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E firm has a fund of $10 Billion question

label Business & Finance
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schedule 0 Hours
account_balance_wallet $5

1.     If a PE firm has a fund of $10 Billion and returns 2x their money to LPs and the carry is 20%, the total GP carried interest retained by the General Partners is:

a)     $2 Billion


WHY? HOW?

Mar 3rd, 2015

Answer

The total GP carried interest retained by the General Partners is:

Interest is PRT/100= principal =$10billion, Rate  is 20% ,  T=Time

$10B*20%=10*20/100=$2 BILLION


Mar 3rd, 2015

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