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Need some help with practice past exam question answer below ...

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Accounting

Need some help with practice past exam question answer below

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Question 4 Restructure and PE (3 marks) Determine whether the following statements are True or False. i). Similar to venture capital funds, private equity funds mainly invest in young start-up companies. ii). Similar to venture capital funds, private equity funds are usually structured as limited partnership. iii). Spin-off is a transaction where a company creates a new company out of a subsidiary and then sells a minority interest to the public through an IPO. True/False Statement (i) (ii) (iii)

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