Current projected net equity multiple from inception to end of vehicle term (net of all taxes, fees and carried interest) per the manager's estimate, or in the case of an open end vehicle over a period as agreed between the manager and investors. This is the weighted average of the equity multiple of realized investments and the manager's projection of the equity multiple of unrealized investments.
Global Definitions Database
Equity multiple-net, projected
Equity multiple (Net)
Current equity multiple (Net) = [Total return of capital + Total Income/Interest/Dividend distributions + Fair value of vehicle (NAV)] / Total capi...
Equity multiple- gross, projected
Current projected gross equity multiple from inception to end of vehicle term (gross of taxes, fees and carried interest) per the manager's est...
Gross equity multiple of vehicle realized
Equity multiple of portion of equity invested that has been divested (regardless of whether the proceeds have been distributed), before any