Waterfalls are pretty things in nature; it is water falling off a cliff. But how do they
Question:
“Waterfalls are pretty things in nature; it is water falling off a cliff. But how do they function in private equity?” asks your friend. How do you answer this question?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
The waterfall is structured this way so that the GPs do not get a share of t...View the full answer
Answered By
Aizel Salvy Servano
My first time as a tutor was in my second year in college. It was some kind of a tradition in our school for the seniors to do tutorials for the management and accountancy freshmen, as preparations for their qualifying examination. Since we were the "seniors" due to the gap created by the K-12 program, we were given the responsibility to carry on the tutorial tradition. We have scheduled session with our assigned tutees where we gave them handout or OTs and do a little lecture. As I am new to these things, I admit that I may not be as good as the others.
I see tutorials as a way of learning not just for the tutees but for the tutors as well. My professor in our major subject always reminds us that to know if we learn well, we must be able to replace them in front and discuss the lesson to our classmate. Being a tutor here is an opportunity for me to help other student like me and to help me grow professionally.
0.00
0 Reviews
10+ Question Solved
Related Book For
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
Question Posted:
Students also viewed these Business questions
-
What are pipeline slurry systems? How do they function?
-
What are stereotypes and how do they function in organizational settings?
-
What are freight forwarders? How do they function? What services do they perform?
-
In the expression 2 4 , the number 2 is called the______and 4 is called the_______.
-
Let Ax = b be a system of n linear equations in n unknowns and suppose that x1 and x2 are both solutions and x1 x2. (a) How many solutions will the system have? Explain. (b) Is the matrix A...
-
Identify some reasons (at least three reasons) why business owner(s) locate their business in that particular location. Identify different categories of spatial decisions for Target (i.e., Strategic,...
-
The Chronicle of Higher Education Almanac (Aug. 27,1999) reports that the percentage of undergraduates in the United States receiving federal financial aid is 45% at public four-year institutions and...
-
HD Inc. produces a variety of products for the computing industry. CD burners are among its most popular products. The companys controller, Katie Jergens, spoke to the companys president at a meeting...
-
24-29 (Objective 24-4) The following unrelated events occurred after the balance sheet date but before the audit report was prepared: 1. The granting of a retroactive pay increase 2. Declaration of a...
-
Asbat Pharmaceuticals (Asbat) is a leading pharmaceutical company that has been in existence for 22 years. Asbat has a calendar year-end and is audited annually. Asbat only operates in the United...
-
Sandy is confused about the terminology used in the private equity industry. How would you explain to her the differences between a limited partner and general partner in private equity?
-
People who operate private equity funds can receive very high levels of compensation if the fund is able to sell its portfolio firms for a much higher price than what it paid for and invested in...
-
The cross section of a braced cut supporting a sheet pile installation in a clay soil is shown in Figure 14.21. Given: H = 8 m, γclay = 19 kN/m3, Ï = 0, c = 42 kN/m2, and the...
-
In 2024, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2026. Information related to the contract is...
-
Briefly describe the case you have chosen. Categorize the social worker's experience as vicarious trauma, compassion fatigue, or burnout. Provide justification. Identify the social worker's score on...
-
Given f(x) below, find f'(x). f(x) = = m 5z In (2) et dt
-
Olsen & Alain, CPAs (O&A) performed the audit of Rocky Point Brewery (RPB), a public company in 20X1 and 20X2. In 20X2, O&A also performed tax services for the company. Which statement best describes...
-
Exercise 9-4 (Algo) Prepare a Flexible Budget Performance Report [LO9-4] Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erupted in...
-
Names, such as Katrina and Sandy, used to identify different hurricanes Levels of Measurement. For the data described in Exercises, identify the level of measurement (nominal, ordinal, interval, or...
-
ABC company leased new advanced computer equipment to STU Ltd on 1 January 2019.STULtd has to pay annual rental of $290,000 starting at 1 January 2019. It is a four years lease with ultimate rental...
-
In academic research published before he entered government, Fed Chairman Ben Bernanke wrote: [In] a system without deposit insurance, depositor runs and withdrawals deprive banks of funds for...
-
In academic research published before he entered government, Fed Chairman Ben Bernanke wrote: [In] a system without deposit insurance, depositor runs and withdrawals deprive banks of funds for...
-
An article in the New York Times published just after the Fed helped save Bear Stearns from bankruptcy noted: If Bear Stearns failed, for example, it would result in a wholesale dumping of mortgage...
-
For esch of the following Independent tranactiona, determine the minimum amount of net income or loas for tox purposes snd the tsxpsyer to which it applies. 1 An individual purchases a $ 1 0 , 0 0 0...
-
Suppose a bond has a modified duration of 4. By approximately how much will the bonds value change if interest rates: a. Increase by 50 basis points b. Decrease by 150 basis points c. Increase by 10...
-
You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...
Study smarter with the SolutionInn App