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Independent Private Equity Fund

A private equity fund in which the main source of capital is obtained from third parties. Also, the management company...

Investment Bogey

A performance benchmark that is used in comparing the results of an investment, portfolio, fund, etc. More specifically, it is...

IRR

It stands for internal rate of return; the money-weighted return (MWR) that causes the beginning value and intermediate cash flows...

Internal Rate of Return

The money-weighted return (MWR) that causes the beginning value and intermediate cash flows to grow to the ending value. It...

International Capital Allocation

In the context of private equity fund investments, limited partners contribute capital to funds that diversify globally, rather than confine...