBA | 2023-12-31 | $100M | $99.1M | 19.4% | 1.59x | 0.55x | SOURCE ↗◆ |
| Florida SBA | 2023-09-30 | $100M | $96.3M | 21.1% | 1.63x | 0.51x | SOURCE ↗◆ |
| Florida SBA | 2022-09-30 | $100M | $81.3M | 18.8% | 1.41x | 0.21x | SOURCE ↗◆ |
| Florida SBA | 2022-06-30 | $100M | $75.1M | 18.8% | 1.39x | 0.18x | SOURCE ↗◆ |
| Florida SBA | 2022-03-31 | $100M | $72.8M | 12.7% | 1.22x | 0.09x | SOURCE ↗◆ |
| Florida SBA | 2021-12-31 | $100M | $57.4M | 6.3% | 1.12x | 0.05x | SOURCE ↗◆ |
| Florida SBA | 2021-09-30 | $100M | $48M | -1.6% | 0.97x | 0.03x | SOURCE ↗◆ |
| Florida SBA | 2021-06-30 | $100M | $44.5M | -8.6% | 0.86x | 0.03x | SOURCE ↗◆ |
| Florida SBA | 2021-03-31 | $100M | $36.3M | -19.3% | 0.69x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2020-12-31 | $100M | $34.7M | -26.3% | 0.63x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2020-09-30 | $100M | $31.6M | -31.9% | 0.58x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2020-06-30 | $100M | $30.2M | -34.3% | 0.59x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2020-03-31 | $100M | $29.6M | -40.6% | 0.60x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2019-12-31 | $100M | $29.6M | -24.6% | 0.80x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2019-09-30 | $100M | $20.4M | -19.0% | 0.82x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2019-06-30 | $100M | $18.1M | -19.8% | 0.83x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2019-03-31 | $100M | $14.4M | -22.4% | 0.82x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2018-12-31 | $100M | $10.7M | -29.7% | 0.77x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2018-09-30 | $100M | $9.3M | -33.8% | 0.78x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2018-06-30 | $100M | $8.3M | — | 0.80x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2018-03-31 | $100M | $7.1M | — | 0.82x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2017-12-31 | $100M | $3.6M | — | 0.75x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2017-09-30 | $100M | $1.7M | — | 0.69x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2017-06-30 | $100M | $0M | — | — | — | SOURCE ↗◆ |
| Florida SBA | 2017-03-31 | $100M | $0M | — | — | — | SOURCE ↗◆ |