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.
LP是提供钱的,GP是要钱的,经济环境变差,就自然没有这么多项目投资,GP要钱的速度自然会变慢了,不然要这么多钱都可能只能投收益比较低的项目,从而无法完成收益指标,为什么不选A?