AEA Investors Fund V LP

0001145549-22-054702.txt : 20220829 0001145549-22-054702.hdr.sgml : 20220829 20220829151049 ACCESSION NUMBER: 0001145549-22-054702 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220630 FILED AS OF DATE: 20220829 DATE AS OF CHANGE: 20220829 PERIOD START: 20230331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FlowStone Opportunity Fund CENTRAL INDEX KEY: 0001741739 IRS NUMBER: 364909711 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-23352 FILM NUMBER: 221210798 BUSINESS ADDRESS: STREET 1: 55 NOD ROAD STREET 2: SUITE 120 CITY: AVON STATE: CT ZIP: 06001 BUSINESS PHONE: 312-429-2419 MAIL ADDRESS: STREET 1: 55 NOD ROAD STREET 2: SUITE 120 CITY: AVON STATE: CT ZIP: 06001 FORMER COMPANY: FORMER CONFORMED NAME: Cresset Private Markets Opportunity Fund DATE OF NAME CHANGE: 20190130 FORMER COMPANY: FORMER CONFORMED NAME: Cresset Private Equity Opportunity Fund DATE OF NAME CHANGE: 20180523 NPORT-P 1 primary_doc.xml NPORT-P false 0001741739 XXXXXXXX FLOWSTONE OPPORTUNITY FUND 811-23352 0001741739 54930070WA2NYCEI1614 55 Nod Road Suite 120 Avon 06001 3124292419 FLOWSTONE OPPORTUNITY FUND 54930070WA2NYCEI1614 2023-03-31 2022-06-30 N 380653537.688500000000 2038410.592040000000 378615127.096400000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 131126796.811500000000 N AEA Investors Fund V LP N/A AEA Investors Fund V LP 999999999 988751 OU Other Units USD 988751 0.2611493649 Long PF US Y N/A N N N AEA-SEI Holding II (Delta Rigging) N/A AEA-SEI Holding II (Delta Rigging) 999999999 1348218 OU Other Units USD 1348218 0.3560919529 Long PF US Y N/A N N N AIC Credit Opportunities Partners Fund II L.P. N/A AIC Credit Opportunities Partners Fund II L.P. 999999999 6225603 OU Other Units USD 6225603 1.6443091030 Long PF US Y N/A N N N American Securities Partners VI, L.P. N/A American Securities Partners VI, L.P. 999999999 3008810 OU Other Units USD 3008810 0.7946882691 Long PF US Y N/A N N N Ampersand 2006 Limited Partnership N/A Ampersand 2006 Limited Partnership 999999999 59757 OU Other Units USD 59757 0.0157830461 Long PF US Y N/A N N N Ampersand CF Limited Partnership - Class A N/A Ampersand CF Limited Partnership - Class A 999999999 1336121.53 OU Other Units USD 1336121.53 0.3528970277 Long PF US Y N/A N N N Ampersand CF Limited Partnership - Class B N/A Ampersand CF Limited Partnership - Class B 999999999 2382232.47 OU Other Units USD 2382232.47 0.6291963262 Long PF US Y N/A N N N Apax X USD, L.P. N/A Apax X USD, L.P. 999999999 1491795 OU Other Units USD 1491795 0.3940135756 Long PF GG Y N/A N N N Arsenal Capital Partners III-B LP N/A Arsenal Capital Partners III-B LP 999999999 1744182 OU Other Units USD 1744182 0.4606741451 Long PF US Y N/A N N N Audax Mezzanine Fund III, L.P. N/A Audax Mezzanine Fund III, L.P. 999999999 502529 OU Other Units USD 502529 0.1327281886 Long PF US Y N/A N N N Bain Capital Europe III, L.P. N/A Bain Capital Europe III, L.P. 999999999 68925.276 OU Other Units 68925.276 0.0182045753 Long PF US Y N/A N N N BC European Capital IX N/A BC European Capital IX 999999999 9893897.999999 OU Other Units 9893897.999999 2.6131808509 Long PF GG Y N/A N N N BC Partners Galileo (2) L.P. N/A BC Partners Galileo (2) L.P. 999999999 2689281 OU Other Units 2689281 0.7102941239 Long PF GG Y N/A N N N Caltius Partners IV, L.P. N/A Caltius Partners IV, L.P. 999999999 5609550 OU Other Units USD 5609550 1.4815969037 Long PF US Y N/A N N N Canaan VII, L.P. N/A Canaan VII, L.P. 999999999 886875 OU Other Units USD 886875 0.2342418294 Long PF US Y N/A N N N Carlyle Europe Partners IV, L.P. N/A Carlyle Europe Partners IV, L.P. 999999999 2179426.003251 OU Other Units 2179426.003251 0.5756309897 Long PF GB Y 3 N N N Carlyle Partners VI, L.P. N/A Carlyle Partners VI, L.P. 999999999 2830023 OU Other Units USD 2830023 0.7474669651 Long PF US Y N/A N N N Castle Harlan Partners V & AIV