Private Equity

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Across
  1. 5. A purchase of control
  2. 6. The first ever fund raised by the GP
  3. 9. Splitting a business away from its parent to move in a new direction
  4. 11. A measure of underlying profitability
  5. 14. The very first investor to commit capital to a fund
  6. 15. Checks before committing capital
  7. 17. The amount of capital a manger wants to raise for a fund
  8. 21. A buyout using a significant amount of borrowed money
  9. 22. The amount committing to a fund
  10. 24. Closed
  11. 26. A company under 3 years old
  12. 27. A method of ascribing value to a company
  13. 28. The percentage on top of the initial total capital, by which GPs must give back to LPs
Down
  1. 1. Capital raised but as yet uninvested
  2. 2. Comparing
  3. 3. A type of investment strategy focused on ethical considerations
  4. 4. Where a fund is held
  5. 7. A valuation metric
  6. 8. The year in which a fund was formed
  7. 9. A fund owned by a larger financial institution
  8. 10. An LP's overall allocations for their capital
  9. 12. An informal early stage investor
  10. 13. When capital is invested into the portfolio companies
  11. 16. The market value of the remaining equity that the LPs have in a fund
  12. 18. Another term for money
  13. 19. A company at the concept stage
  14. 20. An extended target
  15. 23. Another name for a fund
  16. 25. Commission for professionals within a GP once their fund has been realised
  17. 26. A separate investment alongside a main fund