27. What are the typical components of an LP/GP agreement? 28. Explain the key parts of...

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27. What are the typical components of an LP/GP agreement?
28. Explain the key parts of the due diligence process
29. What is hurdle rate
30. Many times valuations are based on multiples of EBIT (orEBITDA), for example, 3XEBIT (3 times EBIT). What the number 3signifies? Explain the origin of multiple comparable valuations 31.Explain fund vehicles (What is a primary fund, Feeder fundAlternative investment Vehicle parallel fund etc)
32. What is carried interest? What is waterfall distributions?How we calculate waterfall distributions?
33. What are secondaries? Why they are important in the PEmarket place
34. Describe key principles in the due diligence process
35. What are the post-closing price adjustments andremedies?
36. What is the difference between fund of funds Private equityand a public private equity fund
37. What is deal structuring in private equity
38. Describe typical equity instruments in the deal structuringprocess for Private equity
39. Describe and differentiate among debt instruments instructuring private equity transactions
40. What are representations and warranties? Where thesestatements are used?
41. What are covenants and why they are important in privateequity transactions
42. Explain indemnification provisions in the Sales and Purchaseagreement for a PE fund
43. Explain the components of value creation in a PEtransaction
44. What kind of resources are needed for a PE firm to impactvalue creation. Discuss the role of external and internalresources
45. What is private credit? How you structure a fund to provideprivate credit
46. Discuss exit paths for a private equity investment
47. What is a GP Catch-up and what is “Clawback” in privateequity?
48. There are two types of waterfall calculations. The “Europeanwaterfall and the “American waterfall” calculations. Please explainthe differences.
49. Often the term co-investing is used in PE. Can you pleaseexplain its meaning 50. What is the role of a sponsor in a privateequity transaction?
51. What is a closed-end fund? A blind pool?

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27 Typical components of LPGP are Institutional investors Fund Manager Percentage drawn percentage undrawn 29 hurdle rate It is the rate of return that can be earned from the best alternative investment opportunity with the same risk profile 40 Representations and warranties are used during loan contracts and acquisitions and sometimes in employment also These statements are used for the full See Answer

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27. What are the typical components of an LP/GP agreement?28. Explain the key parts of the due diligence process29. What is hurdle rate30. Many times valuations are based on multiples of EBIT (orEBITDA), for example, 3XEBIT (3 times EBIT). What the number 3signifies? Explain the origin of multiple comparable valuations 31.Explain fund vehicles (What is a primary fund, Feeder fundAlternative investment Vehicle parallel fund etc)32. What is carried interest? What is waterfall distributions?How we calculate waterfall distributions?33. What are secondaries? Why they are important in the PEmarket place34. Describe key principles in the due diligence process35. What are the post-closing price adjustments andremedies?36. What is the difference between fund of funds Private equityand a public private equity fund37. What is deal structuring in private equity38. Describe typical equity instruments in the deal structuringprocess for Private equity39. Describe and differentiate among debt instruments instructuring private equity transactions40. What are representations and warranties? Where thesestatements are used?41. What are covenants and why they are important in privateequity transactions42. Explain indemnification provisions in the Sales and Purchaseagreement for a PE fund43. Explain the components of value creation in a PEtransaction44. What kind of resources are needed for a PE firm to impactvalue creation. Discuss the role of external and internalresources45. What is private credit? How you structure a fund to provideprivate credit46. Discuss exit paths for a private equity investment47. What is a GP Catch-up and what is “Clawback” in privateequity?48. There are two types of waterfall calculations. The “Europeanwaterfall and the “American waterfall” calculations. Please explainthe differences.49. Often the term co-investing is used in PE. Can you pleaseexplain its meaning 50. What is the role of a sponsor in a privateequity transaction?51. What is a closed-end fund? A blind pool?