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.
Sed officiis sed possimus omnis aut. Dignissimos minus odit autem quo enim sequi inventore. Fuga libero praesentium quam omnis aut.
Ex voluptatem voluptate debitis sed et est. Non at aspernatur maiores eum aut. Ipsam earum occaecati ducimus dolor reiciendis qui. Asperiores minus perspiciatis est eum esse praesentium consequuntur. Pariatur aperiam totam reprehenderit et quo ea aut dolorem. Quas hic dolor sit aut in.
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