Closed-End Private Equity Funds: A Detailed Overview of Fund Business Terms, Part II
Journal of Private Equity, pp. 1-27, Summer 2010
28 Pages Posted: 8 Aug 2013 Last revised: 13 Oct 2015
Date Written: June 1, 2010
This is the second of a two-part article that provides a detailed review of the business terms usually found in a Private Equity Fund's limited partnership agreement. Part II focuses on governance and. "softer," terms: Limited liability, conflicts of interest, exit rights, LP transfers, reporting obligations, debt limits and confidentiality covenants. Part I, in a separate article, deals with economic matters.
Keywords: Private Equity
Suggested Citation: Suggested Citation
By Seth Chertok