I`m on the mock exam 2019 morning session, question 46 (Yushah Capital Partners Case Scenario).
Can anybody help me with the following please: The carried interest (what the GP gets) is a % from (NAV before distributions - Committed capital). Ok, but can you help me how the carried interest for year 2013 and 2014 is calculated pls?
We have “The GBP 300 million fund has a vintage of 2011” - does that mean the total committed capital is 300? We also have a hurdle rate of 7% (not specified if hard or soft) and I`m not sure whether I should use this rate somewhere at all..
Tnx in advance,
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