Private equity

What was the 12% question about? I agree with the .75 DPI, annual clawback, highest hurdle rate, lowest fee, etc.
Was the 12% question about the IRR? I think that they said the contributions were at the beginning of the year and the distributions at the end so you had to match them up somehow.
 
bannisja Wrote:
——————————————————-
> i put GP’s/LP’s self value for the last one but
> not sure about that one.
I did too for that. Isnt the valuation handled by the GP and that is a drawback to the LP.
 
^^^I can’t remember that question for the life of me.
Relative value approaches are not appropriate for VC firms.
 
what numbers did you guys use to get .75 dpi?
i used (distributed earnings)/(money obtained during marketing period)
 
bannisja Wrote:
——————————————————-
> i put GP’s/LP’s self value for the last one but
> not sure about that one.
I thought this one was…the GP does the valuations annually or the GP hires an independent third party to do the valuations…something like this…anyone else?
 
CLT2- relative value approaches- was that an answer exactly or are you telling me my px multiples (which is a relative valuation approach) is right?
if i went 5/6 on alts, i would feel a lot better b/c i think i went 1 or 2/6 on econ.
 
Relative Valuation as in comparables. VC firms typically have no comparable companies to use as guideline companies for multiples.
Yeah, replacement and real options are OK. Relative Valuation is not.
 
Fund C better for investors because of lower carry.
Fund A better for annual true up clawback..meaning money from GP is returned to investors if there is a loss.
 
were those the 3 choices? replacement, real options, and relative valuation?
why do i remember px multiples somewhere? god i hope i chose relative valuation here then… i don’t remember but it looks good to me out of those 3.
quant- what was the T stat #?
 
You must log in or register to reply here.
Back
Top