Private equity

[archived_user]

I totally bombed the private equity set.
Does anybody remember choosing investment C for the first question and B for the second?

 

[archived_user]

I am with You on C and B

 

[archived_user]

C and A.

 

[archived_user]

I just know you want high hurdle rates, low management fees, payout based on total return, etc.

 

[archived_user]

C for investors and A for annual clawback

 

[archived_user]

i think i went with C and A
first one had lowest carried interest, same management fees, or vice versa
second one had deal-by-deal clawback or something idk

 

[archived_user]

annual clawback right? not end of fund clawback

 

[archived_user]

C&A sounds familiar

 

[archived_user]

Right you want clawback to be reconciled as often as possible.

 

[archived_user]

annual clawback, highest hurdle, and lowest management fee…

 

[archived_user]

yes, the annual or deal by deal clawback better.
.75 dpi
12% i -1’d that one
what else was there?

 

[archived_user]

oh well, i guessed both and got 1 right… can’t complain

 

[archived_user]

was one answer px multiples here?

 

[archived_user]

RVPI important or not for LPs
Valuation metrics for VC firms

 

[archived_user]

or replacement costs?

 

[archived_user]

EBITDA

 

[archived_user]

.75 dpi?
damn
i said 45/70 ~0.64

 

[archived_user]

i put GP’s/LP’s self value for the last one but not sure about that one.

 

[archived_user]

IRR was -14%, correct?
It was still early days for the Fund they hadn’t yet paid much out yet. thoughts?

 

[archived_user]

ebitda wasn’t on the PE set.