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Private Equity

Exam 3: Sample Exam

Sample Exam Questions covering multiple choice and short answer topics including fundraising, dry powder, LPs, fund types, secondary investments, mezzanine debt, covenants, and EV/EBITDA valuation. Direct transcription from the 2017/2018 sample exam.

Question 1 of 8

Consider the following statements and select the correct answer.

I. Fundraising is a period characterized by the search of investment opportunities and the creation of pipeline. II. Fundraising is a period characterized by the search of capital from limited partners with which new investments will be made. III. Fundraising is a period characterized by the maximization of the fund’s capital in the investments made. IV. Fundraising is a period characterized by the liquidation of the fund’s positions.

Pick one: press 1-4 on your keyboard or click an option.
A

Only I and II are correct.

B

Only II and III are correct.

C

Only II and IV are correct.

D

Only I and III are correct.