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Alpha Fund invested 146M in Clear Mountain, a luxury apparel retailer, on January 1, 2021, in exchange for a 48% stake in the firm. Clear

Alpha Fund invested 146M in Clear Mountain, a luxury apparel retailer, on January 1, 2021, in exchange for a 48% stake in the firm. Clear Mountain paid Alpha Fund a 14.5M dividend in June 2022, and Alpha Fund sold 20% of its 48% equity stake for 200M on December 31, 2023. 


What are the IRR and Multiple Of Money (MoM) on realized value from the point of view of Alpha Fund?

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