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AVC firm closed its new $200M fund with management fees of 2.0 percent per year (on committed capital) for all ten years. The fund
AVC firm closed its new $200M fund with management fees of 2.0 percent per year (on committed capital) for all ten years. The fund would receive a 25 percent carry with a basis of all committed capital. Total exit value from its investments in portfolio companies reached $500 million. .a. How much is the GVM? .b. How much is the VM? .c. How much is the GP percent?
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
