Atlas / Glossary / J-curve J-curve The shape of a private equity fund's cumulative cash flows: negative for years (capital calls , fees) before exits turn it positive. Nothing is wrong in year four — the J is the design. See private equity.
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Where J-curve is explained in depth The definition above is the short version. These pages put it to work, in the order they use it most:
Terms this definition uses The whole glossary
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