Private Markets / Investors

Top Private Market Investors by AUM

The capital side of the tracked private-market book — 311 firms ranked by disclosed assets under management, each linked to its notable tracked portfolio so you can walk from any fund to the companies it holds, and back. For investors sizing up peers and coverage; for founders and operators answering "who invests at my stage, and what do they already hold."

311tracked investors
$25.4Tcombined AUM
273with disclosed AUM
168VC firms
#InvestorTypeAUMFoundedStage FocusNotable Portfolio
1 Norway Government Pension Fund Global (NBIM)
Oslo, Norway
Sovereign $1.7Tas of 2026-Q1 1990 Public · Index · Real Estate
2 Government Pension Investment Fund (GPIF)
Tokyo, Japan
Sovereign $1.6Tas of 2026-Q1 2001 Public · Real Assets
3 China Investment Corporation (CIC)
Beijing, China
Sovereign $1.4Tas of 2026-Q1 2007 Public · Growth · Real Assets
4 Blackstone
New York, NY
Growth/PE $1.1Tas of 2026-Q1 1985 Buyout · Growth · Private Credit Bilt · Firmus Technologies · Cyera +3 tracked
5 SAFE Investment Company
Beijing, China
Sovereign $1.1Tas of 2026-Q1 1997 Public · Real Assets · Strategic
6 Abu Dhabi Investment Authority (ADIA)
Abu Dhabi, UAE
Sovereign $1.0Tas of 2026-Q1 1976 Growth · Public · Real Assets
7 Brookfield Asset Management
Toronto, Canada
Growth/PE $1.0Tas of 2026-Q1 1899 Buyout · Infrastructure · Real Estate Figure · Hark · GoodLeap
8 Public Investment Fund (PIF)
Riyadh, Saudi Arabia
Sovereign $925Bas of 2026-Q1 1971 Series C · Growth · Public
9 Kuwait Investment Authority (KIA)
Kuwait City, Kuwait
Sovereign $830Bas of 2026-Q1 1953 Public · Growth · Real Assets
10 National Pension Service (NPS)
Jeonju, South Korea
Sovereign $810Bas of 2026-Q1 1988 Public · Growth · Real Assets
11 GIC (Singapore)
Singapore
Sovereign $770Bas of 2026-Q1 1981 Growth · Public · Real Assets
12 Apollo Global Management
New York, NY
Growth/PE $700Bas of 2026-Q1 1990 Buyout · Private Credit · Hybrid Capital SumUp · GoodLeap
13 CPP Investments
Toronto, Canada
Sovereign $700Bas of 2026-Q1 1999 Public · Growth · Buyout Redwood Materials · Ollin Biosciences
14 KKR
New York, NY
Growth/PE $650Bas of 2026-Q1 1976 Buyout · Growth · Private Credit ByteDance · Celonis · Xingsheng Selected +4 tracked
15 ABP (Algemeen Burgerlijk Pensioenfonds)
Heerlen, Netherlands
Sovereign $570Bas of 2026-Q1 1922 Public · Real Assets · Growth
16 HKMA Exchange Fund
Hong Kong
Sovereign $560Bas of 2026-Q1 1935 Public · Real Assets · Growth
17 Qatar Investment Authority (QIA)
Doha, Qatar
Sovereign $475Bas of 2026-Q1 2005 Growth · Public · Real Assets Celonis
18 The Carlyle Group
Washington, DC
Growth/PE $450Bas of 2026-Q1 1987 Buyout · Growth · Private Credit Cohesity
19 Caisse de dépôt et placement du Québec (CDPQ)
Montreal, Canada
Sovereign $440Bas of 2026-Q1 1965 Public · Growth · Infrastructure
20 National Council for Social Security Fund (NSSF)
Beijing, China
Sovereign $440Bas of 2026-Q1 2000 Public · Growth · Buyout
21 Investment Corporation of Dubai (ICD)
Dubai, UAE
Sovereign $310Bas of 2026-Q1 2006 Strategic · Growth · Direct
22 Mubadala Investment Company
Abu Dhabi, UAE
Sovereign $300Bas of 2026-Q1 2002 Growth · Buyout · Direct OpenAI · WHOOP
23 Temasek Holdings
Singapore
Sovereign $300Bas of 2026-Q1 1974 Growth · Buyout · Public Apeel
24 ADQ (Abu Dhabi Holding)
Abu Dhabi, UAE
Sovereign $260Bas of 2026-Q1 2018 Growth · Buyout · Strategic
25 EQT Partners
Stockholm, Sweden
Growth/PE $250Bas of 2026-Q1 1994 Buyout · Infrastructure · Growth
26 TPG
Fort Worth, TX
Growth/PE $230Bas of 2026-Q1 1992 Buyout · Growth · Impact Veeam · Tanium · Vinted +3 tracked
27 AP Funds (Sweden)
Stockholm, Sweden
Sovereign $215Bas of 2026-Q1 1960 Public · Growth · Real Assets
28 CVC Capital Partners
Luxembourg
Growth/PE $200Bas of 2026-Q1 1981 Buyout · Growth · Private Credit
29 Korea Investment Corporation (KIC)
Seoul, South Korea
Sovereign $200Bas of 2026-Q1 2005 Public · Growth · Alternative
30 Bain Capital
Boston, MA
Growth/PE $185Bas of 2026-Q1 1984 Buyout · Growth · Private Credit Atoms · CHAOS Industries
31 Future Fund (Australia)
Melbourne, Australia
Sovereign $185Bas of 2026-Q1 2006 Public · Growth · Real Assets
32 SoftBank Vision Fund
Tokyo, Japan
VC $166Bas of 2026-Q1 2017 Series B · Series C · Growth OpenAI · Digital Currency Group · Gopuff +5 tracked
33 Bridgewater Associates
Westport, CT
Growth/PE $150Bas of 2026-Q1 1975 Public · Macro · Strategic
34 Ardian
Paris, France
Growth/PE $150Bas of 2026-Q1 1996 Buyout · Infrastructure · Secondary
35 Thoma Bravo
Chicago, IL
Growth/PE $140Bas of 2026-Q1 1980 Buyout
36 Russia National Wealth Fund
Moscow, Russia
Sovereign $130Bas of 2026-Q1 2008 Public · Strategic
37 Silver Lake
Menlo Park, CA
Growth/PE $110Bas of 2026-Q1 1999 Buyout · Growth Waymo · Fanatics · Alchemy +3 tracked
38 Vista Equity Partners
Austin, TX
Growth/PE $100Bas of 2026-Q1 2000 Buyout · Growth SambaNova
39 Hellman & Friedman
San Francisco, CA
Growth/PE $100Bas of 2026-Q1 1984 Buyout
40 Insight Partners
New York, NY
VC $90Bas of 2026-Q1 1995 Growth · Buyout Veeam · Checkout.com · Vinted +26 tracked
41 General Atlantic
New York, NY
Growth/PE $90Bas of 2026-Q1 1980 Growth ByteDance · Shein · Fireblocks +8 tracked
42 Advent International
Boston, MA
Growth/PE $90Bas of 2026-Q1 1984 Buyout Teya (SaltPay) · Ayar Labs · BigID
43 Hillhouse Investment
Hong Kong
VC $90Bas of 2026-Q1 2005 Series B · Series C · Growth
44 Warburg Pincus
New York, NY
Growth/PE $86Bas of 2026-Q1 1966 Growth · Buyout Genki Forest · Varo
45 Lone Star Funds
Dallas, TX
Growth/PE $86Bas of 2026-Q1 1995 Buyout · Distressed · Real Estate
46 Sequoia Capital
Menlo Park, CA
VC $85Bas of 2026-Q1 1972 Seed · Series A · Series B Anthropic · OpenAI · Stripe +82 tracked
47 Clearlake Capital
Santa Monica, CA
Growth/PE $85Bas of 2026-Q1 2006 Buyout Fanatics
48 Iconiq Capital
San Francisco, CA
VC $80Bas of 2026-Q1 2011 Series C · Growth · Buyout Anthropic · Miro · Sierra +11 tracked
49 Permira
London, UK
Growth/PE $80Bas of 2026-Q1 1985 Buyout · Growth Mirakl · Sila Nanotechnologies
50 AlpInvest Partners
Amsterdam, Netherlands
Growth/PE $80Bas of 2026-Q1 1999 Secondary · Co-invest · Buyout

