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LOS i: Describe and explain the categories of risks and costs in private equity investing.
Q1. The most relevant market risk to a private equity investor is:
A) short-term macro changes only.
B) long-term macro changes only.
C) both short-term and long-term macro changes.
Q2. Private equity values have declined significantly over the last year. Which of the following risk factors is the least likely reason for the decline?
A) Investment-specific risk.
B) Market risk.
C) Tax risk.
Q3. Which of the following pairs correctly identifies the fees paid to agents for raising funds for the private equity firm, and the fees paid to the general partner (GP) for investment banking services, respectively?
Fees to agents Fees to GP
A) Transaction fees Administrative costs
B) Administrative costs Placement fees
C) Placement fees Transaction fees | 
发表于 2009-3-10 11:39
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