A public market equivalent (PME) methodology where all private equity cash flows are compounded by the returns of the reference benchmark to the same single point in time, which wh ...

An investment that involves the outright purchase of a property or properties or mortgage financing not done through other investment vehicles and may include any co-investments.

With reference to finance:  a yield rate used to convert future payments or receipts into present value; reflects both the safe rate earned from a completely riskless investme ...

A valuation method used to estimate the feasibility and attractiveness of an investment opportunity; utilizes future free cash flow and discount rate estimates to determine a net p ...

The level of authority granted to an adviser or investment manager over the investment and management of client capital; With reference to a discretionary account:  typically ...

A fee charged by an investment manager or operating partner to sell an investment.  The fee compensates for the costs of marketing, negotiating and closing the sale. &nbs ...

An asset, generally a security or real property that features a sharply reduced value as a result of actual or potential losses created by an excess of credit risk, market risk, or ...

See "waterfall"  

The risk inherent to a particular investment or portfolio of investments that can be mitigated or reduced through diversification; also known as “idiosyncratic risk,” & ...

The foreign corporation’s effectively connected earnings and profits for the taxable year adjusted for changes in US net equity.