ABC Ventures has raised their $100M fund, ABC Ventures 1 , with management fees computed based on committed capital. These fees are 2.5 percent per year for all 10 years. Given this description, what are the lifetime fees and investment capital for this fund? lifetime fees =$35M; investment capital =$75M lifetime fees =$25M; investunent capital =$75M lifetime fees - \$25M: investment capital =$80M lifetime fees =$20M; investment capital =$80M Question 14 1 pts A VC firm is considering two different structures for its new $100M fund. Both structures would have management fees of 2.5 percent per year (on committed capital) for all ten years. Under Structure 1 , the fund would receive a 25 percent carry with a basis of all committed capital. Under Structure II, the fund would receive a 20 percent carry with a basis of all investment capital. Suppose that total exit proceeds from all investments are $200M over the entire life of the fund. How much carried interest would be earned under each of these two structures? Under Structure I =\$12.5M: Under Structure II =\$15M Under Structure I =$25M; Under Structure 11=$25M Under Structure I =\$15M: Under Structure II =\$25M Under Structure I =$25M; Under Structure 11=$20M