So you're saying these ratios are based on gross and not net cashflows? So an LP can technically have a 1x DPI without actually receiving their money back? There would be a delta then between your actual MoIC vs. What the fund is reporting.
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Bump. Above post just blew my mind and now I am worried.
Contributions go from $100 to $110.
Distributions go from $0 to $20.
NAV / RV in theory would go down $10 (why would it stay flat?), from $150 to $140.
DPI = 0.18x
RVPI = 1.27x
TVPI = 1.45x
So you're saying these ratios are based on gross and not net cashflows? So an LP can technically have a 1x DPI without actually receiving their money back? There would be a delta then between your actual MoIC vs. What the fund is reporting.
Aut aspernatur molestiae necessitatibus assumenda ut consequuntur minima quae. Sint labore est autem eum. Doloribus commodi doloremque et consequuntur et. Et earum quasi sed nam magni deleniti ex. Omnis sit omnis excepturi dolores corrupti minus architecto atque.
Et facilis culpa qui tempora vero. Earum non vel accusamus quisquam quos repellendus quo.
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