A majority of private fund managers set the clawback limit at 25%, but they calculate the clawback differently depending on fund type.
Limited partner (LP) clawback provisions enable fund managers to call back previously...more
7/11/2025
/ Asset Management ,
Clawbacks ,
Contract Disputes ,
Contract Terms ,
Fund Managers ,
Investment Funds ,
Limited Partnerships ,
Private Equity ,
Private Funds ,
Risk Management ,
Venture Capital
As noted in our previous article, the lifespan of a closed-end fund typically ranges from 8 to 12 years, depending on the asset class. However, to provide flexibility to deal with issues related to illiquidity of assets,...more
A recent case, Flohr v Frontiers Capital, has provided additional guidance on limited partnership dissolution. In this case, the Court of Appeal considered the scope of the statutory power of a partnership to do what is...more
The Economic Crime and Corporate Transparency Act (ECCTA) became law on 26 October 2023, having completed the legislative process and received Royal Assent. Part 2 of ECCTA introduces significant reforms to UK limited...more
The Economic Crime and Corporate Transparency Bill (the Bill) includes a package of proposed legislative amendments to U.K. limited partnership (UKLP) law, substantially to tighten registration requirements and improve...more
10/12/2022
/ BEIS ,
Corporate Transparency Act ,
Criminal Proceeds ,
Financial Crimes ,
Fraud ,
Limited Partnerships ,
Money Laundering ,
Proposed Legislation ,
Registration Requirement ,
Regulatory Requirements ,
Scotland ,
Terrorist Financing Regulations ,
UK ,
White Collar Crimes