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The following $625 million fund has completed its 10 -year life. Information on the fund...

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Finance

The following $625 million fund has completed its 10 -year life. Information on the fund is below. 1. Compute, for each year (i.e. as of the end of each year), the total gross multiple of the fund (realized plus unrealized) Hint: the common denominator of those multiples (realized, unrealized, total) should be the cumulative invested capital since the question is about gross multiples. 2. Compute, for each year (i.e. as of the end of each year): - The fund's DPI* - The fund's RVPI* (assuming carried interest =0 on the unrealized portion) - The fund's TVPI* (assuming carried interest =0 on the unrealized portion) * DPI, RVPI and TVPI stand for Distributions to Paid-In capital, Residual Value to Paid-In capital

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