Trident

Trident IX, L.P.

TridentVINTAGE 2022

NET IRR

17.4%

TVPI

1.33x

DPI

0.12x

COMMITMENT

$500M

LP SOURCES

7

VALUATION SPREAD1.30x – 1.33x TVPI across 3 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
CalPERS2025-09-30$500M$445.2M17.4%1.33x0.12xSOURCE ↗
WSIB2025-09-30$300M$317.9M16.7%1.30x0.10xSOURCE ↗
UTIMCO2025-08-31SOURCE ↗
CalSTRS2025-06-30$300M$267.1M18.3%1.30x0.12xSOURCE ↗
Illinois TRS2025-06-30SOURCE ↗
Wisconsin SWIB2024-12-31SOURCE ↗
Florida SBA2021-12-31$100M$0MSOURCE ↗