GTCR Fund XII, L.P.

GTCRVINTAGE 2018

NET IRR

19.1%

TVPI

1.90x

DPI

1.13x

COMMITMENT

$400M

LP SOURCES

4

VALUATION SPREAD1.80x – 1.90x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
WSIB	2025-09-30	$400M	$421.4M	19.1%	1.90x	1.13x	SOURCE ↗◆
MainePERS	2025-09-30	$50M	$54.2M	19.1%	—	—	SOURCE ↗◆
Wisconsin SWIB	2024-12-31	—	—	—	—	—	SOURCE ↗◆
PA SERS	2024-09-30	$32.5M	$33.4M	21.5%	1.80x	0.62x	SOURCE ↗◆