Fund · Vintage 2023

Allegis Capital X

Early-growth venture fund. Quarterly fair-value marks and portfolio detail as of Q1 2026.

Total Commitments

$119.2M

Committed capital · 02-Funds

% Called

48.0%

$57.2M of $119.2M · 12 calls

Net IRR

17.1%

04b · as of 3/31/26

Net MOIC

1.19x

04b · as of 3/31/26

% Called per the capital-call schedule ($57.2M called through 3/31/2026, reconciled to 04a-LP Cash Flows). Net IRR and Net MOIC per 04b-Fund Metrics (Q1 2026); for reference, Gross IRR 55.5%% / Gross MOIC 1.62x.

Fund Returns Over Time

Net MOIC by Quarter

Quarter	Net MOIC	Net IRR
Q2 '23	0.78x	—
Q3 '23	0.81x	-57.2%
Q4 '23	0.74x	-44.8%
Q1 '24	0.78x	-45.5%
Q2 '24	0.79x	-35.7%
Q3 '24	0.75x	-30.4%
Q4 '24	0.77x	-21.9%
Q1 '25	0.73x	-21.6%
Q2 '25	0.77x	-26.6%
Q3 '25	1.06x	5.2%
Q4 '25	1.07x	7.3%
Q1 '26	1.19x	17.1%

Net of fees, expenses and carry, per Allegis Fund Admin 04b-Fund Metrics. Net MOIC crossed 1.00x in Q3 2025.

Portfolio Companies

Company	First Invest	At Entry		Current		Gross MOIC	Allegis %	Website
Company	First Invest	EV ($M)	Cost	EV ($M)	Fair Value	Gross MOIC	Allegis %	Website
Fundamental Technologies	2024-12	$930.0M	$15,099,995	$1425.0M	$22,649,425	1.50x	4.0%	link
Pylon Lending	2024-03	$51.0M	$7,689,993	$200.0M	$16,700,000	2.17x	20.1%	link
Bloom Credit	2020-10	$45.0M	$6,950,000	$70.0M	$15,900,000	2.29x	33.4%	link
Polygraf AI	2025-09	$40.0M	$4,000,000	$39.3M	$4,000,000	1.00x	20.3%	link
Haddy	2023-05	$16.9M	$2,946,603	$20.3M	$3,343,057	1.13x	17.2%	link
Syntax Bio	2026-02	—	$3,000,000	—	$3,000,000	1.00x	—	link
9MD	2025-05	$45.0M	$2,000,000	$75.0M	$2,550,000	1.27x	4.4%	link
NetRise	2025-06	$92.5M	$1,999,999	$92.5M	$1,999,999	1.00x	2.2%	link
Holdings	2023-05	—	$1,000,000	—	$1,000,000	1.00x	—	link
Carketa	2024-06	$39.0M	$750,000	$15.0M	$750,000	1.00x	5.0%	link
Cheers	2026-01	—	$250,000	—	$250,000	1.00x	—	link
Wardstone	2026-02	—	$250,000	—	$250,000	1.00x	—	link
Total · 12 companies			$45,936,589		$72,392,481	1.58x

Cost, Fair Value and Gross MOIC are Allegis-X-specific (this fund's own position), per Allegis Fund Admin (Rpt-Fund Gross Metrics, 3/31/2026). Entry / Current EV and Allegis % are company-level (consistent across funds; firm-wide fully-diluted ownership). “n/m” = held via warrant/transfer at nominal cost. Websites per 09-Portfolio Companies.