N/A Castle Harlan Partners V & AIV 999999999 1163709.69 OU Other Units USD 1163709.69 0.3073595339 Long PF US Y 3 N N N Catterton Partners VI, L.P. N/A Catterton Partners VI, L.P. 999999999 1023227 OU Other Units USD 1023227 0.2702551818 Long PF US Y N/A N N N Centerbridge Special Credit Partners N/A Centerbridge Special Credit Partners 999999999 61098 OU Other Units USD 61098 0.0161372316 Long PF US Y N/A N N N Cerberus Institutional Partners VI, L.P. N/A Cerberus Institutional Partners VI, L.P. 999999999 1864242 OU Other Units USD 1864242 0.4923844470 Long PF US Y N/A N N N Clayton,Dubilier & Rice Fund IX, LP N/A Clayton,Dubilier & Rice Fund IX, LP 999999999 7090375 OU Other Units USD 7090375 1.8727130779 Long PF US Y N/A N N N Clearlake Capital Partners VII (USTE), L.P. N/A Clearlake Capital Partners VII (USTE), L.P. 999999999 -101373 OU Other Units USD -101373 -0.0267746830 Long PF US Y N/A N N N Court Square Capital Partners (Offshore) III, L.P. N/A Court Square Capital Partners (Offshore) III, L.P. 999999999 4684673 OU Other Units USD 4684673 1.2373179688 Long PF US Y N/A N N N CRG Partners III (Holdings I) L.P. N/A CRG Partners III (Holdings I) L.P. 999999999 703301 OU Other Units USD 703301 0.1857561808 Long PF US Y 3 N N N Crosslink Ventures V, L.P. N/A Crosslink Ventures V, L.P. 999999999 478388 OU Other Units USD 478388 0.1263520567 Long PF US Y 3 N N N CVC Capital Partners VI (A) L.P. N/A CVC Capital Partners VI (A) L.P. 999999999 6652692.4296 OU Other Units 6652692.4296 1.7571121578 Long PF JE Y N/A N N N Dace Ventures I, LP N/A Dace Ventures I, LP 999999999 353500 OU Other Units USD 353500 0.0933665812 Long PF US Y N/A N N N DBAG Fund VI (Guernsey) L.P. N/A DBAG Fund VI (Guernsey) L.P. 999999999 1414929.2304 OU Other Units 1414929.2304 0.3737117535 Long PF GG Y N/A N N N DFJ Growth 2006 Continuation, L.P. N/A DFJ Growth 2006 Continuation, L.P. 999999999 4825551 OU Other Units USD 4825551 1.2745267304 Long PF KY Y 3 N N N EagleTree Partners IV, LP N/A EagleTree Partners IV, LP 999999999 1819004 OU Other Units USD 1819004 0.4804361659 Long PF US Y N/A N N N Emerald Partners V, LP N/A Emerald Partners V, LP 999999999 3072 OU Other Units USD 3072 0.0008113780 Long PF US Y 3 N N N EnerTech Capital Partners III, L.P. N/A EnerTech Capital Partners III, L.P. 999999999 283698 OU Other Units USD 283698 0.0749304451 Long PF US Y N/A N N N Falcon Strategic Partners III, L.P. N/A Falcon Strategic Partners III, L.P. 999999999 2712822 OU Other Units USD 2712822 0.7165117836 Long PF US Y N/A N N N Fin VC Flagship II, LP N/A Fin VC Flagship II, LP 999999999 865687.41 OU Other Units USD 865687.41 0.2286457534 Long PF US Y N/A N N N Fin Venture Capital I, L.P. N/A Fin Venture Capital I, L.P. 999999999 11745355.04 OU Other Units USD 11745355.04 3.1021885285 Long PF US Y N/A N N N Francisco Partners III, L.P. N/A Francisco Partners III, L.P. 999999999 1841386 OU Other Units USD 1841386 0.4863477099 Long PF US Y N/A N N N GF Capital Private Equity Fund II-B, L.P. N/A GF Capital Private Equity Fund II-B, L.P. 999999999 4767500 OU Other Units USD 4767500 1.2591942738 Long PF US Y N/A N N N Great Hill Equity Partners VIII, L.P. N/A Great Hill Equity Partners VIII, L.P. 999999999 -15864 OU Other Units USD -15864 -0.0041900069 Long PF US Y N/A N N N Hony Capital Fund V, L.P. N/A Hony Capital Fund V, L.P. 999999999 1641935.59 OU Other Units USD 1641935.59 0.4336687767 Long PF US Y N/A N N N ICG Ludgate Hill IB SCSp N/A ICG Ludgate Hill IB SCSp 999999999 25292642.4303 OU Other Units 25292642.4303 6.6803042510 Long PF LU Y 3 N N N Icon Partners IV, L.P. N/A Icon Partners IV, L.P. 999999999 8542691 OU Other Units USD 8542691 2.2562994420 Long PF US Y N/A N N N Icon Partners V, L.P. N/A Icon Partners V, L.P. 999999999 7593930 OU Other Units USD 7593930 2.0057122541 Long PF US Y N/A N N N IK VII Fund N/A IK VII Fund 999999999 