Question #1. ABC Company is raising their first fund, called Fund BMM, with ₱50M in committed capital,  annual management fees of 5 percent, carried interest of 15 percent, and a carried interest basis of  committed capital. During the 5 years of managing the VC portfolio, the partners did not charge  management fees or carried interest, and they achieved a GVM of 3.2.   a. the value multiple would be  closest to ? a. 2.09 b. 1.32 c. 2.06 d. 1.56   b. the GP% would be closest to: e. 18.44% f. 14.06% g. 17.50% h. 22.50%

A VC with $100 million committed capital is structured as 2% fees and 20% carry on the basis of committed capital. The first exit of a portfolio company with the VC’s investment of $10 million has happened with $50 million in the 5th year from the vintage year of the VC fund. How would this $50 million be divided between GPs and LPs in a deal-by-deal carry structure?

If a Venture Capital fund with $10 million committed capital, charges 2.5% management fee per year for 10 years, and 20 percent (20%) carried interest with a basis of committed capital. If the fund earns a 2 times return on its investment. What is the IRR for Limited Partners  if General Partners need to return committed capital before sharing the profit?

XYZ Partners is raising their first fund, XYZ Partners Fund I, with $100M in committed capital, annual management fees of 2 percent, carried interest of 20 percent, and a carried interest basis of committed capital. The four individuals on the XYZ team have previously managed the captive VC portfolio for the Goldenbucks family. During the 10 years of managing the Goldenbucks' VC portfolio, the partners did not charge management fees or carried interest, and they achieved a GVM of 2.5. 1. Suppose that XYZ Fund I earns the same GVM as the partners earned for Goldenbucks. What would be the value multiple be for the fund? 2. What would be the GP% of the fund?