How do you calculate MOIC to return a Fund in VC/Growth

Given that fund usually allocate follow-on capital for later rounds, how would you go about calculating the necessary MOIC to return a fund?

Lets say I am investing out of a $100M fund writing $5M checks with $5M allocated as follow-on capital if a company performs. Does that mean my MOIC would need to be 20x or is it just 10x?

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