649982.6172 OU Other Units 649982.6172 0.1716737052 Long PF JE Y N/A N N N Institutional Venture Partners XII, L.P. N/A Institutional Venture Partners XII, L.P. 999999999 96975 OU Other Units USD 96975 0.0256130812 Long PF US Y 3 N N N Institutional Venture Partners XIV, L.P N/A Institutional Venture Partners XIV, L.P 999999999 2645915 OU Other Units USD 2645915 0.6988402762 Long PF US Y N/A N N N Intermediate Capital Asia Pacific Fund 2008, L.P. N/A Intermediate Capital Asia Pacific Fund 2008, L.P. 999999999 756185 OU Other Units USD 756185 0.1997239270 Long PF JE Y N/A N N N JFL-NG Continuation Fund, L.P. N/A JFL-NG Continuation Fund, L.P. 999999999 3953789 OU Other Units USD 3953789 1.0442765534 Long PF US Y N/A N N N JK&B Capital V, L.P. N/A JK&B Capital V, L.P. 999999999 196399 OU Other Units USD 196399 0.0518729934 Long PF US Y 3 N N N Lincolnshire Equity Fund IV-A, L.P. N/A Lincolnshire Equity Fund IV-A, L.P. 999999999 3304525 OU Other Units USD 3304525 0.8727926497 Long PF US Y N/A N N N Liquid Stock I, LP N/A Liquid Stock I, LP 999999999 5174298 OU Other Units USD 5174298 1.3666379470 Long PF US Y N/A N N N Littlejohn Fund IV, LP N/A Littlejohn Fund IV, LP 999999999 513266 OU Other Units USD 513266 0.1355640499 Long PF US Y 3 N N N Lord Investment S.a r.l. (Valextra SpA) N/A Lord Investment S.a r.l. (Valextra SpA) 999999999 1779573.6 OU Other Units 1779573.6 0.4700217906 Long PF LU Y 3 N N N Madison Dearborn Capital Partners VIII-A, L.P. N/A Madison Dearborn Capital Partners VIII-A, L.P. 999999999 1812700 OU Other Units USD 1812700 0.4787711505 Long PF US Y N/A N N N MDV IX, L.P. N/A MDV IX, L.P. 999999999 2132212 OU Other Units USD 2132212 0.5631608056 Long PF US Y N/A N N N Milestone Partners FS N/A Milestone Partners FS 999999999 1416946 OU Other Units USD 1416946 0.3742444236 Long PF US Y N/A N N N Milestone Partners IV N/A Milestone Partners IV 999999999 1371424.35 OU Other Units USD 1371424.35 0.3622212246 Long PF US Y N/A N N N Morgenthaler Venture Partners IX, LP N/A Morgenthaler Venture Partners IX, LP 999999999 1340531 OU Other Units USD 1340531 0.3540616589 Long PF US Y N/A N N N NEO Capital Private Equity Fund II L.P. N/A NEO Capital Private Equity Fund II L.P. 999999999 1655266.8426 OU Other Units 1655266.8426 0.4371898332 Long PF GB Y N/A N N N New Mountain Partners VI, L.P. N/A New Mountain Partners VI, L.P. 999999999 856500 OU Other Units USD 856500 0.2262191705 Long PF US Y N/A N N N Northstar Mezzanine Partners V, L.P. N/A Northstar Mezzanine Partners V, L.P. 999999999 2068293 OU Other Units USD 2068293 0.5462784902 Long PF US Y N/A N N N NYLCAP Mezzanine Offshore Partners III, L.P. N/A NYLCAP Mezzanine Offshore Partners III, L.P. 999999999 680072 OU Other Units USD 680072 0.1796209267 Long PF US Y N/A N N N Oaktree European Principal Fund III (U.S.), L.P. N/A Oaktree European Principal Fund III (U.S.), L.P. 999999999 1856849 OU Other Units USD 1856849 0.4904318045 Long PF US Y N/A N N N Onex Partners III N/A Onex Partners III 999999999 681896 OU Other Units USD 681896 0.1801026824 Long PF US Y N/A N N N Park Square Capital Partners II, L.P. N/A Park Square Capital Partners II, L.P. 999999999 2008703.6613 OU Other Units 2008703.6613 0.5305397269 Long PF GG Y N/A N N N Parthenon Investors III, L.P. N/A Parthenon Investors III, L.P. 999999999 1814181 OU Other Units USD 1814181 0.4791623129 Long PF US Y N/A N N N Pegasus WSJLL Fund, L.P. N/A Pegasus WSJLL Fund, L.P. 999999999 8411841 OU Other Units USD 8411841 2.2217392803 Long PF US Y N/A N N N Permira V N/A Permira V 999999999 5647667.172 OU Other Units 5647667.172 1.4916644285 Long PF GG Y N/A N N N Platinum Equity Capital Partners III, L.P. N/A Platinum Equity Capital Partners III, L.P. 999999999 1854203 OU Other Units USD 1854203 0.4897329418 Long PF US Y 3 N N N Point 406 Ventures I, LP N/A Point 406 Ventures I, LP 999999999 