ILPA & ILPA Principles 3.0
The Institutional Limited Partners Association
("ILPA") is a global organization,
founded in 1990, exclusively dedicated to advancing the interests
and maximizing the performance of limited partners
("LPs") on an individual, institutional and collective
level through guidance, networking and advocacy. ILPA has more than
515 members representing over US$2 trillion of private equity
assets under management.
The ILPA Principles aim to fuel discussions between LPs and
General Partners, or managers ("GPs") to achieve
effective private equity funds through alignment of interest,
governance and transparency and are the result of extensive
dialogue with a range of stakeholders across the private equity
industry. The ILPA Principles were first published in September
2009, and were updated in January 2011 ("Principles 2.0")
following additional feedback from the LP and GP communities.
