Private Equity Glossary

A B C D E F G H I L M N O P Q R S T V W
Management Buy-In (MBI)
An acquisition in which an external management team purchases and assumes control of a company.

Management Buyout (MBO)
An acquisition where a company’s existing management buys out its owners to take control.

Management Fees
Fees paid by a fund to its General Partner to cover operating expenses, typically a percentage of committed capital.

Multiple on Invested Capital (MOIC)
The ratio of total distributions received to the capital invested, measuring gross return.