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internal rate of return
noun
- an interest rate giving a net present value of zero when applied to the expected cash flow of a project. Its value, compared to the cost of the capital involved, is used to determine the project's viability
Example Sentences
But Thomas H. Lee eventually earned a 34 percent internal rate of return from it.
The $6.7 billion Blackstone Tactical Opportunities Fund II and the Tactical Opportunities Fund III, which raised $4.09 billion, had generated a net internal rate of return of 14.1% and 11.7%, respectively, as of June last year, according to the California Public Employees' Retirement System.
It reported a net internal rate of return of just 2% as of the end of September, according to Blackstone's most recent quarterly earnings.
By comparison, the predecessor fund that Clarus raised in 2018, before Blackstone took over, was delivering a 15% net internal rate of return as of the end of September.
KKR said the prior KKR Americas XII Fund, which collected $13.9 billion from investors in 2017, had a net internal rate of return of 41.9% as of the end of last year.
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