*About the Ranking

PitchBook’s Global Manager Performance Score League Tables offer an objective, data-driven assessment of private capital fund managers. The Score does not rely on simple quartile rankings. It reflects a comprehensive evaluation of each fund family’s historical track record—including fund-level IRRs, benchmark outperformance, fund maturity, and distribution activity—normalized across vintage years.

Read more about NEXT’s recognition, and Pitchbook’s methodology, by clicking here.

Disclosures

Past performance is not indicative of future results. Reference to an award is only one piece of information relevant to an evaluation of an investment adviser such as NEXT Investors and should not be construed as an endorsement. Recognition presented herein is from third parties that are not affiliated with NEXT Investors, and these third parties independently assess firms’ submitted performance based on multiple criteria. NEXT Investors did not provide cash or non-cash compensation directly or indirectly in connection with obtaining or distributing this ranking. These rankings are by no means an endorsement by PitchBook of any managers included, nor are the Performance Scores to be used as indications of future performance. The Scores are an objective measure of past performance and are to be used for informational purposes. PitchBook takes great effort to ensure the quality of all datasets, but revisions inevitably occur, and new data will be added that can materially impact the rankings in the future. This ranking was published on 7/28/2025 with NEXT Investors performance data as of 12/31/2024, and may not reflect important information related to an evaluation of the investment adviser, which has occurred prior to, or subsequent to, the award and may not be representative of a particular investor’s return. Click here for PitchBook’s report methodologies. There is no guarantee that other rankings would reach the same conclusions of NEXT Investors.