← Quadrangle Capital

Quadrangle Capital Partners II, L.P.

Quadrangle CapitalVINTAGE 2005

NET IRR

6.9%

TVPI

1.51x

DPI

1.51x

COMMITMENT

$100M

LP SOURCES

2

VALUATION SPREAD1.45x – 1.51x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
CalSTRS	2025-06-30	$100M	$86.1M	6.9%	1.51x	1.51x	SOURCE ↗◆
NJ DOI	2025-04-30	$50M	$48.5M	—	1.45x	1.45x	SOURCE ↗◆