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ciaoyy · 2020年01月24日

问一道题:NO.PZ2019122802000007

问题如下:

Current macroeconomic environment could lead to a bear market within a few years. Which of the following could be the potential impact on liquidity planning associated with the actions of the fund’s general partners in the forecasted environment?

选项:

A.

call capital at a slower pace.

B.

make distributions at a faster pace.

C.

exercise an option to extend the life of the fund.

解释:

C is correct.

The current macroeconomic environment could lead to a bear market within a few years. Liquidity planning should take into account that under a scenario in which public equities and fixed-income investments are expected to perform poorly, general partners may exercise an option to extend the life of the fund.

为什么“在熊市的时候,GP会call capital at a higher pace而不是slower pace”?是因为遍地黄金,好资产的价格很低吗?

1 个答案
已采纳答案

Olive_品职助教 · 2020年02月03日

嗨,从没放弃的小努力你好:


原版书只给了结论,没有给出原因。我认为是这样的。相比传统的债券和权益投资,另类投资在bear market会有更多的投资机会。


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