Since inception internal rate of return (SI-IRR) - gross of fees
Definition:
Since inception IRR is the IRR of the Vehicle after all vehicle-level fees, taxes and carried interest are deducted, as described in the INREV Performance Measurement module. IRR represents the rate of return based on the present value of a capital investment over the holding period expressed as a percentage of the investment. The cash flow here is before the deduction of all the fees charged by the investment manager at all levels of the vehicle structure as detailed in the Fee and Expense Metrics module.
Only applicable for closed-end funds.
| Data Type | Double |
|---|---|
| Values | 0.00% - 100.00% |
| Example | 9.50% |
| Reference Field | - |
| INREV Guideline ID | PM08 |
| INREV Index reference | - |
| External reference | - |
| GDD reference | - |