This is a pooled fund: many plans invest in it, and it holds the underlying securities.
This filing is a Direct Filing Entity (DFE) — a master trust or collective investment trust that pools assets from multiple participating plans. It does not have plan participants of its own, and the Plan Health Score formula doesn’t apply. Individual participant-facing plans that invest in this trust are the appropriate target for fiduciary analysis.
Cited interest vs pooled assets: cited interest sums what each participating plan reported holding in this trust, measured at that plan’s own year-end — and those filings span different years. Pooled assets is this single filing’s balance at one date. They’re independent measurements, so cited interest can land slightly above or below the pooled balance and won’t reconcile exactly.
Why no Schedule of Assets here? DFE holdings often live on the master trust’s own audited statement, not as a 4i schedule on the participating plans’ filings. We’re extending the parsing pipeline to cover DFE filings — see Methodology.
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Index Ventures Growth III, L.P. partnership investment | — | — | $11.5M | $63.9M | 6.9% | |
| Total Direct Investments held at December 31, 2024 | — | — | $29.0M | $55.0M | 5.9% | |
| Summit Partners Europe Growth Equity Fund II, SCSp partnership investment | — | — | $18.3M | $48.2M | 5.2% | |
| CVC Capital Partners VII Limited partnership investment | — | — | $28.0M | $45.9M |
| 5.0% |
| Index Ventures VIII, L.P. partnership investment | — | — | $7.2M | $31.3M | 3.4% |
| Advent International GPE VIII Limited Partnership (USD) partnership investment | — | — | $19.0M | $30.0M | 3.2% |
| IDG China Venture Capital Fund V L.P. partnership investment | — | — | $17.4M | $29.9M | 3.2% |
| HV Holtzbrinck Ventures Fund VI SCS partnership investment | — | — | $17.2M | $28.8M | 3.1% |
| Index Ventures VII, L.P. partnership investment | — | — | $3.2M | $28.3M | 3.1% |
| HgCapital Mercury 2 partnership investment | — | — | $11.0M | $28.0M | 3.0% |
| Boyu Capital Fund III, L.P. partnership investment | — | — | $14.5M | $26.7M | 2.9% |
| FIMI Opportunity 6, L.P. partnership investment | — | — | $12.9M | $25.9M | 2.8% |
| Investindustrial VI L.P. partnership investment | — | — | $13.6M | $22.4M | 2.4% |
| CGS IV (Jersey) Limited Partnership investment | — | — | $17.1M | $22.2M | 2.4% |
| Adelis Equity Partners Fund II, AB partnership investment | — | — | $14.9M | $18.7M | 2.0% |
| Magnetic Fund I, L.P. partnership investment | — | — | $3.1M | $18.6M | 2.0% |
| Advent Latin American Private Equity Fund VI Limited Partnership investment | — | — | $10.6M | $17.3M | 1.9% |
| Solace Systems LP Interest | — | — | $4.5M | $17.0M | 1.8% |
| IDG China Venture Capital Fund IV L.P. partnership investment | — | — | $5.7M | $16.4M | 1.8% |
| AION Direct Private II Limited Class A Shares | — | — | $11.0M | $16.3M | 1.8% |
| VIG Private Equity Fund III partnership investment | — | — | $17.7M | $16.1M | 1.7% |
| EQT VII partnership investment | — | — | $10.3M | $15.1M | 1.6% |
| Everstone Capital Partners III LP partnership investment | — | — | $6.4M | $13.3M | 1.4% |
| Fortissimo Capital Fund IV partnership investment | — | — | $9.5M | $13.2M | 1.4% |
| Helios Investors III, L.P. partnership investment | — | — | $10.8M | $13.2M | 1.4% |
| Bain Capital Asia Fund III, L.P. partnership investment | — | — | $7.5M | $12.9M | 1.4% |
| DCM Ventures China Fund (DCM VIII), L.P. partnership investment | — | — | $6.9M | $12.1M | 1.3% |
| LC Fund VII, L.P. partnership investment | — | — | $6.5M | $11.4M | 1.2% |
| Partnership Investments ACE Redpoint Ventures China I, L.P. partnership investment | — | — | $7.3M | $11.2M | 1.2% |
| The Growth Fund 3 partnership investment | — | — | $727K | $11.2M | 1.2% |
| CITIC Capital China Partners III, L.P. partnership investment | — | — | $9.0M | $11.1M | 1.2% |
| Waterland Private Equity Fund VI C.V. partnership investment | — | — | $9.1M | $11.0M | 1.2% |
| Ascendent Capital Partners II, L.P. partnership investment | — | — | $7.4M | $10.7M | 1.2% |
| Hahn & Company II L.P. partnership investment | — | — | $7.5M | $10.0M | 1.1% |
| F3 PRESTO HVD CV FUND AB partnership investment | — | — | $10.0M | $9.6M | 1.0% |
| Trustbridge Partners V, L.P. partnership investment | — | — | $10.1M | $9.1M | 1.0% |
| Orchid Asia VI, L.P. partnership investment | — | — | $3.8M | $8.9M | 1.0% |
| Mentha Capital Fund V C.V. partnership investment | — | — | $9.4M | $8.0M | 0.9% |
| LeasePlan (TDR Capital) LP Interest | — | — | $4.8M | $7.7M | 0.8% |
| Profi (MEF IV) LP Interest | — | — | $2.3M | $7.6M | 0.8% |
| Parcom Buy-Out Fund V C.V. partnership investment | — | — | $9.4M | $7.2M | 0.8% |
| Inflexion Buyout Fund IV partnership investment | — | — | $6.0M | $7.0M | 0.8% |
| Summa Equity I partnership investment | — | — | $8.2M | $6.5M | 0.7% |
| HIPEP VII Secondary L.P. partnership investment | — | — | $11.6M | $5.9M | 0.6% |
| LC Healthcare Fund I, L.P. partnership investment | — | — | $4.3M | $5.7M | 0.6% |
| Magnetic Fund II, L.P. partnership investment | — | — | $2.2M | $5.7M | 0.6% |
| HitecVision VII, L.P. partnership investment | — | — | $8.1M | $5.7M | 0.6% |
| Inflexion Supplemental Fund IV partnership investment | — | — | $3.0M | $5.3M | 0.6% |
| A-Fund II, L.P. partnership investment | — | — | $2.4M | $4.5M | 0.5% |
| Series A and Series B Convertible Preferred Equity Leasing Partners (Project Arriendo) Certificates and Class A Shares | — | — | $3.4M | $4.4M | 0.5% |
| Medicxi Ventures I LP (Index Ventures Life VII) partnership investment | — | — | $1.4M | $4.1M | 0.4% |
| Inflexion Enterprise Fund IV partnership investment | — | — | $2.2M | $3.5M | 0.4% |
| Medicxi Growth I LP partnership investment | — | — | $3.9M | $3.0M | 0.3% |
| Inflexion Partnership Capital Fund I partnership investment | — | — | $2.3M | $2.9M | 0.3% |
| DCM Ventures China Turbo Fund, L.P. partnership investment | — | — | $8.0M | $2.7M | 0.3% |
| Sunrise Capital III, L.P. partnership investment | — | — | $4.1M | $1.1M | 0.1% |
| Cruise.co.uk (Holdings) Loan Note, A Ordinary Shares and Priority Shares | — | — | $2.9M | $1.1M | 0.1% |
| TeamViewer (HarbourVest Two Six Tiger) LLC Interest | — | — | $223K | $889K | <0.1% |
| Marketable Securities Robinhood | — | — | $526K | $454K | <0.1% |
