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Rhode Island State Investment Commission

PERFORMANCE SUMMARY: FUNDS IV - VII At December 31, 2019 ($ in 000s) Fund IV Fund V Fund VI (1) Vintage Year Fund VII Total: Funds IV - VII ENDEAVOUR 2004 2008 2011 2016 # Investments / # Realized 12/12 11/9 12/7 10/0 45 / 28 $ Invested Capital Realized + Unrealized Investments Cash Returned + Unrealized Value 233,812 $ 1,017,969 403,541 1,102,166 1,158,540 579,599 502,860 929,729 1,719,812 $ 4,208,404 Gross ΜΟΙ Gross IRR 4.4x 32.4% 2.7x 15.7% 2.0x 15.8% 1.8x 25.1% 2.4x 24.4% Net ΜΟΙ (1) Endeavour Capital Fund VII Net MOI and Net IRR are comprised of Endeavour Capital Fund VII, L.P. and Endeavour Associates Fund VII, L.P. (Endeavour GP Fund VII, L.P. is excluded). Please see important definitions and disclaimers sections in this document Net IRR 3.3x 25.5% 2.1x 11.3% 1.6x 10.8% 1.5x 18.1% 1.9x 17.4% 15
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