![]() In Part I of this publication, we have discussed the impact of subscription lines of credit on the Net IRR and the potential distortion of the ‘Fee Drag’ (resulting in a negative ‘Fee Drag’) rendering the Gross IRR/Net IRR analysis in certain situations quasi-useless due to the fact that the Net IRR may turn out to be higher than the Gross IRR, in addition to the time mismatch between Gross and Net IRRs. Click here to read part II where we discuss the impact of subscription lines of credit on carried interest.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
July 2020
Categories |