Funds

Thirty funds. Two vintages. One platform.


Slate Blue Capital deploys $94.724B across a two-vintage platform. The 2026 vintage ($55.720B, 17 vehicles) concentrates capital across eleven consolidated sector-based investment funds. The 2028 vintage ($39.004B, 13 funds) adds seven strategy-based vehicles spanning Core through Special Situations.

$94.724B
Total Committed Capital (2026 + 2028)
30
Total Fund Vehicles
18
Investment Funds
55/25/20
Investment / Reserve / Operations
Structure

A consolidated, three-tier structure

The platform spans 18 investment funds totaling $52.098B, structured across two vintages to concentrate capital in scaled, institutional-quality vehicles. The 2026 vintage covers eleven sector-based investment funds; the 2028 vintage adds seven strategy-based funds spanning Core, Core-Plus, Value-Add, Growth, Opportunistic, and Special Situations. 6 operations funds totaling $18.945B support platform infrastructure, talent, technology, and market expansion. 6 reserve funds totaling $23.681B provide opportunistic dry powder, LP co-investment capacity, and capital preservation. All 30 vehicles are structured as Delaware limited partnerships managed by fund-specific general partners.

Capital allocation

Three tiers, one platform

  • Investment Funds · 55% — $52.098B across 18 consolidated vehicles (eleven 2026 sector-based funds plus seven 2028 strategy-based funds)
  • Reserve Funds · 25% — $23.681B across 6 consolidated vehicles providing opportunistic capital, LP co-investment capacity, and capital preservation
  • Operations Funds · 20% — $18.945B across 6 consolidated vehicles supporting platform infrastructure, talent, technology, and market expansion
Investment funds

Eighteen investment funds across two vintages

The 2026 vintage concentrates capital in eleven sector-based investment funds. The 2028 vintage adds seven strategy-based investment funds spanning Core through Special Situations.

Complete roster

All thirty fund vehicles

Thirty consolidated fund vehicles spanning the 2026 and 2028 vintages. Investment funds link to dedicated detail pages; operations and reserve funds are summarized in the roster.

FundSizeTarget Net IRRTierVintage
I  SBC Fund I$4.170B13.0%-17.0%Investment2026
II  SBC Fund II$3.960B13.0%-17.0%Investment2026
III  SBC Fund III$3.200B13.0%-17.0%Investment2026
IV  SBC Fund IV$3.270B13.0%-17.0%Investment2026
V  SBC Fund V$3.680B13.0%-17.0%Investment2026
VI  SBC Fund VI$5.216B13.0%-17.0%Investment2026
VII  SBC Fund VII$1.460B13.0%-17.0%Investment2026
VIII  SBC Fund VIII$2.780B13.0%-17.0%Investment2026
IX  SBC Fund IX$1.460B13.0%-17.0%Investment2026
X  SBC Fund X$690M13.0%-17.0%Investment2026
XI  SBC Fund XI$760M13.0%-17.0%Investment2026
SBC Operations Fund I$3.724B13.0%-17.0%Operations2026
SBC Operations Fund II$3.710B13.0%-17.0%Operations2026
SBC Operations Fund III$3.710B13.0%-17.0%Operations2026
SBC Reserve Fund I$4.650B13.0%-17.0%Reserve2026
SBC Reserve Fund II$4.640B13.0%-17.0%Reserve2026
SBC Reserve Fund III$4.640B13.0%-17.0%Reserve2026
Slate Blue Capital Core I Fund$3.218B13.0%-17.0%Investment2028
Slate Blue Capital Core II Fund$3.218B13.0%-17.0%Investment2028
Slate Blue Capital Core-Plus Fund$2.145B13.0%-17.0%Investment2028
Slate Blue Capital Value-Add Fund$3.218B13.0%-17.0%Investment2028
Slate Blue Capital Growth Fund$3.218B13.0%-17.0%Investment2028
Slate Blue Capital Opportunistic Fund$4.290B13.0%-17.0%Investment2028
Slate Blue Capital Special Situations Fund$2.145B13.0%-17.0%Investment2028
SBC Operations Fund IV$2.607B13.0%-17.0%Operations2028
SBC Operations Fund V$2.597B13.0%-17.0%Operations2028
SBC Operations Fund VI$2.597B13.0%-17.0%Operations2028
SBC Reserve Fund IV$3.255B13.0%-17.0%Reserve2028
SBC Reserve Fund V$3.248B13.0%-17.0%Reserve2028
SBC Reserve Fund VI$3.248B13.0%-17.0%Reserve2028
Total All Funds$94.724B30 vehicles2026 + 2028
Operations tier

Six operations funds · $18.945B

Six consolidated operations funds across the 2026 and 2028 vintages fund the firm-wide infrastructure that supports the investment platform across all geographies and business functions.

FundFund SizeVintage
SBC Operations Fund I
Platform Operations & Enterprise Infrastructure
$3.724B2026
SBC Operations Fund II
Talent, Technology & Digital Infrastructure
$3.710B2026
SBC Operations Fund III
Geographic Expansion & LP Engagement
$3.710B2026
SBC Operations Fund IV
Platform Operations & Enterprise Infrastructure
$2.607B2028
SBC Operations Fund V
Talent, Technology & Digital Infrastructure
$2.597B2028
SBC Operations Fund VI
Geographic Expansion & LP Engagement
$2.597B2028
Total Operations Funds$18.945B2026 + 2028
Reserve tier

Six reserve funds · $23.681B

Six consolidated reserve funds across the 2026 and 2028 vintages provide opportunistic capital, LP co-investment capacity, and capital preservation across the investment platform.

FundFund SizeVintage
SBC Reserve Fund I
Opportunistic Capital & Dry Powder
$4.650B2026
SBC Reserve Fund II
LP Co-Investment & Subscription Facility Backstop
$4.640B2026
SBC Reserve Fund III
Principal Protection & Risk Mitigation
$4.640B2026
SBC Reserve Fund IV
Opportunistic Capital & Dry Powder
$3.255B2028
SBC Reserve Fund V
LP Co-Investment & Subscription Facility Backstop
$3.248B2028
SBC Reserve Fund VI
Principal Protection & Risk Mitigation
$3.248B2028
Total Reserve Funds$23.681B2026 + 2028

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For fund materials, capital account information, and partnership inquiries, reach Slate Blue Capital directly.

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