Funds

Gross Multiple of Cost & Net IRR Modified for Fund Leverage

This article is from the Performance Measurement and Reporting section, contains the definitions of Gross Multiple of Cost and Net IRR Modified for Fund Leverage.

Ilya Alkhimov

Jul 14, 2021 — 2 min read

Gross Multiple of Cost

The multiple of investment proceeds received plus current fair value of the unrealised portfolio divided by the total original cost of the investments (including follow-ons).

Alternative Investment Funds in Estonia. Management Companies & Funds.

Net Internal Rate of Return (IRR) modified for Bridge Finance / Fund Leverage

The net Internal Rate of Return (IRR) calculated as if drawdowns from Limited Partners (LPs) had been made on the date drawdowns were made on the Bridge Finance facility, rather than the date drawdowns were made from Limited Partners (LPs), adjusting for the interest and other costs associated with the Bridge Finance and any consequent impact on carried interest.

Support of Management Companies and Alternative Funds in Estonia

The net Internal Rate of Return (IRR) calculated as if no Fund Leverage had been available, with drawdowns from Limited Partners (LPs) replacing the drawdowns from the Fund Leverage facility and adjustments made to remove interest and other costs and any consequent impact on carried interest.

Cino attracted €500K investments at Latitude59

Huge congratulations to our client Cino on their achievement (€500,000 investments👏) at Latitude59! The eleventh Latitude59, attended by 3,000 people, was themed “Be Bold”. Almost 400 startups from 61 countries applied for Latitude59’s traditional pitch competition. Both early-stage and more mature technology companies were invited to the

International Sanctions in Estonia and the EU. The Subject.

The terms used in this article are defined in the ISA, in the legal act implementing international sanctions, the Financial Action Task Force’s (hereinafter: FATF) recommendations made in 2012 and the 2013 methodology dictionary, or in EU guidelines and other guidance materials.

One Person as a Board Member and as a Compliance Officer – The Proper Way of Applying and Conflicts of Interest

Compliance with the principles of good corporate governance shall start with the board and its responsibility to foster the long-term success of the company and secure its sustained competitiveness.

Personal Holding Company for Tax Planning

In this post, we will review how entrepreneurs and business owners can use foreign companies for tax optimization.