LPAC by Design: Six Recommendations for GPs to Define LPAC Features During Fund Formation
Robert Seber discusses limited partner advisory committees (LPACs) and the importance of general partners (GPs) in taking a more proactive approach to to designing their LPACs.
This article provides six considerations for GPs in defining the scope of an LPAC in fund documents before negotiating with LPs. Read the full article here.
This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.