Private Equity Diligence: Over-reliance on a simple metric – the weakness of IRR

This one-hour session will cover:

• Technical Issues in the Calculation: Impact of Early Returns on an Investment Stream
• Risk Underneath the Topline Number: Skill or Luck?
• Quick Returns and Re-investment Risk: How Much Cash Did I Get?
• Team Turnover and Attribution: Whose IRR Is It?
• Unrealized Returns and IRR: How Real Is That Number In the Early Days of a Fund?