DEFINITION
A measure of a portfolio or fund's performance that is equal to the internal rate of return (IRR) after management fees and carried interest have been accounted for. It is a capital budgeting and portfolio management term.INVESTOPEDIA EXPLAINS
The IRR is a discount rate where the present value of future cash flows of an investment is equal to the cost of the investment. The net IRR is a modified IRR value that has taken into consideration management fees and any carried interest.RELATED TERMS

Cost Of Capital
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Pooled Internal Rate Of Return ...
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Internal Rate Of Return  IRR
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Accounting
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Working Capital
This ratio indicates whether a company has enough short term assets to cover ...
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