The internal rate of return, or simply the IRR, is the magic figure that private equity fund managers, shipping-focused investors and affluent shipowners alike employ to determine if an investment makes sense.
The investment firm recently launched by the prominent Greek shipowner George Livanos and two bankers, as well as the launch of Schulte Group’s shipping fund, has prompted me to explore the power of IRR and engage in some simple number crunching.
Take a five-year-old, 9,000 TEU...
http://blogs.platts.com/2018/07/11/magic-irr-high-returns-investment-funds-shipping/