Frequently Asked Questions

Which private-market investors have the most assets under management in 2026?

By latest disclosed AUM, the largest tracked firms are Norway Government Pension Fund Global (NBIM) ($1.7T), Government Pension Investment Fund (GPIF) ($1.6T), China Investment Corporation (CIC) ($1.4T), Blackstone ($1.1T), SAFE Investment Company ($1.1T). All 311 tracked firms are ranked at quantlogix.ai/private/investors.

Who are the most active investors in each private-market sector?

Ranked by tracked portfolio companies: Sequoia Capital in AI (51 companies); Y Combinator in Fintech (15 companies); 8VC in Defense Tech (12 companies); Y Combinator in Space (6 companies); Sequoia Capital in Cybersecurity (9 companies); Andreessen Horowitz in Healthcare (11 companies); ARCH Venture Partners in Biotech (8 companies); Sequoia Capital in SaaS & Enterprise Software (19 companies); Sequoia Capital in Developer Tools (7 companies); Sequoia Capital in Data Infrastructure (9 companies); Andreessen Horowitz in Crypto & Web3 (7 companies); Energy Impact Partners in Energy & Climate (8 companies); Khosla Ventures in Robotics (6 companies); Andreessen Horowitz in Logistics & Supply Chain (5 companies).

How is this investor ranking built?

Firms are ranked by latest disclosed assets under management with the disclosure period shown per row; firms without a disclosed figure say "undisclosed" rather than being assigned one. Portfolio links are limited to companies in the tracked roster so every link resolves to a live profile.

Methodology. Rankings are by each firm's latest disclosed assets under management, with the disclosure period shown per row; firms without a disclosed AUM figure say so rather than being assigned one. Notable portfolio links are limited to companies in the tracked private-market roster, so every link resolves to a live profile with valuation and secondary-mark context. The full directory of 311 firms — including those outside this ranking — is at /investors. Educational data, not investment advice.