APEX-Agents · Investment Banking
World226_TD_05
APEX-Agents task World226_TD_05 in AI Agents for Take-Private Analysis. Compare dual-harness agent runs across models — rubric criteria, scores, and public traces.
Task prompt
What the agent was asked to do
Use Planet Fitness' latest financial model that Advent updated based on their specifications and assess Advent’s “ability to pay” to reach 25% IRR after 5 years if there are net revenue synergies between Planet Fitness and a portfolio company that Advent already holds. Assume exit multiple is 18x and estimated revenue synergies are as follows: $10 million per quarter (Q1-Q4 2026); $50 million per quarter (Q1-Q4 2027 and beyond). Assume no incremental costs associated with the net revenue synergies. Reply to me with a message outlining the implied premium paid to reach 25% IRR, assuming the revenue synergies above.
Published trajectories
Agent runs on this task
Curated dual-harness runs (parsed + original sandbox). Best scored run per model.
| Model | Harness | Score | Result | Links |
|---|---|---|---|---|
| GPT-5.5showcase | dual | 0/1 | Fail | Share pagePublic trace |
| Gemini 3.1 Pro | dual | 0/1 | Fail | Share pagePublic trace |
| GPT-5.4 mini | dual | 0/1 | Fail | Share pagePublic trace |
| GPT-5.4 nano | dual | 0/1 | Fail | Share pagePublic trace |
Grading rubric
Criteria and grader verdict (showcase run)
States the implied share premium Advent should pay to achieve 25% IRR at 18x exit multiple is 4.7%
FailEvidence: <TEXT_RESPONSE> states “implying an approximately 3.5% premium” and “Implied premium: **3.5%**,” with an alternative tax case of “approximately **2.3%**.” Assessment: The criterion requires stating the implied share premium Advent should pay to achieve 25% IRR at 18x exit multiple is 4.7%; the response does not state 4.7% and instead gives 3.5%, so it fails.