{"asOf":"2026-07-28","currency":"USD","free":true,"updateCadence":"Daily cache; underlying official sources update periodically.","sourcePolicy":"Official firm disclosures and portfolios, plus the free public CalPERS private-equity performance table. No paid API and no invented values.","performanceSource":"https://www.calpers.ca.gov/investments/about-investment-office/investment-organization/pep-fund-performance","methodology":{"title":"Comparable where possible, explicit where not","notes":["AUM ranks only firms with an official, public and date-tagged disclosure.","RAUM is retained as reported and is not silently relabelled as conventional AUM.","Performance is a selected CalPERS fund or managed-account observation, not a firm-wide gain.","Fund returns can be interim, lagged and sensitive to valuation methodology."]},"query":{"sort":"aum","sector":null},"count":7,"firms":[{"rank":1,"slug":"general-atlantic","name":"General Atlantic","shortName":"GA","scope":"Growth equity · credit · energy transition · infrastructure","headquarters":"New York · global","aumB":126,"aumLabel":"$126B","aumDefinition":"AUM","aumAsOf":"2025-12-31","aumSourceUrl":"https://www.generalatlantic.com/media-article/farther-raises-150-million-series-d-led-by-general-atlantic-to-scale-intelligent-wealth-management/","portfolioUrl":"https://www.generalatlantic.com/investments/?type=current","officialUrl":"https://www.generalatlantic.com/","logoPath":"/vc-logos/general-atlantic.png","logoSourceUrl":"https://www.generalatlantic.com/wp-content/uploads/2024/07/favicon.png","performance":{"status":"reported","fundName":"General Atlantic Managed Account","vintage":2020,"netIrrPct":8.6,"multipleX":1.3,"asOf":"2025-09-30","sourceUrl":"https://www.calpers.ca.gov/investments/about-investment-office/investment-organization/pep-fund-performance","note":"Selected CalPERS managed account; not a firm-wide return."},"investments":[{"name":"Anthropic","sector":"AI","stage":"Growth"},{"name":"Runway","sector":"Generative AI","stage":"Growth"},{"name":"Chime","sector":"Fintech","stage":"Growth"}]},{"rank":2,"slug":"a16z","name":"Andreessen Horowitz","shortName":"a16z","scope":"Seed · venture · growth technology","headquarters":"Menlo Park · global portfolio","aumB":100,"aumLabel":"$100B+","aumDefinition":"AUM","aumAsOf":"2026-04-30","aumSourceUrl":"https://a16z.com/about/","portfolioUrl":"https://a16z.com/investments/","officialUrl":"https://a16z.com/","logoPath":"/vc-logos/a16z.png","logoSourceUrl":"https://d1lamhf6l6yk6d.cloudfront.net/uploads/2025/06/Favicon-%E2%80%94-48x48px.png","performance":{"status":"not-disclosed","fundName":null,"vintage":null,"netIrrPct":null,"multipleX":null,"asOf":"2026-07-28","sourceUrl":"https://a16z.com/about/","note":"No comparable firm-wide or selected-LP metric is disclosed in this dataset."},"investments":[{"name":"Databricks","sector":"AI infrastructure","stage":"Growth"},{"name":"Coinbase","sector":"Crypto","stage":"Venture"},{"name":"GitHub","sector":"Developer tools","stage":"Venture · exited"}]},{"rank":3,"slug":"insight-partners","name":"Insight Partners","shortName":"Insight","scope":"Software scale-up · growth · late stage","headquarters":"New York · global","aumB":90,"aumLabel":"$90B+","aumDefinition":"RAUM","aumAsOf":"2025-12-31","aumSourceUrl":"https://www.insightpartners.com/about-us/","portfolioUrl":"https://www.insightpartners.com/portfolio/","officialUrl":"https://www.insightpartners.com/","logoPath":"/vc-logos/insight.png","logoSourceUrl":"https://www.insightpartners.com/wp-content/themes/insight/images/cropped-IP-icon-orange-grey-rgb-192x192.png","performance":{"status":"reported","fundName":"Insight Venture Partners X","vintage":2018,"netIrrPct":21.7,"multipleX":2.8,"asOf":"2025-09-30","sourceUrl":"https://www.calpers.ca.gov/investments/about-investment-office/investment-organization/pep-fund-performance","note":"Selected CalPERS fund; not a firm-wide return."