Question: Diamond makes a $1 million commitment to a private equity investment that is invested in three installments, what is Diamonds performance on this investment as
Diamond makes a $1 million commitment to a private equity investment that is invested in three installments, what is Diamonds performance on this investment as of Sept 30, 2017?
| Date | Contributions | Distributions | Valuation |
| 3/15/16 | $500,000 | ||
| 3/31/16 | $497,000 | ||
| 6/30/16 | $527,429 | ||
| 7/10/16 | $250,000 | ||
| 9/30/16 | $762,474 | ||
| 10/25/16 | $250,000 | ||
| 12/31/16 | $1,074,952 | ||
| 2/20/17 | $115,000 | ||
| 3/31/17 | $965,274 | ||
| 5/27/17 | $375,000 | ||
| 6/30/17 | $586,466 | ||
| 8/10/17 | $63,000 | ||
| 9/30/17 | $527,455 | ||
| $1,000,000 | $553,000 | $4,941,050 |
Given the information at hand, how would you value this investment for 12/31/2017?
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