PE Secondaries advisory case study

Hi folks

I have a case study with a Private capital advisory business at an EB (Lazard/Evercore/PJT). Has anyone undergone something similar? Would anyone know what it could be? Would seriously appreciate any help and reward with silver bananas!

They advise both LP and GP leds. How does one value an LP led vs a GP led? 

Are the NAVs on the LP leds valued at book values or using comps on EV EBITDA basis?

For GP Leds I would assume this is mostly an LBO valuation

Thanks!

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