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Assume a private equity fund only holds 2 investments. Investment A (purchased for $150M) is sold for $110M in year 1. Investment B (purchased for

Assume a private equity fund only holds 2 investments. Investment A (purchased for $150M) is sold for $110M in year 1. Investment B (purchased for $330M) is sold for $350M in year 2. The fund has an 70/30 carried interest split and a deal-by-deal carried interest (as discussed in class). What is the clawback amount at the time of the fund's liquidation?

O $OM

$26M

$6M

O $24M

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