← Technology Crossover Ventures

TCV IX, L.P.

Technology Crossover VenturesVINTAGE 2016

NET IRR

19.9%

TVPI

2.30x

DPI

1.44x

COMMITMENT

$200M

LP SOURCES

3

VALUATION SPREAD2.15x – 2.30x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
WSIB	2025-09-30	$200M	$179.6M	19.9%	2.30x	1.44x	SOURCE ↗◆
LACERS	2025-06-30	$10M	$8M	19.7%	—	—	SOURCE ↗◆
NC Retirement	2025-06-30	$150M	$119.1M	18.9%	2.15x	1.45x	SOURCE ↗◆