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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 5 of 8

Define Secondary investment and identify the opportunities and risks of such exit strategies.

Write your answer in your own words. It will be graded with Gemini.

Answer freely: concise wording is fine as long as it covers the lecture point.