Ts & Cs

The fundamental building block of the LP-GP relationship is changing, and secondaries is one of the factors driving that change. Three lawyers discuss end-of-life terms and control over stake sales in this extract from a roundtable in sister publication pfm.

Proskauer's Nigel van Zyl discusses investment period and fund term extensions, in this extract from The LPA Anatomised.

Proskauer's Nigel van Zyl explains the key commercial, legal and investor relationship issues GPs need to consider before amending the agreement's provisions or restructure funds.

Plans to simplify the limited partnership agreement are ambitious, lawyers say.

Half of the global investors surveyed by Augentius expect market conditions to worsen this year compared with 2017.

The private funds industry is institutionalising, but the methods for calculating and reporting performance are still all over the place.

The fund has a 14-year life and 60% of the GP commitment will be put forward by the firm's parent.

Limited partners are acting to preserve their individual interests and make clear they do not represent the LPs collectively in a fund, a conference has heard.

The agency will start spending less time on new financial regulations, according to its chairman, Jay Clayton.

Two reports conclude transparency requirements are affecting the GP-LP dynamic and can be difficult to achieve.