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The Bigco pension plan has invested in dozens of VC funds. The director of the pension plan is preparing his annual report to the Bigco board of...

This question was answered on Jan 07, 2013. View the Answer
1. The Bigco pension plan has invested in dozens of VC funds. The director of the pension plan is preparing his annual report to the Bigco board of directors. Summary information for Bigco's VC portfolio is given in Exhibit 3-9 in our textbook on page 62. Prepare a 5 year report on net returns and gross returns by year, plus the compound returns and annualized returns for all 5 years. You can assume that all new investments and management fees were paid for at the beginning of the year, and all distributions were paid at the end of the year.

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http://www.scribd.com/doc/112108306/Venture-Capital-e-Finance-Innovation
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8417824.xlsx

YEAR
Beginning Value
New Investments
Ending Value (Before Distribution)
Distributions to LPs
Distributions to GPs
Management Fees 2010
10,000
2,000
13,800
3,000
500
200 2011
10,300
2,000
16,605...

This question was asked on Jan 04, 2013 and answered on Jan 07, 2013.

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