Question
Alpha Partners is a 10-year, $250 million growth capital fund (i.e. with committed capital of $250 million) with annual management fees of 2% of committed
Alpha Partners is a 10-year, $250 million growth capital fund (i.e. with committed capital of $250 million) with annual management fees of 2% of committed capital for the first 5 years, and 1.5% of committed capital for the remaining years. What are the total management fees and total invested capital during the funds life?
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States And The Reemergence Of Global Finance
Authors: Eric Helleiner
1st Edition
0801428599, 978-0801428593
