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- 2011-7-11
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- 2014-8-7
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Many thanks for the IRR explanation, it is a bit confusing.
Regarding my second questions, any thoughts?
Also, in example in Section 4 of this Reading 49, it says, that the Carried Interest is calculated based on the total return method and on the first alternative of this method (GP receives only carried interest if fund has returned entire committed capital to LPs). Looking at the calculation on page 76, carried interest is paid when NAV exceeds committed capital. Is that correct?
Cheers. |
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