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KSL Capital Partners IV

KSL CapitalVINTAGE 2015

NET IRR

12.3%

TVPI

1.62x

DPI

0.81x

COMMITMENT

$150M

LP SOURCES

3

VALUATION SPREAD1.60x – 1.62x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
Oregon OPERF	2025-09-30	$150M	$189.3M	12.3%	1.62x	0.81x	SOURCE ↗◆
WSIB	2025-09-30	$250M	$317.1M	12.3%	1.60x	0.81x	SOURCE ↗◆
UTIMCO	2025-08-31	—	—	—	—	—	SOURCE ↗◆