medium · Private Equity
A General Partner (GP) is raising the fictional $500M BlueRidge Fund IV. The Limited Partnership Agreement (LPA) mandates a 2% GP commitment.
If the GP partners fund 50% of this commitment from their personal net worth and the remainder via a loan from the Management Company, what is the dollar amount of capital personally contributed by the partners?
- $2.5M
- $5M
- $10M
- $250K
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