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✨ EY Prep 🩷
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Private Equity
🎲 Mixed
1 / 10
Score: 0
What is a 'capital call' (or drawdown)?
A.
When a portfolio company calls for emergency funding
B.
When the GP asks LPs to transfer their committed capital to fund an investment
C.
When the fund returns profits to investors
D.
When the bank demands repayment of LBO debt