Consider a PE fund with a commitment of $150$M EUR, vintage $2005,$ that

has been called at $70\%$ as of $12/31/2011.$ Its NAV is estimated at

$80$M EUR as of $12/31/2011,$ and its investment period is ending $5$ years

after the first investment made in December $2005.$ Management fees are

at $1\mathrm{.}5\%$ of the capital committed. The fund has already distributed $165$M

EUR to investors as of $12/31/2011.$

$$ What is the amount of capital that has not been called?

$$ When is the investment period ending? Can the fund invest after its

investment period? Realize follow$-$ons?

$$ What are the performance metrics of the fund as of $12/31/2011?$

Compute a multiple of capital invested and a rate of return.

$$ What is the amount of management fees paid since the fund inception?