751786 OU Other Units USD 751786 0.1985620611 Long PF US Y N/A N N N Pro SPV, LP N/A Pro SPV, LP 999999999 10612934 OU Other Units USD 10612934 2.8030929671 Long PF US Y N/A N N N PT2-A, L.P. N/A PT2-A, L.P. 999999999 6273507 OU Other Units USD 6273507 1.6569615293 Long PF US Y N/A N N N Quad-C Partners VIII, LP N/A Quad-C Partners VIII, LP 999999999 22392 OU Other Units USD 22392 0.0059141852 Long PF US Y N/A N N N Redpoint Ventures IV, L.P. N/A Redpoint Ventures IV, L.P. 999999999 2036199 OU Other Units USD 2036199 0.5378018083 Long PF US Y N/A N N N Rembrandt Venture Partners Fund Two, L.P. N/A Rembrandt Venture Partners Fund Two, L.P. 999999999 1052017 OU Other Units USD 1052017 0.2778592097 Long PF US Y N/A N N N Reverence Capital Partners Opportunities Fund I, L.P. N/A Reverence Capital Partners Opportunities Fund I, L.P. 999999999 2028032.49 OU Other Units USD 2028032.49 0.5356448659 Long PF US Y 3 N N N Riverstone Global Energy and Power Fund VI, LP N/A Riverstone Global Energy and Power Fund VI, LP 999999999 853688 OU Other Units USD 853688 0.2254764638 Long PF US Y N/A N N N Savant Growth Fund I, LP N/A Savant Growth Fund I, LP 999999999 1710664 OU Other Units USD 1710664 0.4518213557 Long PF US Y N/A N N N StepStone Real Estate Partners III, L.P. N/A StepStone Real Estate Partners III, L.P. 999999999 204696 OU Other Units USD 204696 0.0540644009 Long PF US Y 3 N N N Summit Partners Growth Equity Fund IX-A, L.P. N/A Summit Partners Growth Equity Fund IX-A, L.P. 999999999 3197657 OU Other Units USD 3197657 0.8445666248 Long PF US Y N/A N N N Summit Partners Subordinated Debt IV-B, L.P. N/A Summit Partners Subordinated Debt IV-B, L.P. 999999999 657545 OU Other Units USD 657545 0.1736710852 Long PF US Y N/A N N N TA Subordinated Debt Fund III, L.P. N/A TA Subordinated Debt Fund III, L.P. 999999999 927993 OU Other Units USD 927993 0.2451019343 Long PF US Y N/A N N N TCW/Crescent Mezzanine Partners VB, L.P. N/A TCW/Crescent Mezzanine Partners VB, L.P. 999999999 280858.58 OU Other Units USD 280858.58 0.0741804962 Long PF US Y N/A N N N The Peninsula Fund V, L.P. N/A The Peninsula Fund V, L.P. 999999999 13638736 OU Other Units USD 13638736 3.6022691710 Long PF US Y N/A N N N The Resolute Fund III, L.P. N/A The Resolute Fund III, L.P. 999999999 2252312 OU Other Units USD 2252312 0.5948816724 Long PF US Y N/A N N N The Veritas Capital Fund IV, LP N/A The Veritas Capital Fund IV, LP 999999999 101660 OU Other Units USD 101660 0.0268504856 Long PF US Y N/A N N N TowerBrook Investors IV (OS), L.P. N/A TowerBrook Investors IV (OS), L.P. 999999999 4752046 OU Other Units USD 4752046 1.2551125562 Long PF US Y N/A N N N Trident Capital IX, L.P. N/A Trident Capital IX, L.P. 999999999 -55000 OU Other Units USD -55000 -0.0145266251 Long PF US Y N/A N N N Tudor Ventures III L.P. N/A Tudor Ventures III L.P. 999999999 20333.2 OU Other Units USD 20333.2 0.0053704141 Long PF KY Y N/A N N N TZP Capital Partners I (PIV), LP N/A TZP Capital Partners I (PIV), LP 999999999 67275 OU Other Units USD 67275 0.0177687037 Long PF US Y N/A N N N TZP Capital Partners II-A (Blocker), LP N/A TZP Capital Partners II-A (Blocker), LP 999999999 969859 OU Other Units USD 969859 0.2561596013 Long PF US Y N/A N N N TZP Small Cap Partners I-A (Blocker), LP N/A TZP Small Cap Partners I-A (Blocker), LP 999999999 380094 OU Other Units USD 380094 0.1003906006 Long PF US Y N/A N N N Versant Venture Capital IV, L.P. N/A Versant Venture Capital IV, L.P. 999999999 1258336 OU Other Units USD 1258336 0.3323522781 Long PF US Y N/A N N N Warburg Pincus Global Growth 14, L.P. N/A Warburg Pincus Global Growth 14, L.P. 999999999 525788 OU Other Units USD 525788 0.1388713663 Long PF US Y N/A N N N 2022-07-06 FLOWSTONE OPPORTUNITY FUND /s/ Trent Statczar Trent Statczar Principal Financial Officer XXXX NPORT-EX 2 fsofpfsoi63022_nportex.htm 6.30.22 FSOF PART F SOI

