Ragnarok · Q2 2026

Performance

See where value was created, where risk sits, and how outcomes change under disciplined assumptions.

Data as of June 30, 2026
NET PERFORMANCE
21.8%IRR since inception 680 bps ahead of benchmark
Gross IRR27.4%Top quartile
TVPI1.60×1.52× last quarter
PME1.31×vs. S&P 500
PUBLIC / PRIVATE ATTRIBUTION

Quarterly NAV bridge

ATTRIBUTION

Return decomposition

Gross return27.4%
Private portfolio+15.1%
Public portfolio+11.3%
Fees & expenses−5.6%
Net IRR21.8%
SCENARIO ANALYSIS

Portfolio realization model

Test how different realization outcomes across the remaining portfolio affect net returns.

Illustrative analysis only. Not a forecast.
1.0×4.0×
Projected net TVPI1.60×Base case 1.60×
Projected net IRR21.8%Base case 21.8%
Projected distributions$11.3MNext 36 months
CURRENT FAIR VALUE

Transition exposure

Private AI & data34%
Public growth29%
Fintech18%
Defense & aerospace13%
Other6%