Glossary · Returns
IRR (Internal Rate of Return)
The annualised, time-weighted return that makes the net present value of a series of cash flows equal to zero.
Why it matters
It is the standard headline return — but always read it next to the multiple.
Words are easy. A match is hard.
GPX turns one deal document into a ranked, briefed shortlist of the lenders and investors that actually fit — debt and equity.