hard · Private Credit & Debt fund-structures-returns-economics
A fund with $100M in committed capital follows a European waterfall with an 8% preferred return, 100% GP catch-up, and 20% carry. The fund distributes $200M in Year 4. Calculate the total distribution to the GP.
- $20.0M
- $16.0M
- $28.8M
- $40.0M
Sign up free to see the explanation and track your rank →
More Private Credit & Debt fund-structures-returns-economics practice
- What is the fund's TVPI (Total Value to Paid-In) multiple?
- What is the Dividend Coverage ratio?
- What is its current Debt-to-Equity (Leverage) ratio?
- A BDC (Business Development Company) is required to distribu… — What is the primary benefi
- An investor is reviewing a fund's performance and sees a DPI… — What does this suggest abo
- If the fund's net TVPI is only 1.15×, what is the most likely explanation?
- If management achieves a 6.0x Money Multiple (MOIC) on their personal investment, while th
- What is the Sponsor's Money Multiple (MOIC)?