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.
B为什么不对?市场不好的时候,PE投资的公司更需要钱续命,应该需要更多的capital call。