The Institutional Limited Partners Association (“ILPA”) has recently released an update to its model limited partnership agreement (the “Model LPA”) for private equity funds and other closed-ended funds. One of the stated...more
9/21/2020
/ Amended Rules ,
Clawbacks ,
Closed-End Funds ,
Fiduciary Duty ,
Fund Managers ,
Institutional Limited Partners Association (ILPA) ,
Limited Partnerships ,
Premium Listed Issuers ,
Private Equity ,
Tax Shelters ,
Termination for Cause
The secondary market has experienced rapid growth over the past decade, and that growth has been particularly fast in the last five years. The most striking feature of this growth is the general partner (GP)-led secondary...more
10/22/2019
/ Asia ,
Complex Corporate Transactions ,
Conflicts of Interest ,
EU ,
Fiduciary Duty ,
Financial Regulatory Agencies ,
Financial Services Industry ,
France ,
General Partner ,
General Partnerships ,
Investment Funds ,
Limited Partnerships ,
Liquidity ,
Private Equity ,
Risk Management ,
Secondary Markets ,
Securities and Exchange Commission (SEC)