},"investments":[{"name":"Wiz","sector":"Cybersecurity","stage":"Growth"},{"name":"Databricks","sector":"AI infrastructure","stage":"Growth"},{"name":"Hinge Health","sector":"Digital health","stage":"Growth"}]},{"rank":4,"slug":"general-catalyst","name":"General Catalyst","shortName":"GC","scope":"Venture · growth · transformation","headquarters":"Cambridge · global","aumB":43,"aumLabel":"$43B+","aumDefinition":"AUM","aumAsOf":"2025-09-30","aumSourceUrl":"https://www.generalcatalyst.com/","portfolioUrl":"https://www.generalcatalyst.com/portfolio","officialUrl":"https://www.generalcatalyst.com/","logoPath":"/vc-logos/general-catalyst.png","logoSourceUrl":"https://cdn.prod.website-files.com/69df4e62ff62d7b5568fc58b/6a0464cb93755bd87079525a_GC_Symbol_Black_RGB%201%20(1).png","performance":{"status":"not-meaningful","fundName":"General Catalyst Group XI Health Assurance","vintage":2021,"netIrrPct":null,"multipleX":null,"asOf":"2025-09-30","sourceUrl":"https://www.calpers.ca.gov/investments/about-investment-office/investment-organization/pep-fund-performance","note":"CalPERS reports the selected fund as N/M; the investment is too early for a meaningful result."},"investments":[{"name":"Anthropic","sector":"AI","stage":"Growth"},{"name":"Stripe","sector":"Fintech","stage":"Venture"},{"name":"Anduril","sector":"Defense technology","stage":"Growth"}]},{"rank":5,"slug":"lightspeed","name":"Lightspeed Venture Partners","shortName":"Lightspeed","scope":"Multi-stage venture","headquarters":"Menlo Park · global","aumB":25,"aumLabel":"$25B","aumDefinition":"AUM","aumAsOf":"2026 page snapshot","aumSourceUrl":"https://lsvp.com/global-presence/lightspeed-united-states/","portfolioUrl":"https://lsvp.com/companies/","officialUrl":"https://lsvp.com/","logoPath":"/vc-logos/lightspeed.svg","logoSourceUrl":"https://lsvp.com/wp-content/uploads/2023/04/favico.svg","performance":{"status":"reported","fundName":"Lightspeed Venture Partners XIV-B (Ignite)","vintage":2022,"netIrrPct":30.1,"multipleX":1.7,"asOf":"2025-09-30","sourceUrl":"https://www.calpers.ca.gov/investments/about-investment-office/investment-organization/pep-fund-performance","note":"Selected CalPERS fund; not a firm-wide return."},"investments":[{"name":"Affirm","sector":"Fintech","stage":"Venture · public"},{"name":"Rubrik","sector":"Cybersecurity","stage":"Venture · public"},{"name":"MuleSoft","sector":"Enterprise software","stage":"Venture · exited"}]},{"rank":6,"slug":"nea","name":"New Enterprise Associates","shortName":"NEA","scope":"Technology · healthcare · multi-stage venture","headquarters":"Menlo Park · New York","aumB":25,"aumLabel":"$25B+","aumDefinition":"AUM","aumAsOf":"2022-12-31","aumSourceUrl":"https://www.nea.com/news/press-releases/nea-closes-on-two-funds-totaling-62-billion","portfolioUrl":"https://www.nea.com/portfolio","officialUrl":"https://www.nea.com/","logoPath":"/vc-logos/nea.svg","logoSourceUrl":"https://statamic.nea.com/assets/favicons/nea_favicon_16x16px.svg","performance":{"status":"not-disclosed","fundName":null,"vintage":null,"netIrrPct":null,"multipleX":null,"asOf":"2026-07-28","sourceUrl":"https://www.nea.com/news/press-releases/nea-closes-on-two-funds-totaling-62-billion","note":"No comparable firm-wide or selected-LP metric is disclosed in this dataset."},"investments":[{"name":"Robinhood","sector":"Fintech","stage":"Venture · public"},{"name":"Cloudflare","sector":"Cloud infrastructure","stage":"Venture · public"},{"name":"Coursera","sector":"Education technology","stage":"Venture · public"}]},{"rank":7,"slug":"bessemer","name":"Bessemer Venture Partners","shortName":"Bessemer","scope":"Early-stage venture · growth","headquarters":"Redwood City · global","aumB":20,"aumLabel":"$20B+","aumDefinition":"AUM","aumAsOf":"2022 release","aumSourceUrl":"https://www.bvp.com/news/expanding-opportunities-with-3-85-billion-for-early-stage-investments","portfolioUrl":"https://www.bvp.com/portfolio","officialUrl":"https://www.bvp.com/","logoPath":"/vc-logos/bessemer.ico","logoSourceUrl":"https://www.bvp.com/favicon.ico","performance":{"status":"not-meaningful","fundName":"Bessemer Venture Partners XII Institutional","vintage":2024,"netIrrPct":null,"multipleX":null,"asOf":"2025-09-30","sourceUrl":"https://www.calpers.ca.gov/investments/about-investment-office/investment-organization/pep-fund-performance","note":"CalPERS reports the selected fund as N/M; the investment is too early for a meaningful result."},"investments":[{"name":"Shopify","sector":"Commerce software","stage":"Venture · public"},{"name":"Twilio","sector":"Cloud communications","stage":"Venture · public"},{"name":"Toast","sector":"Fintech software","stage":"Venture · public"}]}]}