Shamrock Partners raised its 7th venture fund in 2010 with committed capital of $300M. The limited Partnership Agreement provides for a 2% management fee on committed capital and a 20% carry. The fund has a 10-year life and a 5-year commitment period. Shamrock made 10 investments of $22 million each by 2016 and exited 5 deals with a total cost basis of $110M. It is now 2019. Calculate the following: a. Investment capital
b. Lifetime fees
c. Invested Capital
d. Net-invested capital
e. Extra Credit

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?