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Funds Finance Focus: Impact of the ILPA Guidance
5 July 2017
View Client Update
On June 27, the Institutional Limited Partners Association issued its “Considerations and Best Practices for Limited and General Partners”.
ILPA’s recommendations focused on disclosure and transparency in relation to the use of subscription line facilities.
Although the guidelines may arise in LP and GP discussions, we expect any possible changes in practice to remain a point of negotiation between LPs and GPs.
Private Equity Firms and Funds
Andrew M. Ahern
Kenneth J. Berman
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