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✨ EY Prep 🩷
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Private Equity
🔴 Hard
1 / 2
Score: 0
What is 'key man risk' in a PE fund context?
A.
The risk that a key portfolio company CEO resigns
B.
The risk that the GP's key investment professionals leave, potentially triggering an LP right to halt drawdowns or dissolve the fund
C.
The risk that a key LP withdraws its commitment
D.
The risk that the fund's administrator loses key financial data