Multiple Choice
A private equity fund:
I. is set up as a limited partnership
II. usually uses a 2/20 fee structure
III. places no constraints on manager compensation
IV. typically has a stated life of 7 to 10 years
A) I and II only
B) I and III only
C) I, II and III only
D) I, II and IV only
E) I, II, III, and IV
Correct Answer:
Verified
Correct Answer:
Verified
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