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