Silver Lake — funds, providers and filings
Managers: all tracked managers · fund search & entity graph · private market performance
| Combined assets under management and committed capital | $114bn † Silver Lake, in 2026 |
| Of that, the part reported to the US SEC as private funds | $103.0bn gross · 37 funds Form ADV, through 2024 |
† the firm reports assets under management and committed capital combined
Silver Lake is a global technology investment firm, founded in 1999 and based in California. It makes large private investments in technology companies. It works closely with their management teams. (Silver Lake)
Asset classes
The range spans large-scale technology buyouts and growth.
The US-reported view
The sections below draw on US regulatory filings — SEC Form ADV and Form D — and on US investors' own disclosures. They set out Silver Lake's US-reported slice: the funds, service providers, domiciles and activity visible in US filings, not its worldwide business.
1. US-SEC private funds
This page reports $103.0bn of gross asset value across 37 private funds that Silver Lake reports on SEC Form ADV, filings through 2024. Its firm-wide figures are in the Assets summary at the top of this page, measured on a different basis.
A worldwide fund-vehicle roll-up is not available from the entity register for this manager.
| Registered fund vehicles worldwide (as at 2026-10-05) | not available |
| Management entities on file (US filings · worldwide register) | 1 · 0 |
| Principal offices on file | Menlo Park, United States |
2. Service providers
PwC audits 28 of the 37 Silver Lake funds that name an auditor on Form ADV Schedule D, filings through 2024 — more than any other firm. Citco administers 7 of the 9 that name an administrator, on the same filings. Relationships the filings attribute to Silver Lake's own group are part of its structure, not third-party appointments, and are left out of these counts.
Across the funds that disclose each role on Schedule D — the count is funds naming that provider, of funds disclosing the role at all:
| Fund administrator | Citco (7 of 9); SEI (2 of 9) |
| Auditor | PwC (28 of 37); BDO (9 of 37); Edelstein & Company LLP (4 of 37) |
| Custodian | Merrill Lynch (34 of 37); Silicon Valley Bank (33 of 37); Bank of America (27 of 37) — and 12 more |
| Prime broker | Goldman Sachs (1 of 1); J.P. Morgan (1 of 1); Morgan Stanley (1 of 1) |
| Marketer / placement | Campbell Lutyens & Co. LTD. (1 of 1); Ibk Securities Co., LTD. (1 of 1); Roam Capital Partners, LLC (1 of 1) |
3. Fund domiciles
34 of Silver Lake's 37 SEC-reported private funds are domiciled in Delaware, its largest single domicile on Form ADV, filings through 2024. Cayman Islands is next, and the bars below give the rest in order.
4. Fund performance
Every figure here is a disclosing pension plan's own, on that plan's own reporting date. Nothing is blended into a manager-level return, because no plan published one.
Per-fund net IRR, multiple and DPI as disclosed by the pension plans invested in the funds — the LPs' own numbers, on their own dates, not the manager's. One row per plan disclosure. Where two plans hold the same fund and report different numbers, both rows show, with their dates:
| Fund | Plan | Net IRR | Multiple | DPI | Reported as at | Source |
|---|---|---|---|---|---|---|
| Silver Lake Partners VII, L.P. | CalPERS | — | — | 0.0 | 31 December 2025 | CalPERS private equity fund performance |
| Silver Lake Partners VII, L.P. | Washington WSIB | 25.3% | 1.4 | 0.03 | 31 December 2025 | WSIB private equity IRR report |
| Silver Lake Partners VI, L.P. | CalPERS | — | — | 0.28 | 31 December 2025 | CalPERS private equity fund performance |
| Silver Lake Partners VI, L.P. | Washington WSIB | 9.4% | 1.3 | 0.18 | 31 December 2025 | WSIB private equity IRR report |
| Silver Lake III SL SPV-2, L.P. | Washington WSIB | 29.5% | 2.2 | 1.71 | 31 December 2025 | WSIB private equity IRR report |
| Silver Lake Partners V, L.P. | CalPERS | 11.3% | 1.6 | 0.74 | 31 December 2025 | CalPERS private equity fund performance |
| Silver Lake Partners V, L.P. | Minnesota SBI | 10.9% | 1.61 | 0.73 | 31 March 2026 | Minnesota SBI private markets asset listing |
| Silver Lake Partners V, L.P. | Washington WSIB | 11.3% | 1.6 | 0.74 | 31 December 2025 | WSIB private equity IRR report |
| Silver Lake Technology Investors V, L.P. | CalPERS | 14.3% | 1.9 | 0.9 | 31 December 2025 | CalPERS private equity fund performance |
