A Private Equity Fund

question 97

Multiple Choice

A private equity fund:
I. is set up as a limited partnership
II. usually uses a 2/20 fee structure
III. places no constraints on manager compensation
IV. typically has a stated life of 7 to 10 years

• A)I and II only
• B)I and III only
• C)I, II and III only
• D)I, II and IV only
• E)I, II, III, and IV

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Definitions:

Battle of Waterloo

The decisive battle fought on June 18, 1815, near the town of Waterloo in present-day Belgium, where Napoleon Bonaparte was defeated by the British led by the Duke of Wellington and the Prussians under Gebhard Leberecht von Blücher.

Key Decisions

Important or critical choices made in various contexts, including business, governance, and personal life, that significantly affect outcomes or directions.

Hidden Infantry

Refers to concealed ground troops designed for surprise attacks or defense in warfare, often implying specialized tactics or strategic positioning.