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ILPA Private Equity Principles - Aligning the Interest of Limited Partners and General Partners

July 2010 - Corporate & Commercial. Legal Developments by Ogier .

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In September 2009 the Institutional Limited Partners Association (the “ILPA”) published a set of private equity principles (the “Principles”) which aim to set out “preferred private equity terms” in the context of realigning the interests of the limited partner (“LP”) with the general partner (“GP”). The Principles were developed from the input and feedback of institutional private equity investors, senior investment officers and other members of the ILPA and are presented as a set of industry best practices.


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