General Partnerships, Co-Investment Rights

Negotiating Economics: What are the Different Advantages of Co-Investment for GPs and LPs?

Ropes & Gray LLP on 7/16/2025

GPs are increasingly exploring formalised co-investment structures in a bid to secure management fees and carried interest. Co-investment activity has increased fivefold over the past two decades, hitting a record $33.2...more

Fundraising Trends in Private Equity for GPs and LPs

Troutman Pepper Locke on 12/13/2019

Brent A. Morowitz, of counsel in the Corporate and Securities Practice Group of Pepper, was interviewed during The Deal Economy Conference in New York. The conference focused on "Predictions and Perspectives" and explored the...more

ILPA's Model Limited Partnership Agreement for Private Funds

Bennett Jones LLP on 11/21/2019

On October 30, 2019, shortly after publishing the latest version of its principles (Principles 3.0), the Institutional Limited Partners Association (ILPA) released the ILPA Model Limited Partnership Agreement (Model LPA), a...more

Growth in Fund Finance Market Leads to Increased Financing Options: Focus on Co-Investment Credit Facilities

Proskauer Rose LLP on 11/21/2019

The fund finance market has continued to grow at a fast pace in recent years. Increased demand by fund sponsors for fund-related financings has led to a large influx of new lenders. In trying to maintain or gain market share,...more

ILPA Releases Principles 3.0 to Address New Developments in Private Equity

Hogan Lovells on 7/1/2019

ILPA report highlights new issues that have emerged in the 2010s, including additional concerns about GP conflicts and fiduciary duties, fee and expense reporting, subscription lines of credit, GP-led secondaries,...more

Fees and Expenses Survey 2018: Everything Is Becoming More Granular

Troutman Pepper Locke on 11/2/2018

Pepper is pleased to announce the release of the 2018 pfm Fees and Expenses Benchmarking Survey, produced in partnership with PEF Services and WithumSmith+Brown. The survey was launched in 2014 in response to fund managers’...more