Common Contracts
1 similar null contracts
The ILPA Model Limited Partnership Agreement (Whole of Fund Version)July 29th, 2020
A standard Model Limited Partnership Agreement (“LPA”) has been a persistent need in the private equity asset class given the cost, time and complexity of negotiating the terms of investment. General Partners (“GPs”) have an interest in reducing the length of side letter agreements, providing fundraising certainty, and lowering their fund formation costs. Similarly, Limited Partners (“LPs”) wish to have fair and transparent terms that explain rights and obligations, while also lowering their legal negotiation costs.
