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标题: GIPS-man Quiz 9 [打印本页]

作者: Howd 时间: 2011-7-11 19:22 标题: GIPS-man Quiz 9

Which of the following is TRUE?

A) private equity valuation review procedures must be documented

B) firms should prepare private equity valuations at least every 24 months

C) closed-end private equity investments must be incuded in composites defined by strategy or vintage year

作者: lcw77 时间: 2011-7-11 19:22

A

NO EXCUSES

作者: Windjammer 时间: 2011-7-11 19:22

Gut is telling me A, but I'm not really sure why C is wrong

作者: former 时间: 2011-7-11 19:22

sorry abt the typo, the L on my laptop is broken................

作者: infinitybenzo 时间: 2011-7-11 19:22

abushey31 Wrote:
-------------------------------------------------------
> Gut is telling me A, but I'm not really sure why C
> is wrong

PE funds have to be included in composites defined by strategy AND vintage year.

Answer is A.

作者: bboo 时间: 2011-7-11 19:22

C may be right.

Not sure what the "closed-end private equity" is. Is it fund of fund?

Edited 1 time(s). Last edit at Saturday, May 14, 2011 at 09:46PM by deriv108.

作者: Valores 时间: 2011-7-11 19:22

correct answer is A

as darkstar pointed out, PE funds have to be included in composites defined by strategy AND vintage year.

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