How does working capital in M&A work? It's complicated, but I'll try and explain in 2 minutes. When you make an offer to buy a business, this is normally an 'Enterprise Value.' This means your valuation assumes: - zero cash - zero debt, and -... See more

Performance Metrics

Total Value to Paid-In Capital (TVPI)

TVPI is a measure of both the realized and unrealized value of a fund as a proportion of the total paid-in, or contributed, capital. It is calculated by (total value) / (paid-in capital) where total value is (distributions + net asset value). A TVPI over 1.00x means an investment’s value

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Good doc by PWC on "Basic understanding of a company's Financial statements". Useful stuff for beginners. https://t.co/byhqlrQuKa https://t.co/sS03s6qjpl