FlowStone Opportunity Fund

Schedule of Investments

June 30, 2022 (Unaudited)

Investment Funds*	Geographic Region**	Investment Strategy	Shares		Cost		Fair Value			% of Shareholders' Capital		Original Acquisition Date
Primary Investments
Apax X USD, L.P.^(a)(b)	Guernsey	Leveraged Buyout			$	1,232,812	$	1,446,985			0.31%	3/3/2020
Clearlake Capital Partners VII (USTE), L.P.^(a)(b)	North America	Leveraged Buyout				3,083,000		2,897,912			0.62%	10/29/2021
Fin VC Flagship II, LP^(a)(b)	North America	Venture				1,340,268		1,344,176			0.29%	5/6/2021
Great Hill Equity Partners VIII, L.P.^(a)(b)(c)	North America	Leveraged Buyout				-		(235,538	)		-0.05%	1/31/2022
Liquid Stock I, L.P.^(a)(b)	North America	Private Equity Fund				3,680,998		4,908,646			1.05%	8/30/2019
Madison Dearborn Capital Partners VIII-A, L.P.^(b)	North America	Leveraged Buyout				1,889,266		2,019,238			0.43%	6/21/2021
New Mountain Partners VI, L.P.^(a)(b)	North America	Leveraged Buyout				1,184,625		1,195,000			0.26%	4/8/2020
Sun Capital Partners VIII-A, L.P.^(a)(b)(c)	North America	Leveraged Buyout				-		(77,000	)		-0.02%	6/30/2022
Trident Capital IX, L.P.^(a)(b)	North America	Leveraged Buyout				489,463		390,000			0.08%	9/17/2021
Warburg Pincus Global Growth 14, L.P.^(a)(b)	North America	Leveraged Buyout				1,000,000		974,904			0.21%	1/31/2022
Total Primary Investments (Cost $13,900,432) (3.18%)***								14,864,323