| Silver Lake Partners IV, L.P. | CalPERS | 20.7% | 2.8 | 1.85 | 31 December 2025 | CalPERS private equity fund performance |
| Silver Lake Partners IV, L.P. | Minnesota SBI | 20.3% | 2.76 | 1.85 | 31 March 2026 | Minnesota SBI private markets asset listing |
| Silver Lake Partners IV, L.P. | Washington WSIB | 20.7% | 2.8 | 1.85 | 31 December 2025 | WSIB private equity IRR report |
| Silver Lake Technology Investors IV, LP | CalPERS | 27.1% | 3.5 | 2.33 | 31 December 2025 | CalPERS private equity fund performance |
| Silver Lake Partners III, L.P. | CalPERS | 18.5% | 1.9 | 1.94 | 31 December 2025 | CalPERS private equity fund performance |
| Silver Lake Partners III, L.P. | Minnesota SBI | 18.7% | 2.53 | 2.39 | 31 March 2026 | Minnesota SBI private markets asset listing |
| Silver Lake Partners III, L.P. | NYC Police | 16.6% | 1.36 | 1.36 | 30 June 2025 | not available |
| Silver Lake Partners III, L.P. | Washington WSIB | 17.6% | 1.9 | 1.94 | 31 December 2025 | WSIB private equity IRR report |
| Silver Lake Partners II, L.P. | NYC Police | 9.1% | 1.43 | 1.43 | 30 June 2025 | not available |
| Silver Lake Partners II, L.P. | Washington WSIB | 11.0% | 1.8 | 1.75 | 31 December 2025 | WSIB private equity IRR report |
| Silver Lake Partners, L.P. | Washington WSIB | 24.6% | 2.2 | 2.2 | 31 December 2025 | WSIB private equity IRR report |
Young vintages sit in the J-curve: an early negative IRR mostly reflects fees drawn before value is realised, and is not a verdict on the fund.
5. Known LP investors, from their own disclosures
Washington WSIB (8), CalPERS (7), Minnesota SBI (3), NYC Police (2) — the count is this manager's funds appearing in that plan's disclosure.
6. Management entities
The largest of the 1 entities filing Form ADV here is Silver Lake Technology Management, LLC, CRD 161206 of Menlo Park, with 37 of the 37 funds. Every figure above rolls those filers up into one business. The table below traces each of them back to the entity that filed it, so a number can be checked against its own record rather than taken on trust.
US management entities on file (1 entities — together the 37 funds above)
| Entity | SEC CRD | City | Funds of the 37 |
|---|---|---|---|
| Silver Lake Technology Management, LLC | CRD 161206 | Menlo Park | 37 |
7. Similar managers
Questions this page answers
What is Silver Lake's AUM?
Silver Lake had $114 billion in combined assets under management and committed capital in 2026. (Silver Lake). It also reports $103.0bn of gross asset value across 37 private funds on its US SEC filings (Form ADV, through 2024).
Who audits Silver Lake's funds?
PwC is named on 28 of the 37 US private funds whose filing discloses an auditor on Form ADV Schedule D (of Silver Lake's 37 filed with the SEC), filings through 2024. BDO appears on 9 of the same filings.
Who administers Silver Lake's funds?
Citco is named on 7 of the 9 US private funds whose filing discloses an administrator on Form ADV Schedule D (of Silver Lake's 37 filed with the SEC), filings through 2024. SEI appears on 2 of the same filings.
How have Silver Lake's funds performed?
Silver Lake Partners III, L.P. returned a net IRR of 18.7% on a 2.53 multiple, as Minnesota SBI reported it for 31 March 2026. Silver Lake Partners IV, L.P. returned a net IRR of 20.3% on a 2.76 multiple, as Minnesota SBI reported it for 31 March 2026.
Who invests in Silver Lake's funds?
Washington WSIB (8 funds), CalPERS (7 funds) and Minnesota SBI (3 funds) name Silver Lake funds in their published disclosures. Coverage is limited to the plans this site follows, and a plan's absence says nothing about whether it invests.
How many funds does Silver Lake run?
Silver Lake reports 37 private funds on SEC Form ADV, filings through 2024, with $103.0bn of gross asset value. That is the count it reports to the SEC, not every vehicle it runs.
Where are Silver Lake's funds domiciled?
34 of the 37 funds are domiciled in Delaware, its largest single domicile on Form ADV, filings through 2024, followed by Cayman Islands with 3.
Where does Silver Lake file from?
Silver Lake Technology Management, LLC, CRD 161206, its largest Form ADV filer, gives its office as Menlo Park, United States. The other filers' offices are in the entity table on this page.
Is Silver Lake registered with the SEC?
Yes. Its filings run through 1 management entities, the largest being Silver Lake Technology Management, LLC, CRD 161206, with 37 of the 37 funds here.
See also: all tracked managers · fund search & entity graph.