Lee Clark, Executive Director at KPMG in the Channel Islands, discusses the importance of performance measures to sophisticated investors in the post financial crisis era.
“It’s all going great” said the fund manager, “we’ve a new buyout fund about to launch and have just paid a large distribution on Fund III and delivered a 25% IRR to date. We’ve been on the road talking to potential investors. But they’re asking a lot of questions on past performance, can you help?”
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