Secondary Investments
AEA Investors Fund V LP ^(a)(b)	North America	Leveraged Buyout			$	688,694	$	1,040,141			0.21%	1/1/2022
AEA-SEI Holding II (Delta Rigging) ^(a)(b)	North America	Leveraged Buyout				997,860		1,348,219			0.29%	3/31/2022
AIC Credit Opportunities Partners Fund II, L.P.^(b)	North America	Private Credit				4,795,321		4,507,222			0.96%	10/31/2019
American Securities Partners VI, L.P.^(b)	North America	Leveraged Buyout				2,922,345		3,030,840			0.65%	12/31/2021
Ampersand CF Limited Partnership - Class A^(a)(b)	North America	Leveraged Buyout				168,142		1,265,862			0.27%	10/29/2020
Ampersand CF Limited Partnership - Class B^(a)(b)	North America	Leveraged Buyout				300,564		2,256,964			0.48%	10/29/2020
Ampersand 2006, L.P.^(a)(b)(d)	North America	Venture				-		35,055			0.01%	12/31/2019
Arsenal Capital Partners III-B LP.^(a)(b)	North America	Leveraged Buyout				2,034,163		1,728,732			0.37%	1/1/2022
Audax Mezzanine Fund III, L.P.^(b)	North America	Private Credit				351,978		499,675			0.11%	6/30/2021
August Capital V, L.P.^(a)(b)	North America	Venture				10,040,620		13,392,893			2.86%	6/30/2022
August Capital V Special Opportunities, L.P.^(a)(b)	North America	Venture				-		1,214,278			0.26%	6/30/2022
Bain Capital Europe III, L.P.^(a)(b)	North America	Leveraged Buyout				190,183		102,503			0.02%	12/31/2021
Bain Capital Venture Fund 2009, L.P.^(a)(b)	North America	Venture				6,631,759		5,495,709			1.17%	6/30/2022
BC European Capital IX, L.P.^(a)(b)	Guernsey	Leveraged Buyout				8,699,298		8,029,460			1.71%	12/31/2020
BC Partners Galileo (2) L.P.^(a)(b)	Guernsey	Leveraged Buyout				2,177,902		2,581,528			0.55%	6/10/2021
Caltius Partners IV, L.P.^(b)	North America	Private Credit				4,411,390		4,226,288			0.90%	6/30/2021
Canaan VII, L.P.^(a)(b)	North America	Venture				432,808		886,583			0.19%	12/31/2019
Carlyle Europe Partners IV, L.P.^(a)(b)	United Kingdom	Leveraged Buyout				1,733,577		1,806,084			0.39%	12/31/2021
Carlyle Partners VI, L.P.^(b)	North America	Leveraged Buyout				2,557,812		1,893,210			0.40%	12/31/2021
Castle Harlan Partners V & AIV^(a)(b)(d)(e)	North America	Leveraged Buyout				737,572		125,500			0.03%	9/30/2021
Catterton Partners VI, L.P.^(a)(b)	North America	Leveraged Buyout				546,441		1,051,306			0.22%	12/31/2019
Centerbridge Special Credit Partners, L.P.^(a)(b)	North America	Private Credit				71,891		26,128			0.01%	12/31/2021
Cerberus Institutional Partners VI, L.P.^(a)(b)	North America	Leveraged Buyout				1,330,675		1,829,655			0.39%	7/30/2021
Charles River Partnership XIV, LP^(a)(b)	North America	Venture				1,180,261		2,079,285			0.44%	6/30/2022
Clarus Lifesciences II, L.P.^(a)(b)	North America	Venture				-		696,807			0.15%	6/30/2022
Clayton, Dubilier & Rice Fund IX, L.P.^(b)	North America	Leveraged Buyout				7,013,772		6,331,130			1.35%	12/31/2021
Columbia Capital Equity Partners V (QP), L.P.^(a)(b)	North America	Venture				4,917,967		8,679,990			1.85%	6/30/2022
Court Square Capital Partners (Offshore) III, L.P.^(b)	North America	Leveraged Buyout				5,442,524		4,736,765			1.01%	12/31/2021
CRG Partners III (Holdings I) L.P.^(b)(e)	North America	Private Credit				568,759		602,996			0.13%	6/30/2021
Crosslink Ventures V, L.P.^(a)(b)(d)(e)	North America	Venture				468,540		472,980			0.10%	1/1/2020
CVC Capital Partners VI (A) L.P.^(a)(b)	Jersey	Leveraged Buyout				5,638,141		5,631,975			1.20%	1/1/2022
Dace Ventures I, L.P.^(a)(b)	North America	Venture				294,908		365,100			0.08%	12/31/2019
DBAG Fund VI (Guernsey) L.P.^(a)(b)	Guernsey	Leveraged Buyout				1,462,296		1,399,385			0.30%	12/31/2021
DFJ Growth 2006 Continuation, L.P.^(a)(b)(e)	North America	Leveraged Buyout				1,497,477		6,012,179			1.28%	12/31/2019
EagleTree Partners IV, LP^(a)(b)	North America	Leveraged Buyout				1,154,854		1,638,749			0.35%	6/30/2021
Emerald Partners V, L.P.^(a)(b)(d)	North America	Leveraged Buyout				733		3,154			0.00%	12/31/2019
EnerTech Capital Partners III, L.P.^(a)(b)	North America	Venture				149,040		26,769			0.01%	12/31/2019
Falcon Strategic Partners III, L.P.^(b)	North America	Private Credit				1,849,215		2,777,516			0.59%	6/30/2021
Fin Venture Capital I, L.P.^(a)(b)	North America	Venture				3,573,341		10,459,430			2.23%	6/30/2020
Flexpoint Fund II (Cayman), L.P.^(a)(b)	North America	Venture				1,895,956		3,194,925			0.68%	6/30/2022
Flexpoint Fund II, L.P.^(a)(b)	North America	Venture				1,796,464		3,013,263			0.64%	6/30/2022
Flybridge Capital Partners III, LP^(a)(b)	North America	Venture				11,017,305		11,294,561			2.41%	6/30/2022
Francisco Partners III (Cayman), L.P.^(a)(b)	Cayman	Leveraged Buyout				-		653,478			0.14%	12/31/2020
Francisco Partners III (Domestic AIV), L.P.^(a)(b)	North America	Leveraged Buyout				-		238,791			0.05%	12/31/2020
Francisco Partners III, L.P.^(a)(b)	North America	Leveraged Buyout				-		917,894			0.20%	12/31/2020
GF Capital Private Equity Fund II-B, L.P.^(a)(b)	North America	Leveraged Buyout				5,671,611		5,083,675			1.09%	12/31/2021
Hony Capital Fund V, L.P.^(a)(b)	North America	Leveraged Buyout				1,977,535		1,545,749			0.33%	1/31/2022
ICG Ludgate Hill IB SCSp^(a)(b)(e)	Luxembourg	Leveraged Buyout				9,691,474		23,313,279			4.98%	6/22/2021
Icon Partners IV, L.P.^(a)(b)	North America	Leveraged Buyout				8,349,670		8,913,088			1.90%	5/21/2021
Icon Partners V, L.P.^(a)(b)	North America	Leveraged Buyout				7,417,800		7,714,526			1.65%	8/27/2021
IK VII Fund^(a)(b)	Jersey	Leveraged Buyout				516,357		599,078			0.13%	12/31/2021
