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Banking

Mezzanine Capital

A distinct sub-asset class (actually, a type of private equity) that is used to fill the funding gap between senior…

Money-Weighted Return

A form of return that is used to measure the performance of an investment, reflecting the amount of money that…

Hands-Off Investor

An investor who takes a passive role in the management of the company in which he has a large stake…

Hands-On Investor

An investor who takes an active role in the management of the company in which he has a large stake…

Mezzanine Fund

A private equity fund which focuses on mezzanine financing, i.e., it uses subordinated debt with some degree of equity participation…

Modified Internal Rate of Return

In relation to a fund/ a portfolio (also, private equity investments), it is the discount rate that equalizes the initial...

MIRR

It stands for modified internal rate of return; in relation to a fund/ a portfolio (also, private equity investments), it is...

Modified IRR

It stands for modified internal rate of return; in relation to a fund/ a portfolio (also, private equity investments), it is...

NPV

It stands for net present value; the current value of a series of future payments and receipts that is calculated...

Net Present Value

The current value of a series of future payments and receipts that is calculated applying a specific discount rate (usually...