Talking Top Quartile with Tom Carver of Harren Equity Partners

Harren Investors II LP, the vintage 2008 buyout fund, logged an IRR of about 19 percent for LP California Emerging Ventures I, II, III & IV, a fund for the California Public Employees’ Retirement System managed by Grove Street Advisors. The performance matches the top-quartile threshold and outpaced the 10.6 percent median performance for funds of that vintage year, according to pension data compiled by Buyouts. The firm closed Harren Investors III last July with $275 million in commitments after less than five months on the fundraising trail.