Institutional Venture Partners XII, L.P.^(a)(b)(d)	North America	Venture				342,941		96,609			0.02%	12/31/2019
Institutional Venture Partners XIV, L.P.^(a)(b)	North America	Venture				2,759,794		1,774,376			0.38%	12/31/2021
Intermediate Capital Asia Pacific Fund 2008, L.P.^(a)(b)(e)	Jersey	Private Credit				245,618		756,185			0.16%	6/30/2021
JFL-NG Continuation Fund, L.P.^(a)(b)	North America	Leveraged Buyout				2,764,117		3,960,311			0.85%	10/27/2021
JK&B Capital V, L.P.^(a)(b)(d)	North America	Venture				148,521		145,496			0.03%	12/31/2019
Lincolnshire Equity Fund IV-A, L.P.^(b)	North America	Leveraged Buyout				1,606,812		2,791,946			0.60%	12/31/2020
Littlejohn Fund IV, LP^(a)(b)(e)	North America	Leveraged Buyout				268,332		620,549			0.13%	9/30/2021
Lord Investment S.a r.l. (Valextra SpA)^(a)(b)(e)	Western Europe	Leveraged Buyout				1,843,552		1,685,827			0.36%	3/31/2022
MDV IX, L.P.^(a)(b)	North America	Venture				6,121,499		8,892,125			1.90%	12/31/2020
Milestone Partners FS LP^(a)(b)	North America	Leveraged Buyout				1,530,920		1,288,014			0.27%	12/31/2021
Milestone Partners IV, L.P.^(a)(b)	North America	Leveraged Buyout				1,550,211		1,417,413			0.30%	12/31/2021
Morgenthaler Venture Partners IX, LP^(a)(b)	North America	Venture				572,678		1,340,589			0.29%	12/31/2020
NEO Capital Private Equity Fund II L.P.^(a)(b)	Western Europe	Fund of Funds				1,588,583		1,589,484			0.34%	1/18/2022
Northstar Mezzanine Partners V, L.P.^(b)	North America	Private Credit				1,283,511		1,038,216			0.22%	6/30/2021
NYLCAP Mezzanine Offshore Partners III, L.P.^(b)	North America	Private Credit				645,533		417,542			0.09%	6/30/2021
Oaktree European Principal Fund III (U.S.), L.P.^(a)(b)	North America	Private Credit				1,525,605		1,744,834			0.37%	11/1/2021
Onex Partners III LP^(b)	North America	Leveraged Buyout				516,086		698,259			0.15%	10/1/2021
Onset VI, L.P.^(a)(b)	North America	Venture				3,271,640		5,717,262			1.22%	6/30/2022
Park Square Capital Partners II, L.P.^(b)	Guernsey	Private Credit				1,680,967		1,868,975			0.40%	6/30/2021
Parthenon Investors III, L.P.^(b)	North America	Leveraged Buyout				431,547		721,423			0.15%	12/31/2019
Peepul Capital Fund II LLC^(a)(b)(e)	Rest of World	Venture				1,481,233		3,220,391			0.69%	6/30/2022
Pegasus WSJLL Fund, L.P.^(a)(b)	North America	Leveraged Buyout				8,544,061		9,200,000			1.96%	12/14/2021
Permira V^(a)(b)(e)	Guernsey	Leveraged Buyout				6,274,399		4,296,583			0.92%	2/1/2022
Platinum Equity Capital Partners III, L.P.^(a)(b)(e)	North America	Leveraged Buyout				1,236,439		1,465,855			0.31%	3/31/2022
Point 406 Ventures I, L.P.^(a)(b)	North America	Venture				1,865,426		876,342			0.19%	12/31/2019
Pro SPV, LP^(a)(b)	North America	Leveraged Buyout				8,345,445		12,978,889			2.77%	8/27/2021
PT2-A, L.P.^(a)(b)	North America	Leveraged Buyout				6,454,213		6,432,666			1.37%	12/15/2021
Quad-C Partners VIII, LP^(a)(b)	North America	Leveraged Buyout				678,626		8,913			0.00%	9/30/2021
Redpoint Ventures IV, L.P.^(a)(b)	North America	Venture				3,020,976		1,575,345			0.34%	12/31/2020
Rembrandt Venture Partners Fund Two, L.P.^(a)(b)	North America	Venture				922,119		1,010,721			0.22%	12/31/2019
Reverence Capital Partners Opportunities Fund I, L.P.^(b)(e)	North America	Leveraged Buyout				1,487,996		1,968,683			0.42%	12/31/2020
Riverstone Global Energy and Power Fund VI, LP^(b)	North America	Leveraged Buyout				398,541		812,145			0.17%	6/30/2021
Savant Growth Fund I, LP^(a)(b)	North America	Leveraged Buyout				1,922,024		1,707,729			0.36%	12/8/2020
StepStone Real Estate Partners III, L.P.^(b)(e)	North America	Fund of Funds				133,888		234,645			0.05%	6/30/2021
Summit Partners Growth Equity Fund IX-A, L.P.^(a)(b)	North America	Leveraged Buyout				2,849,840		3,040,649			0.65%	6/30/2021
Summit Partners Subordinated Debt IV-B, L.P.^(a)(b)	North America	Private Credit				828,415		676,516			0.14%	6/30/2021
TA Subordinated Debt Fund III, L.P.^(b)	North America	Private Credit				890,213		686,931			0.15%	7/30/2021
TCW/Crescent Mezzanine Partners VB, L.P.^(a)(b)	North America	Private Credit				26,042		265,945			0.06%	6/30/2021
The Peninsula Fund V, L.P.^(b)	North America	Private Credit				10,442,873		14,106,662			3.01%	7/1/2021
The Resolute Fund III, L.P.^(a)(b)	North America	Leveraged Buyout				1,630,206		2,341,024			0.50%	12/31/2021
The Veritas Capital Partners IV, LP^(a)(b)	North America	Leveraged Buyout				28,583		101,589			0.02%	1/1/2022
TowerBrook Investors IV (OS), L.P.^(b)	North America	Leveraged Buyout				4,455,408		3,622,121			0.77%	12/31/2021
TZP Capital Partners I (PIV), LP^(a)(b)	North America	Leveraged Buyout				74,639		67,377			0.01%	4/7/2021
TZP Capital Partners II-A (Blocker), LP^(b)	North America	Leveraged Buyout				592,717		967,933			0.21%	4/7/2021
TZP Small Cap Partners I-A (Blocker), LP^(b)	North America	Leveraged Buyout				310,512		362,450			0.08%	4/7/2021
Versant Venture Capital IV, L.P.^(a)(b)	North America	Venture				6,545,505		1,094,986			0.23%	12/31/2020
Warburg Pincus Financial Sector, L.P.^(a)(b)	North America	Leveraged Buyout				19,484,914		19,088,080			4.07%	6/30/2022
Warburg Pincus Global Growth L.P.^(a)(b)	North America	Leveraged Buyout				16,880,228		22,976,105			4.90%	6/30/2022
Warburg Pincus Private Equity XII, L.P.^(a)(b)	North America	Leveraged Buyout				21,821,411		23,299,334			4.97%	6/30/2022
Total Secondary Investments (Cost $295,692,354) (75.49%)***								353,822,396
Total Investment Funds (Cost $309,592,786) (78.67%)***							$	368,686,719

