JMI Equity Fund VIII, L.P.

JMI EquityVINTAGE 2015

NET IRR

26.7%

TVPI

2.45x

DPI

1.95x

COMMITMENT

$100M

LP SOURCES

3

VALUATION SPREAD2.40x – 2.45x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
CalSTRS	2025-06-30	$100M	$111.4M	26.7%	2.45x	1.95x	SOURCE ↗◆
Wisconsin SWIB	2024-12-31	—	—	—	—	—	SOURCE ↗◆
PA SERS	2024-09-30	$25M	$27.8M	27.1%	2.40x	1.92x	SOURCE ↗◆