Platform Development Agreement

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Platform Development Agreement Powered By Docstoc
					Performance Summary
Fund/Sponsor Name:
Fund:
As of:

                                                                   A                   B                   C                   D                                       E                  F                G
                                                                                   Realized                                                 Realized plus
                                               Vintage                            Proceeds           % of Equity       Realized Gross        Unrealized        Projected Gross      Projected Net   Projected Equity
     Fund                                       Year       Equity (millions)      (millions)          Returned          Levered IRR          Proceeds                IRR                 IRR            Multiple
     Fund Name                                  Year                                                   #DIV/0!
     Fund Name                                  Year                                                   #DIV/0!
     Fund Name                                  Year                                                   #DIV/0!
     Fund Name                                  Year                                                   #DIV/0!
     Fund Name                                  Year                                                   #DIV/0!
     Fund Name                                  Year                                                   #DIV/0!
     Fund Name                                  Year                                                   #DIV/0!
     TOTALS                                                               $0                   $0      #DIV/0!                                            $0



Definitions:

 A Original equity in the fund.
 B Reliazed proceeds returned to investors to date.
 C Calculated as total capital returned to date divided by equity (B/A)
 D Based on the aggregated quarterly compounded actual cash flows.
   Net of any affiliate fees, including asset management affiliates and credit facility interest/fees allocable to debt funding (portion of the facility used to bridge permanent financing).
   Gross of all fund level G&A type fees, including audit, legal, foreign currency translation and credit facility interest/fees allocable to funding of equity and fund level expenses.
   Gross of all sponsor fees, including acquistion fees, asset management fees, and carried interest.
 E Based on the aggregated quarterly compounded actual cash flows, using current fair values as the terminal values.
   Net of any affiliate fees, including asset management affiliates and credit facility interest/fees allocable to debt funding (portion of the facility used to bridge permanent financing).
   Gross of all fund level G&A type fees, including audit, legal, foreign currency translation and credit facility interest/fees allocable to funding of equity and fund level expenses.
   Gross of all sponsor fees, including acquistion fees, asset management fees, and carried interest.
 F Based on the aggregated quarterly compounded actual cash flows, using current fair values as the terminal values.
   Net of any affiliate fees, including asset management affiliates and credit facility interest/fees allocable to debt funding (portion of the facility used to bridge permanent financing).
   Net of all fund level G&A type fees, including audit, legal, foreign currency translation and credit facility interest/fees allocable to funding of equity and fund level expenses.
   Net of all sponsor fees, including acquistion fees, asset management fees, and carried interest.
 G Calculated as the projected total distributions divided by total committed capital.

     Please provide an analysis detailing what comprises the spread between Gross IRR (E) and Net IRR (F).

				
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