In a private venture capital firm,the ________ manages the fund in exchange for a management fee and a percentage of profits.

Question

Quizplus · Accepted Answer

In a venture capital firm, the general partner manages the fund on behalf of the limited partners, who provide the capital. The general partner receives a management fee and a percentage of the profits as compensation for managing the fund. Therefore, option B is the correct answer. Option A refers to the investors who contribute capital to the fund, and option C refers to the individual or team seeking investment from the venture capital firm. Option D refers to individuals or entities that provide leads for potential investment opportunities.

In a Private Venture Capital Firm,the ________ Manages the Fund