A Private Equity Fund: I

question 56

Multiple Choice

A private equity fund: I.is set up as a limited partnership
II) usually uses a 2/20 fee structure
III) place no constraints on manager compensation
IV) typically have 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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