A $200M fund with a carry percentage of 20% and a carry basis of allcommitted capital, a

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A $200M fund with a carry percentage of 20% and a carry basis of allcommitted capital, a priority return of 10%, and a 100% catch-up. Imagine that all committed capital is drawn down on the first day of the fund, and that there are total exit proceeds of $320M, with $250M of these proceeds coming exactly one year after the first investment, $30M coming one year after, and $40M coming the year after that.

a. Determine the distribution of profits of GPs with the catch-up
b. without the catch-up provisions

Posted Date: Nov 21, 2021 09:02 PM

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A $200M fund with a carry percentage of 20% and a carry basis of allcommitted capital, a

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Formula Snip Total Distribution to GP with the catchup pr... View the full answer

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