A Private Equity Fund

question 7

Multiple Choice

A private equity fund:
I.is set up as a limited partnership
II.usually use 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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Definitions:

Physical Development

The process of bodily changes, growth, and improvement in skills throughout a person's life.

Parents

Individuals who have a biological or adopted child and are responsible for their care, upbringing, and development.

Initiative Versus Guilt

A stage in Erikson's psychosocial development theory where children aged roughly 3 to 6 years explore their abilities and learn to initiate tasks, feeling a sense of purpose or, if discouraged, experiencing guilt.

Erikson's Stage

Refers to one of the eight stages of psychosocial development identified by Erik Erikson, which humans progress through from infancy to adulthood.