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Private equity NAV calculation using waterfall distribution method
Calculate the NAV by summing up the value of all investments in the fund
Deduct any outstanding fees or expenses from the total value
Apply the waterfall distribution method to distribute profits among investors based on the agreed upon terms
Example: If the fund has $100 million in investments and $10 million in fees, the NAV would be $90 million after ded
Management fee is calculated based on a percentage of assets under management. Journal entry involves debiting Management Fee Expense and crediting Cash or Accounts Payable.
Calculate management fee as a percentage of assets under management
Journal entry: Debit Management Fee Expense, Credit Cash or Accounts Payable
American distribution method focuses on mass distribution and convenience, while European distribution method emphasizes quality and personalized service.
American distribution method typically involves larger warehouses and distribution centers to cater to a larger market.
European distribution method often includes smaller, more localized distribution centers to provide personalized service to customers.
American distri...
3 round excel test regarding vlookup, hookup, sumif, concatenate, index, pivot table, sorting, etc.
I applied via LinkedIn and was interviewed in Nov 2024. There was 1 interview round.
I applied via Approached by Company and was interviewed in Dec 2024. There was 1 interview round.
I applied via Recruitment Consulltant and was interviewed in Jul 2024. There was 1 interview round.
Thought Focus interview questions for popular designations
Get interview-ready with Top Thought Focus Interview Questions
String is immutable, while StringBuilder is mutable and more efficient for concatenating multiple strings.
String is immutable, meaning once created, it cannot be changed. StringBuilder is mutable and allows for modifications.
String concatenation creates a new string object each time, while StringBuilder modifies the existing object.
StringBuilder is more efficient for concatenating multiple strings due to its mutable na...
posted on 24 Jan 2024
The day to day activities of a fund accountant involve maintaining financial records, reconciling transactions, preparing financial statements, and providing support to investors and auditors.
Maintaining accurate financial records for the private equity fund
Reconciling transactions and ensuring accuracy of investment data
Preparing financial statements, including balance sheets, income statements, and cash flow statemen...
PPM and LPA are legal documents used in private equity funds.
PPM stands for Private Placement Memorandum, which is a legal document that provides detailed information about a private equity fund to potential investors.
LPA stands for Limited Partnership Agreement, which is a legal document that outlines the terms and conditions of the partnership between the general partner and limited partners in a private equity fund.
...
The footnotes section of an investment report provides information on the levels of investment.
The footnotes section typically includes details on the types and amounts of investments made.
It may provide information on the allocation of funds across different asset classes or sectors.
Footnotes can also disclose any significant changes in investment strategies or portfolio composition.
Examples of footnotes could include...
Accrual and cash entries impact the balance sheet differently.
Accrual entry records revenue or expenses that have been earned or incurred but not yet received or paid.
Cash entry records the actual inflow or outflow of cash.
Accrual entry affects the income statement and balance sheet, while cash entry only affects the balance sheet.
Accrual entry increases or decreases both revenue and expenses on the income statement, w...
A master-feeder structure is a common investment structure in private equity funds. Blockers and feeders are two types of entities within this structure.
A master-feeder structure is used to pool capital from different types of investors into a single investment vehicle.
The master fund is the main investment vehicle that holds the assets and makes the investments.
Feeder funds are separate entities that pool capital from...
Basic mathematics and general English questions.
I am passionate about data analysis and process improvement, and I believe this role will allow me to utilize my skills and contribute to the team's success.
I have a strong background in data analysis and process improvement
I am excited about the opportunity to apply my skills in a new environment
I am eager to learn and grow in this role
I believe I can make a positive impact on the team's success
The role of a Senior Quality Assurance Engineer 2 involves ensuring high-quality software products and processes, and the expected CTC depends on the company and location.
Ensuring high-quality software products through testing and quality assurance processes
Identifying and documenting software defects and working with development teams to resolve them
Creating and executing test plans, test cases, and test scripts
Collab...
I applied via Walk-in and was interviewed in Jun 2023. There were 4 interview rounds.
1st It was an Aptitude test with 30 questions passing 15 question must
The topic between Hard work vs Smart work 15 mins
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