Short-Term Investment (21.66%)***
Money Market Fund
Morgan Stanley Institutional Liquidity Fund - Treasury Portfolio, 1.34% ^(f)				101,496,222			$	101,496,222
Total Money Market Fund (Cost $101,496,222) (21.66%)***							$	101,496,222

Total Investments (Cost $411,089,008) (100.33%)***							$	470,182,941
Liabilities less other assets (-0.33%)***								(1,670,075	)
Shareholders' Capital - 100.00%***							$	468,512,866

Primary Investments are investments in newly established private equity partnerships where underlying portfolio companies are not known as of the time of investment.

Secondary Investments are Private Equity Fund Investments generally acquired in the secondary market.

Restricted investments as to resale. Certain Investment Funds will distribute proceeds upon realization events and such proceeds are distributed at the discretion of the Investment Manager, as they become available.

The geographic region disclosed is based on where each Investment Fund is domiciled.

***

As a percentage of total shareholders' capital.

^(a)

Non-income producing.

^(b)

Investment Funds are issued in private placement transactions and as such are restricted as to resale per Rule 12-12-8 of Regulation S-X.

^(c)

As of June 30, 2022, no capital has been contributed to this Investment Fund and the fair value represents a liability of a commitment to the Investment Fund.

^(d)

The Investment Fund is liquidating its assets and is in the process of returning capital to its limited partners in a reasonable manner.

^(e)

Fair valued by the Fair Value Committee based on policies and procedures established by the Board of Trustees and considered a Level 3 investment.

^(f)

The rate quoted is the annualized seven-day yield of the fund at the period end.